HONG KONG, Sept. 28 /Xinhua-PRNewswire/ -- Arrow Asia
Pac Ltd., a business unit of Arrow Electronics, Inc. (NYSE:
ARW), announced that it is launching a series of lighting
solutions seminars in China with Cree, Inc. (Nasdaq: CREE),
a market leader in LED solid-state lighting components.
Arrow Asia markets and distributes Cree LED products
through its extensive sales and marketing network of 51
sales offices in 11 countries and territories in the
Asia-Pacific region.
(Logo: http://www.xprn.com/xprn/sa/200703021139.JPG )
"The growth in lighting equipment is driving
increased demand for a wide range of high-performance
lighting solutions," said CC Lim, vice president of
marketing for Arrow Asia Pac. "This alliance gives
Arrow's over 10,000 customers throughout the Asia-Pacific
region ready access to some of the brightest and most
efficient high-power LED products on the market today.
Offering Cree's world-class technology and ground-breaking
innovations further reinforces our commitment to helping
our customers accelerate time- to-market in designing
high-brightness and power LED lighting solutions."
"With this alliance, Cree is able to leverage
Arrow Asia's large base of customers, strong technical
service, and efficient supply-chain capabilities to drive
the LED lighting revolution. We look forward to continuing
to work with the Arrow Asia team to facilitate the adoption
of solid-state lighting globally by providing superior
high-power packaged LED products and services to designers
and manufacturers of lighting products," said Bob
Pollock, senior vice president of sales for Cree.
"China is expected to be one of the key LED
markets in Asia. To showcase Arrow's competitive and
leading-edge lighting solutions, we have held a series of
seminars n various key cities including Shenzhen, Ningbo,
Beijing and Xian in China," said Peng Gun Goh,
director of lighting business development for Arrow Asia
Pac. "The seminars provide designers and
manufacturers of lighting products a comprehensive overview
of Cree's LED products and Arrow's total lighting
solution."
"I'm really impressed with Cree's leading-edge LED
products," said Mu Yijing, general manager of Xian
Liming Electronic Technology Co., Ltd, and a participant of
the seminar being held in Xian. "Arrow is a leading
global distributor with a strong presence in China. I
believe we will benefit from the total solution provided by
Arrow and Cree."
About Arrow Asia Pac
A business unit of Arrow Electronics, Inc. (NYSE: ARW),
Arrow Asia Pac is one of Asia-Pacific's leading electronic
component distributors. In addition to its regional
headquarters in Hong Kong, Arrow Asia Pac operates 51 sales
offices, four primary distribution centers and 12 local
warehousing facilities in 11 countries/territories across
Asia.Providing a full range of semiconductors, passive,
electromechanical and connector products from over 170
leading international and local suppliers, Arrow Asia Pac
serves more than 10,000 original equipment and contract
manufacturers and commercial customers in Asia-Pacific.
Visit us at http://www.arrowasia.com .
About Cree, Inc.
Cree is a market-leading innovator and manufacturer of
semiconductors and devices that enhance the value of
solid-state lighting, power and communications products by
significantly increasing their energy performance and
efficiency. Key to Cree's market advantage is its
world-class materials expertise in SiC and GaN for chips
and packaged devices that can handle more power in a
smaller space while producing less heat than other
available technologies, materials and products. For
product specifications, please refer to http://www.cree.com
.
For more information, please contact:
Ray Leung
Marketing Communications Director
Arrow Asia Pac Ltd.
Tel: +852-2484-2484
Email: marcom.asia@arrowasia.com
Grace Kung
Marketing Communications Manager
Tel: +852-2484-2682
Email: grace.kung@arrowasia.com
SHANGHAI, China, Sept. 28 /Xinhua-PRNewswire/ -- Xinhua
Finance (TSE Mothers: 9399) and Market News International
(MNI), a part of the news service line of Xinhua Finance,
today announced the September Xinhua Finance/MNI China
Business Sentiment Survey. The results of the survey
suggest that while overall business conditions remain
stable at a relatively high level, companies have reined in
production growth and are adding new productive capacity at
a slower rate.
(Logo: http://www.xprn.com/xprn/sa/200611140926-min.gif
)
While the indexes reflecting current business and
financial conditions appear to have stabilized after
falling from record high levels in the spring, the indexes
for both production levels and productive capacity dropped
to their lowest levels ever in the September survey. The
index showing expectations for future new orders also hit a
record low.
The monthly survey was conducted September 10-24 and
comes amid rising interest rates and other measures imposed
by the government to slow what some say is an overheating
economy.
Since its inception in January, 2005, the survey has
accurately tracked and predicted overall Chinese economic
conditions, providing important intelligence ahead of
government data. The survey has been especially important
in indicating turnarounds in the economy, such as last
summer's slowdown or the pickup in activity seen since last
fall.
To receive a full version of the survey, or to find out
more about Xinhua Finance and Market News International,
please contact us via mni@xinhuafinance.com
Notes to Editors:
About Xinhua Finance Limited
Xinhua Finance Limited ("XFL") is China's
premier financial information and media service provider
and is listed on the Mothers Board of the Tokyo Stock
Exchange (symbol: 9399) (OTC ADRs: XHFNY). Bridging China's
financial markets and the world, Xinhua Finance's
proprietary content platform, comprising Indices, Ratings,
Financial News, and Investor Relations, serves financial
institutions, corporations and re-distributors worldwide.
Through its subsidiary Xinhua Finance Media Limited
(NASDAQ: XFML), XFL leverages its content across multiple
distribution channels in China including television, radio,
newspaper, magazine and outdoor media. Founded in November
1999, XFL is headquartered in Shanghai, with offices and
news bureaus spanning 11 countries worldwide.
For more information, please visit
http://www.xinhuafinance.com .
About Market News International
Market News International (MNI), a Xinhua Finance
company ( htpp://www.xinhuafinance.com ), is a financial
news and information company dedicated to the global fixed
income and foreign exchange markets. MNI joined the Xinhua
Finance family in March 2004, bringing its niche expertise
and extensive distribution network. Headquartered in New
York, MNI has news bureaus and offices throughout the US,
Europe and Asia.
With more than twenty years of history, MNI is a fully
accredited news agency providing focused, timely, relevant
and critical intelligence for market professionals. Its
press credentials are accepted by all operations of the
U.S. Government, including the White House, the Federal
Reserve, both houses of Congress, all major agencies and
cabinet departments, all similar government operations in
the G-7 countries, as well as by supranational
organizations such as the World Bank and the International
Monetary Fund.
More Information:
Xinhua Finance
Hong Kong/Shanghai
Ms. Joy Tsang
Tel: +852-3196-3983 / +852-9486-4364 /
+86-21-6113-5999
Email: joy.tsang@xinhuafinance.com
Mr. Scott Zhang
Tel: +86-21-6113-5996
Email: scott.zhang@xinhuafinance.com
HONG KONG, Sept. 28 /Xinhua-PRNewswire/ -- Arrow Asia
Pac Ltd., a business unit of Arrow Electronics, Inc. (NYSE:
ARW), announced that it has signed a distribution agreement
with Diodes Incorporated (Nasdaq: DIOD), a leading
manufacturer and supplier of high-quality
application-specific standard products within the broad
discrete and analog semiconductor markets. The agreement
is an important extension to Diodes' long-term partnership
with Arrow Electronics.
(Logo: http://www.xprn.com/xprn/sa/200703021139.JPG )
Arrow Asia Pac is one of the leading electronic
component distributors with over 51 supporting sales
offices throughout the Asia-Pacific region. Arrow provides
customers with an exceptional breadth of products in their
portfolio of semiconductor, passive and electro-mechanical
components, along with superior technical and logistics
support. With dedicated local teams of customer
applications engineers, Arrow is focused on providing
design-in expertise required to assist customers in
advancing their technologies and shortening design cycles,
which positions them to gain a competitive edge in the
marketplace.
