Companies news of 2009-11-04 (page 3)
Cardinal Health Holds Annual Meeting, Releases Preliminary Shareholder Voting ResultsBoard...
Peregrine Pharmaceuticals Awarded Second Broad U.S. Patent for Anti-Viral Applications of...
PacWest Bancorp Announces Quarterly Dividend- $0.01 per share cash dividend payable on...
Steven J. Smidler Appointed Senior Vice President and Chief Operating Officer at Kaman...
Star Scientific Plans Worldwide Marketing and Sales of CigRx(TM) Nutraceutical in...
Cephalon, Inc. to Webcast R&D Day
Music Superstar Beyonce Completes 2009 MTV Europe Music Awards Performer LineupDavid The...
Waste Watch(R) to Protect Neighborhoods by Partnering With Portland Law EnforcementWaste...
Kosher Valley(TM) Named Best New Poultry
AuraSound, Inc. Announces Results of Offer to Warrant Holders
Kentucky First Federal Bancorp Releases Earnings
Kellogg Company Discontinues Immunity Statements On Rice Krispies Cereals
ARRIS to Present at Second Annual Needham Broadband TechDay
Synthetech Announces Date for Second Quarter Fiscal 2010 Earnings Release and Conference...
Government Fleet Sales and U-Haul Rentals Are a Winning Combination
The Search for the Funniest Vacation Story is On... And Your Ticket to an Amazing...
Nickelodeon's TeenNick Commences Production on New Original Series GiganticDramedy About...
Pioneer Bankshares, Inc. Announces 2009 3rd Quarter Earnings
US and European Banks Think Inflexible IT is a Top Barrier to Innovation
P&G Recognizes Top Performing Global Suppliers
Borders(R) Debuts New e-Gift Cards in a Variety of Designs, Colors for Virtually Any...
CALC Decides to Appeal Staff Determination Regarding Nasdaq Delisting- The Company's...
KMC On Demand(SM) Offers Podcasting Capability
Northern Oil and Gas, Inc. Closes $59.3 Million Registered Direct Common Stock Offering
Aflac Partners with ScottsMiracle-Gro for NASCAR Races in 2010Scotts Makes Leap Back Into...
Illinois Tool Works Acquires Hartness International
Frito-Lay's TrueNorth Brand Shines the Spotlight on Inspirational 'True North' StoriesNew...
Evolution Petroleum Announces Fiscal First Quarter 2010 Earnings Release and Conference...
US and European Banks Think Inflexible IT is a Top Barrier to Innovation
NeoStem, Inc. Names Edward Geehr, M.D. to Board of Directors; Biotechnology Executive...
Cardinal Health Holds Annual Meeting, Releases Preliminary Shareholder Voting ResultsBoard of Directors Declares Regular Quarterly Dividend
DUBLIN, Ohio, Nov. 4 /PRNewswire-FirstCall/ -- Cardinal Health today released the preliminary results of shareholder voting at its annual meeting of shareholders, and the board of directors declared the company's 101st consecutive regular quarterly dividend.
Based on the preliminary voting results, shareholders elected 10 directors to the board, ratified Ernst & Young as the company's independent registered public accounting firm and re-approved the performance criteria under the company's management incentive plan. Shareholder proposals relating to performance-based stock options and requiring an independent chairman of the board did not pass. Final results will be posted on the investor page at cardinalhealth.com.
Separately, the board of directors declared a regular quarterly dividend of $0.175 per share, payable on Jan. 15, 2010 to shareholders of record on Jan. 1, 2010. For more than 25 years, Cardinal Health has paid a regular quarterly dividend. The company had approximately 363 million shares outstanding as of Oct. 31.
About Cardinal Health
Headquartered in Dublin, Ohio, Cardinal Health, Inc. is a Fortune 18 health care services company that improves the cost-effectiveness of health care. As the business behind health care, Cardinal Health helps pharmacies, hospitals and ambulatory care sites focus on patient care while reducing costs, improving efficiency and quality, and increasing profitability. As one of the largest health care companies in the world, Cardinal Health is an essential link in the health care supply chain, providing pharmaceuticals and medical products to more than 40,000 locations each day. The company is also a leading manufacturer of medical and surgical products, including gloves, surgical apparel and fluid management products. In addition, the company supports the growing diagnostic industry by supplying medical products to clinical laboratories and operating the nation's largest network of radiopharmacies that dispense products to aid in the early diagnosis and treatment of disease. Cardinal Health employs more than 30,000 people worldwide. More information about the company may be found at cardinalhealth.com.
Cardinal Health, Inc.
CONTACT: Media: Troy Kirkpatrick, +1-614-757-6225, troy.kirkpatrick@cardinalhealth.com, or Investors: Sally Curley, +1-614-757-7115, sally.curley@cardinalhealth.com
Web Site: http://www.cardinalhealth.com/
Peregrine Pharmaceuticals Awarded Second Broad U.S. Patent for Anti-Viral Applications of Phospholipid-Targeting Antibodies--Broad New Patent Covers Peregrine's Lead PS-Targeting Antibody Bavituximab and Similar Agents for the Treatment of All Viral Infections-- --New Patent Covers Applications under Active Development Including HCV Clinical Program and R&D Activities in Viral Hemorrhagic Fever, HIV, CMV and Other Life Threatening Viral Infections--
TUSTIN, Calif., Nov. 4 /PRNewswire-FirstCall/ -- Peregrine Pharmaceuticals, Inc. today announced that the U.S. Patent and Trademark Office has issued U.S. Patent Number 7,611,704, which includes broad claims covering anti-viral uses of phosphatidylserine (PS)-targeting antibodies including Peregrine's lead clinical compound, bavituximab. PS is a unique marker exposed on the surface of virally infected cells that can be targeted to treat a broad spectrum of virus infections.
