|
|
|
|
|
|
|
Symantec Survey Identifies Canada's Safest "Cyber City"
Comprehensive study reveals that while Calgarians are conscientious,
Vancouverites lack best practices for online security
TORONTO - Staying connected, protected and secure may be top of mind for the majority of Canadians, but when it comes to maintaining safety on home PCs, Calgarians stampede slightly ahead of the rest. This finding comes from a recent Symantec Corp. survey that also revealed 89 per cent of Canadians polled are concerned about online security threats, while a staggering 40 per cent of those claiming to have up-to-date security software continue to put themselves at risk by not regularly purchasing the latest versions for their home computers.
The survey examined the state of home PC security among seven major
Canadian cities: Vancouver, Calgary, Winnipeg, Toronto, Ottawa, Montreal, and
Halifax. The in-depth study, conducted by Harris/Decima, was developed to gain
insight into Canadians' overall knowledge of Internet security threats and
their attitudes toward security software.
In a very close race (all cities were above 80 per cent), Calgary led the
pack with 9 in 10 respondents (90 per cent) claiming that they have up-to-date
security software installed on their PCs, while Vancouver came in last at
85 per cent. Symantec plans to present the Mayor of Calgary with an award
acknowledging the city's designation as "Canada's Safest Cyber City".
Moreover, the company has announced plans to implement a targeted awareness
campaign in Vancouver in early 2008 to ensure Vancouverites are better
protected.
The vast majority of respondents in all cities claimed to have up-to-date
security software installed on their PCs. However, when further questioned, it
was also revealed that an alarming four out of 10 Canadians who claim to have
up-to-date security software are not taking the necessary precautions by
acquiring the latest versions once a year, as is recommended by industry
software security providers. In fact, of the respondents who reported that
they bought a computer more than five years ago, 29 per cent stated they have
not bought newer versions of security software since purchasing their PC.
"On the whole, the results of the survey are encouraging. It's great news
that the vast number of those surveyed are concerned about online threats and
are taking necessary precautions," said Lynn Hargrove, director, consumer
solutions, Symantec (Canada) Corp. "However, as the Internet threat landscape
continues to grow in scale and sophistication, consumers have no choice but to
be diligent and maintain a proper level of security on their home PCs. Online
fraud and identity theft cannot be left to chance. By regularly downloading
the latest free updates provided by your vendor and purchasing the latest
software versions at least once a year, Canadians can put the appropriate
safeguards in place to protect themselves and their families from potential
vulnerabilities."
Of the respondents claiming to have up-to-date software, residents in
both Calgary and Toronto topped the list with 63 per cent having purchased new
versions of security software in the past year. Montrealers, on the other
hand, are not as conscientious, with only 54 per cent having bought updated
versions in the past 12 months.
Victim Snapshot
According to the survey, almost a quarter (23 per cent) of city dwellers
have fallen victim (or know someone who has fallen victim) to online fraud or
identity theft. At 32 per cent, Vancouver ranks the highest in this category.
Interestingly, the city also has the least number of residents who have
up-to-date security software. Additionally, the survey revealed that
respondents between 18 and 49 are more likely to have experienced online fraud
or identity theft compared to respondents 50 plus (27 per cent vs. 20 per
cent).
The ABCs of Internet Security Threats
After probing Canadians' familiarity with online security threats, the
survey revealed that spam (99 per cent) is the most recognizable threat,
followed closely by worms (94 per cent), Trojans (86 per cent) and phishing
(78 per cent). However, botnets, which are a growing threat around the world,
are less well-known, with only about a quarter (24 per cent) having heard of
the new menace. A type of malicious software, bots allow an attacker to take
control of multiple computers to spread viruses, generate spam and commit
other types of online crime and fraud.
According to Hargrove, Canadian households need to regularly install and
update their home PC security software with complete all-in-one solutions such
as Symantec's Norton 360 and Norton Internet Security 2008 - which now include
free downloadable product updates for one year in order to ensure up-to-date
protection. With key technologies such as antispyware, antivirus, antispam,
advanced phishing protection, transaction security and intrusion prevention,
the Norton suite of products remove viruses and Internet worms automatically,
protect against hackers and block identity theft from phishing Web sites.
<<
Regional and Gender Survey Highlights:
- Montrealers (85 per cent) are the least concerned about home PC
safety, while Torontonians (94 per cent) are the most concerned
- The city least familiar with botnets was Montreal (20 per cent),
followed closely by Winnipeg (21 per cent) and Calgary (23 per cent).
Residents of Ottawa (29 per cent), Vancouver (28 per cent), Toronto
and Halifax (both 25 per cent) are most familiar with this online
threat
- There are few differences between men and women in terms of who has
been targeted for online fraud or identity theft. However, more women
than men (25 per cent vs. 20 per cent) are unsure or unconvinced that
they have fallen victim or know someone who has fallen victim to
fraud or identity theft
- When it comes to having up-to-date security software, Montreal men
are more diligent than their female counterparts (91 per cent vs. 81
per cent)
- Of the cities surveyed, men in Halifax outpace all other male
respondents in purchasing the latest security software once a year
(66 per cent)
>>
|
Quark Launches QuarkCopyDesk 7 for Text and Picture Editing
Latest Release of QuarkCopyDesk Streamlines Content Editing and Works in
Conjunction with QuarkXPress 7, Quark Publishing System 7 and Third Party
Workflow Systems
DENVER - Quark Inc. today announced the launch of QuarkCopyDesk(R) 7, Quark's text and picture editing software designed for writers, editors and others who contribute to publishing workflows. QuarkCopyDesk 7 improves communication throughout the editorial workflow by providing a simple and intuitive work environment and seamless interaction with QuarkXPress(R) 7.
Built completely on the award-winning QuarkXPress 7 code base,
QuarkCopyDesk 7 enables writers and editors see the same graphic-rich pages
that designers see. All attributes, such as colors, article geometry, style
sheets, and hyphenation and justification rules, are maintained so that
formatted files move easily and accurately between the two applications.
QuarkCopyDesk 7 can also exchange text with Microsoft(R) Word, WordPerfect(R),
XPress Tags, HTML and other word processing formats.
Among the new features incorporated in QuarkCopyDesk 7 are:
-- Professional Image Manipulation and Picture Effects: Any image format
supported by QuarkXPress, including native Photoshop(R) files, can be imported
to QuarkCopyDesk 7. Pictures can be scaled, cropped, rotated, and flipped.
Adjustments to brightness and contrast, as well as blur, mask, and despeckle
filters can also be applied - all through easy-to-understand controls in the
context-sensitive Measurements.
-- Split Views: Allows users to split article views horizontally and
vertically to display the content in Galley, Full-screen and WYSIWYG views
simultaneously. Content edited in one view updates the other views
automatically.
-- Streamlined Output Process: Output Profiles and Output Profile Groups
allow users to incorporate metadata into the output data stream using an
internal placeholder framework. Output profiles for Print, PDF, and Article
XML can be combined into output profile groups -- allowing output to different
mediums with one mouse click.
In addition to new functionality, QuarkCopyDesk 7 features XTensions(R)
for Notes, which enables users to place comments directly in the text that
will travel with the article, and Redlining, which lets multiple users review
an article while tracking and highlighting editorial changes. With its proven
and easy-to-use authoring environment, writers, editors, and reviewers using
QuarkCopyDesk 7 know the precise article geometry, so their revised copy
always fits perfectly.
"QuarkCopyDesk 7 enables a more communicative and streamlined editorial
workflow with features that allow those involved in the process to work
simultaneously, track edits and collaborate with QuarkXPress 7," said Rainer
Heckmann, director of product marketing for Quark. "We have designed it to be
the tool of choice for all editors and writers who manage both text and
picture content in their articles."
In addition, QuarkCopyDesk 7 works in conjunction with Quark Publishing
System(R) 7 (QPS(R) 7), Quark's workflow management system launched in October
2007. Designed with a new open, standards-based architecture, QPS 7 integrates
seamlessly with existing business systems and complimentary publishing
solutions to simplify the editorial, creative and production processes for
publishers and corporations with demanding workflows.
|
Xerox Canada announces new president and CEO
TORONTO - Xerox Canada Inc. announced the appointment of Kevin M. Warren to president, CEO and chairman of Xerox Canada, effective January 1, 2008. Warren replaces Doug Lord, who will assume the role of president, U.S. Solutions Group, at that time.
A 23-year veteran of Xerox Corporation, Warren previously led the
transition of Xerox Corporation's $1.5 billion acquisition of Global Imaging
Systems, a U.S. office technology dealer that Xerox acquired in May. He has a
strong background in direct sales and sales management, previously serving as
senior vice president for Xerox Corporation's U.S. Eastern Sales Operations.
In his new role, Warren will be responsible for all aspects of Xerox
Canada, including sales and support of Xerox's portfolio of document
technology and services, human resources, marketing, and other operations
within the country. Warren will report to James Firestone, president, Xerox
North America.
"Xerox Canada has a history of outstanding leaders," says Firestone.
"During his tenure, Doug Lord was instrumental in driving Xerox Canada's
profitable growth, with annual revenue of close to $1.2 billion. Kevin's
extensive sales leadership experience makes him the logical choice to continue
to lead Xerox's customer-focused success in the Canadian marketplace."
Warren holds a Bachelor of Science degree in finance from Georgetown
University and graduated from the Advanced Management Program at Harvard
Business School. He is on the national board of Big Brothers Big Sisters of
America and is also a member of the Executive Leadership Council.
|
New Search Engine Confirms that Milliseconds Matter
ShipGooder.com uses speed and simplicity to attract a loyal following.
TORONTO - In the highly competitive market for web search applications, faster and simpler is better. ShipGooder.com is confident that the company's new courier search technology will do nothing short of revolutionizing the way that packages are shipped.
ShipGooder.com is a search engine that allows visitors to quickly search
FedEx, UPS, DHL, the U.S. Postal Service and local couriers for the best
shipping rates. ShipGooder's service is provided free of charge, and does not
require visitors to create an account or register any personal information.
Additionally, the designers of ShipGooder chose not to clutter its pages with
advertising, which can be distracting and confusing to visitors.
"We developed ShipGooder.com after we identified that the courier search
market was limited with sites that were slow and difficult to use," said Franc
Vodopivec, President of ShipGooder, Inc. "When you compare ShipGooder.com,
which provides results in as little as 15 milliseconds, to other sites that
can take up to a minute to respond, it's very apparent that milliseconds
matter."
"Previous sites attempted to provide a similar search service," said
Nancy Chafee, Vice President of ShipGooder, Inc. "Most of them require that
visitors pay a fee or navigate through numerous pages and forms to get to an
end result. All of them are far slower than ShipGooder.com, which is now
firmly established as the fastest and easiest courier search site on the
Internet."
A mere three months after launching ShipGooder.com, the company's Rapid
Rate Search (RRS) technology has propelled ShipGooder to the forefront as the
market leader in speed and ease of use. RRS combines an AJAX-based front-end
with powerful search servers to provide visitors with search results that are
virtually instantaneous.
The company's strategy has been highly successful, not only from the
standpoint of attracting thousands of loyal visitors, but by also attracting
local, regional and national couriers who are moving quickly to have their
rates displayed on ShipGooder.com.
|
Virtek Vision Announces the Appointment of Stephen J. Sorocky as President and Chief Executive Officer
WATERLOO - Virtek Vision International Inc. announced that Stephen J. Sorocky has been appointed to the position of President and Chief Executive Officer effective January 7, 2008.
Mr. Sorocky is an experienced senior executive who comes to Virtek with a
25-year track record of growth and value creation in technology and
manufacturing businesses. Since 2000 Mr. Sorocky has been the Chief Executive
Officer of Dynacon Inc. Dynacon led the Canadian Space Agency's MOST Project,
a partnership to create the world's smallest space telescope. While at Dynacon
Mr. Sorocky also led the development of an innovative new laboratory
automation product which now has an established and rapidly growing market as
a best practice in clinical laboratories.
Before joining Dynacon Mr. Sorocky was a Vice President with EDS Canada
where he had P&L responsibility for the Manufacturing Industry Division. In
that role Mr. Sorocky led the development of several significant new IT
outsourcing accounts.
Mr. Sorocky began his career at Spar Aerospace where he held a number of
positions of increasing responsibility over sixteen years. In 1992 he was
appointed to the position of Assistant Vice President to the President and
Chief Executive Officer where he played an important role in managing Spar's
relationship with the Canadian Space Agency. He was then promoted to Vice
President and General Manager of Spar's Space Robotics Division where he
managed the space shuttle Canadarm, Canadarm 2, SPDM and space station
projects.
Mr. Sorocky holds a Bachelor's degree in Engineering Science from the
University of Toronto and an MBA in International Business and Finance from
McGill University. He is currently completing the Chartered Directors program
at The Directors College, McMaster University. He is the former Chair of
Vistar, a Spar-BCE joint venture in the area of satellite to ground
communications. He is currently a member of the Board of Directors of Dynacon.
Bob Nally, Chairman of the Board of Directors, said, "Virtek's Board is
very pleased to have someone of Steve's ability and experience to lead the
company. Virtek has a clear agenda that includes aggressive growth in the
Marking and Engraving business and significant improvements to profitability
and return on assets. We are confident that Steve brings the business
leadership, managerial talent and engineering acumen that Virtek needs to
deliver against these goals."
Mr. Sorocky replaces Bob Sandness who is completing his term as Virtek's
President and Chief Executive Officer at the end of the year. "The board
extends its thanks to Bob for his commitment and contribution to Virtek over
the past eight years," said Mr. Nally.
|
COM DEV Announces US$ 17 Million Commercial Order
CAMBRIDGE - COM DEV International Ltd. (TSX: CDV), a leading manufacturer of space hardware subsystems, today announced that it has been awarded a contract to provide advanced payload electronics for a major commercial satellite constellation. The full contract is valued in excess of US$24 million, of which approximately US$7 million was previously awarded in the form of an Authorization to Proceed and subsequent amendments. The incremental US$17 million award has been booked as a new order in COM DEV's 2007 fiscal fourth quarter. All work on the program will be completed at COM DEV's Cambridge, Ontario facility.
"This order is the result of several months of negotiations, and I am
pleased to see our commercial space electronics and surface acoustic wave
filter product lines benefit from such a contract win," said John Keating, CEO
of COM DEV International Ltd.
|
Orange and RIM Introduce the BlackBerry Curve 8320 and BlackBerry 8120 Smartphones With Wi-Fi to the UK
London UK and Waterloo, ON - Orange UK and Research In Motion (RIM) announced the launch of two new Wi-Fi®-enabled BlackBerry® smartphones to customers in the UK the BlackBerry® Curve 8320 and the BlackBerry® Pearl 8120.
The BlackBerry Curve 8320 with built-in Wi-Fi offers an exceptional design and rich combination of features. It is as perfect for staying close to friends and family as it is for a busy day at work. Available in a stylish liquid silver finish, the BlackBerry Curve 8320 is RIM’s smallest and lightest full-QWERTY keyboard smartphone and includes a two megapixel digital camera, music and video player, a standard 3.5mm stereo headset jack and a microSD/SDHC card slot for expandable memory storage.
In its small, stylish and elegant design, the BlackBerry Pearl 8120 with built-in Wi-Fi is ideal for people who want business-grade functionality in an ultra-sleek phone. In addition to renowned BlackBerry® smartphone functionality such as phone, email, messaging, organizer, web browsing and more, the BlackBerry Pearl 8120 features the Orange Signature Home Screen, providing users with a familiar “Orange user-experience.” It enables users to customise the Home Screen with shortcuts to frequently used business applications, as well as providing convenient and quick ways to trial games, ringtones and more from Orange Downloads. It also comes complete with a two megapixel digital camera, music and video player, a standard 3.5mm stereo headset jack and a microSD/SDHC card slot for expandable memory storage.
Nick Horton, Head of Devices, Orange Business Services, said: “Orange is committed to providing the best range of devices to ensure that all our customers’ wide-ranging needs are met, whether that be the ability to connect to Wi-Fi services on the move or to access their emails wherever they are. By launching the stylish BlackBerry Curve 8320 and the BlackBerry Pearl 8120, we are continuing our reputation of delivering the technology that our customers want in order to be successful.”
|
COM DEV Establishes Special Committee
CAMBRIDGE - COM DEV International Ltd.announced November 27, 2007 that it has established a special committee comprised of two independent directors to commence a review of historical stock option granting practices. The Special Committee is being assisted by independent legal counsel and independent accounting consultants. The Company along with counsel for the Special Committee and independent legal counsel have met with staff of the Ontario Securities Commission to advise them of the review process to be undertaken by the Special Committee. The Company is not aware of any investigation by the OSC at this time. The Special Committee will make recommendations to the Board of Directors of COM DEV with respect to reviewing and revising its stock option granting procedures and corporate governance policies as may be required following completion of the review.
Until the review has been completed, the Company cannot determine if
there will be any material adjustment to its historical financial statements.
Since November 1, 2003, the Company has recognized the cost for all stock
options granted to employees and directors under its stock option plan as a
compensation expense.
|
Sierra Systems to Acquire Calgary-based RIS
VANCOUVER - Sierra Systems Group Inc., a leading information technology and management consulting services company, announced today that it will acquire privately-held RIS, Inc. - a top provider of applications support and maintenance services (ASM).
RIS supports, maintains and enhances critical computer applications for some of North America's largest companies. Founded in 1979, the Calgary-based company's portfolio of ASM-specific services range from IT staffing to full application outsourcing.
RIS' expertise in the managed service provider market, particularly in the areas of ASM and staff augmentation, will enable Sierra Systems to provide private and public sector customers across North America with a full range of IT services - from management consulting and project implementation, to support and maintenance of those solutions over time. The acquisition will also provide Sierra Systems with an enhanced presence across Canada - especially in Calgary and Toronto but also in other areas where RIS has a presence including Regina and Edmonton, as well as Bucharest, Romania and the United States.
"RIS brings thought and market-leadership in the managed service provider space, as well as a strong service delivery track record in enterprise resource planning, business intelligence and data warehousing," explains Joe Campbell, Sierra Systems' President and CEO. "Together with Sierra Systems' expertise in delivering large projects, linking strategy with results and offering a flexible delivery model, we will be able to build upon our exceptional customer satisfaction levels and enhance our service offering to our clients."
"Today's announcement opens an exciting new chapter in a story that began more than a quarter-century ago," says RIS President, CEO and Founder Dr. Peter Thompson. "It's a natural extension of our vision for applications support and maintenance, and our strategy for leadership in niche IT services. For our clients and our team - many of whom have been with us from day one - it means even greater resources, services and opportunities."
Golden Gate Capital, the San Francisco-based private equity investment firm that took Sierra Systems private earlier this year, supported Sierra in the acquisition. According to Golden Gate Capital Managing Director David Dominik, "We look for information technology services companies with world-class cultures and sustained track records of delivering superior results for their clients. Sierra and RIS have both. The opportunities created by combining these two organizations with very complementary services offerings, vertical expertise, and geographical presence will position the combined company to achieve the next stage in its growth."