"Adding Arrow Asia Pac to our global distribution
network will significantly expand our presence in this
region," commented Mark A. King, senior vice
president, sales and marketing of Diodes Incorporated.
"Their specialized focus on semiconductor products
will enhance our ability to service our customers' logistic
requirements and increase customer access and knowledge, as
well as improve our competitive position and brand
recognition."
"We have consistently grown our sales in the Asia
market by expanding our market share and customer
base," said Dr. Keh-Shew Lu, president and chief
executive officer of Diodes, Inc. "Diodes' innovative
products continue to be well received, and we are confident
that our expanded relationship with Arrow will be an
important contributor to Diodes' long-term profitable
growth."
"We are very pleased to partner with Diodes,
Inc.," said CC Lim, vice president of marketing for
Arrow Asia Pac. "Their product and manufacturing
strengths, combined with Arrow's strong demand-creation
capability and superior technical services, will provide a
solid foundation to meet and exceed the needs of our
customers in the Asia-Pacific region. We appreciate Diodes
continued support and look forward to a successful
partnership."
About Arrow Asia Pac
A business unit of Arrow Electronics, Inc. (NYSE: ARW),
Arrow Asia Pac is one of Asia-Pacific's leading electronic
component distributors. In addition to its regional
headquarters in Hong Kong, Arrow Asia Pac operates 51 sales
offices, four primary distribution centers and 12 local
warehousing facilities in 11 countries/territories across
Asia.
Providing a full range of semiconductors, passive,
electromechanical and connector products from over 170
leading international and local suppliers, Arrow Asia Pac
serves more than 10,000 original equipment and contract
manufacturers and commercial customers in Asia-Pacific.
Visit us at http://www.arrowasia.com .
About Diodes Incorporated
Diodes Incorporated (Nasdaq: DIOD), an S&P SmallCap
600 Index company, is a leading global manufacturer and
supplier of high-quality application-specific standard
products within the broad discrete and analog semiconductor
markets, serving the consumer electronics, computing,
communications, industrial and automotive markets. Diodes
products include diodes, rectifiers, transistors, MOSFETs,
protection devices, functional specific arrays, power
management devices including DC-DC switching and linear
voltage regulators, amplifiers and comparators, and
Hall-effect sensors. The company has its corporate offices
in Dallas, Texas, with a sales, marketing, engineering and
logistics office in Southern California; design centers in
Dallas, San Jose and Taipei; a wafer fabrication facility
in Missouri; two manufacturing facilities in Shanghai; a
fabless IC plant in Hsinchu Science Park, Taiwan;
engineering, sales, warehouse and logistics offices in
Taipei and Hong Kong, and sales and support offices
throughout the world. With its recent asset acquisition of
APD Semiconductor, a privately held U.S.-based fabless
semiconductor company, Diodes acquired proprietary SBR(R)
technology. Diodes, Inc.'s product focus is on high-growth
end-user equipment markets such as TV/satellite set-top
boxes, portable DVD players, datacom devices, ADSL modems,
power supplies, medical devices, wireless notebooks, flat
panel displays, digital cameras, mobile handsets, DC-to-DC
conversion, Wireless 802.11 LAN access points, brushless DC
motor fans, and automotive applications. For further
information, including SEC filings, visit the company's Web
site at http://www.diodes.com .
Safe Harbor Statement Under the Private Securities
Litigation Reform Act of 1995: Any statements set forth
above that are not historical facts are forward-looking
statements that involve risks and uncertainties that could
cause actual results to differ materially from those in the
forward-looking statements. Potential risks and
uncertainties include, but are not limited to, such factors
as implementation and market reception to new product
announcements, fluctuations in product demand, the
introduction of new products, the company's ability to
maintain customer and vendor relationships, technological
advancements, impact of competitive products and pricing,
growth in targeted markets, risks of foreign operations,
and other information detailed from time to time in the
company's filings with the United States Securities and
Exchange Commission.
For more information, please contact:
Arrow Asia Pac Ltd.
Ray Leung
Marketing Communications Director
Tel: +852-2484-2484
Email: marcom.asia@arrowasia.com
Grace Kung
Marketing Communications Manager
Tel: +852-2484-2682
Email: grace.kung@arrowasia.com
Diodes, Inc
Leanne Sievers, Executive Vice President,
Shelton Group - Investor Relations
Tel: +1-949-224-3874
Email: lsievers@sheltongroup.com
Mark King, Sr. Vice President, Sales & Marketing
Tel: +1-805-446-4800
Email: mark_king@diodes.com
- Appointment Reflects Sicon's Growth and Ambition - to be
a Leading Fabless Semiconductor Company.
LINKOPING, Sweden, Sept. 28 /Xinhua-PRNewswire/ --
"We are delighted that Karl-Henrik Sundstrom will now
join us as Chairman of the Board" says Roland
Andersson, CEO of Sicon. "His appointment demonstrates
our determination to be a world-class semiconductor company
with a leadership that expedites achievement of our
ambitions: to become a leader in Analog and Digital
interfaces in our target markets for TVs, monitors and
projectors. Our patented high-performance A-D technology is
now production-proven in submicron CMOS processes, and this
is a very good foundation for growth."
Mr. Sundstrom adds: "Sicon Semiconductor operates
with an exciting fabless business model. I believe its
approach to markets and technology leadership offers
significant opportunities. I therefore look forward to
working with the Sicon Management Team and Board of
Directors to build a world-class company that will prosper
in the high-growth global markets."
Karl-Henrik Sundstrom is CFO and Executive VP of
Ericsson. Prior to this, he has held various management
positions worldwide with Ericsson.
About Sicon
Sicon Semiconductor, based in Linkoping, Sweden, is a
fabless innovation and product company with over 25 years'
experience in mixed signal and analog design. Sicon's
solutions are based on its patented PSAR technology
(time-interleaved A/D architecture) for Analog-to-Digital
conversion, which enables industry-leading solutions for
video and graphics multimedia interface. The resulting
performance and cost benefits allow both consumer and
professional applications to be realized. Sicon's A/D
products are designed using leading-edge standard CMOS
processes. The company's unique scalable, portable
technology allows customers to secure optimum
cost/performance, while simultaneously answering their
toughest TTM needs. Sicon is headquartered in Linkoping
Sweden, with development subsidiaries in Bangalore India
and Singapore, and sales offices in Santa Clara USA, Seoul
Korea, Tokyo Japan and Shenzhen China.
http://www.siconsemi.com
For more information, please contact:
Roland Andersson, President and CEO of Sicon
Semiconductor
Phone: +46-70-233-20-79
Email: roland.andersson@siconsemi.com
BEAVERTON, Ore., Sept. 28 /Xinhua-PRNewswire/ --
Nike today announced that company executive Sandy
Bodecker has been named to the newly created position of
Vice President of Nike Global Design. In his new role,
Bodecker will oversee all aspects of design for the Nike
brand, from concept creation to retail presentation. He
will report to Nike brand President Charlie Denson.
(Logo:
http://www.newscom.com/cgi-bin/prnh/19990818/NIKELOGO)
"Sandy is uniquely qualified to lead the design of
Nike products and the premium presentation of the Nike brand
to consumers," Denson said. "Sandy knows how to
deliver an innovative, compelling Nike point of view that
creates deep consumer connections and drives growth. In
this new role, Sandy will help ensure we're bringing a
consistent and relevant Nike experience to the marketplace
across our core consumer categories and retail
executions."
Nike CEO Mark Parker said the creation of a global
design role underscores the company's commitment to
delivering a steady stream of product and brand
innovations, such as Nikeplus and NikeiD that redefine
retail, extend Nike's leadership and give consumers richer,
premium experiences. Nike is driving global growth through a
sharper consumer focus across six core categories.
"Design innovation in our products and brand
experiences is core to Nike and essential in realizing our
full growth potential," Parker said. "Sandy is
absolutely the right person to lead Nike Design."