The new patent covers compositions and methods of treating virus infections using bavituximab and similar antibodies, either alone or as immunoconjugates attached to anti-viral agents, as well as in combination with other anti-viral agents. The breadth of the claims in the new patent is especially noteworthy since it includes methods for treating all viruses in humans and in animals. The therapeutic potential of these antibodies is supported by data in a landmark study published in the December 2008 edition of Nature Medicine showing that bavituximab and other PS-targeting antibodies have the potential to cure lethal virus infections across a broad range of virus families in animal disease models.
"This broad anti-viral patent further expands our intellectual property leadership in the field of PS-targeting antibodies at a time when our anti-viral program is experiencing a rising tide of interest and activity," said Steven W. King, president and CEO of Peregrine. "We are especially pleased at the scope of the issued claims in this new patent, which covers the use of bavituximab and similar antibodies in the treatment of any and all virus infections. Antibodies falling under the scope of this new patent have already demonstrated promising anti-viral activity in clinical trials in patients with hepatitis C virus (HCV) infection and are the focus of our ongoing research funded by a Transformational Medical Technologies Initiative contract to study the potential of these agents as broad spectrum viral hemorrhagic fever therapeutics."
PS, a lipid molecule normally found only on the inside of cell membranes, becomes exposed on the outside of the membranes of viruses and virally infected cells. A rapidly growing body of published scientific research confirms that exposed PS is directly involved in the pathogenesis of many serious infectious diseases. Exposed PS enables viruses to evade immune recognition and dampens the body's normal responses to infection. By masking the exposed PS, PS-targeting antibodies are believed to block these effects, allowing the body to develop a robust immune response to the pathogen.
Peregrine's PS-targeting antibodies have been shown to help clear infectious virus from the bloodstream and to induce antibody-dependent cellular cytotoxicity. PS is exposed on the outer membrane of cells infected with a wide range of viruses, including HIV, influenza, herpes simplex viruses, hemorrhagic fever viruses, cytomegalovirus (CMV), measles and members of the smallpox and rabies virus families. Targeting PS thus provides a broad platform for treating viral infections. Because the PS target is host-derived rather than pathogen-derived, PS-targeting antibodies are also expected to be much less susceptible to the viral genomic mutations that lead to anti-viral drug resistance.
Bavituximab, which is Peregrine's most advanced PS-targeting antibody, is currently being studied in a clinical trial for the treatment of patients co-infected with HCV and HIV. Phase I studies in HCV patients showed that bavituximab was well tolerated and it exhibited encouraging signs of anti-viral activity.
Under a major biodefense initiative funded by the Defense Threat Reduction Agency for the Transformational Medical Technologies Initiative (TMTI), bavituximab and similar antibodies are in preclinical development for the treatment of viral hemorrhagic fevers under a contract worth up to $44.4 million. Peregrine's work on viral hemorrhagic fevers is completely funded by the TMTI under contract HDTRA1-08-C-0003.
This new patent was granted to The University of Texas System and is exclusively licensed to Peregrine Pharmaceuticals.
About Peregrine Pharmaceuticals
Peregrine Pharmaceuticals, Inc. is a biopharmaceutical company with a portfolio of innovative product candidates in clinical trials for the treatment of cancer and serious virus infections. The company is pursuing three separate clinical programs in cancer and HCV infection with its lead product candidates bavituximab and Cotara®. Peregrine also has in-house manufacturing capabilities through its wholly owned subsidiary Avid Bioservices, Inc. (http://www.avidbio.com/), which provides development and bio-manufacturing services for both Peregrine and outside customers. Additional information about Peregrine can be found at http://www.peregrineinc.com/.
Safe Harbor Statement: Statements in this press release which are not purely historical, including statements regarding Peregrine Pharmaceuticals' intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties including, but not limited to, the risk that the Company will not receive the full $44.4 million awarded under the TMTI program, the risk that bavituximab will not achieve broad-spectrum anti-viral effects and the risk that PS-targeting antibodies will not be less susceptible to viral mutations. It is important to note that the company's actual results could differ materially from those in any such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties associated with completing preclinical and clinical trials for our technologies; the early stage of product development; the significant costs to develop our products as all of our products are currently in development, preclinical studies or clinical trials; obtaining additional financing to support our operations and the development of our products; obtaining regulatory approval for our technologies; anticipated timing of regulatory filings and the potential success in gaining regulatory approval and complying with governmental regulations applicable to our business. Our business could be affected by a number of other factors, including the risk factors listed from time to time in the company's SEC reports including, but not limited to, the annual report on Form 10-K for the year ended April 30, 2009 and the quarterly report on Form 10-Q for the quarter ended July 31, 2009. The company cautions investors not to place undue reliance on the forward-looking statements contained in this press release. Peregrine Pharmaceuticals, Inc. disclaims any obligation, and does not undertake to update or revise any forward-looking statements in this press release
Contacts:
GendeLLindheim BioCom Partners
Investors Media
info@peregrineinc.com Barbara Lindheim
(800) 987-8256 (212) 918-4650
Peregrine Pharmaceuticals, Inc.