The acquisition is expected to close on November 30, 2007. Effective January 1, 2008, RIS' operations and its over 250 employees and 350 subcontractors will operate under the Sierra Systems' name.
|
MKS Announces Quarterly Profits on Record Revenues for Second Quarter Fiscal 2008
Waterloo, ON MKS Inc. announced its financial results for the second quarter of fiscal 2008 ended October 31, 2007. All amounts are reported in US dollars under United States Generally Accepted Accounting Principles.
Financial & Operational Highlights: Q2 2008 (compared with Q2 2007)
Total revenue increased 18 percent to a record $13.6 million from $11.5 million.
Net income increased to $0.2 million or $0.00 per share from a net loss of ($0.7) million or ($0.01) per share.
Application lifecycle management (ALM) revenues increased 23 percent to $11.9 million from $9.7 million.
ALM license revenue rose 23 percent to $4.2 million from $3.4 million.
ALM maintenance revenues increased 19 percent to $5.6 million from $4.7 million.
ALM service revenues increased 33 percent to $2.1 million from $1.6 million.
New business was won at Chase Paymentech, ING, Medtronic, Migaro and Professional Data Solutions, and follow-on wins with Continental, Fortis Bank, HSBC, IT Frontier, Torstar, Northrop Grumman, TietoEnator and Trading Technologies.
Closing cash balance at October 31, 2007 was $9.9 million, down from $11.9 million at July 31, 2007.
"We are pleased to report another quarter of record revenues as well as a return to overall profitability," said Philip Deck, CEO of MKS. "Solid improvements in ALM licensing, maintenance and services and focused cost control contributed to our profitability in spite of substantial currency-related cost increases."
"We accomplished our record revenue this quarter based on a series of relatively modest transactions from both long term accounts and new ones," said Michael Harris, MKS President and COO. "We continue to invest substantial field resources on several long term customer initiatives that are steadily maturing. We believe that the combination bodes well for growth looking forward."
Financial Review
Total revenue for the second quarter of fiscal 2008 was $13.6 million, an increase of 18 percent over the second quarter of fiscal 2007. Net income for the second quarter of fiscal 2008 was $0.2 million, or $0.00 per share, compared to a net loss of ($0.7) million or ($0.01) per share in the second quarter of fiscal 2007.
Six month revenues for fiscal 2008 increased 13 percent to $27.2 million compared with revenues of $24.1 million for the same period in fiscal 2007. Six month net loss was ($0.1) million, a decrease from a net loss of ($1.2) million for the same period in fiscal 2007.
Second quarter fiscal 2008 application lifecycle management (ALM) revenues increased 23 percent to $11.9 million, compared to revenues of $9.7 million reported in the second quarter of fiscal 2007.
Six month ALM revenues for fiscal 2008 increased 17 percent to $23.6 million from $20.2 million for the first six months of fiscal 2007.
Outlook & Guidance
MKS expects that ALM license revenue will improve in fiscal 2008 from the levels of fiscal 2007 which, combined with continued increases in maintenance and services revenue, will result in higher total revenue for the fiscal year compared to fiscal 2007, more than offsetting expected declines in Interoperability revenue.
MKS is managing its cost base to sustain current sales and marketing capacity and is making further investments in sales resources only to the extent that consistent profitability can be expected throughout its planning horizon. MKS expects full year profitability for fiscal 2008 based on increasing revenue and carefully managed costs. For the fiscal year 2008, the significant volatility in MKS operating currencies has represented a substantial planning challenge.
MKS expects to maintain more than sufficient cash balances through fiscal 2008 through the combination of expected improvements in net income, reduced capital expenditures over those in fiscal 2007 and an expected continuation of lower overall receivables days net of current dividend policy. The Company expects that seasonal factors will cause inflows of cash in the second half of the fiscal year as the Company’s annual maintenance renewals are more heavily weighted to the last two quarters of the fiscal year.
|
Amika Mobile Wins Business Achievement Award
OTTAWA - Amika Mobile, the pioneer in the delivery of key content to any mobile phone, receives Ottawa Chamber of Commerce Best Small Business Silver Award for 2007. Winners are selected based on business growth opportunities, job creation, innovation, customer focus, community contribution and strong sense of corporate responsibility.
In eight short months Amika Mobile has been launched as a wireless start-up with an experienced team that led a successful multi-million dollar exit of their compliance business unit to Entrust in June 2004 entrust.com. The company has already released the Amika Mobility Server- Enterprise and ISP editions as well as the amikamobile.net portal, which delivers critical email content to any mobile phone anywhere in the world. Amika Mobile's CEO, Dr. Sue Abu-Hakima, was also named Canada's 2007 Advanced Technology Woman Entrepreneur (www.cata.ca). As a two-time Founder/CEO she has a demonstrated strong track record of innovation and business leadership.
Amika Mobile sells its products through distributors, system integrators and platform vendors focusing on India, North America and Europe.
|
Open Text Announces Completion by Jazz Pharmaceuticals, Inc. of FDA Electronic Pilot Submission Using Livelink ECM - Collaborative Submissions
Comprehensive Compliance Solution Meets Industry's Electronic Common
Technical Document (eCTD) Requirements, Streamlines Processes and Reduces
Delays
CHICAGO - Open Text(TM) Corporation announced that Jazz Pharmaceuticals, Inc. has successfully completed its pilot submission to the U.S. Food and Drug Administration (FDA) using Open Text's Livelink ECM - Collaborative Submissions. This initial step is required to ensure that an electronic submission in the eCTD (Electronic Common Technical Document) format can be prepared according to published guidelines and successfully received by the FDA prior to the January 1, 2008 deadline.
Livelink ECM - Collaborative Submissions is designed to manage and
support the assembly, review, approval and release of large document sets
(submissions) made to government regulatory agencies around the world that are
responsible for drugs, biologics and related products. The comprehensive
Livelink ECM - Collaborative Submissions solution manages documents through
their lifecycles and reduces time-to-market by enabling companies to prepare
and make submissions in the industry's standard eCTD format.
Developed by the International Conference on Harmonization (ICH), the
eCTD was designed to be a common format for company-to-regulatory agency
transfer of information and is acceptable across the United States, Japan, the
European Union and Canada. However, since the eCTD is still an evolving
standard, with a number of different interpretations and region-specific
guidelines, the FDA established the pilot submission process to certify the
technology platform used for eCTD submissions.
Like many pharmaceutical companies today, Jazz Pharmaceuticals, Inc. has
embraced the eCTD format as a way to improve its regulatory processes. Using
Livelink ECM - Collaborative Submissions, Jazz Pharmaceuticals prepared and
sent to the FDA a very sophisticated pilot submission that was composed of
more than 500 documents, including SAS-format statistical information,
supplied in native form; the FDA's required Study Tagging File (STF); and the
FDA's Structured Product Labeling (SPL). In addition, the company provided
several hundred PDF links between the submitted documents.
The pilot submission was thoroughly verified by the FDA and passed with
no issues.
"We selected Open Text's Collaborative Submissions for our eCTD
submissions because we wanted a tightly integrated solution to our Livelink
ECM document management system," said Lynn Ferguson Lewis, Project Manager,
Information Technology, at Jazz Pharmaceuticals. "We are very pleased that our
pilot submission was confirmed by the FDA."
"Being able to submit documents according to the FDA's rules is obviously
a business-critical issue for any pharmaceutical company," said John
Wilkerson, Executive Vice President of Global Sales, Services and Support at
Open Text. "The team at Jazz Pharmaceuticals planned ahead and has deployed a
solution that has worked well for a successful pilot submission that met
regulatory guidelines. The success at Jazz Pharmaceuticals validates the work
we've done in the life sciences industry, with customers and partners, to
create solutions that are addressing the latest compliance requirements from
the FDA and other regulatory agencies around the globe."
Livelink ECM - Collaborative Submissions offers life sciences companies a
single, end-to-end system to help manage eCTD-compliant submissions to the
FDA, the European Agency for the Evaluation of Medicinal Products (EMEA) and
other regulators worldwide. The solution combines documents, forms and records
management software, content publishing tools and the ability to automate a
wide range of processes, from ad hoc to tightly sequenced workflows.
Integrated tools such as check-in/check-out, version history, event auditing,
signing controls, alternate renditions and compound documents make it easy to
manage documents, their constituent documents and related components to ensure
accuracy.
|
MKS Declares Quarterly Dividend
Waterloo MKS Inc. announced November 26, 2007 that its Board of Directors has declared a quarterly cash dividend of US $0.02 per share on the Company's outstanding common shares in accordance with its dividend policy. The cash dividend will be payable on January 15, 2008 to shareholders of record at the close of business on December 31, 2007.
The dividend is designated as an eligible dividend for the purposes of section 89 of the Income Tax Act (Canada).
|
RDM Corporation reports record revenues and earnings in fiscal 2007
Company achieves 39% revenue growth
WATERLOO RDM Corporation reported its financial results for the three and twelve-month periods ended September 30, 2007.
Fiscal 2007 Financial Highlights
- Total revenues were $33.9 million in fiscal 2007, an increase of 39%
from $24.3 million in 2006.
- The Digital Imaging segment, which represented 85% of revenues, grew
by 69% to $28.7 million of revenues.
- Gross profit was $13.5 million or 40% of revenues, compared to
$10.0 million or 41% of revenues in 2006.
- Net earnings were $5.8 million or $0.26 per share (fully diluted) in
2007, compared to $2.1 million or $0.10 per share in the previous
year. Approximately $2.7 million of 2007 earnings or $0.13 per share
were attributable to a gain on the sale of RDM's minority stake in
Xign Corporation.
- Cash and equivalents grew to $17.4 million at September 30, 2007,
from $6.2 million one year earlier.
Fiscal 2007 Operating Highlights
- Transaction volumes for RDM's Image & Transaction Management System
(ITMS) averaged 1,755,000 items per week during the fourth quarter of
2007 and exited the year at 2,081,000 items, compared to 792,000
items per week in Q4 2006.
- Ten new bank distributors were signed during the year, bringing the
total to 25 banks.
- ITMS end user locations increased to 8,400 from 3,300 at the start of
the year.
- Shipments of proprietary scanner units grew to 55,000 in 2007,
compared to 34,000 the prior year.
- Product announcements included the CaptureOne (tm) batch scanner which is co-branded with Epson Corporation, and a new version of ITMS Web Client.
"A 39% increase in revenues and the second year in a row of record
earnings are a great testament to the employees of RDM who have worked with
great dedication and creativity over the past 12 months," said Douglas Newman,
President and CEO of RDM Corporation. "RDM continues to be one of the leaders
in remote deposit capture and we have established a great foundation for long
term growth. Industry estimates are that only 2% of U.S. businesses are using
RDC with the potential for 5 million seat deployments over the next five
years."
Mr. Newman continued: "RDM is well positioned with our positive cash flow
and cash in the bank to take advantage of acquisition and consolidation
opportunities as they arise in our industry. We expect our revenue growth
rates to continue at the same pace as over the past two years. Over the next
year, gross margins may be impacted by fluctuation in the exchange rate
between the Canadian and U.S. dollar. At current exchange rates, gross margins
achieved are likely to be similar to those of Q4 2007."
Financial Review
RDM's revenues grew year-over-year by $9.6 million or 39% to
$33.9 million in fiscal 2007. As RDM generates virtually all of its revenues
in U.S. dollars, the Company was negatively impacted by the continued
strengthening of the Canadian dollar during 2007.
The revenue increase was attributable to strong growth in the Digital
Imaging segment, which comprises both scanner sales and the ITMS transaction
revenue. Digital Imaging revenues grew by 69% to $28.7 million from
$17.0 million in 2006, driven by increasing adoption of remote deposit capture
services. The vast majority of Digital Imaging revenues were derived from
scanner sales, which increased to 54,000 units from 34,000 units in 2006.
Management anticipates continued volatility of units shipped on a quarterly
basis, but expects to see an upward trend in scanner sales over the longer
term.
Revenues in the Electronic Payments Solutions segment, comprised of
custom development projects for government agencies and financial institution
customers, were $3.2 million in 2007 compared to $5.5 million the previous
year. The Quality Assurance segment, comprised of quality control products
sold to commercial check printers and processors, generated revenues of
2.0 million, compared to $1.8 million in 2006. Results in the two smaller
segments were in line with management expectations, and both segments made a
positive contribution to operating income.
Gross profit grew by $3.5 million or 35% to $13.5 million in fiscal 2007.
Expressed as a percentage of revenue, gross margin was 40% in 2007 compared to
41% last year, with the change attributable to business mix.
Sales and marketing expense increased 44% to $4.2 million, due to higher
investment in sales activities related to the rapidly growing Digital Imaging
segment, a focus on signing new ITMS banks, and marketing activities to
prepare for the introduction of a batch scanner. Research and development
expenses, net of investment tax credits, were unchanged at $3.0 million, as
the Company continued to invest in Digital Imaging new product development.
General and administration expenses increased 33% to $2.1 million as a result
of increased regulatory compliance requirements, staff recruiting, SAS 70
audit fees and insurance due to the growth of the Company.
In 2007 RDM recorded a $2.7 million gain on sale of long term investment
related to the sale of its minority interest in Xign Corporation. The Company
recorded a $657,000 foreign exchange gain in 2007 compared to a $168,000 loss
the prior year. Income tax expense for the year was $1.2 million, compared to
a tax recovery of $784,000 in 2006. Net earnings of $5.8 million, or $0.26 per
share (fully diluted), represented significant growth compared to $2.1 million
or $0.10 per share in 2006.
Operating activities provided $2.4 million of cash flow in 2007, compared
to $0.9 million in 2006. Investing activities provided $7.6 million of cash,
comprised primarily of proceeds from the sale of the Company's minority
interest in Xign Corporation. Cash and equivalents were $17.4 million at
September 30, 2007.
|
Certain RIM Executives Adopt Automatic Securities Disposition Plans
Waterloo - Research In Motion Limited announced November 23, 2007 that it has amended its Insider Trading Policy to enable its directors, officers and employees (each an "insider") to adopt automatic securities disposition plans ("ASDPs") pursuant to the United States Securities and Exchange Commission's Rule 10b5-1 ("Rule 10b5-1") and applicable Canadian provincial securities legislation, including the guidance under Ontario Securities Commission's Staff Notice 55-701 (the "Canadian Legislation").
Rule 10b5-1 and the Canadian Legislation permit insiders to adopt written ASDPs (generally referred to in the United States as "Rule 10b5-1 Plans") to sell, donate or otherwise transfer shares in the future (including upon exercise of stock options) according to the ASDP on an automatic basis regardless of any subsequent material non-public information they receive. Once an ASDP is established, the insider is not permitted to exercise any further discretion or influence over how dispositions will occur under the ASDP. RIM recognizes that insiders may have reasons unrelated to their assessment of a company or its prospects in determining to effect transactions in that company's common shares under an ASDP. These reasons might include, for example, charitable donations, tax and estate planning, retirement planning, the purchase of a home, the payment of university tuition for a child, the establishment of a trust, the balancing of assets and diversification of investments in an orderly manner, or other personal reasons. RIM also recognizes that many of its officers and employees have a substantial portion of their personal net worth represented by securities of the Company, and that a number of RIM's officers have been subject to lengthy restrictions on their ability to effect trades in RIM's common shares because of regular and special trading blackouts imposed on such officers under the Company's Insider Trading Policy and the management cease trade order (MCTO) issued by the Ontario Securities Commission in October 2006 at the Company's request.
In addition to meeting the basic requirements of Rule 10b5-1 and Canadian Legislation, RIM has established additional measures designed to conform with "best practices" relating to ASDPs. Those measures include the following: (i) ASDPs may only be adopted during a trading window; (ii) a "cooling-off" period of three months (30 days for pre-existing charitable commitments) will generally be required between the adoption of the ASDP and the first sale under the ASDP; (iii) an ASDP should generally have a duration of 12-24 months; (iv) the ASDP must contain meaningful restrictions on the ability of the insider to modify or terminate the ASDP; and (v) the ASDP should generally provide for regular sales of smaller amounts (relative to an insider's holdings) over a period of time rather than large sales during a short period of time after adoption of the ASDP. In addition, RIM's Insider Trading Policy requires all ASDPs to be pre-cleared by the Board of Directors or a designated committee thereof. The Board of Directors will also consider such other "best practices" as they exist at the time an insider adopts an ASDP and may impose such additional requirements, or grant such exceptions, as it determines are necessary or appropriate.
Following the amendment to RIM's Insider Trading Policy, the following officers of the Company have opted to establish ASDPs prior to the closing of RIM's current trading window today:
• Jim Balsillie (Co-Chief Executive Officer) Mr. Balsillie's ASDP provides for the donation of Cdn$38 million of common shares of RIM to certain charitable organizations and educational or research institutions, as well as the sale of Cdn$86 million of common shares of RIM over the 13-month term of the ASDP (including in each case common shares issuable upon exercises of stock options held by Mr. Balsillie). These amounts represent a small portion of Mr. Balsillie's beneficial ownership of RIM's shares.
• Mike Lazaridis (President and Co-Chief Executive Officer) Mr. Lazaridis' ASDP provides for the donation of up to Cdn$75 million of common shares of RIM by Mr. Lazaridis (or companies controlled by Mr. Lazaridis) to certain charitable organizations and educational or research institutions, as well as the sale of up to Cdn$100 million of common shares of RIM over a minimum 14-month term (maximum 18-month) of the ASDP. These amounts represent a small portion of Mr. Lazaridis' beneficial ownership of RIM's shares.
• Larry Conlee (Chief Operating Officer Product Development and Manufacturing) Mr. Conlee's ASDP provides for the sale of 578,500 common shares of RIM upon exercises of options held by Mr. Conlee over the 12-month term of the ASDP.
• Dennis Kavelman (Chief Operating Officer Administration and Operations) Mr. Kavelman's ASDP provides for the transfer of 240,000 common shares of RIM upon the exercise of options held by Mr. Kavelman to a charitable foundation established by Mr. Kavelman and his wife and the subsequent sale of such shares by the foundation pursuant to its ASDP, as well as the sale of up to 500,000 common shares upon exercises of stock options held by Mr. Kavelman over the 18-month term of his ASDP. In addition to the options subject to the ASDPs, Mr. Kavelman has 492,000 vested and unvested RIM stock options as well as RIM shares.
• Don Morrison (Chief Operating Officer BlackBerry) Mr. Morrison's ASDP provides for the donation of 95,000 common shares of RIM upon exercises of stock options held by Mr. Morrison to certain charitable organizations and a charitable foundation established by Mr. Morrison and his wife, as well as the sale of 265,000 common shares upon exercises of options held by Mr. Morrison over the 12-month term of the ASDP.
• Karima Bawa (Vice President, Legal) Ms. Bawa's ASDP provides for the sale of up to 275,750 common shares of RIM (including common shares issuable upon exercises of options held by Ms. Bawa) over the 12-month term of the ASDP.
• Norm Lo (Vice President, Asia/Pacific) Mr. Lo's ASDP provides for the sale of up to 210,000 common shares of RIM upon exercises of options held by Mr. Lo over the 13-month term of the ASDP.
• Elizabeth Roe Pfeifer (Vice President, Organizational Development) Ms. Roe Pfeifer's ASDP provides for the sale of up to 50,350 common shares of RIM (including common shares issuable upon exercises of options held by Ms. Roe Pfeifer) over the 8-month term of the ASDP. In light of the smaller number of shares to be sold by Ms. Roe Pfeifer, RIM's Board of Directors granted Ms. Roe Pfeifer an exemption from the requirement that the ASDP have a minimum 12-month term.