Bodecker has more than 25 years of Nike experience. He
joined Nike in 1982 as a footwear wear-test coordinator.
Over the next decade he held a variety of positions in
footwear, including product development manager and
director of product development. In 1993, he was named Vice
President of Advanced Research and Development for Footwear.
From 1994 to 2001, Bodecker led Nike's football (soccer)
business, building Nike football from virtually nothing to
one of the company's top categories and helping to
establish global brand leadership in the sport. In 2001, he
was named General Manager of Nike Skateboard. In that role,
he successfully drove product innovation and built strong
relationships and brand credibility with skate retailers,
athletes and consumers.
Bodecker most recently was Vice President of Sport
Culture, one of Nike's six core consumer categories.
Dermott Cleary, who is Vice President of Brand Marketing
for Sport Culture, will now lead the category. Cleary
reports to Trevor Edwards, Nike's Vice President, Global
Brand and Category Management.
About Nike
NIKE, Inc. (NYSE: NKE) based near Beaverton, Oregon, is
the world's leading designer, marketer and distributor of
authentic athletic footwear, apparel, equipment and
accessories for a wide variety of sports and fitness
activities. Wholly owned Nike subsidiaries include Converse
Inc., which designs, markets and distributes athletic
footwear, apparel and accessories; Cole Haan Holdings
Incorporated, which designs, markets and distributes luxury
shoes, handbags, accessories and coats; NIKE Bauer Hockey
Corp., a leading designer and distributor of hockey
equipment; Hurley International LLC, which designs, markets
and distributes action sports and youth lifestyle footwear,
apparel and accessories; and Exeter Brands Group LLC, which
designs and markets athletic footwear and apparel for the
value retail channel.
For more information, please contact:
NIKE, Inc.
Media: Derek Kent
Phone: +1-503-532-1405
Investors: Pamela Catlett
Phone: +1-503-671-4589
ATLANTA, Sept. 28 /Xinhua-PRNewswire-FirstCall/ --
Global Payments Inc. (NYSE: GPN) today announced results
for its first quarter ended August 31, 2007. For the first
quarter, revenue grew 19 percent to $311.0 million compared
to $260.3 million in the prior year. Excluding the impact
of current period restructuring charges, diluted earnings
per share grew 6 percent to $0.54 compared to $0.51 in the
prior year quarter.
(Logo:
http://www.newscom.com/cgi-bin/prnh/20010221/ATW031LOGO )
In accordance with GAAP, the current quarter includes
restructuring charges (see attached reconciliation
schedule) relating to an operating center consolidation
announced in March 2007. These charges are reflected in
our GAAP diluted earnings per share amounts. For the three
months ended August 31, 2007, GAAP diluted earnings per
share was $0.53 compared to $0.51 in the prior year period.
During the current quarter, Global Payments completed
$67.9 million in open market repurchases of 1.8 million
shares at an average price of $37.27 per share, including
commissions paid. As of August 31, 2007, the company had
$32.1 million remaining under its current share repurchase
authorization.
Comments and Outlook
Chairman, President and CEO, Paul R. Garcia, stated,
"We are pleased with our fiscal 2008 first quarter
results, which were driven by growth in our merchant
services segment. Our revenue growth was primarily driven
by continued organic expansion in our domestic ISO channel,
as well as the favorable impact from our July 2006 addition
of our Asia-Pacific joint venture with HSBC. In addition,
our Canadian merchant services channel benefited from a
favorable Canadian currency exchange rate. Lastly, our
money transfer segment met our expectations for the
quarter, and our corporate expenses declined compared to
the prior year due to lower equity compensation
costs."
Comments and Outlook
"Based on these results and trends, we are
providing annual fiscal 2008 revenue guidance of $1,195
million to $1,247 million. This revenue guidance reflects
an expected 13 percent to 17 percent growth versus $1,061.5
million in fiscal 2007. In addition, we are providing
annual fiscal 2008 diluted earnings per share guidance of
$1.87 to $1.96, or 6 percent to 11 percent growth versus
$1.77 in fiscal 2007.(1) This includes the impact of stock
option expenses as a result of our June 1, 2006 adoption of
FAS 123R. Our guidance excludes the impact of future
significant acquisitions, and these earnings per share
ranges exclude the impact of potential restructuring and
other charges," said Garcia.
Conference Call
Global Payments will hold a conference call today,
September 27, 2007 at 5:00 p.m. ET to discuss financial
results and business highlights. The conference call may
be accessed by calling 1-877-546-1566 (U.S.) or
1-312-470-7270 (internationally) and using a pass code of
"GPN" for both numbers, or via Web cast at
www.globalpaymentsinc.com. A replay of the call will be
available on the Global Payments Web site through October
11, 2007.
Global Payments Inc. (NYSE: GPN) is a leading provider
of electronic transaction processing services for
consumers, merchants, Independent Sales Organizations
(ISOs), financial institutions, government agencies and
multi-national corporations located throughout the United
States, Canada, Latin America, Europe and the Asia-Pacific.
Global Payments offers a comprehensive line of processing
solutions for credit and debit cards, business-to-business
purchasing cards, gift cards, electronic check conversion
and check guarantee, verification and recovery including
electronic check services, as well as terminal management.
The company also provides consumer money transfer services
from the U.S. and Europe to destinations in Latin America,
Morocco and the Philippines. For more information about
the company and its services, visit
www.globalpaymentsinc.com.
(1) Fiscal 2007 diluted earnings per share was $1.75
on a GAAP basis,
which includes restructuring and other charges
equivalent to $0.02
in diluted earnings per share.
This announcement and comments made by Global Payments'
management during the conference call contain certain
forward-looking statements within the meaning of the
"safe-harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Statements that
are not historical facts, including revenue and earnings
estimates and management's expectations regarding future
events and developments, are forward looking statements and
are subject to significant risks and uncertainties. Among
the important factors that may cause actual events or
results to differ materially from those anticipated by such
forward-looking statements include the following: continued
certification by credit card associations, foreign currency
risks, competition and pricing, product demand, market and
customer acceptance, development difficulties, the effect
of economic conditions and consumer spending, security
breaches or system failures, costs of capital, changes in
immigration patterns, changes in state, federal or foreign
laws and regulations affecting the electronic money
transfer industry, increases in credit card association
fees, utility or system interruptions, the ability to
consummate and integrate acquisitions, and other risks
detailed in the company's SEC filings, including the most
recently filed Form 10-Q or Form 10-K, as applicable. The
company undertakes no obligation to revise any of these
statements to reflect future circumstances or the
occurrence of unanticipated events.