CONTACT: Investors, GendeLLindheim BioCom Partners, 1-800-987-8256, info@peregrineinc.com; or Media, Barbara Lindheim, +1-212-918-4650, for Peregrine Pharmaceuticals, Inc.
PacWest Bancorp Announces Quarterly Dividend- $0.01 per share cash dividend payable on November 30, 2009 to stockholders of record on November 16, 2009 -
SAN DIEGO, Nov. 4 /PRNewswire-FirstCall/ -- The Board of Directors of PacWest Bancorp declared today a quarterly cash dividend of $0.01 per common share. The cash dividend is payable on November 30, 2009 to stockholders of record at the close of business on November 16, 2009.
ABOUT PACWEST BANCORP
PacWest Bancorp is a bank holding company with $5.5 billion in assets as of September 30, 2009, with one wholly-owned banking subsidiary, Pacific Western Bank. Through 69 full-service community banking branches, including 10 branches of the former Affinity Bank, Pacific Western provides commercial banking services, including real estate, construction and commercial loans, to small and medium-sized businesses. Pacific Western's branches are located in Los Angeles, Orange, Riverside, San Bernardino and San Diego Counties. Former Affinity Bank branches are also located in San Mateo, San Francisco and Ventura Counties. Through its subsidiary BFI Business Finance and its division First Community Financial, Pacific Western also provides working capital financing to growing companies located throughout the Southwest, primarily in the states of Arizona, California and Texas. Additional information regarding PacWest Bancorp is available on the Internet at http://www.pacwestbancorp.com/. Information regarding Pacific Western Bank is also available on the Internet at http://www.pacificwesternbank.com/.
Contact: Matthew P. Wagner Victor R. Santoro
Chief Executive Officer Executive Vice President and
10250 Constellation Boulevard Chief Financial Officer
Suite 1640 10250 Constellation Boulevard
Los Angeles, CA 90067 Suite 1640
Los Angeles, CA 90067
Phone: 310-728-1020 310-728-1021
Fax: 310-201-0498 310-201-0498
PacWest Bancorp
CONTACT: Matt Wagner, Chief Executive Officer, +1-310-728-1020, or Vic Santoro, Executive Vice President and CFO, +1-310-728-1021, both of PacWest Bancorp, fax,+1-310-201-0498
Web Site: http://www.pacwestbancorp.com/
Steven J. Smidler Appointed Senior Vice President and Chief Operating Officer at Kaman Industrial Technologies
BLOOMFIELD, Conn., Nov. 4 /PRNewswire-FirstCall/ -- Kaman Corporation announced today that its subsidiary, Kaman Industrial Technologies Corporation has appointed Steven J. Smidler to the newly created position of Senior Vice President and Chief Operating Officer, reporting to T. Jack Cahill, President, effective December 1, 2009.
Smidler, 50, will oversee the company's sales, marketing, customer service and operational functions. Smidler joins Kaman from Lenze Americas Corporation where he served as Executive Vice President, with responsibility for marketing, sales, finance, business systems and product technology for the Americas. Smidler was also a member of the management committee of the Lenze Group, Germany, and held the position of President and Treasurer for Lenze Americas and served as a Board member for the Lenze ACTech production company.
"Steve is an excellent fit for Kaman Industrial Technologies. He brings 28 years of experience in high technology products, sales management, marketing and general management," Cahill stated. "Steve's many years of customer interaction in the same industries that Kaman serves, and his knowledge of electrical, mechanical and fluid power products, position him to engage immediately with Kaman's sales and operating organizations. This experience and his thorough knowledge of international markets and global customers will be extremely valuable as Kaman Industrial Technologies implements its long-term growth strategy."
Smidler is a 1981 graduate of Purdue University with a bachelor's degree in electrical engineering technology. He received an MBA from the Fuqua School of Business at Duke University in 2007. Prior to joining Lenze, Smidler held executive positions at Eaton Corporation's Powerware Division and Rockwell Automation's Global Manufacturing Solutions Group. Smidler has had assignments throughout the Americas and Europe.
Steve and his wife Cindy have most recently lived in Raleigh, North Carolina and will relocate to Connecticut.
Kaman Industrial Technologies Corporation, a leading distributor of industrial parts, operates nearly 200 customer service centers and five distribution centers across North America. Kaman offers more than two million items including bearings, power transmission, electrical, material handling, motion control, fluid power and MRO supplies to customers in a variety of industries. Additionally, Kaman provides value-added services such as engineering and design support for electrical, linear, hydraulic and pneumatic systems as well as belt and rubber fabrication, reducer build, hose assemblies, custom modifications, repair services, fluid analysis and motor management.
Kaman Corp., headquartered in Bloomfield, Conn. also conducts business in the aerospace market. The company produces and/or markets widely used proprietary aircraft bearings and components; complex metallic and composite aerostructures for commercial, military and general aviation fixed and rotary wing aircraft; safing and arming solutions for missile and bomb systems for the U.S. and allied militaries; subcontract helicopter work; and support for the company's SH-2G Super Seasprite maritime helicopters and K-MAX medium-to-heavy lift helicopters.