Dispositions by the insiders under their respective ASDPs will be reported in accordance with applicable Canadian securities laws (RIM's insiders are exempt from filing insider reports under U.S. securities laws) and on Forms 144 filed with the Securities and Exchange Commission by any officers or directors who sell such securities on the Nasdaq Stock Market. Each such filing will bear a notation to advise readers that the dispositions relate to an ASDP.
Other insiders of the Company may from time to time adopt ASDPs during trading windows. RIM will issue a press release to announce the adoption of any other ASDPs by its directors or officers.
As previously announced, in May 2007, RIM completed a management-initiated review of its historical stock option granting practices, which resulted in a restatement of its previously filed U.S. GAAP financial statements. The section of RIM's MD&A for fiscal 2007 titled "Explanatory Note Regarding the Restatement of Previously Issued Financial Statements" describes the background, scope and findings of the internal review of stock option practices that was completed by a Special Committee of RIM's Board of Directors, summarizes the accounting impact of the restatement adjustments on the Company's U.S. GAAP financial statements, and outlines the measures implemented by the Company in response to the recommendations of the Special Committee. The Company has also disclosed that the United States Attorney for the Southern District of New York, the Securities and Exchange Commission and the Ontario Securities Commission are conducting investigations in connection with the Company's historical stock option granting practices. While it is not possible to predict at this time what action may result from the investigations, the Company anticipates that RIM or certain of its directors or officers may be subject to potential enforcement action, and could be subject to other potential risks and outcomes, which are described in greater detail under the heading "Restatement of Previously Issued Financial Statements" in RIM's MD&A for the three months and six months ended September 1, 2007, and under the heading "Risk Factors Risks Related to the Company's Stock Option Granting Practices Matters relating to the Company's internal review of its stock option granting practices, the restatement of the Company's previously filed financial statements as a result of the review, and regulatory investigations or litigation relating to those matters may have a material adverse effect on the Company" in RIM's Annual Information Form for fiscal 2007 (filed as part of RIM's Annual Report on Form 40-F). Copies of such filings may be obtained at www.sedar.com and www.sec.gov. Such actions or outcomes could have a material adverse effect on the Company.
|
Communitech launches Titan Learning Series
WATERLOO REGION - On Tuesday November 27th, Communitech launches the 2007-2008 Titan Learning Series, designed to fill specific knowledge and skills gaps within Waterloo Region technology companies.
The workshops will provide tech professionals with unprecedented access to high-level business leadership and skills development in areas where Communitech members have identified a specific knowledge gap.
As part of its annual Listening Survey, Communitech asked companies to identify "pain points." The message came through clearly - tech companies want to strengthen their team members' skills in: * sales * marketing * talent recruitment and retention, and * rapid growth management techniques.
"We're bringing in the best in the business to coach our tech companies," says Iain Klugman, president and CEO, Communitech. "It's the first time this level of thought leadership will be here in Waterloo Region, providing real, hands-on learning opportunities. And we're making this accessible to all kinds of companies - big and small."
The series kicks off November 27 with "The Dynamics of Technology Market Development: Lessons from Silicon Valley" presented the Chasm Group, a consulting firm founded by Geoffrey A. Moore, groundbreaking author of the best-selling Crossing the Chasm. The experience-based full day workshop is designed to help high tech entrepreneurs position their products to fully exploit their business opportunities. The Chasm Group is presented in partnership with Acetech.
Titan Learning Series workshops are $150 for Communitech members; $250 for non-members. The Series includes:
* The Chasm Group, November 27, Bingemans * Pragmatic Marketing, January 22, The Waterloo Inn and Conference Centre * Brad Smart, TopGrading, April 9, Holiday Inn Kitchener * Verne Harnish, Gazelles Inc., June 4, Delta hotel Kitchener
The Series is named for the association's Titans of Technology sponsors, whose commitment and participation makes the workshops possible. 2007-2008 Titans include: Atria Networks LP, Christie Digital Systems, COM DEV, Data Perceptions, eSolutions Group, Gowlings, INO, KPMG, MapleSoft, Navtech, Ontario Centres of Excellence, Open Text, Research In Motion, Sandvine, SpencerStuart, St Jacobs Country Inns, Tech Capital Partners, Laurier School of Business and Economics, 570 News, and The Record. |
Golden Telecom Selects ECtel's Fraud Management Solution To Reduce Fraud Losses
Next- Generation Service Providers Can Eliminate Up to 90% of Fraud Losses
ROSH HA'AYIN, ISRAEL Golden Telecom, a leading provider of integrated telecommunications and Internet services in Russia and the Commonwealth of Independent States (“CIS”), has selected FraudView®, the fraud management solution of ECtel Ltd., a leading provider of Integrated Revenue Management (IRM ) solutions.
ECI Telecom, a global provider of networking infrastructure equipment and a long time supplier of SDH, DWDM and NGN solutions to Golden Telecom, represents ECtel in the region.
With telecom fraud accounting for up to 8% of lost annual revenue, operators are constantly striving to manage this problem and improve their bottom line. FraudView® enables operators to protect their revenues through real-time detection and prevention of fraud losses across all business lines and services. Through a feature-rich back-office application, it provides an innovative and comprehensive solution designed to meet the needs of wireline and 2.0/2.5/3G wireless, VoIP/IP, convergent and next-generation communications service providers.
"We are excited to add Golden Telecom to our growing installed base of operators who are successfully using our solution for fraud prevention," said Mr. Itzik Weinstein, President and CEO of ECtel. "Our continued investment in the development of state-of-the-art solutions paired with our significant presence through our long-term channel partner ECI Telecom, has enabled us to sustain the industry's largest installed base of wireline and wireless operators, and the market's first solutions supporting 3G and VoIP networks."
|
Sleek and Stylish BlackBerry Pearl 8120 Smartphone Launched in Australia
Sydney, Australia and Waterloo, ON - Research In Motion announced the new BlackBerry® Pearl 8120 smartphone in Australia. “BlackBerry smartphones are well received in Australia and we are pleased to be working with our partners to introduce another RIM innovation to the Australian market,” said Norm Lo, Vice President of Asia Pacific at RIM. “The new BlackBerry Pearl 8120, with its elegant design, advanced multimedia features and Wi-Fi capabilities, is perfect for both personal and professional use.”
Multimedia to Go
The BlackBerry Pearl 8120 comes with a 2 megapixel camera with 5x digital zoom and enhanced flash. The camera also supports video capture in two resolutions: 240x180 or 176x144 for sharing via MMS.
The media player now allows users to create and edit playlists right on the handset. Alternatively, users can manage their media files from their PC with the Roxio® Media Manager for BlackBerry®, which is included with the BlackBerry® Desktop Manager software.
The BlackBerry Pearl 8120 supports the Bluetooth® stereo audio profile (A2DP/AVRCP) and comes with a 3.5 mm stereo headset jack so users can plug in their preferred headphones or speakers. The smartphone also provides the convenience of an externally accessible microSD/SDHC memory card slot for additional storage of music, videos and pictures.
The BlackBerry Pearl 8120 supports high-speed USB for transferring files between the handset and a PC at data throughput rates of up to 10MB/sec.
Ultra-Sleek and Stylish
The BlackBerry Pearl 8120 smartphone is available in a stylish titanium-colored finish and adds many new enhancements while maintaining the ultra-sleek form -- measuring only 107mm x 55mm x 14mm and weighing approximately 91g -- that has already garnered international recognition and accolades.
The BlackBerry Pearl 8120 provides an exceptional user experience through the trackball navigation system and RIM's popular SureType® keyboard system that makes message typing and phone dialing fast and easy. The SureType keyboard system has been enhanced to provide word completion, easier editing of misspelled words and a built-in spell checker.
Enhanced Visual Interface
The BlackBerry Pearl 8120 features an updated visual interface and integrates a new font rendering technology. The new technology is evident throughout the visual interface, complementing the new look of the BlackBerry® email client, calendar, address book, task list, memo pad and web browser, while also enhancing other applications. The BlackBerry® Browser is further improved with a new "Page View" option that displays a full web page on the screen along with a magnifying glass that allows the user to quickly and accurately point and zoom in on a specific area of the web page.
Wi-Fi and Quad-Band Connectivity
In addition to quad-band GSM/GPRS/EDGE support, customers can also enjoy the BlackBerry Pearl 8120 with faster web browsing and expanded wireless data coverage via Wi-Fi (802.11 b/g) networks. To meet various security requirements for users accessing a Wi-Fi connection, the BlackBerry Pearl 8120 is compliant with Wi-Fi security protocols including WEP (Wireless Equivalency Protocol), WPA (Wi-Fi Protected Access) and WPA2.
Advanced Phone Features
The BlackBerry Pearl 8120 offers many convenient phone features including Speaker Independent Voice Recognition (SIVR) for Voice Activated Dialing (VAD), Bluetooth 2.0 support for hands-free use with headsets, car kits and other Bluetooth peripherals, a low-distortion speakerphone and support for polyphonic, mp3 and MIDI ring tones. The smartphone also includes new features that enhance phone audio quality including enhanced background noise, wind and echo cancellation for better performance in loud environments like airports, restaurants or busy downtown streets. An 'enhance call audio' feature also allows the user to boost the phone audio's bass or treble while on a call.
The BlackBerry Pearl 8120 is supported on BlackBerry® Internet Service, giving users access to up to 10 supported work or personal email accounts (including most popular ISP email accounts), as well as BlackBerry® Enterprise Server, enabling advanced security and IT administration within IBM® Lotus® Domino®, Microsoft® Exchange and Novell® GroupWise® environments.
|
CRC Demonstrates World's Smallest Software Defined Radio -- Tiny radio on GumstixTM Makes SCA Applicable to New Industries
OTTAWA - The Communications Research Centre Canada (CRC), an agency of Industry Canada, in partnership with DSO National Laboratories of Singapore, have demonstrated the world's smallest SDR radio compliant with the Software Communications Architecture (SCA) specification, for use in commercial and consumer applications.
Showcased earlier this month at the 2007 SDR Technical Conference and Product Exhibition in Denver, the radio is based on DSO's Gumstix micro-computer. The radio implements a complete analog FM transceiver, interoperable with Commercial-Off-The-Shelf (COTS) FM handheld radios such as those used by public safety organizations and the popular Family Radio Service (FRS). Central to the unit is the CRC's flagship product SCARI++, the most widely used SCA Core Framework implementing the Joint Tactical Radio System (JTRS) specifications. The SCA FM waveform runs on the XScale processor of the Gumstix, a 20 mm by 100 mm board.
"We have once again pushed the limits of innovation," says Veena Rawat, President of CRC. "By partnering with DSO Laboratories we have demonstrated the feasibility of using the SCA specification to develop tiny radios. We have long proven SCA's applicability to military radios, but with this project we are making the technology applicable to many more products within the vehicular, robotics, and consumer industries."
The Gumstix Audio Pack includes an Intel XScale processor, an audio card for A/D and D/A functions, and an Ethernet port. An external RF unit has been developed by CRC's engineers to provide wireless access in the 150 and 460 MHz bands. All the SCA devices to control the processor, the audio card, and RF unit have also been developed to make the Gumstix Audio Pack a real SCA-ready transceiver. Using the SCA ArchitectTM modeling tool, the team easily converted an FM waveform to the SCA specification to provide communications with commercial radios.
"DSO is happy to have partnered with CRC on this new technological innovation," said Boon-Chong Ng, Head of Advanced Communications Laboratory at DSO National Laboratories. "We have gained new experience and insight into the potential of the SCA to operate in the embedded sector."
No shortcuts were taken in the software implementation for this small device. The SCA Core Framework used on the Gumstix platform is the same one being used and deployed for the military and commercial markets.
"The design decisions made by our technical team, led by Mr. Steve Bernier, have always been made to maximize performance and portability of both our SCARI++ Core Framework and of the waveforms generated from SCA Architect," says Dr. Rawat. "This has allowed us to support the widest range of operating environments and to become the first COTS Core Frameworks to be deployed in a high capacity military radio."
The SCARI Software Suite is available for multiple operating systems (Linux, VxWorks, Integrity, YellowDog, LynxOS, and soon DSP/Bios), ORBs (ORBexpress, TAO) and processors (x86, PowerPC, ARM, XScale) and has been integrated on multiple SCA-ready COTS platforms such as SDR-4000 from Spectrum Signal Processing, SFF-SCA-DP from Lyrtech, IDP-100 from ISR Technologies and SCA 2510 from Pentek.
|
Independent Analyst Firm Cites Open Text as a Leader in Enterprise Content Management
Comprehensive Report Evaluates Vendors' Strategies and Products Across
60 Criteria
CHICAGO - Open Text(TM) Corporation, a global leader in enterprise content management (ECM), announced that analyst firm Forrester Research, Inc. has named Open Text a Leader in The Forrester Wave(TM): Enterprise Content Management Suites, Q4 2007, published on November 9, 2007 and authored by Kyle McNabb with Connie Moore and Diana Levitt. Open Text was the only pure-play ECM software vendor to be named a leader of the 11 companies included in the study.
Forrester's report takes a comprehensive look into the ECM space,
offering particular focus on key industry trends that directly affect the need
for ECM solutions within organizations. According to the report, "Developing a
strategy for enterprise content is tough enough for I&KM (Information and
knowledge management) pros who have to prioritize IT consolidation needs,
content risk concerns, and the transactional, business, and persuasive content
needs of the enterprise."
Open Text's ECM strategy and offering was evaluated against approximately
60 criteria. In a summary, the report states that: "Open Text Livelink ECM
shows great breadth and depth, with strong scoring in core ECM capabilities -
document imaging, document management, records management, and content
archiving - plus good support for web content management and digital asset
management...Livelink ECM provides good business process management,
enterprise search, email archiving, and collaboration technology to help make
it an ECM suites Leader."
Additionally, the report states that, "Open Text's combination of core
ECM capabilities, including content integration and email archiving technology
make it a good choice for enterprises wanting to archive and retain their
content. Open Text created additional integration with Microsoft Office
SharePoint Server to tackle the content archiving and retention needs of
enterprises wanting to deploy SharePoint to their employees. And Open Text has
a substantial portfolio addressing the document management and archival needs
manufacturers have with their SAP implementations."
"Our strategy of delivering an integrated product offering with strong
ties to the IT ecosystem including Microsoft, SAP and Oracle is providing
great ROI for our customers," said Kirk Roberts, President, Livelink ECM
Division at Open Text. "It is the unique combination of a leading product set
along with unparalleled expertise on exploiting the value of business content
that continues to separate us from our peers. We are pleased to see
recognition of our status in the Forrester Wave."
Continued Industry Recognition
Forrester's recognition follows Open Text's positioning in the Leaders
Quadrant in Gartner, Inc.'s most recent Magic* Quadrant for Enterprise Content
Management, 2007, co-authored by Karen Shegda, et al, which was released in
September. Open Text was also recognized as one of the Companies that Matter
most in the digital content industry in EContent Magazine's just-released
EContent 100 list.
|
Google Critics Miss the Mark on Ad Deal
Buyout of DoubleClick Would Offer Benefits to Consumers
Washington, D.C. Google’s proposed acquisition of online advertising firm DoubleClick was criticized this week by U.S. Senators and antitrust committee members Orrin Hatch (R-UT) and Herb Kohl (D-WI). Google is seeking to acquire DoubleClick to enhance its advertising business, but Kohl and Hatch contend that the purchase will threaten competition.
The following is a statement on opposition to the Google DoubleClick deal by Cord Blomquist, Technology Policy Analyst at the Competitive Enterprise Institute:
“Kohl and Hatch overlook the merger’s benefits to consumers. A Google-DoubleClick merger would offer a vastly improved product to content-driven websites. One of the greatest challenges on the web is generating ad clicks, which are a crucial revenue source. With individualized information, Google-DoubleClick would be able to deliver tailored ads, better informing consumers of products they might actually purchase and giving fledgling websites a shot at establishing a strong online presence.
“The Senators’ concerns about market consolidation are unfounded. They depict the web advertising market as staticyet the last decade has shown the dynamic nature of Internet commerce. The history of the Internet is littered with former giants like AOL, AltaVista, and Lycos that lost significant market share or went bust because they couldn’t keep innovating. The real competition to Google-DoubleClick may not even exist yetGoogle itself was a grad student science project a decade ago. Startups can grow exponentially in a short time on the web. Facebook, a $10-billion gorilla today, didn’t even exist four years ago. Established advertising powerhouses like Microsoft and Yahoo also pose a threat to Google in the marketplace. Both have recently bought ‘ad serving’ companies in anticipation of competing with Google.
“The efficiency of the free market is nowhere more evident than on the Web, where creativity matters far more than market leverage. Government intervention would undermine this innovative spirit, just as antitrust prosecutions against Microsoft retarded the pace of progress. If federal regulators reject the proposed Google acquisition, Internet users will be the ultimate victims.”
|
CHRISTIE APPOINTS ZORAN VESELIC VICE PRESIDENT, VISUAL ENVIRONMENTS GROUP
Accelerates Product Development and Innovation, Establishing Dominance in Emerging Markets Worldwide
WATERLOO REGION - Christie, a global leader in visual solutions for business, entertainment and industry, has announced the appointment of industry veteran Zoran Veselic to vice president, Visual Environments Group. A driving force behind Christie's world-class reputation for product excellence during his 13 years with the company, Veselic's new role reflects Christie's increased commitment to strengthening its product lines and solutions, accelerating innovation in advanced visualization/3D, simulation, and control rooms, and developing global strategies to increase penetration into emerging markets worldwide.
Veselic brings extensive knowledge of Christie product lines and diverse customer base, most recently as vice president of global quality. He is widely recognized for a customer-centric approach to business that has contributed to Christie's reputation for delivering quality, award-winning products and solutions backed by an unprecedented level of customer support. Working on several fronts, he will set market strategies and create new product and solution roadmaps for simulation, advanced visualization/3D, and control room customers globally. Veselic and his team will help drive Christie's system integration and fulfillment of complex visualization solutions and accelerate product development cycles to ensure a continuous influx of new products that leapfrog the competition.
"Zoran is responsible for some of Christie's major developments in a wide range of markets. For example, he helped introduce the renowned 'Roadie' series of powerful DLP(r) projectors that revolutionized the fixed installation and rental/staging markets," notes Gerry Remers, president and COO, Christie Digital Systems Canada, Inc. "As Christie's international initiatives continue to accelerate, and our company achieves new industry milestones, Zoran will be an integral part of our continued success aggressively pursuing new opportunities and establishing our leadership worldwide."
"As the leader in visual display solutions, Christie introduced the world's first purpose-built DLP projection products and solutions for 3D/virtual reality, simulation, and control rooms," observed Veselic. "I am proud to be part of a team of world-class experts who consistently deliver the most innovative systems and solutions for visual environments."