UNAUDITED CONSOLIDATED STATEMENTS OF INCOME
GLOBAL PAYMENTS INC. AND SUBSIDIARIES
(In thousands, except per share data)
Three
Months Ended August 31,
2007
2006
Revenues $310,980
$260,308
Operating expenses:
Cost of service 116,309
98,190
Sales, general and administrative 127,436
98,591
Restructuring 1,003
-
244,748
196,781
Operating income 66,232
63,527
Other income (expense):
Interest and other income 5,137
3,596
Interest and other expense (1,873)
(2,162)
3,264
1,434
Income before income taxes and minority
interest 69,496
64,961
Provision for income taxes (23,783)
(20,909)
Minority interest, net of tax (2,138)
(2,543)
Net income $43,575
$41,509
Earnings per share:
Basic $0.54
$0.52
Diluted $0.53
$0.51
Weighted average shares outstanding:
Basic 80,501
79,734
Diluted 81,907
81,576
CONSOLIDATED CONDENSED BALANCE SHEETS
GLOBAL PAYMENTS INC. AND SUBSIDIARIES
(In thousands)
August 31,
May 31,
2007
2007
(Unaudited)
Assets
Cash and cash equivalents $270,544
$308,872
Accounts receivable, net 88,336
76,168
Claims receivable, net 3,341
2,187
Settlement processing assets 26,510
32,853
Other current assets 35,366
24,349
Current assets 424,097
444,429
Property and equipment, net 122,588
118,495
Goodwill 454,459
451,244
Other intangible assets, net 173,213
175,620
Other assets 11,021
10,841
Total assets $1,185,378
$1,200,629
Liabilities and Shareholders' Equity
Lines of credit $133
$-
Settlement processing obligations 14,572
20,617
Payable to money transfer beneficiaries 7,944
6,589
Accounts payable and other accrued
liabilities 119,421
115,671
Current liabilities 142,070
142,877
Other long-term liabilities 85,079
85,043
Total liabilities 227,149
227,920
Minority interest in equity of subsidiaries 14,612
14,933
Shareholders' equity 943,617
957,776
Total liabilities and
shareholders' equity $1,185,378
$1,200,629
UNAUDITED CONSOLIDATED CONDENSED STATEMENTS OF CASH
FLOW
GLOBAL PAYMENTS INC. AND SUBSIDIARIES
(In thousands)
Three
Months Ended August 31,
2007
2006
Cash flows from operating activities:
Net income $43,575
$41,509
Non-cash items
Depreciation and amortization 10,229
9,805
Minority interest in earnings 2,050
2,651
Other, net 7,964
9,554
Changes in working capital, which
used cash
Settlement processing assets and
obligations, net (569)
(7,572)
Other, net (25,110)
(33,587)
Net cash provided by operating
activities 38,139
22,360
Cash flows from investing activities:
Capital expenditures (9,605)
(6,929)
Business acquisitions (2,625)
(67,195)
Net cash used in investing activities (12,230)
(74,124)
Cash flows from financing activities:
Net borrowings on lines of credit 133
49
Principal payments under capital leases -
(349)
Repurchase of common stock (67,873)
-
Net proceeds under share-based
compensation plans and dividends 3,530
5,585
Distributions to minority interests (2,372)
(2,530)
Net cash (used in) provided by
financing activities (66,582)
2,755
Effect of exchange rate changes on cash 2,345
(888)
Decrease in cash and cash equivalents (38,328)
(49,897)
Cash and cash equivalents, beginning
of period 308,872
218,475
Cash and cash equivalents, end of period $270,544
$168,578
UNAUDITED CONSOLIDATED STATEMENTS OF INCOME
GLOBAL PAYMENTS INC. AND SUBSIDIARIES
Reconciliation to Exclude Restructuring Charges from
Normalized Results
(In thousands, except per share data)
Three Months Ended August 31,
2007
2006
Normal-
Restructu- GAAP GAAP
ized
ring(1)
Revenues $310,980 $-
$310,980 $260,308
Operating expenses:
Cost of service 116,309 -
116,309 98,190
Sales, general and administrative 127,436 -
127,436 98,591
Restructuring - 1,003
1,003 -
243,745 1,003
244,748 196,781
Operating income 67,235 (1,003)
66,232 63,527
Other income/(expense):
Interest and other income 5,137 -
5,137 3,596
Interest and other expense (1,873) -
(1,873) (2,162)
3,264 -
3,264 1,434
Income before income taxes 70,499 (1,003)
69,496 64,961
Provision for income taxes (24,126) 343
(23,783) (20,909)
Minority interest, net of tax (2,138) -
(2,138) (2,543)
Net income $44,235 $(660)
$43,575 $41,509
Diluted shares 81,907 -
81,907 81,576
Diluted earnings per share $0.54 $(0.01)
$0.53 $0.51
(1) Restructuring charges consist of employee
termination benefits
relating to a facility closure. Also reflects
the related income
tax benefit using the company's effective tax
rate, which is
defined as the provision for income taxes divided
by income before
income taxes and minority interest.
SEGMENT INFORMATION
GLOBAL PAYMENTS INC. AND SUBSIDIARIES
(In thousands)
Three
Months Ended August 31,
2007
2006
Revenues
Domestic direct $167,868
$135,442
Canada 66,677
60,918
Asia-Pacific 16,064
5,486
Central and Eastern Europe 13,775
13,275
Domestic indirect and other 11,582
12,195
Merchant services 275,966
227,316
Domestic 29,581
29,302
Europe 5,433
3,690
Money transfer 35,014
32,992
Total revenues $310,980
$260,308
Operating income
Merchant services $76,106
$72,961
Money transfer 3,722
4,679
Corporate (12,593)
(14,113)
Restructuring (1,003)
-
Operating income $66,232
$63,527
Contact: Jane M. Elliott
Tel: +1-770-829-8234
Fax: +1-770-829-8267
Email: investor.relations@globalpay.com
New Profiles Provide Self-promotion Features To Musicians,
Artists, Non-profits, Models and More
SAN FRANCISCO, Sept. 28 /Xinhua-PRNewswire/ --
Friendster, Inc. (http://www.friendster.com) today
announced the launch of Fan Profiles, a new feature
enabling over 40 different entity types -- such as
musicians, artists, models, non-profits, athletes and more
-- to connect with existing fans and build a fan base
within Friendster's global community. Fan profiles come
with an extended set of promotional features including mass
email capabilities, contact list management, unlimited fan
base aggregation and more. Fan Profiles offer entities
immediate access to over 50 million registered Friendster
members, and give those seeking online exposure a new,
powerful tool.
(Photo:
http://www.newscom.com/cgi-bin/prnh/20070927/AQTH110-a
http://www.newscom.com/cgi-bin/prnh/20070927/AQTH110-b )
Fan Profiles add a new dimension to Friendster's broad
and global social network, and the feature has the
potential to gain traction domestically and
internationally. Friendster currently receives nearly 30
million monthly unique visitors and serves over 250 million
pages daily to a user base in more than 75 countries.*
Additionally, Friendster is a top-100 Web site in 17
countries on four continents.
"Friendster is making a clear distinction between
'friends' and 'fans,' which allows Fan Profile owners to
build a genuine fan base," said Jeff Roberto,
marketing director at Friendster. "We're giving
entities access to a feature set that promotes them, even
when they're not online. After creating a Fan Profile, it
continuously promotes you or your organization to more
people via the fans already connected to you, and publicly
via major search engines."
The Friendster Fan Profile engine consists of:
-- You (the artist or organization): By creating and
updating a fan
profile and inviting fans to join your network, you
set off a chain
reaction of notifications on and off Friendster.
Your fans receive
updates every time you edit your profile, update
your blog, upload
photos or embed content (like audio, video or
widgets).
-- Fans: Every time a new fan joins your network, they
promote you to
their friends. Friends are notified both on their
homepages and by
email (if they subscribe to email updates).
Friendster maintains a
differentiation between fan networks and friend
networks, which gives
fan profiles a high level of visibility on the
network and makes it
easy for fans to promote them to friends.
-- The Web: Fan profiles come optimized for Web
search, allowing them to
get picked up in major search engines like Google
and Yahoo! As more
fans join your network and more content gets posted
to your page,
your search ranking increases.
Artists and organizations can request a Fan Profile by
going to http://www.friendster.com/fanprofiles.
Independent artists and non-profit organizations
without large marketing budgets and resources can utilize
Fan Profiles to get the word out about themselves. Fan
Profiles contain a bulk invitation feature which enables
mass fan requesting via contact lists. Fan Profiles also
have a an auto-fan approval setting which saves the artist
or organization from manually approving every fan request,
so fan networks continue to grow with very little
maintenance.
"We're using a Friendster Fan Profile to take our
band to the next level," said Greg Federspiel, a
member of Making April
(http://www.friendster.com/makingapril). "We've been a
featured artist on MTV's 'Laguna Beach' and we've sold over
75,000 singles on iTunes; the next step for us is a solid
record deal. Our Fan Profile will help us get there,"
he said.