Kaman Corporation
CONTACT: Eric Remington, VP, Investor Relations, Kaman Corporation, +1-860-243-6334, eric.remington@kaman.com, or David Mayer, VP, Marketing, Kaman Industrial Technologies Corporation, +1-860-502-5185, david.mayer@kaman.com
Web Site: http://www.kaman.com/
Star Scientific Plans Worldwide Marketing and Sales of CigRx(TM) Nutraceutical in Partnership with inVentiv Health
PETERSBURG, Va., Nov. 4 /PRNewswire-FirstCall/ -- Star Scientific, Inc. announced today that the company plans to introduce the CigRx(TM) nutraceutical product developed by its subsidiary, Rock Creek Pharmaceuticals, for worldwide marketing and sales in partnership with inVentiv Health, Inc. . inVentiv Health offers a complete range of commercialization solutions for every stage of the product lifecycle, in a range of healthcare categories that includes nutraceutical products. The company has marketing and sales capabilities in 40 countries around the globe. Jonnie R. Williams, Star's CEO, stated, "Cigarette smoking is the leading cause of preventable death in the world. However, the global cigarette business, which now exceeds $300 billion, continues to grow. Our goal is to make CigRx(TM) available to adult smokers worldwide who wish to maintain a nicotine-free metabolism." Rock Creek Pharmaceuticals will be responsible for the manufacturing of CigRx(TM), and the company anticipates that inVentiv Health will be involved in the product marketing and sales, with a focus on product education for physicians and health care professionals, as well as consumers.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090317/STARSCIENTIFICLOGO )
Star also announced that it has retained McColl Partners LLC to advise the company on a range of corporate finance matters, including the assessment of strategic initiatives involving new products. McColl Partners, an independent investment banking firm co-founded by Hugh McColl, former Chairman of Bank of America, specializes in the needs of management and owners of middle-market companies. The firm offers strategic advice and assistance to its clients regarding mergers and acquisitions.
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Star Scientific, Inc. and its consolidated subsidiaries (collectively, the "Company") has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in, or implied by, such statements. These risks, uncertainties and contingencies include, without limitation, the challenges inherent in new product development initiatives, the uncertainties inherent in the progress of scientific research, the Company's ability to raise additional capital in the future necessary to maintain its business, potential disputes concerning the Company's intellectual property, risks associated with litigation regarding such intellectual property, potential delays in obtaining any necessary government approvals of the Company's low-TSNA tobacco products, market acceptance of the Company's new smokeless tobacco products, competition from companies with greater resources than the Company, the Company's decision not to join the Master Settlement Agreement ("MSA"), the effect of state statutes adopted under the MSA, and the Company's dependence on key employees and on its strategic relationships with Brown & Williamson Tobacco Corporation in light of its combination with RJ Reynolds Tobacco Company, Inc. The impact of potential litigation, if initiated against or by individual states that have adopted the MSA, could be materially adverse to the Company.
Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. See additional discussion under "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2008, as filed with the SEC on March 16, 2009, and other factors detailed from time to time in the Company's other filings with the SEC, available at http://www.sec.gov/. This information is current as of this date. The Company undertakes no obligation to update or advise upon any such forward-looking statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.
About Rock Creek Pharmaceuticals
Rock Creek Pharmaceuticals develops pharmaceutical products for treatment of addiction and other neurological disorders, and other products such as nutraceuticals. The company supports third-party academic, educational and therapeutic advances in both these areas of research. Rock Creek has scientific and research offices in Gloucester, MA and a regulatory office in Washington, DC.
About Star Scientific
Star Scientific is a technology-oriented tobacco company with a toxin reduction mission. It is engaged in the development of dissolvable smokeless tobacco products that deliver fewer carcinogenic toxins (principally tobacco specific nitrosamines, or TSNAs), through the utilization of the innovative StarCured® tobacco curing technology, and in sublicensing that technology to others. Star Scientific has a Corporate and Sales Office in Petersburg, VA, an Executive, Scientific & Regulatory Affairs office in Bethesda, MD, and manufacturing facilities in Chase City, VA. For more information, visit http://www.starscientific.com/
About inVentiv Health
inVentiv Health, Inc. is an insights-driven global healthcare leader that provides dynamic solutions to deliver customer and patient success. inVentiv delivers its customized clinical, sales, marketing and communications solutions through its four core business segments: inVentiv Clinical, inVentiv Communications, inVentiv Commercial, and inVentiv Patient Outcomes. inVentiv Health's client roster is comprised of more than 350 leading pharmaceutical, biotech, life sciences and healthcare payor companies, including all top 20 global pharmaceutical manufacturers. For more information, visit http://www.inventivhealth.com/.
Contact:
Sara Troy Machir
VP, Communications & Investor Relations
Star Scientific, Inc.
301-654-8300
Photo: http://www.newscom.com/cgi-bin/prnh/20090317/STARSCIENTIFICLOGO AP Archive: http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Star Scientific, Inc.
CONTACT: Sara Troy Machir, VP, Communications & Investor Relations, +1-301-654-8300
Web Site: http://www.starscientific.com/
Cephalon, Inc. to Webcast R&D Day
FRAZER, Pa., Nov. 4 /PRNewswire-FirstCall/ -- Cephalon, Inc. today announced that its Research and Development Day in New York City, to be held on November 10, 2009, will be webcast live on the investor relations section of its website at http://www.cephalon.com/.
Cephalon's senior management will review the company's product pipeline and discuss research and development initiatives including its pipeline of biologics from its recent acquisition of Arana Therapeutics. In addition, guest speakers will present data on two investigational medications, Lupuzor(TM), for the treatment of systemic lupus erythematosus and Ception Therapeutics, Inc.'s lead compound, reslizumab, a humanized monoclonal antibody (mAb) against interleukin-5 for the treatment of pediatric eosinophilic esophagitis and eosinophilic asthma in adults. Cephalon holds an option to acquire Ception.