Veselic notes that in recent years Christie has taken the leadership as a system provider and integrator of complex visual displays, including multi-sided, immersive environments. Christie's TotalVIEW(tm) solutions have ushered in a new age of sophistication for medical, education, oil and gas exploration, and entertainment applications, as well applications in the manufacturing and government sectors.
|
Survey Says 62 Percent of Companies Believe Missing Computers Go Unnoticed; Consumers Fear Identity Theft
Company Surveys Corporate and Consumer Customers
VANCOUVER - Absolute(R) Software Corporation recently polled its customers about their attitudes toward computer and data security. Absolute surveyed two groups: corporate customers of Absolute's Computrace(R) solutions and customers that had purchased Computrace(R) LoJack(R) for Laptops, Absolute's computer tracking and recovery solution for consumers.
"Consumers, as well as corporations, need to have a multi-layered
approach to computer and data security," says John Livingston, chairman and
CEO of Absolute Software. "Most of us store personal information, banking
records, credit card information, passwords and other sensitive data that
could be used to harm us if it falls into the wrong hands. For businesses, a
lost or stolen computer can lead to the intense media scrutiny associated with
a data breach. Consumers who experience the loss of a computer may be at
increased risk for identity theft and often lose irreplaceable photos, records
and music collections."
Absolute's survey of its consumer customers had 1842 qualified
respondents while 402 companies responded to the corporate survey. A summary
of each can be found below. For additional results from both surveys, please
visit:
http://www.absolute.com/resources/computer-theft-statistics-complete-survey.as
p
Corporations Fear Data Breach: Corporate Survey Highlights:
-----------------------------------------------------------
Corporations should be fearful of a data breach. By their own estimates,
16% believe a significant breach can cost $1 million dollars or more, 20%
believe it can cost close to $100,000 and 22% believe it will cost nearly
$10,000. More than half of companies (62%) surveyed believe that historically,
computers have been lost or stolen that no one is even aware of.
Corporate customers leverage Computrace to recover missing computers
(82%) and deter theft (73%). In addition, 8 out of 10 (83%) companies said
they are better able to manage their computer assets with Computrace.
One in five (20%) companies reported experiencing a data breach in the
past and believe that the majority (61%) of data breaches are perpetrated by
internal employees. However, one in five (20%) also believe that sensitive
data has been breached that no one in the company is aware of. What kind of
data is being exposed? 39% have had confidential business information lost,
22% have had employee information breached, 22% have had customer information
misplaced and 16% have had Social Security numbers stolen.
Consumers are Concerned About Identity Theft: Consumer Survey Highlights:
-------------------------------------------------------------------------
Absolute's consumer survey found that one in five (20%) people knew of a
friend, family member or co-worker that had their computer lost or stolen.
Approximately one in 10 (8%) reported having their own personal or work
computer lost or stolen.
The majority (62%) of consumers had spent between $1000-$2000 on their
computer. One-fourth (25%) spent between $2000-$3000 and approximately one in
10 (7%) spent more than $3000. Although the vast majority (84%) of consumers
purchased Computrace LoJack for Laptops to recover their computer if it is
lost or stolen, one-fourth (25%) made the purchase to prevent identity theft.
Consumers are concerned about more than the cost of the hardware when a
computer is lost or stolen. Their top four concerns (in order of diminishing
importance) are losing their computer, having someone steal their identity,
losing files/data and having unauthorized persons access their files.
Consumers are taking steps to protect themselves but lag behind
corporations in their approach to computer security. Although all the
participants in this study are currently using asset tracking and recovery
solutions from Absolute Software, many are not implementing the most basic
forms of protection; 7% are not using anti-virus software; 16% do not have a
firewall; 46% are not backing up their data; 69% are not password-protecting
files; 72% do not use any form of cable lock to prevent theft; and more than
80% do not use any type of encryption or authentication software.
99% percent of consumer customers would recommend LoJack for Laptops to a
friend.
How Computrace Works
When a Computrace-equipped computer is reported stolen, the embedded
Computrace agent sends a silent signal to Absolute's Monitoring Center
providing critical location information. Absolute then works with local law
enforcement to recover the computer, and, if necessary, assists with search
warrant applications and subpoenas to ISP's. The stealthy Computrace software
agent can survive accidental or deliberate attempts at removal or disablement.
With embedded support in the BIOS(1) firmware of a computer, the Computrace
agent is capable of surviving operating system re-installations, as well as
hard-drive reformats, replacements and re-imaging.
|
Exact Completes Acquisition of Longview Solutions
Delft, the Netherlands and Toronto, Canada - Exact Software has successfully completed the strategic acquisition of leading CPM Software provider Longview Solutions to enrich Exact's solution portfolio beyond traditional ERP.
On September 17, 2007 Exact Software, one of the world's leading providers of business software and Longview Solutions, a leading provider of corporate performance management (CPM) software, jointly announced the signing of an agreement for Exact to acquire Longview.
This strategic acquisition strengthens Exact's business empowerment solution portfolio by adding Longview's powerful CPM platform and accelerates Exact's expansion into the higher end of the mid-market. In turn, Longview benefits from Exact's financial strength and geographic footprint as it continues to deliver best-in-class CPM software and services to the enterprise market and further expands into the mid-market.
Reiteration of Guidance for 2007
For 2007 Exact has given a guidance of organic license revenue growth of 6-8% and an EBIT margin of at least 20% excluding acquisitions. Subject to finding the right acquisition targets Exact has given a guidance of annualized revenue of € 300 million by the end of 2007 and at least 20% EBIT margin. These acquisitions will be in line with its defined M&A strategy and will be funded by using current cash availability and if necessary, leverage on the balance sheet. Acquisitions may initially have a limited negative impact on the EBIT margin due to the required amortization of acquired customer bases under IFRS.
|
Apple Releases Final Cut Express 4
New Final Cut Express Features AVCHD Support and iMovie ‘08 Integration
CUPERTINO, California - Apple® released Final Cut® Express 4, a significant upgrade to its powerful video editing software based on Apple’s award-winning Final Cut Pro 6, with a new low price of $199. Final Cut Express 4 adds support for the latest AVCHD cameras, allows mixing of standard and high definition content on a single timeline, includes the ability to import iMovie® ‘08 projects, and gives users access to hundreds of sophisticated FxPlug cinematic effects and filters.
“Almost a million digital filmmakers have made Final Cut their editing application of choice,” said Rob Schoeben, Apple’s vice president of Applications Product Marketing. “With the introduction of Final Cut Express 4, Apple makes it easy for anyone to join the rapidly growing community of Final Cut editors worldwide.”
The new Open Format Timeline in Final Cut Express 4 allows users to mix and match DV, HDV and AVCHD material*, all in realtime using the same industry-leading editing and trimming tools found in Final Cut Pro. Supporting both 1080i and 720p HD resolutions, Final Cut Express 4 automatically performs the necessary scaling, cropping and frame rate adjustments. When starting projects from scratch, the new simplified setup automatically configures everything based on the first clip dropped on the Timeline.
Final Cut Express 4 makes it easy to import iMovie ‘08 projects and enhance them with advanced editing capabilities such as multiple layers of video and graphics, picture in picture effects and animated titles. It includes over 50 new FxPlug filters, including Soft Focus, Vignette and Light Rays, with hundreds more available from a rapidly expanding FxPlug developer community. With enhanced audio controls, users can automatically raise any clip to its maximum level without distortion using the new Soft Normalize and Gain controls. Final Cut Express 4 also features LiveType 2, which provides an intuitive environment for creating dynamic and fun animated titles and includes an extensive library of animated fonts, textures, templates and effects.
Pricing & Availability
Final Cut Express 4 is available immediately for a suggested retail price of $199 (US) through the Apple Store® (www.apple.com), Apple’s retail stores and Apple Authorized Resellers. Owners of previous versions of Final Cut Express can upgrade to Final Cut Express 4 for just $99 (US). Full system requirements and more information on Final Cut Express 4 can be found at www.apple.com/finalcutexpress.
|
ProElite, Inc. and LiveHive Systems Introduce Fantasy Fight Game to Mixed Martial Arts Fans
-- NanoGaming allows MMA fans to play alongside favorite fighters --
WATERLOO - LiveHive Systems today announced that it has signed an agreement with ProElite, Inc. to enhance the television and Internet viewing experience for fans of Mixed Martial Arts (MMA) by introducing the ProElite Fantasy Fight Game, a fun, interactive offering.
The ProElite Fantasy Fight Game debuts with the upcoming MMA fight being held in New Jersey on Saturday, November 17, 2007. In order to play, MMA fans must go to http://fantasy.proelite.com before the event begins at 10:00 p.m. EST/7:00 p.m. PST.
"This is a game that allows fans to experience the raw energy of MMA and interact with matches broadcast on television or ProElite.com," says Dave Bullock, President and Co-Founder of LiveHive Systems. "On ProElite.com, MMA fans can play alongside their favorite fighters by making predictions on what will happen next. They can also answer trivia questions and chat with other fans, and have the option of playing the game while watching the fight concurrently through a live video stream on ProElite.com, which is a first."
Kelly Perdew, President of ProElite.com, says partnering with LiveHive Systems gives ProElite.com members a high-quality, interactive experience that further connects them to this burgeoning sport.
"Our integration of the LiveHive NanoGaming platform further demonstrates our commitment to provide MMA fans with the highest quality entertainment every time they visit ProElite.com," Perdew said. "This will help build a community of fans around a variety of MMA events, not just one fight brand. Fans can chat and compete with each other, which makes the viewing experience far more engaging. The ProElite Fantasy Fight Game allows fans to become a part of the action."
Fans who play the game will be eligible for prizes based on accumulating points for accurate predictions
|
O2 and RIM Launch the New BlackBerry Pearl 8120 Smartphone in Germany
O2 Germany to offer enterprise customers the BlackBerry Pearl 8120 smartphone on a Business Systems tariff. The BlackBerry Pearl 8120 combines business-grade communications and multimedia functionality in a small and stylish smartphone
Munich, Germany and Waterloo, ON - O2 Germany and Research In Motion (RIM) introduced the new BlackBerry® Pearl 8120 smartphone in Germany. Research In Motion has teamed with O2 to provide enterprise customers with advanced mobile voice and data solutions and the new BlackBerry Pearl 8120 features a comprehensive suite of rich communications and multimedia features in an impressively small and stylish design.
New enhancements, like a 2 megapixel digital camera that can capture both video clips and still images, an externally accessible memory card slot, Wi-Fi® connectivity support and an improved visual interface add to the renowned BlackBerry® smartphone experience that encompasses email, phone, SMS, IM, MMS, web browsing, multimedia and organiser applications.
Users can quickly type messages thanks to the BlackBerry Pearl 8120 smartphone’s easy-to-use SureType® keyboard, which allows a narrower handset design while maintaining easy phone dialing and message typing in a familiar QWERTZ layout. The high resolution display provides clear and crisp viewing of video clips, pictures and web browsing.
The new BlackBerry Pearl 8120, which is available in a stylish blue finish, is another powerful addition to O2’s BlackBerry smartphone portfolio. It enhances the benefits of mobile communications and connectivity for both enterprises and individuals. The BlackBerry solution's ‘push-based’ technology allows email messages and other data to be automatically delivered to mobile workers, enabling smooth, timely and efficient communications that enhances personal productivity and improves workflow within the enterprise. The BlackBerry solution enables smooth, timely and efficient communications that maintains workflow within the enterprise.
|
NCR and NRT Announce Global Agreement to Serve the Gaming Industry
Units Running up to 1,000 Transactions a Day at Detroit's Greek Town Casino Benefit from NCR's Service and Uptime Capability
DAYTON, OHIO - NCR Corporation announced November 13, 2007, it has signed a global reseller agreement with NRT Technology Corporation, a leading provider of hardware and applications for the gaming industry, headquartered in Toronto. The partnership with NRT will provide NRT's worldwide casino and gaming industry customers the opportunity to select NRT's industry-leading QuickJack and QuickJack Plus systems, now integrated with NCR's Personas(TM) 77 automated teller machine (ATM) platform.
John Dominelli, president and chief operating officer for NRT, said, "It's all about giving our customers choices. We want to give our customers the option of selecting the hardware/software solution that best suits their needs. We were impressed with the NCR hardware, as well as the extensive service capability NCR brings to the table. We are very pleased to be able to offer NRT customers the choice to work with NCR, starting in Greektown and then as we move forward with additional casino customers in North America, Macau, Europe, Australia and South Asia."
NCR Chairman and Chief Executive Officer Bill Nuti, said, "This is an exciting time for NCR as we take steps to expand our current footprint, while building on the excellence and solid foundation we have in self-service and assisted-service technology innovation that empowers customer interactions. NCR already has a strong presence and experience within the gaming industry, from ATMs to hotel self-check-in and other ancillary services, so growing our presence within gaming delivery systems is a natural step."
The industry-leading NRT QuickJack automated dispensing systems include a secure ATM cash dispensing unit, a network monitoring system that monitors and provides alerts for proactive servicing and support, as well as a comprehensive BackOffice system for control and reporting. It allows for the redemption of slot tickets for cash, the redemption of player points, money exchange, cash withdrawal and breakage of bills into smaller denominations.
Following a successful pilot of the combined NCR and NRT technology, the new QuickJacks are now live at Greek Town Casino in Detroit, Michigan. Each unit at Greek Town performs up to 1,000 transactions per day, placing high demands on parts, service and uptime capabilities. These transaction volumes far exceed typical ATM usage, yet NCR's robust technology passed the usability, service and parts availability test.
|
Globalstar, Inc. Announces Results for Third Quarter of 2007
Quarterly Highlights Include Continued Subscriber Growth, Signing of Second-generation Constellation Launch Contract, Introduction of New Simplex Data Modem and Purchase of Additional Ground Station Appliques to Expand Simplex Data Network
Post-quarter Activities Include Receipt of FCC Notice (NPRM) for ATC Authority, an Agreement With Open Range Communications, Initial Shipping of SPOT Satellite Messenger, Launch of Four Spare Satellites, and Expansion Into West Africa
MILPITAS, Calif. - Globalstar, Inc., a provider of mobile satellite voice and data services to businesses, government and individuals, today announced its financial and operational results for the three and nine months ended September 30, 2007.
"Our third quarter was highlighted by signing an agreement with Arianespace for the launch of our second-generation satellite constellation, thereby completing the last major contractual step necessary to securing our long-term space segment," said Jay Monroe, Chairman and CEO of Globalstar, Inc. "The successful 2007 launches of eight Globalstar satellites not only augment our current constellation but are fully inter-operable with our second-generation constellation scheduled to be deployed beginning in 2009. This contract provides us with the flexibility to support early satellite launches consistent with the accelerated delivery schedule of our second-generation satellite manufacturer, Thales Alenia Space."
Mr. Monroe added, "As demonstrated by the third quarter introduction of the Tracer 3 Simplex data modem by Guardian Mobility as well as the more recent announcement of Numerex Orbit One's SX-1, the world's smallest satellite asset tracking modem, Globalstar integrators continue to introduce new and innovative Simplex data products to the growing marketplace. During the third quarter we also signed an agreement with AeroAstro to purchase four Simplex data appliques, which provide us with the ability to continue geographically expanding our network into areas not currently served."
Mr. Monroe stated, "Throughout the third quarter, Globalstar's wholly owned subsidiary Spot Inc. continued to prepare for the November 1st ship date of our advanced satellite product known as the SPOT(tm) Satellite Messenger. Many retailers, media and outdoor enthusiasts who were introduced to this affordable consumer-oriented and innovative handheld personal safety device have reacted to SPOT with enthusiasm. SPOT allows users to send their GPS coordinates and selected messages to notify friends and family of their location and status, and to send for emergency assistance in time of need."
"Since the conclusion of the quarter, a number of compelling events have taken place which have advanced Globalstar's ATC opportunity, Simplex data and international strategy initiatives," said Mr. Monroe. "Late last week the FCC released an NPRM proposing the expansion of Globalstar's ATC authority to 19.275 MHz of its licensed spectrum. Globalstar is today announcing an agreement with Open Range Communications permitting Open Range to deploy high-speed wireless broadband service in select rural American markets under Globalstar's ATC authority. The SPOT satellite messenger began shipping to retail locations across the United States on November 1st. An agreement was signed with GlobalTouch West Africa to provide service to Nigeria and the surrounding portion of West Africa. Finally we successfully orbited four additional spare satellites on October 21. We will provide further details regarding these accomplishments during our earnings call later this afternoon."
In early November 2007, Thermo Funding Company completed its purchase of an aggregate of $200 million of Globalstar common stock pursuant to its standby stock purchase agreement. On November 7, Thermo Funding Company agreed to assume by December 17, 2007 all of the obligations of the lenders under Globalstar's credit agreement. Mr. Monroe said, "We expect to amend certain of the financial covenants in the credit agreement to ensure that Globalstar will have access to the entire $150 million credit facility and provide Globalstar with the ability to draw the funds as and when required. By agreeing to assume the lenders' commitments, Thermo is again demonstrating our continued belief in Globalstar's future."
Company Highlights in Q3 2007 Included:
-- Second-Generation Constellation and Current Space Segment:
- In early September Globalstar announced it had signed a launch agreement with Arianespace for the launch of Globalstar's second-generation LEO (low earth orbit) satellite constellation. The agreement provides Globalstar with the ability to conduct launch campaigns for its second-generation satellites from either Arianespace's Guiana Space Center located in French Guiana or the Baikonur Cosmodrome in Kazakhstan.
-- International Expansion of Satellite Coverage:
- In September Globalstar announced it had signed an agreement with the Radyne Corporation business unit AeroAstro to purchase four AeroAstro Appliques to further expand Globalstar's geographic coverage and grow its Simplex data customer capacity in Asia and Latin America.
-- Simplex Data Products and Services:
- In July Globalstar announced that Simplex data integrator Guardian Mobility Corporation had introduced a new group of satellite data modems known as the Tracer 3 Product Family. The data modems are designed to communicate via the Globalstar Simplex network, and are capable of providing data monitoring and GPS-based asset tracking information to customers from remote regions. The Tracer 3 Product Family joins Guardian Mobility's suite of Simplex data products, which includes the company's Skytrax Family of general aviation automated flight following solutions.
Mr. Monroe stated, "Throughout the third quarter Globalstar continued to increase its subscribers. We ended the quarter with 285,268 subscribers, a net increase of about 30,000 from those we had at the end of the third quarter last year. The quarterly increase of approximately 7,600 net subscribers enables us to maintain our position as North America's market share leader and most widely used satellite service provider. We have been able to accomplish this through aggressive marketing and pricing of our two-way products and services which use our S-band even as our first-generation constellation ages, and the introduction of Simplex products which use only our L-band."
Service Revenue for the third quarter of 2007 was $21.3 million compared to $27.6 million during the same period of 2006. During the third quarter of 2007 Globalstar recorded an operating loss of $0.3 million, and Adjusted EBITDA of $7.8 million compared to operating income of $8.8 million and Adjusted EBITDA of $10.1 million during the same period in 2006. Net income for the third quarter of 2007 was $0.7 million compared to $2.7 million in the same period of 2006. These decreases were due primarily to lower retail ARPU (average revenue per unit) related to the introduction of unlimited satellite airtime price plans and lower equipment sales. (For details concerning Adjusted EBITDA, please see the chart titled "Definition of Terms and Reconciliation of Non-GAAP Financial Measures" found later in this release.)