Popular existing Fan Profiles include:
-- Hillary Clinton (politician):
http://profiles.friendster.com/hillary2008
-- Dane Cook (comedian):
http://profiles.friendster.com/danecook
-- Polar bears (non-profit):
http://profiles.friendster.com/onthinice
-- Gnarls Barkley (artist):
http://profiles.friendster.com/gnarlsbarkley
-- Karen Kong (singer):
http://profiles.friendster.com/karenkong
-- Fall Out Boy (band):
http://profiles.friendster.com/fobonline
-- Seventeen (magazine):
http://profiles.friendster.com/seventeenmag
Fan Profiles are currently supporting entities such
as:
Actors, actresses, artists, artist management,
athletes, authors, bands, bars, bloggers,
churches/religious groups, comedians, comics, DJs, dancers,
directors, editors, education associations, events, fan
clubs, fashion, festivals, film/video, instructors,
journalists, models, musicians, non-profits, photographers,
political organizations, politicians, promoters, publishers,
publications, radio shows, record labels, restaurants,
singers, TV shows, teachers, teams, travel, venues, Web
sites and widgets.
About Friendster
With more than 50 million members worldwide, Friendster
is a leading global online social network. Friendster is
focused on helping people stay in touch with friends and
discover new people and things that are important to them.
Online adults, 18 and up, choose Friendster to connect with
friends, family, school, social groups, activities and
interests. Friendster prides itself in delivering a clean,
user-friendly and interactive environment where users can
easily connect with anyone around the world. Friendster has
a growing portfolio of patents granted to the company on
social networking, with more expected over the next several
months. Headquartered in San Francisco, California,
Friendster is backed by Kleiner Perkins Caufield &
Byers, Benchmark Capital, DAG Ventures and individual
investors. For more information, visit:
http://www.friendster.com.
* comScore Media Metrix, August 2007
For more information, please contact:
Lerin O'Neill
The Hoffman Agency
Phone: +1-408-975-3037
Email: loneill@hoffman.com
Prix Galien USA Names HUMIRA Best Biotechnology Product
ABBOTT PARK, Ill., Sept. 28 /Xinhua-PRNewswire/ --
Abbott (NYSE: ABT), a leader in the treatment of autoimmune
diseases, has received the 2007 Galen Prize for Best
Biotechnology Product for HUMIRA (R) (adalimumab), the
first approved fully human antibody. HUMIRA is approved
for use in the treatment of moderate to severe rheumatoid
arthritis, psoriatic arthritis, ankylosing spondylitis and
moderate to severe Crohn's disease. The Galen Prize,
considered an equivalent to the Nobel Prize and awarded by
Prix Galien USA, is one of the highest accolades in the
pharmaceutical and biomedical industry recognizing
excellence in medical and scientific research and
innovation.
This is the first year in which the award, founded in
France in 1970 and recognized as an international research
honor, has been expanded to recognize scientific innovation
from U.S. pharmaceutical and biotechnology companies
specifically. Abbott won the prestigious Prix Galien
international award in 1999 for developing one of the first
protease inhibitors for the treatment of HIV.
"Abbott is extremely honored to be a Galen Prize
recipient, as it recognizes our diligence in the discovery
and development of innovative treatments for immunologic
diseases," said John Leonard, M.D., vice president,
Global Medical and Scientific Affairs, Abbott.
"HUMIRA has become an important treatment option for
many patients dealing with these diseases."
HUMIRA resembles antibodies normally found in the body
and works by specifically blocking tumor necrosis factor
alpha (TNF-alpha), a protein that when produced in excess,
plays a central role in the inflammation associated with
autoimmune diseases. HUMIRA is a fully-human
self-administered biologic and 190,000 patients worldwide
are currently being treated.
"HUMIRA represents years of dedicated research as
part of our commitment to improve the human
condition," said Jochen Salfeld, Ph.D., divisional
vice president, Biologics Research, Abbott Bioresearch
Center, who played an instrumental role in the development
of HUMIRA. "We believe that the potential exists for
HUMIRA to be effective in other diseases that have
significant unmet needs and we're continuing to pursue that
research in hopes of providing relief to patients
worldwide."
About Prix Galien USA
Founded in 1970 by French pharmacist Roland Mehl to
recognize his country's outstanding medical
accomplishments, the award, named in honor of Galen, the
Greek father of medicine and pharmacology, has evolved into
Europe's leading honor for medical research and development
achievement and is considered an equivalent to the Nobel
Prize. With the addition of the United States award, Prix
Galien is now in 11 countries. Consistent with the
tradition of its founders, national judging panels must
include top scientists who are undisputed in their clinical
achievements and ability to evaluate cutting-edge medicine.
Important Safety Information About HUMIRA
Serious infections, sepsis, tuberculosis (TB) and
opportunistic infections, including fatalities, have been
reported with the use of TNF-blocking agents, including
HUMIRA. Many of these serious infections have occurred in
patients also taking other immunosuppressive agents that,
in addition to their underlying disease, could predispose
them to infections. Infections have also been reported in
patients receiving HUMIRA alone. Treatment with HUMIRA
should not be initiated in patients with active infections.
TNF-blocking agents, including HUMIRA, have been associated
with reactivation of hepatitis B (HBV) in patients who are
chronic carriers of this virus. Some cases have been
fatal. Patients at risk for HBV infections should be
evaluated for prior evidence of HBV infections before
initiating HUMIRA. The combination of HUMIRA and anakinra
is not recommended and patients using HUMIRA should not
receive live vaccines.
More cases of malignancies have been observed among
patients receiving TNF blockers, including HUMIRA, compared
to control patients in clinical trials. These malignancies,
other than lymphoma and non-melanoma skin cancer, were
similar in type and number to what would be expected in the
general population.
There was an approximately 3.5 fold higher rate of
lymphoma in combined controlled and uncontrolled open-label
portions of HUMIRA clinical trials. The potential role of
TNF-blocking therapy in the development of malignancies is
not known. TNF-blocking agents, including HUMIRA, have been
associated in rare cases with demyelinating disease and
severe allergic reactions. Infrequent reports of serious
blood disorders have been reported with TNF-blocking
agents.
Worsening congestive heart failure (CHF) has been
observed with TNF-blocking agents, including HUMIRA, and
new onset CHF has been reported with TNF-blocking agents.
Treatment with HUMIRA may result in the formation of
autoantibodies and rarely, in development of a lupus-like
syndrome.
The most frequent adverse events seen in the
placebo-controlled clinical trials in adults with
rheumatoid arthritis (HUMIRA vs. placebo) were injection
site reactions (20 percent vs. 14 percent), upper
respiratory infection (17 percent vs. 13 percent),
injection site pain (12 percent vs. 12 percent), headache
(12 percent vs. 8 percent), rash (12 percent vs. 6 percent)
and sinusitis (11 percent vs. 9 percent). Discontinuations
due to adverse events were 7 percent for HUMIRA and 4
percent for placebo. As with any treatment program, the
benefits and risks of HUMIRA should be carefully considered
before initiating therapy.
In HUMIRA clinical trials for ankylosing spondylitis,
psoriatic arthritis and Crohn's disease, the safety profile
for adult patients treated with HUMIRA was similar to the
safety profile seen in adult patients with rheumatoid
arthritis.
About HUMIRA
In the United States, HUMIRA is approved by the Food
and Drug Administration (FDA) for reducing signs and
symptoms, inducing major clinical response, inhibiting the
progression of structural damage, and improving physical
function in adult patients with moderately to severely
active rheumatoid arthritis.
HUMIRA is indicated for reducing the signs and symptoms
of active arthritis, inhibiting the progression of
structural damage and improving physical function in
patients with psoriatic arthritis. HUMIRA can be used
alone or in combination with methotrexate or other
disease-modifying anti-rheumatic drugs (DMARDs).
HUMIRA is also approved for reducing signs and symptoms
in patients with active ankylosing spondylitis.
Earlier this year, HUMIRA was approved for reducing the
signs and symptoms and inducing and maintaining clinical
remission in adults with moderately to severely active
Crohn's disease who have had an inadequate response to
conventional therapy, and reducing the signs and symptoms
and inducing clinical remission in these patients if they
have also lost response to or are intolerant to
infliximab.