The presentations will be delivered on Tuesday, November 10, 2009 beginning at approximately 12:00 p.m. EST and ending at 3:00 p.m. EST. The webcast will be archived for one week following the broadcast. To access the webcast, log on to the company's website at http://www.cephalon.com/ and click on "Investors," then "Webcast." Click on the link and follow the prompts for registration and access.
About Cephalon, Inc.
Founded in 1987, Cephalon, Inc. is an international biopharmaceutical company dedicated to the discovery, development and commercialization of many unique products in four core therapeutic areas: central nervous system, inflammatory diseases, pain and oncology. A member of the Fortune 1000 and the S&P 500 Index, Cephalon currently employs approximately 3,000 people in the United States and Europe. U.S. sites include the company's headquarters in Frazer, Pennsylvania, and offices, laboratories or manufacturing facilities in West Chester, Pennsylvania, Salt Lake City, Utah, and suburban Minneapolis, Minnesota.
Cephalon has a growing presence in Europe, the Middle East and Africa. The Cephalon European headquarters and pre-clinical development center are located in Maisons-Alfort, France, just outside of Paris. Key business units are located in England, Ireland, France, Germany, Italy, Spain, the Netherlands for the Benelux countries, and Poland for Eastern and Central European countries. Cephalon Europe markets more than 30 products in four areas: central nervous system, pain, primary care and oncology.
The company's proprietary products in the United States include: NUVIGIL® (armodafinil) Tablets [C-IV], AMRIX® (cyclobenzaprine hydrochloride extended-release capsules), TREANDA® (bendamustine hydrochloride) for Injection, FENTORA® (fentanyl buccal tablet) [C-II], PROVIGIL® (modafinil) Tablets [C-IV], TRISENOX® (arsenic trioxide) injection, GABITRIL® (tiagabine hydrochloride) and ACTIQ® (oral transmucosal fentanyl citrate) [C-II]. The company also markets numerous products internationally. Full prescribing information on its U.S. products is available at http://www.cephalon.com/ or by calling 1-800-896-5855.
In addition to historical facts or statements of current condition, this press release may contain forward-looking statements. Forward-looking statements provide Cephalon's current expectations or forecasts of future events. These may include statements regarding anticipated scientific progress on its research programs; development of potential pharmaceutical products; interpretation of clinical results; prospects for regulatory approval; manufacturing development and capabilities; market prospects for its products; sales, adjusted net income and basic adjusted income per common share guidance; and other statements regarding matters that are not historical facts. You may identify some of these forward-looking statements by the use of words in the statements such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe" or other words and terms of similar meaning. Cephalon's performance and financial results could differ materially from those reflected in these forward-looking statements due to general financial, economic, regulatory and political conditions affecting the biotechnology and pharmaceutical industries as well as more specific risks and uncertainties facing Cephalon such as those set forth in its reports on Form 8-K, 10-Q and 10-K filed with the U.S. Securities and Exchange Commission. Given these risks and uncertainties, any or all of these forward-looking statements may prove to be incorrect. Therefore, you should not rely on any such factors or forward-looking statements. Furthermore, Cephalon does not intend to update publicly any forward-looking statement, except as required by law. The Private Securities Litigation Reform Act of 1995 permits this discussion.
Contacts:
Media: Investors:
Sheryl Williams Robert (Chip) Merritt
610-738-6493 610-738-6376
swilliam@cephalon.com cmerritt@cephalon.com
Cephalon, Inc.
CONTACT: Media: Sheryl Williams, +1-610-738-6493, swilliam@cephalon.com, or Investors: Robert (Chip) Merritt, +1-610-738-6376, cmerritt@cephalon.com
Web Site: http://www.cephalon.com/
Music Superstar Beyonce Completes 2009 MTV Europe Music Awards Performer LineupDavid The Hoff Hasslehoff, Lil Kim, Jesse Metcalfe & Wladimir Klitschko confirmed as presenters
LONDON, Nov. 4 /PRNewswire/ -- Global music icon, Beyonce, has been unveiled as the final performer at the 2009 MTV Europe Music Awards (EMAs), the news was announced today by MTV Networks International (MTVNI), owned by Viacom Inc . The multi-platinum selling artist, singer and producer will be performing a mesmerizing version of her hit Sweet Dreams at the Awards, which air live from the O2 World, Berlin on Thursday 5 November at 9pm CET. The 2009 MTV Europe Music Awards are sponsored by Sony Ericsson, MTV Games / Harmonix's The Beatles(TM): Rock Band(TM) and Dell.
Beyonce's performance at the EMAs will be rounded out by the global music video premiere of her latest single, Video Phone, featuring her fellow EMA nominee Lady Gaga, which airs on MTV TV and online platforms around the world immediately following the Awards from 23.30 CET.
Boosted by the massive success of her recent solo outing, I am...Sasha Fierce, Beyonce has been recognized with four nominations at this year's EMAs including Best Female and Best Live Act. The versatile performer is also a hot contender in the Best Song and Best Video categories, for monster hits Halo and Single Ladies (Put a Ring on It).