Service Revenue for the first nine months of 2007 was $58.7 million compared to $69.9 million during the same period of 2006. During the first nine months of 2007 Globalstar recorded an operating loss of $16.8 million and Adjusted EBITDA of $18.0 million compared to operating income of $14.5 million and Adjusted EBITDA of $23.8 million during the same period of 2006. Net loss for the first nine months of 2007 was $11.6 million compared to net income of $24.4 million in the same period of 2006. Results for the nine months ended September 30, 2007 included a $17.3 million non-cash asset impairment related to our first-generation inventory compared to a $17.5 million tax deferred benefit was recognized during the same period in 2006.
Total revenue in the third quarter of 2007 was $25.7 million compared to $38.7 million during the same period in 2006. Total revenue in the first nine months of 2007 was $74.7 million compared to $107.4 million during the same period in 2006. This decrease is attributable in part to lower equipment sales and decreased ARPU compared to the same period last year.
Key financial performance measures (see the chart titled "Definition of Terms and Reconciliation of Non-GAAP Financial Measures" found later in this release) for the three and nine months ended September 30, 2007 were as follows:
* Gross additions during the third quarter of 2007 and the nine-month period ended September 30, 2007 were approximately 15,900 and 40,900, respectively, compared to approximately 22,600 and 69,900, respectively during the same periods in 2006.
* Net additions during the third quarter of 2007 and the nine-month period ended September 30, 2007 were approximately 7,600 and 22,500, respectively, compared to approximately 19,200 and 59,800, respectively, during the same periods in 2006.
|
Cyberplex Revenue Increases 280 Percent
TORONTO - Cyberplex Inc. announced its financial results for the third quarter ended September 30, 2007.
Revenue for the three month period ended September 30, 2007 was $4.72 million up 280% from the $1.24 million generated a year earlier and an increase of 6% from the $4.44 million recognized in the previous quarter. On an operational basis, the loss before amortization and interest income for the quarter was $145,000, after accounting for a foreign exchange loss of $210,000 and one-time non-recurring stock compensation expense of $103,000. This figure compares to a $114,000 operating loss for the same period a year earlier and a loss of $4,000 generated in the previous quarter.
Gross margin for the quarter was 41%, consistent with the 42% recorded in the previous quarter and the Company's top five clients accounted for approximately 30% of the quarterly revenue. The company finished the quarter with cash and cash equivalents of $1.27 million.
<< Exciting developments during the quarter included:
1. Completion of the acquisition of Eidenai Innovation Inc.
2. Addition of over 50 new advertising campaigns initiated through the affiliate network
3. Increase in backlog of over 100% for the services organization >>
As a result of the Eidenai acquisition, Cyberplex will benefit from the additional scale to the organization, the new client relationships that can be developed and the synergies that will result from combining the two organizations. These benefits, combined with the Company's proprietary advertising platform, which focuses on performance based customer acquisition, will create a mutually reinforcing value proposition as the Company continues its aggressive growth strategy and continues to bring strategic offerings to its clients.
"We are very pleased with our performance this quarter and the overall growth for the first 3 quarters of 2007," said Geoffrey Rotstein, chief executive officer of Cyberplex. "Our increased investments in sales and marketing, the acquisition of Eidenai, and the momentum that we are experiencing in our advertising division, will pave the way for an exciting end to 2007 and into 2008."
Cyberplex Inc. (www.cyberplex.com) is a leading technology firm focused on providing web advertising solutions and on-line customer acquisition strategies, as well as application expertise and web-based solutions to its clients. The Company, through its subsidiaries, has developed a proprietary network of affiliates which combined with advertising relationships and teams of technology consultants and design, usability and solutions specialists, assist customers with all aspects of their web-based applications as they design, develop and promote solutions that deliver results. With over 12 years of experience serving Fortune 1000 clients including Thomson, Atlantic Lottery Corporation, Xerox, Advanced Micro Devices (AMD), and the Royal Bank of Canada, Cyberplex is frequently the firm of choice for business leaders looking for reliable solutions. Cyberplex serves clients across Canada and the US, and is headquartered in Toronto, Canada with offices in Arlington, Austin and Halifax.
|
Open Text's Genio Offering to Strengthen Content and Data Integration
Company Ramps Up Strategy as Customer Demand for Content and Data Integration Solutions Grows
Solutions Bridge Structured and Unstructured Information from Key Enterprise Systems
CHICAGO, IL - Open Text(TM) said that its Genio product line will play a significant role in a broader content and data integration strategy and suite of solutions. The focus on content and data integration are key as customers demand more powerful solutions to bridge islands of information and improve access for better decision making, so that customers can gain more value from information throughout the enterprise.
Open Text is committed to offering leading content and data integration solutions, with plans for a new version of Genio next month. But Genio will also figure prominently into Open Text's plans to strengthen content and data integration technologies into its broader ECM offering. Open Text has been expanding its portfolio of solutions to give customers more powerful ways to manage all business information across systems and departments in large organizations, most recently introducing Open Text Content Services (http://www.opentext.com/news/pr.html?id=1948) as part of this strategy.
Genio represents a new generation of content and data integration solutions that transform, cleanse, enrich and direct unstructured and structured information across the entire spectrum of decision support systems and corporate applications, spanning projects that include data warehouses, data marts, mainframe systems, ERP systems, CRM systems, and content management deployments. Genio's ability to exchange information between ERP systems fits well with Open Text's leadership in delivering ECM solutions that manage documents from systems such as SAP through business processes.
"Genio is a crucial application in our information management system," said David Mathieu, CIO of Andre, a trade name of the Vivarte Group, a leading European clothing and footwear retailer. "We are very pleased with the direction the product is taking under Open Text's leadership and look forward to the evolution of the product to better leverage its capabilities to address our content and data integration challenges."
Genio delivers a rich set of benefits that offers organizations significant and tangible return on investments. Genio was built on the foundation of four key principles of openness, flexibility, ease of use, and reusability, and decouples business processes from the complexity of the IT systems infrastructure, allowing organizations to better execute their agile business practices.
"The volume of data in companies today is exploding and organizations are in constant change with the demands of global competition," said Bill Forquer, Executive Vice President of Marketing at Open Text. "Companies need more powerful data integration tools that can help them quickly turn raw data into useful information. For over 10 years, some of the world's largest organizations have been leveraging Genio in mission critical applications. As market needs evolve to address the requirements of a more holistic approach to content and data integration, Genio will be in a leadership position to satisfy the most pressing challenges within these organizations."
Genio will be featured at the ITEC show, December 5-6, 2007 at the COBB Galleria Center in Atlanta, Georgia, where Open Text's Genio representatives will discuss best business practices for content and data integration. For more information visit: http://pages.crosstechmedia.com/WebSite/Index.aspx?C=70000087&S(equ al sign)50000092
|
What is The Next Big Question?
Three of the world’s leading thinkers ask three of the world’s biggest questions.
Toronto - To celebrate 25 years of achievement in advanced research, the Canadian Institute for Advanced Research (CIFAR) invites the people of Toronto to join a national conversation on The Next Big Question.
Three of the world’s best and brightest minds will make a case for why the question their research program investigates is The Next Big Question in advanced research.
Audience members will have an opportunity to join in the discussion and cast their vote for which question they think is the biggest and most pressing.
In the past year alone, CIFAR researchers have solved a decades-old mystery about the nature of superconductors, discovered the parts of chromosomes that contain genes linked to autism, confirmed the past existence of oceans on Mars and identified extremely powerful links between social contact and happiness.
They lead the world in fields as diverse as quantum computing, epigenetics, string theory, economics, microbial biology, climatology and much more.
Chaviva Hošek, CIFAR President and CEO, Richard Ivey, CIFAR Chairman are presenting CIFAR researchers.
CIFAR’s The Next Big Question National Tour
Toronto Public Forum
Attendance is FREE. Guests are asked to register at www.thenextbigquestion.ca
The presenting researchers are:
·Steve Scherer, Genetic Networks - How do our genes make us healthy and sick?
·Alex Haslam, Social Interactions, Identity and Well-Being - What makes people happy?
·Daniel Gottesman, Quantum Information Processing - How can we build a quantum computer?
Hart House, The Great Hall
University of Toronto
7 Hart House Circle, Toronto
Wednesday, November 14, 2007
4:30 p.m. 6:30 p.m.
(Doors open at 4 p.m.)
Created in 1982, the Canadian Institute for Advanced Research supports long-term, collaborative research projects involving top Canadian and international scholars. Through these programs, which address complex, multidisciplinary questions, CIAR transforms fields of study, fuels applied research and technological advance, and informs policy development at the provincial, national and international levels.
|
TECKNOLASER and LaserNetworksR leaders in printer supplies and service, join forces
~ LaserNetworksR acquires Quebec's TECKNOLASER and takes Reflexion toner national
OAKVILLE - LaserNetworksR, Canada's leading print solutions company is acquiring TECKNOLASER, Quebec's leading image consultant and winner of the Government of Quebec's 2005 Environmental Phoenix Award.
TECKNOLASER, is known for its success in the recovery, collection and re-use of printer, fax and photocopier cartridges. Its methods enable over 85 per cent of the original cartridge components to be re-used in the remanufacturing process. The remaining 15 per cent is sorted and forwarded to other recycling firms.
LaserNetworksR will be rebranding its toner under the Reflexion label and through their distribution network will expand its industry leading, environmentally friendly toner products across Canada and the United States. An independent study by PE International shows that their refurbished toner cartridges reduce the carbon footprint by 75 per cent compared to new single use cartridges.
"Doing our part to ensure that we are being environmentally friendly has always been a number one priority of LaserNetworksR, says Chris Stoate, President of LaserNetworksR. "Acquiring TECKNOLASER is a natural fit."
LaserNetworksR revolutionary COST PER PAGER program of printing and imaging fleet management services, including printers, multi-function devices, supplies and/or service on a Pay as you PrintT basis, opens a myriad of opportunities for TECKNOLASER in Quebec.
For over 20 years, LaserNetworksR has been privately owned and operated by its founder Chris Stoate and has been Canada's leading print solutions company, providing print solution services, and products to virtually every sized company across Canada and continental USA including Fortune 500 companies, government agencies, major chartered banks, large law firms and virtually any customer whose demands require a local presence and central responsibility.
|
COM DEV and GateHouse Announce Alliance to Bring Space-Based AIS Data Services to Global Maritime Community
CAMBRIDGE, ON, NR. SUNDBY, Denmark, - COM DEV International Ltd. and GateHouse A/S of Aalborg, Denmark, announced November 12, 2007, the signing of a strategic alliance agreement to combine their respective skills and capabilities to enable COM DEV's space-based AIS (Automatic Identification System) data to be collected, stored, managed and displayed thus providing a global turnkey AIS solution for a range of user groups.
Global AIS coverage, which can be achieved from space, will extend the reach and utility of the existing AIS infrastructure. COM DEV is focused on developing an end to end system capability, which will support four key maritime areas - Search and Rescue, Environmental Monitoring and Protection, Vessel Traffic Management and Maritime Surveillance.
Current AIS solutions have limited physical coverage and generally, AIS ship to ship and ship to shore communications is restricted to 50 nautical miles. AIS coverage from space enables detection and collection of AIS data from a vessel at any point on the Earth.
GateHouse A/S is a world leader in application and analysis software for processing AIS data currently transmitted by over 68,000 ocean going ships. The company provides its renowned AIS systems to maritime authorities, governments and port authorities around the world and is working within the International Maritime Organization's (IMO) Long-Range Identification and Tracking (LRIT) Project. The firm also has expertise in satellite communication protocols and application software.
According to Michael Bondo Andersen, CEO of GateHouse, "GateHouse believes that AIS received from space is going to increase Maritime Domain Awareness significantly, increase maritime safety and security and, not least, improve global environmental protection. AIS from space will supplement other technologies such as shore-based AIS, LRIT and radar monitoring and enable the global community to reach a berth to berth vessel monitoring much similar to what has been common for air traffic management for many years. GateHouse is convinced that the professional and focused way COM DEV approaches the space-based AIS market combined with the expertise of GateHouse within AIS solutions and satellite communication, will provide new and existing possibilities for governments around the world. We look forward to working with COM DEV to achieve this."
Under the new Alliance Agreement, GateHouse will supply a complete software solution including display, archiving, historical reporting, user authentication, web access and other core AIS functionality along with hosting facilities for integrated data being produced by COM DEV's previously announced air and space demonstration programs. The global shipping view that will be created by the GateHouse software will be capable of being delivered to and integrated with other display systems as well. GateHouse's AIS Control and Monitoring Centre core is based on ghTrack(TM), which is a proven software platform for tracking, monitoring and control, used by a large number of coastal surveillance authorities worldwide.
GateHouse's capability provides the end-user link required to enable full use of the AIS data which is collected by COM DEV's space-based AIS payloads. The combination of global AIS data combined with the world's leading AIS data management system will provide solutions for a broad range of maritime applications.
As previously announced COM DEV is proceeding with aircraft and spacecraft trials to validate the advanced AIS capability which will enable global AIS coverage with a minimal number of spacecraft. Data from these trials will also be stored, managed and displayed using GateHouse software. COM DEV has received expressions of interest from a number of maritime agencies around the world to evaluate the system capabilities for potential operational use.
Space-based AIS is highly complementary to other systems being deployed around the world such as shore-based AIS base station deployments and the LRIT initiative being led by the International Maritime Organization.
The space-based system developed by COM DEV has the ability to manage the large numbers of vessels visible from space that use AIS. In addition, the system has the added ability to detect vessels which intentionally or unintentionally transmit erroneous data. To ensure data security and integrity, COM DEV's system approach ensures that all data is encrypted, and will only be available for controlled distribution to authorized users consistent with resolutions and policies established by the International Maritime Organization.
"Space-based collection of AIS data offers tremendous cost and performance advantages and complements existing and planned methods of monitoring marine traffic," said COM DEV CEO John Keating. "We are very pleased to be allied with GateHouse in this exciting new venture. Both COM DEV and GateHouse have been investing in complementary AIS-related technologies for several years. This alliance brings together two global leaders and enables us to provide a complete AIS solution that we believe has significant market potential. Over the next year we anticipate entering into additional partnerships and alliances with leading providers in the infrastructure and services area as we continue to build out the capability to deliver this global service solution."
|
Brooks Automation Appoints Kirk P. Pond to Its Board of Directors
CHELMSFORD, Mass. - Brooks Automation, Inc. announced that Kirk P. Pond, retired Chairman and CEO of Fairchild Semiconductor International, Inc., has been appointed to serve as a member of the Company's Board of Directors, effective immediately. Mr. Pond was elected to fill a vacancy created by the expansion of the Brooks Board from eight to nine members.
Joseph R. Martin, Chairman of the Brooks Board of Directors, stated that, "I am thrilled to have Kirk Pond join our Board. He is an icon in the semiconductor industry and will be an invaluable contributor to our Board and our Company."
Mr. Pond has a great depth of experience in the semiconductor industry, beginning with Texas Instruments, Inc. in 1968. From June 1996 until May 2005, Mr. Pond was the President and Chief Executive Officer of Fairchild Semiconductor International, Inc., one of the largest independent semiconductor companies. He served as the Chairman of Fairchild's Board of Directors from 1997 and until June 2006. Prior to Fairchild Semiconductor's separation from National Semiconductor, Mr. Pond had held several executive positions with National Semiconductor, including Executive Vice President and Chief Operating Officer. Mr. Pond served as a member of the Board of Directors of the Federal Reserve Bank of Boston from January 2004 until January 2007 and since 2005 has been a director of Wright Express Corporation, a leading provider of payment processing and information management services to the U.S. commercial and government vehicle fleet industry. Mr. Pond has also served on the advisory board of the University of Arkansas Engineering School since 1987. |
Indosat Launches Two New BlackBerry Smartphones
BlackBerry Curve 8300 Includes Advanced Multimedia Features; BlackBerry 8800 Includes a Powerful Navigation System
Jakarta, Indonesia - Indosat and Research In Motion (RIM) introduced the BlackBerry® Curve 8300 and the BlackBerry® 8800 smartphones in Indonesia, November 8, 2007.
The BlackBerry Curve 8300 is an innovative smartphone designed for customers who want a feature-rich multimedia phone with best-in-class mobile voice and data communication capabilities. It enables people on the move to make calls, send emails, surf the Internet, take and send photographs, listen to music, watch videos, access their organizer, and enjoy a range of other business and leisure applications.
The BlackBerry 8800 will feature i-gps*, a navigation application offered by Indosat that leverages the BlackBerry 8800 smartphone's built-in GPS to display the user's precise location and can provide directions to an address with turn-by-turn navigation. The i-gps application incorporates Garmin Mobile and is offered by Indosat in partnership with Garmin International, Inc. and PT Tele Atlas Indonesia.
“Our cooperation with RIM is part of our strategy and commitment to continuously enhance our service to customers,” said Mr. Guntur S. Siboro, Marketing Director at Indosat. “We are excited at the launch of these smartphones, as they are instrumental in providing the rich mobile experience that today’s mobile users are seeking.”
Another software application named i-stock will also be offered by Indosat and will be available to mobile users on both the BlackBerry 8800 and BlackBerry Curve 8300 smartphones. i-stock is a financial application that stems from Indosat’s partnership with PT Limas Centric Indonesia TBK. The application allows users to receive local stock market exchange information such as market summaries, active stock status, news and other financial information.
“We are pleased to be working with Indosat to introduce the BlackBerry Curve 8300 and the BlackBerry 8800 smartphones to Indosat customers in Indonesia,” said Mr. Norm Lo, Vice President, Asia Pacific, Research In Motion. “Our latest product offerings deliver an impressive combination of performance and design. The advanced multimedia features of the BlackBerry Curve and the built-in GPS with the BlackBerry 8800 add highly valuable dimensions to the user experience.”
The BlackBerry Curve 8300: Staying Connected to the People and Information that Matter Most
The BlackBerry Curve 8300 features a smooth and comfortable handset design. It offers exceptional email, messaging, browsing and phone features, along with advanced multimedia capabilities, a 2 megapixel camera, an easy-to-use QWERTY keyboard and RIM's intuitive trackball navigation system. It includes a microSD expansion memory slot that supports both microSD and microSDHC memory cards. Bluetooth® 2.0 support is also integrated for use with hands-free headsets, stereo headsets, car kits and other Bluetooth peripherals.
The BlackBerry 8800: Mapping Data, Turn-by-Turn Navigation Now in Indonesia
The new, elegant BlackBerry 8800 smartphone includes an easy-to-use QWERTY keyboard and a range of powerful capabilities including exceptional email, messaging, browsing and phone features, an advanced media player, a microSD expansion memory slot that supports both microSD and microSDHC memory cards, as well as built-in GPS, making it easy for users to find addresses, track locations and get both visual routes as well as step-by-step driving directions with i-gps.
Both of the BlackBerry smartphones feature a large, high-resolution display with light sensing technology to automatically adjust display and keyboard backlighting for different environments and a trackball that makes it easy for users to navigate applications.