Clinical trials are currently under way evaluating the
potential of HUMIRA in other immune-mediated diseases.
Abbott's Commitment to Immunology
Abbott is focused on the discovery and development of
innovative treatments for immunologic diseases. The Abbott
Bioresearch Center, founded in 1989 in Worcester, Mass.,
United States, is a world-class discovery and basic
research facility supporting research and development of
biologic treatments. Abbott Biotechnology Limited, which
opened earlier this year in Barceloneta, Puerto Rico,
United States, is the main production facility for Abbott's
anti-TNF treatment and one of the world's largest centers
for production of monoclonal antibodies.
More information about HUMIRA, including full
prescribing information, is available on the web site
http://www.HUMIRA.com or in the United States by calling
Abbott Medical Information at 1-800-633-9110.
About Abbott
Abbott is a global, broad-based health care company
devoted to the discovery, development, manufacture and
marketing of pharmaceuticals and medical products,
including nutritionals, devices and diagnostics. The
company employs 65,000 people and markets its products in
more than 130 countries.
Abbott's news releases and other information are
available on the company's Web site at
http://www.abbott.com.
For more information, please contact:
Abbott
U.S. Media, Liz Shea
Phone: +1-847-935-2211
International Media, Tracy Sorrentino
Phone: +1-847-937-8712
Financial, John Thomas
Phone: +1-847-938-2655
PARIS, Sept. 27 /Xinhua-PRNewswire/ -- By choosing
Africa and the theme "fuelling life" for its 20th
Forum (Cape Town, South Africa, October 24-26, 2007), the
WLPGA (World LP Gas Association) is asserting its
commitment to proving the major contribution that LP Gas
can make towards improving global living conditions,
especially in disadvantaged areas.
The WLPGA, as voice of the worldwide LP Gas industry,
has prepared an especially rich program for its 20th annual
meeting, with numerous conferences and round table
discussions conducted by top specialists from around the
world, such as Jacques Boudet (Geogas, Switzerland), Robert
Schwartz (Chevron, Singapore), Mourad Belguedj (World Bank),
P. Raghavendran (Reliance Industries, India), Roy Willis
(PERC, USA), Pedro Jorge (Ultragaz, Brazil), and Mehmet-Ali
Neyzi (Aygaz, Turkey).
The discussions will allow the 700 participants, who
come from more than 50 countries, to understand the
evolution of the LP Gas market and to discover best
practices and new technologies that will make LP Gas one of
the most promising energy sources for the decades to come.
The Forum will hold an additional symposium, dedicated
to "the role of LP Gas in African development,"
sponsored by the United Nations Development Program and the
World Bank. The keynote speech will be given by Buyelwa
Sonjica, South African Minister of Minerals and Energy.
Lon Greenberg, President of the WLPGA, says that this
additional symposium will enable "the exploration of
the benefits of LP Gas for the people of Africa and to
think about ways of developing its use in the
underdeveloped countries of the world."
As is customary, an exhibition of LP Gas equipment and
services currently available on the market will give
participants the opportunity to learn about the latest
technological developments in a rapidly expanding sector.
WLPGA in brief
The World LP Gas Association is a professional
non-profit organization based in Paris. It has around 170
members, headquartered in about 50 countries, from the
entire LP Gas value chain.
The WLPGA's mission is to promote LP Gas around the
world. It regularly publishes reports on the economic,
social and environmental benefits of LP Gas. It also
carries out projects with non-government organizations such
as the United Nations and the World Bank.
For more information: http://www.wlpgasforum2007.com
For more information, please contact:
Volker Andresen, WLPGA
Email: vandresen@worldlpgas.com
Dominique Baumgartner, Interlinks
Email: dominique@interlinks.fr
PARIS, Sept. 27 /Xinhua-PRNewswire/ --
KARL LAGERFELD SAS announced today a strategic
licensing alliance with Marchon Eyewear, Inc., to create
KARL LAGERFELD men's and women's eyewear starting with the
2008 collection. The agreement will give Marchon, one of
the most prominent eyewear companies, the exclusive
worldwide license to design, manufacture and distribute
both the sun and ophthalmic collections for the KARL
LAGERFELD eyewear line.
"Dark glasses are like portable eye shadow and the
world looks more beautiful through tinted glasses.
Everybody looks 10 years younger," states Karl
Lagerfeld. "That is why I wear dark glasses
always."
"It is with great pleasure that we announce the
launch of the eyewear collection by legendary designer,
Karl Lagerfeld. His influential style and distinctive
designs will be offered in both sun and optical
frames," said Al Berg, President and CEO, Marchon
Eyewear, Inc. "The exclusive KARL LAGERFELD brand will
complement Marchon's expanding global portfolio."
The new collection has been developed in collaboration
with Karl Lagerfeld and the design duo Christian Roth and
Eric Domege, who are supporting Marchon on this exciting
launch. The design and palette will reflect the spirit and
sophistication of the KARL LAGERFELD brand. The sunwear
collection will debut at retail in January 2008 and the
eyewear collection in April 2008.
Both collections will be sold worldwide in select
department stores and specialty stores.
About KARL LAGERFELD SAS
KARL LAGERFELD SAS and its affiliates design, source
and market the internationally acclaimed signature
ready-to-wear collection KARL LAGERFELD, a high end luxury
collection which is designed and shown in Paris; in
addition to the contemporary men's and women's denim
collection K KARL LAGERFELD. The Company also offers an
array of related accessories through strategic licensing
agreements. The Company's products can be found in boutique
specialty stores and department stores worldwide.
Marchon Eyewear, Inc.
Marchon Eyewear, Inc. is one of the world's largest
manufacturers and distributors of fashion and
technologically advanced eyewear and sunwear. The company
has a balanced and impressive range of collections with
patented products and world-famous brands including Calvin
Klein, ck Calvin Klein, COACH, Emilio Pucci, FENDI, Michael
Kors Collection, Nautica, Nike and Sean John. Headquartered
in New York, Marchon Eyewear, Inc. markets and distributes
its products globally with regional headquarters in
Amsterdam, Hong Kong and Tokyo and sales offices serving
customers in a network of over 80 countries. Production
facilities are located in Italy, Japan and other countries,
allowing maximum flexibility.
For more information, please contact:
Jo-Di A. Moore for KARL LAGERFELD SAS
Phone: +1-212-548-1634
Email: jmoore@karllagerfeld.com
Robert Schienberg, Marchon
Phone: +1-631-755-2020 ext. 2255
Email: rschienberg@marchon.com
NOTE TO EDITORS: Photo available upon request.
SHANGHAI, China, Sept. 27 /Xinhua-PRNewswire/ -- At the
Imaging Expo China / Interphoto Shanghai 2007 in Shanghai,
plawa will present a new AgfaPhoto digital camera product
family with the models DC-8338i, DC-8330i and DC-1338i. The
latest-generation CCD sensors with up to 8.0 or 10.0
megapixel resolution guarantee super-brilliant pictures.
The new AgfaPhoto models feature a large three-inch TFT
LCD display offering 230,000 pixel for picture preview and
playback. The face-tracking function auto-detects up to
three faces and sets the suitable exposure automatically. A
digital picture stabilizer removes any natural shaking which
in practice is difficult to avoid. Thanks to the versatile
3x zoom lens the subject can be zoomed into easily.
The AgfaPhoto DC-8330i comes in a solid, silver compact
housing. The AgfaPhoto DC-8338i and the DC-1338i feature ten
megapixel resolution and are presented in a slim black metal
housing.
The AgfaPhoto DC-8330i, DC-8338i and DC-1338i will be
available from October 2007 at a recommended retail price
of 199 to 249 euros (incl. VAT).
From October 26th to September 29th plawa will be
displaying their current AgfaPhoto digital cameras at the
Imaging Expo China in west hall 1F, stand 1D06.