Beyonce's 2003 solo debut, Dangerously In Love, shattered sales records, spawned a sold-out world tour, won an outstanding five Grammy Awards and confirmed her status as one of pop/R&B's premiere songwriters, producers and singers. Her latest album, I Am...Sasha Fierce, has topped the album charts around the world and features the singles If I Were A Boy - which went #1 in UK, Norway, Sweden, South Africa, Korea, Brazil and Denmark - and Single Ladies (Put A Ring On It), which hit #1 on the American Billboard Hot 100 & R&B charts and spent three weeks at #1 on Germany's airplay-based club charts.
Beyonce rounds up a glittering lineup of EMA performers including Foo Fighters, Green Day, Jay-Z, Leona Lewis, Shakira, Tokio Hotel and U2. The MTV Europe Music Awards will be hosted by Katy Perry. Actor, musician and international celebrity David The Hoff Hasslehoff, hip hop star Lil Kim, World heavyweight boxing champion Wladimir Klitschko and actor Jesse Metcalfe were also announced as the final names in the presenter roster, joining pop/rock phenomena Jonas Brothers plus Backstreet Boys, Juliette Lewis, Jean Reno, Miranda Cosgrove, Asia Argento, Bar Refaeli, Brody Jenner and Batista. Joss Stone will be hosting digital show 2009 EMA: Red Carpet Show and Pete Wentz will host digital show 2009 EMA: All Access - both of which can be accessed on http://www.mtvema.com/.
Among the highlights expected at Thursday's show will be a short set by music legends U2, performed in front of a crowd of 10,000 at Berlin's historic Brandenburg Gate - a symbol of reconciliation and peace for the formerly divided city.
The 2009 MTV Europe Music Awards will take place at the 02 World, Berlin on Thursday 5 November 2009 and will be broadcast live on MTV at 21:00 CET.
Note to Editors
About the MTV Europe Music Awards
The 2009 MTV Europe Music Awards will be broadcast live in the following countries : Armenia, Austria, Belarus, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Latvia, Lithuania, Luxembourg, Former Yugoslav Republic of Macedonia, Malta, Moldova, Monaco, Montenegro, Netherlands, Norway, Poland, Portugal, Romania, Serbia, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, Ukraine, United Kingdom.
About MTV Networks International
MTV Networks International includes the premier multimedia entertainment brands MTV: Music Television, VH1, Nickelodeon, MTVNHD, TMF (The Music Factory), VIVA, Flux, Paramount Comedy, Comedy Central, Game One, Neopets, GameTrailers, Shockwave, Addicting Games, Atom Films and Xfire. MTV Networks' brands are seen globally in 578 million households, in 162 countries and 33 languages via 168 locally programmed and operated TV channels and more than 400 digital media properties. The company's diverse holdings also include interests in television syndication, digital media, publishing, home video, radio, recorded music, licensing & merchandising and two feature film divisions, MTV Films and Nickelodeon Movies. MTV Networks is a unit of Viacom Inc. .
About Sony Ericsson
Sony Ericsson is a 50:50 joint venture by Sony and Ericsson established in October 2001, with global corporate functions located in London and operations in all major markets. Our vision is to become the industry leader in Communication Entertainment; where new styles of communicating through the internet and social media, become entertainment. Sony Ericsson offers exciting consumer experiences through phones, accessories, content and applications. For more information please visit: http://www.sonyericsson.com/.
About The Beatles: Rock Band
The Beatles: Rock Band marks the first time that Apple Corps, along with EMI Music, Sony/ATV Music Publishing, Harrisongs Ltd and Startling Music Ltd has presented The Beatles music in an interactive video game format. The Beatles: Rock Band is published by MTV Games and developed by Harmonix, the world's premier music video game company and creators of the best-selling Rock Band, and available on the Xbox 360® video game and entertainment system from Microsoft, PLAYSTATION®3 computer entertainment system and Wii(TM) console from Nintendo.
About MTV Games
MTV Games is dedicated to creating, marketing and publishing high-quality, innovative interactive products that are relevant to the MTV audience and complement the core values of the MTV Networks brands.
About Harmonix Music Systems, Inc.
Harmonix Music Systems, Inc., based in Cambridge, MA, and established in 1995, is the leading developer of ground-breaking music-oriented videogames. Harmonix was founded by Alex Rigopulos and Eran Egozy, who formed the company to invent new ways for non-musicians to experience the unique joy that comes from making music and have pioneered music and rhythm gaming in the US. For more information please visit: http://www.harmonixmusic.com/.
About Dell
People worldwide can buy Dell online, by phone and through more than 43,000 stores.
MTV Networks International
CONTACT: Polly Stevens, +44-207-478-6328, Polly.Stevens@mtvne.com
Web Site: http://www.mtvema.com/
Waste Watch(R) to Protect Neighborhoods by Partnering With Portland Law EnforcementWaste Management trains 150 truck drivers to watch for suspicious activity
PORTLAND, Ore., Nov. 4 /PRNewswire-FirstCall/ -- Law enforcement and emergency officials will soon have help protecting Portland neighborhoods, thanks to Waste Watch® - a community safety program sponsored by Waste Management . Waste Watch® involves training Waste Management truck drivers to serve as an extra set of eyes and ears for police, fire and emergency services.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090219/WMLOGO)
Security professionals are training truck drivers this week to look and listen for suspicious activities, and then report observations to public safety and law enforcement agencies. Waste Management drivers are uniquely positioned to spot and report unusual situations because they drive neighborhood streets early in the morning when crimes often occur.
Waste Management started the Waste Watch® community safety program five years ago in Washington County. Today it is a nationally acclaimed program, serving 100 communities across North America.