The BlackBerry Curve 8300 and the BlackBerry 8800 will be available from Indosat in early November at a recommended retail price of IDR 6.2 million and IDR 6.6 million respectively (including VAT).
|
BlackBerry "Miracle Pen" comes to Canada
ANCASTER - First launched in the United Kingdom where it quickly gained popularity with business and consumers alike, the Digital Pen for Blackberry(R) makes its debut in Canada this month.
What puts the new pen light years ahead of the competition is a feature proven by its U.K. experience to save time, money, and aggravation. With a single tap of the pen, the notes you just wrote on paper are instantly transmitted to Blackberry. Available on the Blackberry screen in seconds, they appear as text that can be sent via fax or email, and viewed instantly on any computer in their original cursive script or in MS Word. Hand-drawn diagrams or sketches can be sent pen-to-computer through the Blackberry as well.
The pen is also unique on the basis of script recognition that is significantly more accurate than other digital pen products to date. With these and many more impressive features, Digital Pen for Blackberry appears certain to be a demand item for current or would-be Blackberry owners, says Canadian distributor Solutions Into Motion (SIM). Sales are over the internet and in select stores across Canada, as listed at www.solutionsintomotion.com.
The official launch of what some U.K. users dub the "Miracle Pen" took place last night, November 6, in New York City at "A Taste of Blackberry", a RIM media event showcasing new Blackberry applications. "Of more than 700 applications developed for the Blackberry, RIM selected only a handful," explains Vince Poloniato, President of SIM, an Ancaster, ON, firm that finds and promotes the best of new technology.
"The Digital Pen made the cut based on the powerful new communications capability it gives Blackberry users. It's a personal assistant that can save hundreds of hours of time, for less than $500 per year all costs in," says Poloniato. "It's ink for your BlackBerry and relief for tired fingers and thumbs"
Besides providing new freedom from texting and complaints of "Blackberry Thumb", the digital pen comes with a docking station for standard pen-to-computer data transmission. Award-winning Anoto software and special books of lined paper with an overlay of invisible dots help Digital Pen for Blackberry produce up to 40 percent more accurate handwritten character recognition compared to other digital pens. Data transmission is accomplished by tapping the pen on a "Smart Tab", a wafer-thin small plastic plate.
Since being introduced three years ago, the pen's versatility has won it a place in many businesses in the U.K. Hand-drawn pictures and diagrams can be captured for email; notes can be transmitted as text or else as script, which allows for signature capture. In particular, its use with forms has mushroomed, freeing public health nurses, inventory management staff, police, and many other professionals and organizations that use forms from having to head back to the office or sit down to the computer to input reports.
Priced at $439 with a special, limited-time $40 rebate for holiday giving, the Digital Pen for Blackberry(R) package includes Pen, 128-page digital notebook, replacement Ink, docking station with computer hookup, travel charger and SIM based subscription services for ICR licensing and hosting for one year. Subsequent annual subscription renewals are as low as $130. For more information, visit www.solutionsintomotion.com
For a media kits and more image choices, please visit www.solutionsintomotion.com/mediainfo
|
Many Canadian Companies Taking Advantage of Obtaining PR and Marketing in America on the Cheap as Canadian Dollar Soars Sky-High
BOCA RATON, FL - As the Canadian dollar soared into ground-breaking new territory against the U.S. dollar for the first time in history this week, many Canadian companies are ramping up the trend of outsourcing their public relations and marketing needs to U.S. public relations agencies and marketing firms. Boutique American-based PR agencies specializing in handling Canadian product launches are reaping the rewards of a weak U.S. dollar as they are flooded with new business inquiries from Canadian companies.
"I've never seen anything like this in the past two decades," states Ria Romano, Partner with Boca Raton, Florida-based RPR Public Relations, Inc. "Although our agency specializes in high tech and consumer product launches for international companies looking to move into America -- we always had to stand in line with the larger agencies to pitch a new Canadian client. Now we literally have potential international clients calling the office daily -- our Canadian new business inquiries from areas such as Vancouver, Toronto, Montreal, Halifax, Ottawa, St. John's and Calgary are up 50% in the past 30 days alone," concludes Romano.
Many Canadian companies recognize thatthe financial markets have a way of self-correcting -- and they are entering the U.S. market despite the presently weak U.S. dollar in anticipation of a potential self-correction down the road.
"As many of the top Canadian executives we speak to on a daily basis at both large and small companies know -- it's about positioning at this point," continues Romano. "The weak U.S. dollar gives them the opportunity to initiate public relations campaigns in the U.S. for their Canadian product or service quite inexpensively. Boutique agencies, such as RPR Public Relations, Inc., benefit because we are on average 60% less than our big PR agency counterparts in New York, Miami, Chicago and Los Angeles -- with better results. In addition, many U.S. end-user targets for these companies will buy out of need regardless of the strength of the dollar -- especially in the business-to-business arena. However, once self-correction takes place -- forward-thinking Canadian executives know -- they'll be extremely well positioned to seize substantial market share."
|
Toyota and Maplesoft enter a multi-year partnership to produce new tools for knowledge-rich physical modeling
Contract part of new product development process
Waterloo - Maplesoft, the leading provider of high-performance software tools for engineering, science, and mathematics today announced a multi-year contract with Toyota Motor Corporation, the world’s largest automobile company. The partnership will produce advanced physical modeling tools to help Toyota move to a new product development process called the Model-Based Development (MBD). Key features of the new process include Control System Design and Physical (“Plant”) Modeling based on a symbolic approach.
Toyota has been one of the earliest among industrial companies to embrace Model-Based Design, the concept of creating a computer-based model of a system to analyze, test, improve, and optimize the design before actually building the physical system. In the initial stages, this was used in the design, simulation, and implementation of control systems using tools from companies such as The MathWorks®. Toyota is now expanding its scope with the development of the new Model-Based Development process.
The goal of MBD is to improve time-to-market, quality, and reliability, while reducing cost. Physical modeling requires a symbolic approach to computations in order to accurately and efficiently represent real-world physical systems. Toyota has recognized Maple as an important part of this framework, providing the ideal mathematical environment for Physics-based modeling. Maple is an advanced software tool from Maplesoft that relies on a powerful computation engine to derive and solve complex sets of equations, simplify large sets of equations, develop advanced mathematical models, and create user-friendly technical applications.
“Mathematical environments such as Maple have many advantages,” said Jim Cooper, President and CEO of Maplesoft. “By describing the complex, acausal relationships of a physical model in a clear and efficient way, Maple enables simplification and optimization, taming the complexity of large models and reducing development and testing time. Furthermore, the Maple document environment makes solutions more readable and understandable, rendering knowledge capture and re-use simple and effective. We are delighted to partner with Toyota in this innovative venture.”
Tools developed by Maplesoft will provide the fundamental mathematical framework for physical modeling within the Model-Based Development throughout Toyota. All areas of engineering development such as engines, transmissions, suspensions, braking systems, climate control systems, and in-vehicle electronics stand to gain from the use of the new set of modeling tools.
Toyota is recognized worldwide for its innovative use of technology. “Model-Based Development will set new industry standards for the use of software tools and models in automotive systems development,” said Dr. Akira Ohata, Project General Manager of Toyota Motor Corporation. “Symbolic computation, pioneered by companies like Maplesoft, makes new design methods a reality today. Automotive companies like us will realize further improvements in cycle times, cost optimization, and smoother implementation of extremely complex systems.”
As part of the partnership, Maplesoft and Toyota are doing pioneering work in other yet-to-be-announced projects as well. The two companies are also leading a Physical Modeling Consortium, which brings together leaders in the automotive industry to share ideas and advance the development of Rapid Plant Modeling Methodology based on symbolic computation.
Maplesoft is the leading provider of high-performance software tools for engineering, science, and mathematics. Its product suite reflects the philosophy that given great tools, people can do great things. Maplesoft has transformed the way engineers, scientists, and mathematicians use math, enabling them to work better, faster, and smarter.
|
LaserNetworksr acquires Quebec's TECKNOLASER
Leaders in printer supplies and service join forces and take Reflexion toner national
Oakville - LaserNetworksr, Canada's leading print solutions company is acquiring TECKNOLASER, Quebec's leading image consultant and winner of the Government of Quebec's 2005 Environmental Phoenix Award.
TECKNOLASER, is known for its success in the recovery, collection and re-use of printer, fax and photocopier cartridges. Its methods enable over 85 per cent of the original cartridge components to be re-used in the remanufacturing process. The remaining 15 per cent is sorted and forwarded to other recycling firms.
LaserNetworksr will be rebranding its toner under the Reflexion label and through their distribution network will expand its industry leading, environmentally friendly toner products across Canada and the United States. An independent study by PE International shows that their refurbished toner cartridges reduce the carbon footprint by 75 per cent compared to new single use cartridges.
"Doing our part to ensure that we are being environmentally friendly has always been a number one priority of LaserNetworksr, says Chris Stoate, President of LaserNetworksr. "Acquiring TECKNOLASER is a natural fit."
LaserNetworksr revolutionary COST PER PAGEr program of printing and imaging fleet management services, including printers, multi-function devices, supplies and/or service on a Pay as you Print? basis, opens a myriad of opportunities for TECKNOLASER in Quebec.
For over 20 years, LaserNetworksr has been privately owned and operated by its founder Chris Stoate and has been Canada's leading print solutions company, providing print solution services, and products to virtually every sized company across Canada and continental USA including Fortune 500 companies, government agencies, major chartered banks, large law firms and virtually any customer whose demands require a local presence and central responsibility.
|
J.D. Power and Associates Reports: Customer Satisfaction with Wireless Service Providers and Wireless Phone Manufacturers in Canada Declines Significantly
Fido and Virgin Mobile Rank Highest in Satisfying Canadian Wireless Service Customers; Sony Ericsson Ranks Highest among Mobile Phones
TORONTO - Customer satisfaction with wireless service providers and phone manufacturers in Canada has decreased considerably since 2006, according to the J.D. Power and Associates 2007 Canadian Wireless Customer Satisfaction Study(SM) released November 7, 2007.
Now in its third year, the study examines perceptions of wireless customers with their service, mobile phone and retail experience. Rankings are provided for contract service and prepaid service providers as well as for mobile phone providers. Five factors are measured to determine customer satisfaction with contract service and prepaid service: call quality, billing, service plan options, cost of service and customer service. Mobile phone satisfaction is measured based on customer ratings of five factors: features, physical design, durability, battery and operation.
Overall customer satisfaction with contract service this year declines by 18 points, from an average of 675 on a 1,000-point scale in 2006 to 657 in 2007. In the prepaid service segment, overall customer satisfaction in 2007 averages 652, down from 666 in 2006, while overall satisfaction with mobile phones declines from an average of 714 in 2006 to 702 in 2007.
"Customer expectations are a moving target, and what works one year may not be enough to satisfy consumers the following year, which means that it is essential for wireless service providers and phone manufacturers to continually strive to find new ways to surprise and delight their customers," said Charles Schade, senior director of research at J.D. Power and Associates.
Contract Service Segment
For the first time since the inception of the study, national provider Fido ranks highest in customer satisfaction among contract service providers with an overall index score of 700. Fido performs particularly well in service plan options and cost of service. SaskTel and Aliant follow Fido in the rankings, achieving scores of 696 and 681, respectively. SaskTel performs well in the remaining factors that contribute to satisfaction in the contract service segment: call quality, billing, and customer service.
"Although an array of new service plan features, bundling options, and ways to reduce package prices have been made available in 2007, customers indicate that they are dissatisfied with the cost of these services," said Schade. "One reason for this may be the media attention that has increased the visibility of innovative service plan pricing in the United States, which the media contends is considerably lower than in Canada."
The study finds that resolution of problems in a timely manner gives wireless service providers an opportunity to improve on customer satisfaction. Among customers who say they contacted their provider to report a problem, those who report their issue was resolved in a timely manner provide overall satisfaction scores that are 171 points higher, on average, than do customers who say that their issues were not resolved in a reasonable time. In addition, scores of customers whose issues were resolved in a timely manner are also higher, on average, than those of customers who didn't contact their provider to report a problem. In other words, customers respond very positively to their wireless providers, even if they experience problems, as long as their issue is given immediate attention.
Prepaid Service Segment
Virgin Mobile (732) ranks highest among prepaid service providers for a third consecutive year, performing particularly well in service plan options, billing, call quality, and customer service. Following Virgin Mobile in the ranking are Telus Mobility (690) and PC Mobile (682), respectively. PC Mobile performs particularly well in the cost of service factor.
The study finds that the average monthly fee paid by contract customers is $67, compared with $25 for prepaid customers, which is primarily due to the fact that prepaid customers make considerably fewer calls per month (29, on average) compared with contract customers (who average 81 calls per month).
Mobile Phones Satisfaction
Sony Ericsson ranks highest among mobile phone brands with a score of 728, performing particularly well in features, physical design, battery, and operation. Sony Ericsson is followed in the rankings by BlackBerry (721) and Sanyo (713). BlackBerry performs well in the operation factor, while Sanyo performs particularly well in durability.
"The challenge for mobile phone manufacturers in 2007 has been a slowdown in the introduction of new features and concepts," said Schade. "For example, in 2006, the innovative designs of the Motorola Razr with super-slim design and the LG Chocolate were perceived by customers as being particularly new and exciting. With features such as cameras and MP3 players becoming mainstream, there have been very few novel breakthrough technologies in 2007 that managed to impress customers."
The 2007 Canadian Wireless Customer Satisfaction Study is based on responses from nearly 6,000 mobile phone users. Respondents were surveyed in September 2007.
|
Digging with Radio Frequency Identification - Ship2Save uses RFID to assist mining company CVRD Inco in monitoring ore excavation
Sudbury - Ship2Save, an industry leader in cost effective Radio Frequency Identification (RFID) solutions, has successfully deployed a raw material tracking system using RFID technology at CVRD Inco Stobie Mine.
The system, designed to track ore movement throughout its excavation process, provides granular and accurate data records that can be used to execute more informed production, maintenance, and process decisions. The technical deployment combines Avery Dennison Corporation Ultra-High Frequency (UHF) RFID tags, Motorola, Inc. mobile and fixed UHF readers, along with Ship2Save Inc. RFID Raw Material Tracking software.
"Environmental specifications, customer requirements, and radio frequency regulations demanded a systemic development approach to deliver a cost-effective and comprehensive solution for CVRD Inco Stobie Mine. Addressing business pain-points of this complexity requires an efficient partner channel that can bridge the expertise of multiple partners to deliver first-of-its-kind solutions. The CVRD Inco project brought together subject-matter experts from across multiple industries, including tag manufacturing, injection molding, RFID reader manufacturing, software development, and of course mining." Said Konrad Konarski, Director of Alliances at Ship2Save Inc.
Mark Palkovits, Senior Geological Technologist at CVRD Inco says: "Our sustaining objectives, here at the Stobie Mine facility are to leverage technology systems to improve our operations. The RFID system delivered by Ship2Save provides a unique ability to monitor ore throughout the extraction process. This system will allow us to better understand this process and make more timely decisions in this regard."
The integration required the careful analysis of the processes involved to blast, survey, excavate, and extract nickel. Ship2Save Inc. field engineers performed onsite field tests to assure both readability and structural integrity of the tags were maintained through various read points along these processes. They also performed various RF fingerprint analysis and tested various RFID antenna configurations to determine the optimal infrastructure setup.
"Ship2Save has been an important RFID partner for us and is continuing to make headway with innovative applications of our UHF RFID inlays and smart labels. The system deployed for CVRD Inco is a quintessential example of how this technology continues to deliver new, exciting, and innovative value to organizations worldwide." Comments Rick Bauer, Director of RFID Global Program Development at Avery Dennison.
The value behind the system lies in its ability to automatically collect information of ore movement throughout the entire extraction line. This information is recorded and provided to an application system that provides records to other parties and/or additional application systems within an organization. This real-time data can then be used to optimize ore processing. This can include proactively informing surface-level personnel of upcoming ore yield, location, and additional variables, allowing these personnel to make decisions based on current rather than forecasted information.
Sam Falsafi, Director of RFID Strategy & Business Development at Ship2Save, says "that this type of data streamlining is the future of industrial mobility solutions. We have RFID mobile devices working with a distributed application system, tracking mobile RFID tags, and providing real-time production data to anyone in the CVRD Inco organization. It is a scalable, flexible, and proficient architecture that allows for an unprecedented organizational value."
The system is currently deployed at CVRD Inco facility in Sudbury, Ontario where it monitors nickel extraction at the Stobie Mine, one of the several CVRD Inco mines in the Sudbury region. It collects process data 24/7 as field engineers monitor its day-to-day progress.
|
CORE Desktop Provides Waterford Public Library a Centralized Computing Solution
Milwaukee, WI - CORE Desktop has recently completed a public thin client computing solution for Waterford Public Library in the Village of Waterford, Wisconsin. Some of the services that CORE Desktop provided to make WPL computing system more effective was to re-image their Neoware thin client devices to create a standard Windows XPe environment, deploy a 2x Application Server to stream applications like Microsoft Office to the terminal desktops, reconfigure and standardize printing, and implement write filtering in order to protect the thin clients from changes, viruses, or malicious attacks.
CORE Desktop also deployed a solution enabling monitoring of print usage by clients, physical USB login to workstations to prevent unauthorized access and force proper logoff of computer users, and implementing a proxy solution to track Internet and file usage.
Waterford Public Library has been very pleased since CORE Desktop assumed responsibility for the implementation of the Public Access Terminal Server and the accompanying thin-client workstations. We feel that this arrangement has been beneficial to both the library and our patrons,"; stated Andrea DeGroat, Waterford Public Library Technical Director.
|
Google in your pocket
London Telegraph - Claudine Beaumont
What does the search giant's new Android operating system mean for mobile phone users? Claudine Beaumont investigates.
It was one of the biggest non-announcements in technology history. Despite swirling rumours that Google were about to launch a mobile phone handset to take on Apple’s iPhone and shake-up the mobile space, it instead unveiled sketchy details of a new mobile operating system.
Eric Schmidt is promising a 'full-power browser'
Android, as Google’s new venture is known, is a partnership between the search giant and a slew of handset manufacturers including HTC and Samsung designed to fundamentally change the way we access the internet on our mobile phones.
Despite an hour-long conference call with technology bloggers and journalists, details about Android and the wider functions of the newly formed Open Handset Alliance were sketchy, but broadly speaking, Google’s plan is good news for consumers.
Android is based on open-source Linux code, which means that developers will be able to write third-party programs to work with the phone and enhance its functionality.
Google hopes that by allowing a wide number of handset makers to use the operating system for free, we will see an increase in cheaper phones, and greater innovation in terms of what mobile devices can do.
advertisement
The holy grail for all mobile phone operators is to develop a handset that can bring the desktop computing experience to the mobile. Apple has gone some way towards achieving that with the iPhone, using a stripped-down version of its OS X operating system to power the device, and providing users with a full Safari web browser to enable them to surf the internet on their iPhone as they would on a laptop. That is plainly Google’s ambition too.
Eric Schmidt, Google’s chief executive, said that Android would bring a “full-power browser” to mobile handsets. Beyond that, Google’s announcement was light on facts.
We won’t have a better idea of what Android is capable of until next week at the earliest, when the software development kit is released, but Andy Rubin, Google’s director of mobile platforms said: “We hope Android will be the foundation for many new phones and will create an entirely new mobile experience for users, with new applications and new capabilities we can’t imagine today.”