You can download high-res product pictures, this press
release as a Word document as well as a high-res AGFAPHOTO
logo at:
http://www.panama-pr.de/download/agfaphotoShanghai.zip
.
The company:
plawa-feinwerktechnik GmbH & Co.
plawa was founded in 1969 and expanded rapidly as a
specialist in slide frames and film rolls and succeeded in
becoming a leader. In the year 2000, it entered the sphere
of digital photography. Today the company distributes
AgfaPhoto digital cameras.
http://www.plawa.com
AgfaPhoto Holding GmbH is licensee of the brand
AgfaPhoto by Agfa-Gevaert NV & Co. KG. The exclusive
sub-license for digital cameras has been granted to plawa
by AgfaPhoto Holding GmbH.
For more information, please contact:
Birgit Gotz
Informationsburo plawa
Panama PR GmbH
Eugensplatz 1
70184 Stuttgart - Germany
Tel: +49-711-6647597-11
Fax: +49-711-6647597-30
Email: b.goetz@panama-pr.de
ELKTON, Md., Sept. 27 /Xinhua-PRNewswire/ --
W. L. Gore & Associates (Gore), a global leader in
providing high technology solutions for the electronics
industry, announced today it has entered into a strategic
alliance that includes an equity investment in Quellan,
Inc., a leader in low power analog noise cancellation ICs.
Quellan brings to Gore their patented Q:Active(TM)
analog noise cancellation technology. When combined with
Gore's unique dielectric materials and GORE(TM) EYE-OPENER
+(R) Conductor Technologies, together they provide today's
mega data centers with one of the thinnest and lightest
active copper cables in the market to deliver exceptional
signal fidelity over longer distances in the smallest
cross-sectional area. The GORE(TM) Extended Reach DDR Cable
Assemblies more than triple the reach of double data rate
InfiniBand(TM) cables as well as reduce the size and weight
for enhanced flexibility and ease of routing.
"We are excited to invest in Quellan," states
Eric Gaver, business unit leader for Gore's commercial high
data rate cabling products. "Our roadmaps are well
aligned. Through our collaboration with Quellan, we'll
continue to yield an innovative family of products that
offer a low risk approach for minimizing cable bundle size
and power consumption, while bridging the reach gap for
massively clustered HPC systems for generations to come.
Due to the high degree of similarity that exists between
our legacy passive assemblies and newer "Active"
InfiniBand assemblies, we leverage our existing supply
chain and our established manufacturing base in China and
Mexico to meet the demands of our customers."
"In addition to the benefits that we expect to
gain in the commercial markets, I'm very excited about the
provision in our agreement that enables us to assess and
leverage Quellan's unique noise cancellation technology
into other Gore products targeting a broader range of
segments within the electronics market," says Russell
Shaller, global division leader for Gore's Electronic
Products Division. "I believe that through technical
collaboration, combinatorial effects of Gore's electronic
materials expertise coupled with Quellan's technology, we
can add significant value to the broad range segments in
which Gore participates."
Gore is a world leader in electronic signal
transmission, and noise inhibits the speed and distance of
electronic signal transmission", said Tony Stelliga,
CEO of Quellan. "By combining Quellan noise
cancellation with Gore's transmission products, computing
equipment will run faster, cooler and consume less power --
all winning factors for their customers."
About W. L. Gore & Associates, Inc.
Founded in 1958, W. L. Gore & Associates (Gore) has
parlayed its unique technical capabilities into hundreds of
diverse products and is world-renowned for its expertise in
configuring the remarkably versatile polymer PTFE. This has
resulted in numerous products for electronic signal
transmission; fabric laminates; medical implants; as well
as membrane, filtration, sealant, and fiber technologies
for diverse industries. With over $2 billion in sales, the
company is headquartered in Delaware in the US and employs
more than 7,000 associates at 45 facilities throughout the
world. Gore is one of only five companies included in every
selection of Fortune Magazine's "100 Best Companies to
Work For" since the list began in 1984. Gore has also
been cited among the "Best Places to Work" in
Germany, Italy and Scotland. For more information, please
call 800-445-4673, +1-302-292-5100, +49-91-44-6010, or
visit http://www.gore.com .
About Quellan, Inc.
Quellan specializes in analog components that improve
the performance and functionality of electronic equipment
by removing channel impairments and noise. Quellan serves
the Enterprise, Telecom, Broadcast, Automotive and Consumer
Electronics markets. Privately held, Quellan's investors
include Menlo Ventures, Cordova Ventures and Samsung
Ventures Investment Corporation. For more information, call
408-774-0084 or visit http://www.quellan.com.
GORE(TM) and EYE-OPENER+(R) are trademarks of W. L.
Gore & Associates, Inc.
InfiniBand(TM) is a trademark of the InfiniBand Trade
Association.
Q:Active(TM) is a trademark of Quellan, Inc.
For more information, please contact:
Kathryn R. Vogel
EPD Marketing Leader
W. L. Gore & Associates, Inc.
Tel: +1-410-506-4569
Email: krvogel@wlgore.com
GUANGZHOU, China, Sept. 27 /Xinhua-PRNewswire/ --
Guangzhou Global Telecom Inc. (OTC Bulletin Board: GZGT), a
mobile phone handset and pre-paid calling card distributor
and mobile handset value-added services provider in the
PRC, announced today that the company has successfully set
up a retail branch in Beijing, the capital of China. The
Beijing branch will be offering wireless products and
providing value-added technology services. A local company,
Beijing Lihe Jiahua Technology and Trading Company
("Lihe"), is willing to engage in a joint venture
with Guangzhou Global Telecom, and the company plans to
acquire 60% of Lihe at the cost of RMB1.5 million. Lihe is
the agent of several companies which are operating internet
games. Lihe is also the agent of China Unicom and intends to
cooperate with Net Telecom and China Mobile. Lihe's
un-audited revenue in 2006 is around 50 million RMB with 4
million RMB of gross profit.
Beijing, as host city of the Olympic Games in 2008, is
the political center of China. It has advantages in both
economics and travel, with a population of 17 million, 5.1
million of which is floating. According to statistics, the
coverage of mobile users in Beijing was over 100% last
year.
Ms. Li Yankuan, the CEO of the Company stated,
"The setup of the Beijing branch is a crucial step in
the integration of our business throughout China. As the
capital of China, Beijing is the most developed city in
Northern China. Accordingly, we have targeted the city as
the most significant place for us to expand our
business."
About Guangzhou Global Telecom
Guangzhou Global Telecom, Inc. is a national mobile
phone handset and pre-paid calling card distributor and
provider of mobile handset value-added services.
Maintaining cooperative relationships with China Telecom,
China Mobile and China Unicom, the Company seeks to become
the largest sales and distribution center of mobile phones,
mobile phone parts and prepaid mobile phone cards in China.
GTL plans to introduce new software and services through an
expanded network of regional and neighborhood service
centers, shops and virtual stores. For details, please
visit our website at http://www.guangzhouglobaltelecom.com
.
Safe Harbor Statement
Certain of the statements made in the press release
constitute
forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These
statements can be identified by the use of forward-looking
terminology such as "believe,"
"expect," "may," "will,"
"should," "project," "plan,"
"seek," "intend," or
"anticipate" or the negative thereof or
comparable terminology. Such statements typically involve
risks and uncertainties and may include financial
projections or information regarding our future plans,
objectives or performance. Actual results could differ
materially from the expectations reflected in such
forward-looking statements as a result of a variety of
factors, including the risks associated with the effect of
changing economic conditions in The People's Republic of
China, variations in cash flow, reliance on collaborative
retail partners and on new product development, variations
in new product development, risks associated with rapid
technological change, and the potential of introduced or
undetected flaws and defects in products, and other risk
factors detailed in reports filed with the Securities and
Exchange Commission from time to time.