"Waste Watch® is something extra we can do to help in the community," said Adam Winston, Waste Management's director of operations for Oregon and eastern Washington. "We feel privileged to work in the Portland community, and this is something we can do to promote our shared goals related to health and safety."
Since its debut in Forest Grove in 2004, Waste Watch® has grown to national acclaim for its support to law enforcement, emergency services and the Amber Alert system. It has received recognition from municipalities and organizations including USAonWatch and the National Sheriff's Association.
In Washington County, Waste Watch has resulted in several success stories, including drivers reporting document theft from dumpsters at Beaverton businesses and vandalism of vehicles in a residential neighborhood. In one situation, a Waste Management driver spotted a person in distress at 3 am. The driver called for emergency medical assistance and stayed with the person until help arrived.
About Waste Management
Waste Management, based in Houston, Texas, is the leading provider of comprehensive waste management services in North America. Subsidiaries provide collection, transfer, recycling and resource recovery, and disposal services. A leading developer, operator and owner of waste-to-energy and landfill gas-to-energy facilities in the United States, customers include residential, commercial, industrial, and municipal customers throughout North America. For more information, visit http://www.wm.com/ or http://www.thinkgreen.com/
For Further Information:
Jackie Lang 503-705-0007
jjlang@wm.com
Waste Management
Photo: http://www.newscom.com/cgi-bin/prnh/20090219/WMLOGO http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
Waste Management
CONTACT: Jackie Lang of Waste Management, +1-503-705-0007, jjlang@wm.com
Web Site: http://www.wm.com/
Kosher Valley(TM) Named Best New Poultry
PLAINVILLE, N.Y., Nov. 4 /PRNewswire/ -- Kosher Valley(TM), http://www.koshervalleypoultry.com/, a new line of certified kosher antibiotic-free (ABF), vegetarian fed and humanely raised all-natural chicken and turkey products was named a 2009 Kosherfest New Products Competition Winner in the "Best New Meat, Seafood or Poultry" category for its Kosher Valley chicken breast cutlets. Kosherfest is the leading kosher food and beverage show in the US.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090710/NY44899LOGO )
"We are honored to be judged the best in our category and believe this confirms the superiority of our turkeys and chickens," said Harry Geedey, VP Marketing of Kosher Valley. "We believe that customers appreciate the unwavering quality we can offer, because of our sole commitment to antibiotic-free certified kosher, rather than offering ABF as a sideline," he added.
Unlike conventionally raised kosher poultry, Kosher Valley turkeys and chickens are fed a diet of pure corn and soybeans that is free of animal by-products. They are humanely raised with room to roam and ready access to vegetarian feed and fresh water at all times. All Kosher Valley products are certified by Rabbi Yechiel Babad and the Orthodox Union and produced in Plainville, New York.
Poultry that is raised on vegetarian diets with no antibiotics and room to roam is naturally flavorful with a taste that has been described as both clean and old-fashioned. Kosher Valley Turkey offers a full line of fresh and frozen whole young turkeys, as well as a variety of tray packs, including ground turkey. Kosher Valley Chicken offers a complete line of tray pack chicken as well as fresh or frozen chicken in four sizes.
Kosherfest used a professional judging panel of restaurateurs, grocers, and cookbook authors who sampled hundreds of new food kosher food entries to select the winners. One of the five judges was Chef Jeff Nathan, an award winning chef, author and TV personality, who specializes in kosher cuisine. When asked about his judging criteria, he said, "It's a pleasure to have kosher poultry free of antibiotics and hormones. The flavor is just where you want it to be, delicious, tender and moist. I feel fortunate that I'm using the Kosher Valley poultry exclusively at my restaurant Abigael's. This is a terrific product for the at home consumer, too. I like that it's sold in stores close to home."
Kosher Valley is joint venture between Pegasus Capital Advisors, L.P. and The Hain Celestial Group, Inc. . The Kosher Valley brand leverages the experience of longtime leaders in the ABF poultry category and unlike most kosher poultry companies, focuses exclusively on ABF poultry.
Kosherfest took place on October 27-28 at the Meadowlands Exposition Center in Secaucus, NJ.
Pegasus Capital Advisors
Pegasus Capital Advisors, L.P. is a private equity fund manager with offices in New York and Cos Cob, CT. Founded in 1995, Pegasus provides capital to middle market companies across a wide range of industries, and has particular interest in businesses that make a meaningful contribution to society by positively affecting the environment, contributing to sustainability and enabling healthy living. For more information, visit http://www.pcalp.com/.
The Hain Celestial Group
The Hain Celestial Group , headquartered in Melville, NY, is a leading natural and organic products company in North America and Europe. Hain Celestial participates in many all natural categories with well-known brands that include Celestial Seasonings®, Terra®, Garden of Eatin'®, Health Valley®, WestSoy®, Earth's Best®, Arrowhead Mills®, MaraNatha®, SunSpire®, DeBoles®, Gluten Free Cafe(TM), Hain Pure Foods®, Hollywood®, Spectrum Naturals®, Spectrum Essentials®, Walnut Acres Organic®, Imagine®, Rice Dream®, Soy Dream®, Rosetto®, Ethnic Gourmet®, Yves Veggie Cuisine®, Granose®, Realeat®, Linda McCartney®, Daily Bread(TM), Lima®, Grains Noirs®, Natumi®, JASON®, Zia® Natural Skincare, Avalon Organics®, Alba Botanica®, Queen Helene®, Tushies® and TenderCare®. Hain Celestial has been providing "A Healthy Way of Life(TM)" since 1993. For more information, visit http://www.hain-celestial.com/.