Until then, it’s impossible to say whether Android will have the likes of Microsoft, Symbian, Apple, and Research in Motion all big players in the mobile operating system market lying awake at night, worrying about their businesses.
But, as Google were keen to stress, the alliance is open to anyone who wants to join, and Schmidt was diplomatic about what kind of competition the venture would present to these established firms. The focus was very much on innovation and development, of treading their own path rather than trying to encroach on other people’s territory.
So what kind of things might we see on phones running Android? Well, Rubin promised that Android could run mobile programs on a par with desktop applications, and that there was the potential to develop location-based services (such as user reviews of nearby restaurants or bars) and social-networking functions.
It’s likely that the platform will be both endlessly flexible to third-party developers and offer consumers a level of customisation and personalisation that suits their needs.
Schmidt himself said that “there will be many mobile experiences”. The danger is that introducing yet another, competing platform into the mobile space could actually fragment the market further, and stretch the resources of third-party developers who will need to adapt their products for another new service.
But if anyone can pull together disparate mobile companies, handset makers, component manufacturers and software writers, it’s Google.
Any technology that disrupts a market and encourages competitors to raise their game can only mean good things for consumers.
|
iPhone on Sale This Friday Night at Apple, O2 and Carphone Warehouse Retail Stores in the UK
LONDONApple’s revolutionary iPhone will go on sale this Friday, November 9 at 6:02 p.m. at Apple®, O2 and Carphone Warehouse retail and online stores. iPhones will be available at more than 1,300 Apple, O2 and Carphone Warehouse retail locations across the UK, giving customers their first chance to get their hands on this revolutionary new product. iPhone combines three devices into onea mobile phone, a widescreen iPod®, and a breakthrough Internet deviceall based on Apple’s revolutionary multi-touch interface and pioneering software that allows users to control iPhone with just a tap, flick or pinch of their fingers.
“We can’t wait for our customers to get their hands on the iPhone this Friday night,” said Ron Johnson, Apple’s senior vice president of Retail. “Every Apple retail store will offer support for iPhone at the legendary Genius Bar, and beginning Saturday morning you can learn how to get the most out of your new iPhone by attending a free workshop or scheduling a personal training session through our popular One-to-One program.”
“O2 stores are fully geared up for what will be the year’s biggest product launch,” said Mark Stansfeld, O2’s sales director. “We’ve hired and trained hundreds of new iPhone specialists who will be in all 450 O2 stores giving live demos and showing customers how to get the most out of their iPhone.”
iPhone users in the UK will be able to activate their new iPhones using Apple’s popular iTunes® software running on a PC or Mac® in the comfort and privacy of their own home or office, without having to wait in a store while their phone is activated. Activating iPhone takes only minutes as iTunes guides the user through simple steps to choose their tariff and activate their iPhone. Once iPhone is activated, users can then easily sync all of their phone numbers and other contact information, calendars, email accounts, web browser bookmarks, music, photos, podcasts and TV shows just like they do when they sync their iPods with iTunes.
Pricing & Availability
iPhone will be sold exclusively in the UK through Apple, O2 and Carphone Warehouse’s retail and online stores for £269 (inc VAT) with 8GB of storage and will work with either a PC or Mac. All Apple, O2 and Carphone Warehouse retail locations will allow customers to purchase up to two iPhones per person on a first come, first served basis. iPhone requires a new 18-month contract with O2.
|
DALSA Receives Contract for Digital Radiography
Waterloo - DALSA Corporation, announced November 5, 2007 that it has received a major contract to develop and deliver custom CMOS image sensors to a leading European digital radiography equipment manufacturer.
The DALSA-designed image sensors will be “the eyes” of the customer’s digital radiography system, which uses high performance digital imaging technology to replace traditional film in a growing range of radiography imaging applications. The image sensors will be supplied in multiple configurations, depending on the specific requirements of each target application.
The contract spans development and production activities over the next four years. The customer has agreed to purchase a significant follow-on volume of sensors within a specific time frame following the successful completion of the development phase. The total contract is valued at approximately CDN $9.0 million.
“We are extremely pleased to work with our customer to deliver the next generation sensors for digital radiography,” commented Brian Doody, CEO of DALSA Corporation. “This contract reflects DALSA’s strong commitment to delivering the industry’s highest performance digital imaging solutions, both CMOS and CCD, and our ability to meet the demanding needs of the world’s leading life science equipment manufacturers.”
|
RIM Launches BlackBerry Professional Software, A New Wireless Solution for Small and Medium Businesses
Delivers Enterprise-Grade Security and Controls in a Streamlined and Affordable Package Optimized for Smaller Organizations with Deployments of up to 30 Wireless Users
Waterloo, ON - Research In Motion (RIM) announced the immediate availability of BlackBerry® Professional Software - a new wireless communications and collaboration solution that tightly integrates with the industry leading email servers and is specifically designed and priced to meet the needs of small and medium-sized businesses. BlackBerry Professional Software is based on the core functionality of the best-in-class BlackBerry® Enterprise Server software used by governments and large organizations worldwide, but it is streamlined and tailored to meet the needs of smaller organizations with up to 30 wireless users. BlackBerry Professional Software is priced at $499 for 5 users.
BlackBerry Professional Software enables small and medium-sized businesses to enhance communications and collaboration with an enterprise-grade mobility solution allowing user-friendly wireless access to email, organizer, Internet and intranet applications with advanced security while addressing the desirefor an in-house solution that is affordable, simple to install and easy to manage.
"Small and medium-sized organizations have many of the same business requirements for a mobility solution as compared with larger enterprises, but they often require more streamlined administration features," said Carrie MacGillivray, Senior Analyst, SMB Markets: Mobility, IDC. "It has become increasingly important for smaller companies to be able to easily and cost-effectively deploy and manage mobile technology solutions in order to remain competitive and responsive to customers. An offer that combines a mobility solution with enterprise grade middleware, and an intuitive user interface, will resonate with this increasingly mobile segment."
Key features and benefits of BlackBerry Professional Software include:
Small IT Footprint Installs on the same server as the email system, saving customers the cost of additional hardware and operating system licenses.
Support for the Leading Email Systems Provides tight integration with Microsoft® Exchange or IBM® Lotus® Domino®, allowing a full complement of synchronized wireless services including access to email, calendar, contacts, notes and tasks.
Simple Installation A Pre-install Assistant utility performs a technical assessment of the environment and provides a recommended configuration making installation fast and easy with little or no requirement to determine configuration settings.
Easy Management Simplified BlackBerry Manager Interface is a one-stop location for most management tasks, and wizards and quick-links enable customers to easily change common functions such as adding or deleting a user. IT policies are also easy to set up with pre-defined IT policy templates.
Advanced Security Utilizes the same certified security architecture and encryption system of the BlackBerry® Enterprise Server, which is trusted and accredited by more organizations around the world than any other wireless solution.
BlackBerry® MDS (Mobile Data System) Support Provides customers with the ability to extend internal applications to mobile employees and use any of the thousands of third party applications developed for the BlackBerry platform.
“Productivity and flexibility are obviously important for small and medium-sized businesses and we know that the majority of these businesses are interested in a wireless solution, but many have been waiting for a server product that can afford greater IT simplicity while still allowing a superior quality of experience for users. We specifically designed BlackBerry Professional Software to provide a more simplified and affordable solution for small and medium-sized businesses, while maintaining industry leading performance, security and control,” said Mike Lazaridis, President and Co-CEO at Research In Motion.
Pricing, Upgrading & How To Buy
BlackBerry Professional Software is priced at $499 USD (MSRP) for 5 users and $849 USD (MSRP) for 10 users. Either package can be expanded to support up to 30 wireless users with the purchase of additional standard Client Access Licenses (CALs). BlackBerry Professional Software can also be easily upgraded to BlackBerry Enterprise Server. BlackBerry Professional Software is available in multiple languages (English, French, Italian, German and Spanish) and can be purchased via electronic software download from www.blackberry.com/professional.
|
Saudi Arabia's National Commercial Bank selects dna13 to provide advanced PR management solution
Media Watch Middle East also joins dna13 growing content provider list
OTTAWA - dna13, a provider of on-demand communications and stakeholder management software, today announced that The National Commercial Bank in the Kingdom of Saudi Arabia has selected dnaEnteprise(TM) to manage, monitor and measure their media outreach, reputation and brand through dna13's web-based, topic-centric, public relations application.
The National Commercial Bank is the latest financial services company to join the growing list of banking customers using dna13 software. Based in Jeddah, The National Commercial Bank is the most prominent of Saudi banks and was the first bank established in Saudi Arabia in 1953. By the end of 2006 it operated 260 branches throughout the Kingdom, two international branches in Beirut and Bahrain and three representative offices in London, Seoul and Singapore, dedicated exclusively to providing Islamic Banking services. With $41.5 Billion U.S. in assets, it serves more than 1.7 million clients and provides approximately 110 ATMs and 8,200 Point of Sale Terminals.
"As the largest bank in Saudi Arabia and with the largest customer base of all financial institutions in the Kingdom, brand management is of the utmost importance to our organization," said Chet Galpin, Chief Marketing Officer of the National Commercial Bank. "We chose dna13 because of its unique approach to managing campaigns and issues and its ability to let us monitor existing news feeds we license from Media Watch Middle East."
Media Watch Middle East joins dna13's comprehensive news content provider list that also includes Thomson Corporation, LexisNexis, BurrellsLuce, PR Newswire and Moreover Technologies. Media Watch Middle East is one of the largest media monitoring and analysis services spanning 27 countries including the Middle East, the Levant, Africa and the Indian Sub Continent, as well as regional offices in Dubai, Cairo, Beirut, Amman, Baghdad and Mumbai. It serves clients in 89 lines of business, political and social reporting, allowing it to build an archive with more than 1.4 million news items that can be used for historical research, baseline reporting and trend analysis.
"A key part of National Commercial Bank's decision to choose dna13's technology was our ability to seamlessly integrate Media Watch Middle East into our software. Because we are content agnostic, we are able to provide customers with content that best meets their needs," said Chris Johnson, President and CEO, dna13. "They also chose dna13 because our all in one software experience keeps their corporate communications, key spokespeople and subject matter experts highly aligned throughout the public relations lifecycle."
|
Verizon Wireless Launches the First CDMA-Enabled BlackBerry Pearl
The BlackBerry Pearl 8130 Smartphone Offers Voice, Data, Multimedia, Navigation and EV-DO Speed with Style
Basking Ridge, N.J., and Waterloo, Ontario - Verizon Wireless, the leading wireless company with the nation’s most reliable wireless voice and data network, and Research In Motion (RIM)announced the Nov. 3 online availability of the BlackBerry® Pearl 8130 at www.verizonwireless.com. The BlackBerry® Pearl 8130 will be in Verizon Wireless Communications stores on Nov. 8. For the customer who wants to balance work and play, the world's first CDMA-enabled BlackBerry Pearl gives Verizon Wireless customers wireless broadband connectivity to the office while enabling them to stay connected with family, friends and colleagues.
|
Open Text Reports First Quarter Fiscal 2008 Financial Results
WATERLOO, ON- Open Text(TM) Corporation announced unaudited financial results for its first quarter that ended September 30, 2007.
Total revenue for the first quarter was $164.0 million, compared to $101.2 million for the same period in the prior fiscal year. License revenue in the first quarter was $44.3 million, compared to $28.8 million in the first quarter of the prior fiscal year.
Adjusted net income in the quarter was $22.1 million or $0.43 per share on a diluted basis, compared to $12.2 million or $0.24 per share on a diluted basis for the same period in the prior fiscal year. Net income in accordance with U.S. generally accepted accounting principles ("US GAAP") was $7.8 million or $0.15 per share on a diluted basis, compared to $7.3 million or $0.15 per share on a diluted basis for the same period in the prior fiscal year.(2)
Operating cash flow in the first quarter of fiscal 2008 was $32.2 million, compared to $9.6 million in the first quarter of fiscal 2007.
"The Company plans to make an additional debt prepayment of $30.0 million. This will reduce our debt from $390 million at the time of the Hummingbird acquisition to approximately $296.3 million. We are pleased with our accelerated repayment of the debt ahead of schedule and plans for future lump sum debt repayments will continue to be reviewed on a periodic basis," said Paul McFeeters, Chief Financial Officer of Open Text.
The cash, cash equivalents and short-term investments balance as of September 30, 2007 was $150.3 million. Accounts receivable as of September 30, 2007, totaled $117.0 million, compared to $76.7 million as of September 30, 2006, and Days Sales Outstanding (DSO) was 64 days in the first quarter of fiscal 2008, compared to 68 days in the first quarter of fiscal 2007. "I am pleased with our performance in the quarter," said John Shackleton, President and Chief Executive Officer of Open Text. "We experienced strong sales in the pharmaceutical and energy sectors, meeting our profitability targets and generating strong operating cash flow. We are well on our way to meeting our objectives for fiscal 2008."
|
Survey: Companies to Pursue Technology Upgrades, Business Process Improvements in Next Two Years
TORONTO - When asked what initiatives were top of mind for their firms over the next two years, chief financial officers (CFOs) surveyed most often cited technology upgrades (30 per cent) and business process improvement measures (19 per cent).
The survey was developed by Robert Half Management Resources, the world's premier provider of senior-level accounting and finance professionals on a project and interim basis. It was conducted by an independent research firm and includes responses from 270 CFOs from a stratified random sample of Canadian companies with 20 or more employees.
CFOs were asked: "In the next two years, which of the following initiatives is your company most likely to pursue?" Their responses(*):
Technology upgrade......................................... 30%
Business process improvement............................... 19%
Geographic expansion....................................... 17%
New product or service line extension...................... 16%
Merger or acquisition...................................... 11%
None....................................................... 15%
Don't know/other/no answer................................. 8%
(*) Multiple answers were allowed.
"Companies are focused on shoring up their infrastructures to create greater efficiencies and control costs," said Paul McDonald, executive director of Robert Half Management Resources. "Technology upgrades allow firms to boost critical network security, facilitate global collaboration and enable easier interaction with customers."
The survey showed that large companies (1000+ employees) are most likely to invest in technology (52 per cent) where as medium/large companies (500-999 employees) were most likely to invest in business process improvement (53?per cent). "Larger organizations often benefit the most from these investments because of the economies of scale that come from making systemwide improvements," McDonald explained.
McDonald added that improvements to information technology systems and business processes frequently present staffing challenges for businesses. "Firms undertaking complex initiatives often need immediate access to skills not found internally. Before launching these projects, companies should identify which staffing resources are needed to achieve their short- and long-term goals."
|
CIBC contributes to MaRS in support of entrepreneurial education
TORONTO - MaRS today announced that CIBC is making a contribution of up to $500,000 and will be recognized as the presenting donor of its flagship skill-building program, Entrepreneurship 101.
"CIBC presents Entrepreneurship 101" is a free non-credit course introducing members of the research community to issues involved in starting and growing a technology-based business. It is aimed at graduate students, post-doctoral fellows, faculty, technicians and young entrepreneurs active in physical or life sciences and engineering.
With the first of its weekly lectures to be delivered tonight in the MaRS Centre auditorium - and offered via webcast to other centres in Ontario - the series explores a range of topics including financing, defining markets, hiring teams and protecting intellectual property. No prior knowledge of business is required.
"Entrepreneurship 101 isn't designed to compete with business schools. Instead, it provides academic researchers with a clear look at the elements that go into building a successful company from the ground up," said course coordinator Dr. Tony Redpath, a physical chemist, who has been both an entrepreneur and venture capitalist, now serving as an advisor to MaRS' Venture Group.
"It's experiential, hands-on learning delivered by people who have been there in the marketplace as entrepreneurs and business leaders." The demand for this type of programming is clearly on the rise. Entrepreneurship 101 began three years ago with a target of 50 participants and has grown to more than 400 students enrolled this year.
"Entrepreneurship 101 at MaRS offers an important set of tools for the education and development of entrepreneurial skills for young people in science," said Gerry McCaughey, President and Chief Executive Officer of CIBC. "This contribution is aligned with our strategic community investment focus on youth, education and health,"
CIBC's contribution of up to $500,000 underscores the value of MaRS' flagship educational program. "MaRS is delighted and truly grateful that CIBC will present Entrepreneurship 101," said CEO Dr. Ilse Treurnicht. "It is a key component of our programming and a crucial piece of the commercialization puzzle for aspiring entrepreneurs. CIBC's donation to MaRS reflects their understanding of the importance of fostering this culture of entrepreneurship."
|
DALSA Reports revenue of $39.8 million for the quarter ended September 30th, 2007, and a net loss of $0.8 million or $0.04 per share
Waterloo - DALSA Corporation reported revenue of $39.8 million for the quarter ended September 30th, 2007, and a net loss of $0.8 million or $0.04 per share, diluted. The following table summarizes the key results for the third quarter of 2007 and compares them to the same quarter of 2006:
Quarterly Comparisons
(In millions of dollars, except per share amounts)
|
Q3, 2007
|
Q3, 2006
|
Increase/
(Decrease)
|
|
Total Revenues
|
$39.8
|
$47.4
|
(16.0%)
|
|
Total Net (Loss) Income
|
($0.8)
|
$3.3
|
(123.4%)
|
|
Earnings Per Share (diluted)
|
($0.04)
|
$0.17
|
(122.5%)
|
|
Gross Margin %
|
25.8%
|
43.1%
|
(17.3 p.p.) *
|
|
Order Backlog at September 30th
|
$63.5
|
$60.9
|
4.3%
|
|
Cash Flow From Operations
|
$2.5
|
$8.6
|
(71.2%)
|
“It was a challenging quarter due to foreign exchange effects and our restructuring actions, yet I continue to be encouraged by our future prospects,” commented Brian Doody, Chief Executive Officer of DALSA Corporation. “Despite weakness in some Digital Imaging end markets we maintain a leading market presence. Our new Genie camera products aimed at new high volume industrial segments are gaining significant traction, and we are starting to see some increased activity in the flat panel display capital equipment market, which may indicate a rebound for 2008. In our Semiconductor Business, our customers, whose products are gaining broad market acceptance in key end markets, are ordering from us in volume, and we are happy to meet their demand. Finally, we reached an important milestone in our Digital Cinema business by shooting our first feature length film, “Tempting Hyenas”. Perhaps the most encouraging aspect of this project is the commitment of one of the leading post production houses to embark on a full 4K digital intermediate. I expect that the increasing use of 4K post production as a mainstream capability among post production facilities will cause the demand for our camera to increase.”
“Although the negative impact to our business due to the continued rise of the Canadian dollar cannot be underestimated, the management team remains committed to ensuring that our business remains vibrant and competitive in light of this continued rise in value of the Canadian dollar. As we announced early in the quarter, we are putting initiatives in place that we believe will allow us to achieve net earnings in our Digital Imaging and Semiconductor businesses of 10% of sales. It may take us a few quarters to get there, but it is within our grasp during 2008.”