For more information, please contact:
Steven Bigley
Aero Financial, Inc.
Tel: +858-481-8022
Email: sbigley@aero-financial.com
| 2007年10月01日 プレスリリース 先月末公開のいいめもプロジェクトの運営する「いいめも おこづかい帳」は、 この度、いいめもプロジェクト第２弾のサービスとして、携帯電話のメール機能を
多くのユーザーが普段から使い慣れている携帯電話のメール機能を利用しているため、
いいめもダイエット：http://www.ememo.jp/diet/ ─────────────────────────────────── メンバー： 鶴羽 佳秀 / 古川 大輔 / 北村 孝之 ホームページ：http://www.ememo.jp/ ─────────────────────────────────── ホームページ： http://obii.jp/ ─────────────────────────────────── |
| 2007年10月01日 10月1日より正式オープン！ たべるの みんなで作る楽しく幸せな「食」サイト
8月24日にベータ版を公開して以来、すでに多くのブロガーが参加、定期的に記事を投稿しています。 また「たべるのリーダー」として、幅広い世代の女性に圧倒的な人気を誇るモデルの久保京子さん、服部栄養専門学校の服部幸應校長らが参加、各氏の動画コンテンツも配信。特に久保さんを始めとする料理動画では撮影は全て自宅のキッチンにて行い、レシピのみならずリアルな生活提案も行います。
「たべるの」には、人と人だけではなく、人と企業のコミュニケーションの場があります。
■お問い合わせ先 株式会社たべるの（http://www.taberuno.com） 代表：沢樹 舞（Sawaki Mai） |
| 2007年10月01日 平成１９年１０月１日 伊豆熱川温泉の海辺にある紫雲閣ホテルオグラが、伝統的
伝統的日本料理紹介ページ↓↓ ------------------------------------------------------
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| 2007年10月01日 毎回犬に関する情報をテーマ別にお届けする「犬番」。 ■番組詳細 番組予告編はこちらから→ http://uvnweb.tv/movie/inuban_aban.wmv ■番組概要
■Decoプロフィール ■番組アクセス方法 ■お問合せ先 |
| 2007年10月01日 J-SOXサービスプロバイダの株式会社網屋 （東京都中央区、代表取締役 伊藤 整一）と、内部統制の整備・運用・評価ツールを開発・提供する株式会社メトロジー（東京都千代田区、代表取締役 古田土 修一）は、特定非営利活動法人 国際会計教育協会が主催する「半年後に迫った内部統制報告実務への対応」に協賛し、公開シンポジウム｢内部統制システム構築の落とし穴を探る｣に参加します。 米国では、SOX法適用後、既に丸3年が経過しようとしていますが、過度に厳密な実務の是正措置を講じたことによる弊害などが問題視されています。 網屋とメトロジーは、J-SOX対応ソリューションの提供で提携し、新興市場の中小規模企業にも最適なワンストップソリューション「MAXIM-Suite (マキシム・スイート)」を発表しています。セミナーの公開シンポジウムでは、両社を代表して、内部統制構築コンサルの経験があり公認会計士であるメトロジーの小倉親子が司会をつとめ、J-SOX対応に関する日頃の疑問点を八田・多賀両氏にぶつけます。 ◇名 称：「半年後に迫った内部統制報告実務への対応」 ◇日 時：2007年10月15日（月） 13：30～16：30 (受付開始13:00) ◇講 師：八田進二 氏（青山学院大学院教授） ◇参加費：10,000円（税込） ◇協 賛：宝印刷(株)、(株)網屋、アイピーロックスジャパン(株)、ワンビ(株)、(株)メトロジー ＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿ ◇第1部 13:30～14:25 ◇第3部 15:50～16:30
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| 2007年10月01日 サンフランシスコ＆東京発 これによりLFとIPAは、今後、技術開発の推進、標準化の推進、法的課題の研究、OSSに関する啓蒙活動に協力して取り組みます。両組織は、共同活動の第1弾として、来る10月30日、明治記念館にて開催する｢IPAフォーラム2007｣にてカンファレンスを共同開催いたします。
LFのエグゼクティブディレクターであるJim Zemlin (ジム・ゼムリン)は次のように述べています。 ガートナー社は、アジアの中規模および大規模な政府機関において中核となるIT業務でのオープンソースの採用は成長を続けており、2004年後半における実績は15％以下だったのに対して、2010年までに60%に達すると予想しています。 IPAの理事長である藤原武平太は次のように述べています。 ◆｢IPAフォーラム2007｣については、近日公開予定の以下のサイトをご覧ください。
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| 2007年10月01日 株式会社グローバルメディアソリューション 「nendo」は、RIAで実現したSNS＋パーソナライズドホームページとしては
■どこよりもリッチな「nendo」の直感操作 ■「express yourself？」 あなたらしい表現を ■オープン性を尊重したサービス ■「nendoα版」とは？ ◆「nendoα版」の概要 ○開始日
●本プレスリリースに関するお問い合わせ先 |
| 2007年10月01日 『イヤでも売れる露出力』（ゴマブックス）という広報・PRのノウハウ本を出版したコンセプトグラマー有限会社（京都市）代表の曽和裕次が、「売るため」の広告・宣伝ではなく、今必要とされている「買ってもらうため」の広報・PRに関してセミナーを開催致します。 ＜セミナー概要＞ 今回のセミナーでは広くPRしていく最初の”きっかけ”である「露出」を中心に、地方からでも出来るプロモーションに関するセミナーを開催致します。 「広報・PR」の効果に注目が集まっている中、今まで蓄積してきた広報ノウハウ満載のセミナーは、行政・企業の広報担当者の方のみならず、観光事業関係の方、個人経営者の方、ネットショップ運営者の方から起業したばかりの方まで、役に立つ情報が見つけられます。 今、必要な広報戦略とは何か、露出するプロモーションのヒントは何か？ ＜特別協力＞ ＜開催日時・会場＞ ＊20：30～21：30には交流会を予定しております。 ＜参加料金＞ 交流会参加費：2,000円 ＜講師＞ ＜受講対象の方＞ ＜申込方法＞ ＜詳細情報＞ ＜＜お問合せ先＞＞ |
| 2007年10月01日 新たな出会い系サイトのフレンド・サークルが会員募集を始めました。 |
| 2007年10月01日 24時間365日パソコン訪問サポート:「ドクターPC」サービスイン！ － まずは首都圏からサービス開始 － 有限会社ピントクルー（埼玉県川口市：代表取締役山口政文）は24時間365日パソコン訪問サポートする「ドクターPC」サービスを開始しました。 地域密着で活躍しているパソコン教室をパートナーに、ほとんどの訪問サポートが9,450円の明瞭プライスで、安心してご依頼いただけます。（深夜・休日対応は別途費用がかかります） まずは首都圏を対象にサービスを開始、2008年以降順次サービスエリアを全国に拡大します。 ＋24時間365日パソコン訪問サポート「ドクターPC」 ＋有限会社ピントクルー
----------------------------- TEL:048-494-3339 |
| 2007年10月01日 金融業界専門の転職エージェント、株式会社コトラ（東京都中央区、 「就活温泉」は、株式会社マグスルがセカンドライフ上で展開する 当サービスは就職活動を行う学生にリラックスした状態で自由に情報 株式会社コトラは「For Your Speciality」という標語のもと、質の
□■━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 担当：富本洋平 |
| 2007年10月01日 財団法人日本気象協会（本社：東京都豊島区、会長：松尾道彦）と株式会社ティーツーアイエンターテイメント（本社：東京都中央区、代表取締役社長：上村高広）は、10月１日よりNTT ドコモ公式サイトの天気カテゴリーにおいて、tezukamoderno（アトム）やぴちょんくん、ピングーなど有名人気キャラクターと天気予報のコラボレーションによる新しい気象情報サイト「キャラ時々晴れ」のサービスをスタートします。 1.『キャラ時々晴れ』の概要 ２．問合せ先 |