In the third quarter, Digital Imaging revenues were $22.6 million, down almost 17% from the third quarter of 2006. This drop is due primarily to customer delays in application specific contracts and foreign exchange effects. Digital Imaging’s net loss for the quarter was $0.9 million, excluding the net gain of $6.2 million from the land sale. Earnings were negatively impacted by restructuring costs that took place in the quarter; lower revenue that was not able to absorb fixed manufacturing costs; poor product mix; and the strengthening of the Canadian dollar. Backlog in Digital Imaging decreased relative to the second quarter of 2007 due to the revaluation of booked orders at the end of the quarter at the prevailing US to Canadian dollar spot exchange rate. The company has noted a strengthening of bookings in certain of its Digital Imaging product lines subsequent to quarter end, and has established a ship-from-stock program, both of which are expected to drive improvements in revenue moving forward.
Revenues in our Semiconductor business were $16.7 million, down $3.1 million compared to the same period last year. Approximately $2 million of that shortfall is attributed to an equipment failure on the 150mm line in Bromont, which caused that line to be down for 39 days during the quarter. An additional $0.5 million is a result of foreign exchange effects on revenue. CMOS wafer processing continues to decline as we work with certain wafer customers to gradually transition them to more efficient processes within our facility or as they take last time buys. The division had a net loss of $4.0 million. This loss was primarily due to the lower level of revenue, foreign exchange impact, and restructuring costs. Backlog increased at the Bromont foundry, but was dampened by foreign exchange effects, and total backlog for the Semiconductor unit was down from the previous quarter resulting from management’s decision to remove a single large order from backlog due to a customer’s default on contract obligations. Management’s outlook is positive based in part on completion of a major long term supply agreement with a MEMS customer in addition to two significant custom image sensor development projects for large format image sensors. Towards the end of the quarter, bookings strengthened at the Foundry, and many of these resulting orders will be delivered in Q4.
In the Digital Cinema Business, we completed our first feature-length film, “Tempting Hyenas,” directed by LeVar Burton and lensed by Director of Photography Kris Krosskove. Post production house, Post Logic, provided on-set supervision during principle photography and is embarking on a full 4K digital intermediate for the project. Other projects included a commercial for Motorola starring David Beckham that will appear in theatres and on television. Revenues from the quarter were $0.5 million, up slightly from the same period last year, and included a small amount of revenue from the rental of the Origin camera and accessories. We believe the adoption rate for 4K capture is increasing, which will eventually lead to increased demand for the Origin camera and revenue traction. We remain committed to achieving success in this new business initiative.
During Q3, we closed a transaction originally announced in May to sell approximately 37 acres of land in Waterloo to Research in Motion. The cash proceeds of the transaction were approximately $11.6 million and the pre-tax gain was $7.5 million, or $0.32 per share (fully diluted) after tax.
Cash provided by operations was $2.5 million in the quarter. The Company’s cash and marketable securities increased significantly to $11.3 million due to the proceeds from the land sale.
At the end of August, we announced that we had received approval from the Toronto Stock Exchange to acquire for cancellation, by way of normal course issuer bid (the "Bid"), up to 951,334 Common Shares of the Company or approximately 5% of the issued and outstanding shares. The Bid commenced on August 23, 2007 and will expire on August 22, 2008. In August and September 2007 we repurchased and cancelled 26,011 shares at a weighted average purchase price of $10.25.
|
Apple Sells Two Million Copies of Mac OS X Leopard in First Weekend
CUPERTINO, California - Apple® announced that it sold (or delivered in the case of maintenance agreements) over two million copies of Mac OS® X Leopard since its release on Friday, far outpacing the first-weekend sales of Mac OS X Tiger, which was previously the most successful OS release in Apple’s history. Sales included copies sold at Apple’s retail stores, Apple Authorized Resellers, the online Apple Store®, under maintenance agreements and bundled with new Mac® computers. Leopard is the sixth major release of Mac OS X and is packed with more than 300 new features.
“Early indications are that Leopard will be a huge hit with customers,” said Steve Jobs, Apple’s CEO. “Leopard’s innovative features are getting great reviews and making more people than ever think about switching to the Mac.”
Leopard introduces Time Machine, an effortless way to automatically back up everything on a Mac*; a redesigned Finder that lets users quickly browse and share files between multiple Macs; Quick Look, a new way to instantly see files without opening an application; Spaces, an intuitive new feature used to create groups of applications and instantly switch between them; a brand new desktop with Stacks, a new way to easily access files from the Dock; and major enhancements to Mail and iChat®.
|
Coca-Cola Bottling Co. Consolidated Selects Open Text's Livelink ECM Solution to Manage Financial Controls
Company Streamlines Internal Controls Reporting To Help with Sarbanes Oxley Compliance
CHICAGO, IL, - Open Text(TM) Corporation, a global leader in enterprise content management (ECM), said that Coca-Cola Bottling Co. Consolidated will extend its Livelink ECM solution with Livelink ECM - Internal Controls to manage the company's financial information and help address Sarbanes-Oxley Act compliance.
Based in Charlotte, North Carolina, Coca-Cola Bottling Co. Consolidated (CCBCC) is the U.S.'s second largest bottler of Coca-Cola and other well-known consumer soft drinks. Founded more than 100 years ago, the Company is a leader in the manufacturing, marketing and distribution of soft drinks. CCBCC operates today in 11 U.S. states, managing territories with a consumer base of 18.7 million people. The company's 6,000 employees operate five production centers, and 47 sales and distribution centers.
Extending its existing Livelink ECM document management system with Livelink ECM - Internal Controls was an easy and cost effective way of creating a company-wide compliance platform for documenting and testing the Company's internal controls over financial reporting.
"Like any large company, we're focused on the best ways to manage compliance and improve our business," said Christa Arnett, at CCBCC. "Open Text offered us the advantage of being able to extend our current Livelink ECM document management solution with integrated corporate governance capabilities. With our new solution, we can reduce the cost and complexity of compliance activities through a unified system with processes for internal controls built right into our document management platform."
Open Text's solution helps CCBCC document controls and policies, automate certification processes, automate the testing of critical controls, and improve the internal reporting of Section 404 compliance efforts. By using Livelink ECM, CCBCC eliminates the costs of multiple compliance applications and speeds deployment.
Arnett added, "Livelink ECM is much more than a solution for testing internal controls in compliance with Sarbanes Oxley section 404. Livelink ECM provides a scalable platform with fundamental capabilities like document management, electronic forms, and workflow."
"Internal controls and corporate governance are ultimately about running a better business," said John Wilkerson, Executive Vice President of Global Sales, Services and Support at Open Text. "This is clearly the focus for CCBCC. Having a better understanding of the controls which do and do not significantly impact financial statements contributes to a better overall understanding of the business and its operations."
Aimed at the corporate governance demands of large, global companies, Livelink ECM - Internal Controls offers a centralized, enterprise-wide system to manage internal controls information, including the ability to automate processes and internal reporting. The solution is based on Open Text's Livelink ECM suite, which provides a broad platform for managing enterprise compliance, so customers can bring internal controls processes into a broader compliance strategy.
The solution combines powerful corporate governance tools, including a complete "controls library" to maintain all information on internal controls and risk mitigation; controls testing and self assessments; issues remediation and task management; audit trails; employee certifications; and reporting. Other key features include workflow and e-mail integration to manage key processes involved in the certification of internal controls. The solution also allows internal control tests, assessments, deficiencies and remediation plans which can be assigned, reviewed and monitored throughout a company's financial reporting period. Using this information, executives can monitor and generate reports at any time regarding the progress of testing, the status of deficiencies and their remediation, and the state of their internal controls. An added benefit is that this information is locked to a financial reporting period, providing a comprehensive archive of past activities.
|
Harmony Mobile Introduces Unlimited Calling Over Wi-Fi With the Launch of CityHarmony, Canada's First GSM/WiFi Mobile Service
Canadians Get Great Mobile Coverage Plus Unlimited North America Calling From Home or Office With a New Service That Supports Calls Over Both Wi-Fi and Harmony's GSM Network
TORONTO - Harmony Mobile, Canada's newest national GSM wireless carrier, today announces the national launch of CityHarmony, the first truly converged GSM/WiFi dual-mode service in Canada.
CityHarmony is a groundbreaking new wireless service designed to provide Canadians with one phone for all their home, office, and mobile calling needs, by combining the power of Wireless LAN and Harmony's next generation cellular network. While at home or at the office, customers can enjoy great mobile coverage plus unlimited local and long distance calling within North America over Wi-Fi. While mobile, customers enjoy great mobile coverage across Canada over Harmony's next generation voice and data network. Unlike other proprietary systems which restrict customers' use of Wi-Fi VoIP service to just one wireless access point, CityHarmony allows customers to make and receive phone calls in any Wi-Fi network that they have access to. This creates a powerful value proposition for international travelers who need to work in remote offices or hotels; expensive roaming charges can be eliminated.
"After 3 years of research and development and extensive fine-tuning of our system based on feedback from our beta testers, I am pleased to announce the official launch of CityHarmony," said Jonathan Richards, president and founder of Harmony Mobile. "This service has three major benefits for our customers. In addition to eliminating North American long distance charges and expensive international roaming fees, this service also enhances in-building mobile coverage in places where traditional GSM signals are weak or unavailable, such as conference rooms or basements. Furthermore, we do not lock you into a multi-year service contract to use our service."
Key components of the CityHarmony service include a Cisco Linksys Wi-Fi router and a Harmony SIP VoIP account. The CityHarmony service is available to users of HP iPAQ 510 Voice Messenger and Nokia E61/E61i smartphones; additional compatible dual-mode devices will be tested and supported in the coming months.
"As a small business owner, I am always looking for innovative technologies that can help me enhance my productivity and reduce operating costs," said Luis DelPoso, owner of Mobile Fluency. "I have been testing the CityHarmony service for several months and I am very impressed with this innovative service. It not only reduces my cellular bill but also allows me to make cellular calls in places where the GSM coverage is poor. Furthermore, Harmony delighted me by allowing me to put a 2nd phone number with another area code and office extension on my smartphone. With Harmony, I can be easily reached no matter which number my business partners call and I no longer miss important phone calls; that's breakthrough technology in my opinion."
Calling Trends
Canadians are choosing the simplicity of a single phone for communication and this phone is their mobile device. An increasing number of mobile voice calls are being made from home and at the office, where traditional landline phones are available.
The CityHarmony service addresses the most common concerns consumers and businesses express when using their mobile phone as their only phone:
Expensive voice minutes and long distance charges. For some customers, upgrading to a voice plan that provides sufficient minutes for all of their local and long distance calling needs can be cost prohibitive. The CityHarmony service addresses this problem by allowing customers to place phone calls over Wi-Fi at home and/or office to enjoy unlimited local and long distance calling capabilities, anytime of the day.
Poor mobile coverage. The fact is that not 100% of the areas have cellular coverage. There are many places like rural areas, in-building conference rooms, and basements where traditional mobile signals are poor or simply not available. The CityHarmony service addresses this problem by using customers' existing broadband Internet connection to handle the mobile voice call and re-routing it to the public phone system (PSTN) for call completion.
Pricing and Service Requirements:
The CityHarmony service can be used with any broadband Internet service such as DSL or Cable Internet. For a limited time, to kick off the launch of CityHarmony, the service can be added to any Harmony voice/data plans for only $25 a month which includes unlimited local and long distance calling within North America over Wi-Fi and free use of the Harmony-provided wireless router. Basic Harmony GSM voice plans start at $15.95 a month with no System Access Fee (SAF) and E911 fees.
|
T-Mobile and Apple Announce Rate Plans for iPhone in Germany, Starting at Just €49 per Month
All Plans Include Unlimited Data, Visual Voicemail & Access to Over 8,000 Wi-Fi HotSpots
BONN and MUNICH, GermanyT-Mobile and Apple® announced three simple, affordable rate plans for iPhone in Germany, starting at just €49 per month. All three “iPhone Complete” plans include unlimited data, Visual Voicemail and access to T-Mobile’s more than 8,000 Wi-Fi HotSpots in Germany. iPhone customers can easily choose the plan that’s right for them based on the amount of voice minutes and SMS text messages they plan to use each month.
“This means that users can enjoy the fantastic experience of the mobile Internet on the iPhone with no worries,” said Philipp Humm, managing director, T-Mobile Germany. The incredible combination of T-Mobile’s powerful EDGE network combined with the country’s largest offering of Wi-Fi HotSpots and the exclusive ‘iPhone Complete’ rate plans give T-Mobile customers everything they need to experience the iPhone to the fullest. The transparently structured Complete rates thus confirm our brand motto ‘simply closer.’”
“We’re thrilled to be partnering with T-Mobile and can’t wait to start selling the iPhone in Germany in just a few short weeks,” said Philip Schiller, Apple’s senior vice president of Worldwide Product Marketing. “Starting at just €49 per month, we think these three rate plans give customers the flexibility to experience all of iPhone’s revolutionary features at affordable and competitive prices.”
All iPhone plans include Visual Voicemail, an industry first, which allows consumers to see a listing of their voicemails, decide which messages to listen to, then go directly to those messages without listening to previous messages. Just like email, Visual Voicemail on iPhone enables users to immediately and randomly access the messages that interest them most.
iPhone combines three devices into onea mobile phone, a widescreen iPod®, and a breakthrough Internet deviceall based on Apple’s revolutionary multi-touch interface and pioneering software that allows users to control iPhone with just a tap, flick or pinch of their fingers.
By the end of 2007, T-Mobile will be the only network operator in Germany to offer EDGE throughout almost its entire GSM network. EDGE accelerates the mobile data transfer rate to over 220 Kilobits per second, which makes it almost four times as fast as ISDN in fixed-line networks. With EDGE, the German market leader offers its customers broadband anywhere and at any time. With 20,000 HotSpots worldwide, T-Mobile is the biggest Wi-Fi provider in the world. Of those HotSpots, over 8,000 are in Germany, where HotSpot users can achieve download speeds of up to 11 megabits per second.
|
Atria Networks acquires PowerStream’s fibre-optic assets
Data services extended across Central Ontario
Kitchener/York Region, ON - Atria Networks LP announced October 26, 2007 that it has acquired the fibre-optic assets and related contracts of PowerStream Inc., the electricity distribution company jointly owned by the City of Vaughan and the Town of Markham.
“We’re excited about extending our network coverage and providing high-speed reliable data services for these local area businesses and look forward to servicing this community,” said Steve McCartney, CEO of Atria Networks.
The acquisition of PowerStream’s fibre-optic assets is another important step forward for Atria’s goal of establishing a contiguous network that connects vibrant, growing markets across Ontario with fast and highly dependable Internet access. For PowerStream, the transaction is a strategic opportunity.
“Although we are still retaining sufficient communications infrastructure for our operating and distribution network, the sale of our surplus fibre-optic assets is consistent with our strategy to be more focused on our core business of providing electricity distribution services to the customers in our service territory,” Brian Bentz, PowerStream’s President and CEO explained. “By selling these assets to Atria Networks LP, we have ensured that our customers will be serviced by an organization which specializes in this type of product and business.”
The PowerStream acquisition follows a recent and similar acquisition of the Simcoe Community Broadband Network, or SCBN, the primary fibre-optic Internet service provider for Barrie and surrounding area.
Consistent with its growth strategy, Atria will soon directly connect areas such as Markham, Richmond Hill and Vaughan to Barrie and Waterloo, providing unprecedented seamless access to an expanded fibre-optic network operating across Central Ontario.
|
AccuFreight Clients Amazed By Seamless Service Upgrade
GUELPH - Effective immediately, all Trans-Lucent clients have now migrated to Version 2.0 of the AccuFreight Suite. This service upgrade was completed with zero downtime and no interruption of service to any client, at any time.
"One of the key benefits of using web-based business intelligence software is that service enhancements can be made by our developers and deployed immediately," said Shelina Lalani, President of Trans-Lucent Markets Inc. "Our clients have no need to worry about the administration of technical issues. They give us feedback about our services and the enhancements they would find valuable, and our developers do the rest."
Trans-Lucent is Canada's leading provider of transportation expense management systems (TEMS), having increased total records stored by over 200,000 individual records in the last six months. Clients include Coca-Cola (Canada) Ltd., Italpasta and Recochem.
"The team at Trans-Lucent has been very professional and accommodating," says Rozmina Mawani, Manager of Customer Service at Coca-Cola (Canada). "AccuFreight's Accounts Payable (AP) allows us to audit and approve invoices for payment of our freight expenditures. The Freight Intelligence System (FIS) provides us the capability to analyze freight, accessorial charges and distribution centre expenditures. The prompt accessibility and analytical capabilities of these systems has made my team more efficient and effective."
Trans-Lucent clients will now benefit from significant upgrades in service in AccuFreight 2.0. For example, FIS has always allowed clients to view shipping costs by carrier, by distribution centre, by billing period, by invoice - by almost any criteria required. Now, FIS offers the ability to build trending reports that track, and chart, expense behaviours over time. Upgrades to AccuFreight's Rate Matrix (ARM), the solution that has replaced spreadsheets, faxes and e-mails as carrier rate management tools, are also dramatic. Through ARM, Trans-Lucent can now offer the ability for clients to pre-cost shipments based on current contracted rates. ARM's online routing capabilities now allow shippers to pre-determine top carrier selections based on any criteria, thus ensuring that the decisions made at the dock door always follow internal business rules set by head office.
Trans-Lucent Markets Inc. was formed in 2003 out of a desire to turn the vast amount of financial and logistical data available on shipments into valuable, revenue-generating information. The founding executives brought to this company a unique combination of fiscal and strategic financial management skills, transportation and logistics experience, and technology expertise. Solution development at Trans-Lucent follows these four guiding principles:
- All products are deployed as web-based solutions, offering clients immediate and uninterrupted access.
- All products are "Made in Canada", housed and secured in Canada.
- All products are designed to give clients full and complete access to their own data, at all times.
- All product outputs are designed to integrate easily with popular ERP, TMS/WMS and related systems.
|
AOL Canada Names Joseph Arcuri as General Manager
TORONTO - AOL Canada Inc. today announced the promotion of Joseph Arcuri to the position of General Manager. Joseph will take over from Jonathan Lister as the head of AOL Canada Inc., a wholly owned subsidiary of AOL LLC.
In his new role, Joseph will oversee all Canadian operations. Working with the AOL Canada team, he will lead the ongoing expansion of news and entertainment content on www.AOL.ca, and continue to grow the AOL Media Network's leading presence in the online advertising community. The AOL Media Network currently reaches more than 20 million online Canadians monthly.(*)
Over the past 20 years, Joseph has built a track record of success both as an entrepreneur, having managed several pioneering technology businesses, and as a member of the executive teams of some of corporate Canada's most established blue-chip technology companies.
"As an experienced leader and technology entrepreneur, Joseph has a solid reputation in Canada's online business landscape," says Maneesh Dhir, Executive Vice President, AOL International. "Joseph's proven ability to build profitable customer relationships, together with his focus on innovation makes him the right person to spearhead AOL Canada's new online content and advertising initiatives."
Before joining AOL Canada, Mr. Arcuri co-founded one of Canada's first managed IT service companies, Bird On A Wire Networks, which was subsequently acquired by AT&T Canada (now Allstream). Mr. Arcuri also served as CFO of a life-sciences technology company, and led Bell Canada's managed and outsourced IT services group.
Jonathan Lister will be moving to London, UK to become Senior Vice President, Operations, AOL Europe.
|
|