Photo: http://www.newscom.com/cgi-bin/prnh/20090710/NY44899LOGO
Kosher Valley
CONTACT: Patricia Shea, Vittles, +1-415-332-0840
Web Site: http://www.koshervalleypoultry.com/
AuraSound, Inc. Announces Results of Offer to Warrant Holders
SANTA FE SPRINGS, Calif., Nov. 4 /PRNewswire-FirstCall/ -- AuraSound, Inc. (BULLETIN BOARD: ARAU) (the "Company") today announced the results of the offer it made to certain of its warrant holders pursuant to the First Amended Offer to Modify Certain Outstanding Warrants filed with the Securities and Exchange Commission on Schedule TO/A on October 5, 2009. The offer expired at 9:00 p.m., Pacific Time, on Tuesday, November 3, 2009. All of the 17 warrant holders eligible to participate in the offer accepted the offer and signed and returned to the Company the Waiver, Release and Warrant Modification Agreement (the "Waiver Agreement") that was required to accept the offer. The Waiver Agreements were validly tendered and not withdrawn prior to the expiration of the offer.
AuraSound, Inc.
CONTACT: Arthur Liu of AuraSound, Inc., +1-562-447-1780
Kentucky First Federal Bancorp Releases Earnings
HAZARD, Ky. and FRANKFORT, Ky., Nov. 4 /PRNewswire-FirstCall/ -- Kentucky First Federal Bancorp , the holding company for First Federal Savings and Loan Association of Hazard and First Federal Savings Bank of Frankfort, Kentucky, announced a net loss of $362,000 or $(0.05) diluted earnings per share for the three months ended September 30, 2009, compared to net income of $312,000 or $0.04 diluted earnings per share for the three months ended September 30, 2008, a decrease of $674,000.
The decrease in net earnings for the quarter ended September 30, 2009 was primarily attributable to a provision for loan loss of $968,000 compared to a provision of $15,000 in the prior year's quarter. The provision was chiefly the result of the Company's establishing specific valuation reserves in response to deterioration in the financial position of a single borrower. Also contributing to the decrease in net earnings was a decrease in net interest income. Interest income decreased $237,000 or 7.6% from $3.1 million for the quarter ended September 30, 2008 to $2.9 million for the quarter just ended. While interest expense decreased on a quarter-to-quarter basis, the decrease of $194,000 or 12.4% was insufficient to offset the decrease in interest income. Interest expense was $1.4 million for the quarter just ended. FDIC premiums increased $36,000 or 600.0% to $42,000 for the quarter ended September 30, 2009, compared to $6,000 for the quarter ended September 30, 2008.
At September 30, 2009 assets had decreased $5.1 million or 2.1% to $235.8 million compared to $240.9 million at June 30, 2009. This decrease was attributed primarily to a decrease in cash and cash equivalents and investment securities, which resulted from the Company's efforts to effectively utilize liquidity by continuing its strategy of funding loans to the extent possible and then paying down borrowings. Also contributing to the decrease in assets was the increase in the allowance for loan and lease losses, which increased $921,000 or 135.8% to $1.6 million at September 30, 2009. FHLB advances decreased $6.2 million or 15.3% to $34.0 million at September 30, 2009. Funding for the borrowing reduction came primarily from maturing investment securities, which decreased $3.6 million or 17.4% to $17.0 million at September 30, 2009. Additional funding also came from an increase of $1.6 million or 1.1% in deposits, which totaled $141.3 million at September 30, 2009.
At September 30, 2009, the Company reported its book value per share as $7.35.
This press release may contain statements that are forward-looking, as that term is defined by the Private Securities Litigation Act of 1995 or the Securities and Exchange Commission in its rules, regulations and releases. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. All forward-looking statements are based on current expectations regarding important risk factors including, but not limited to, real estate values, the impact of interest rates on financing, changes in general economic conditions, legislative and regulatory changes that adversely affect the business of the Company, changes in the securities markets and the Risk Factors described in Item 1A of the Company's Annual Report on Form 10-K for the year ended June 30, 2009. Accordingly, actual results may differ from those expressed in the forward-looking statements, and the making of such statements should not be regarded as a representation by the Company or any other person that results expressed therein will be achieved.
Kentucky First Federal Bancorp is the parent company of First Federal Savings and Loan Association, which operates one banking office in Hazard, Kentucky and First Federal Savings Bank, which operates three banking offices in Frankfort, Kentucky. Kentucky First Federal Bancorp shares are traded on the Nasdaq National Market under the symbol KFFB. At September 30, 2009, the Company had approximately 7,867,000 shares outstanding of which approximately 60.1% was held by First Federal MHC.
SUMMARY OF FINANCIAL HIGHLIGHTS
Condensed Consolidated Statements of Financial Condition
September 30, June 30,
2009 2009
---- ----
(In thousands, except share data)
(Unaudited) (Audited)
Assets
Cash and Cash Equivalents $3,236 $4,217
Investment Securities 16,980 20,550
Loans Available for Sale -- 230
Loans Receivable, net 188,378 188,931
Other Assets 27,253 26,973
------ ------
Total Assets $235,847 $240,901
======== ========
Liabilities
Deposits $141,311 $139,743
FHLB Advances 34,005 40,156
Other Liabilities 2,729 2,608
----- -----
Total Liabilities 178,045 182,507
Shareholders' Equity 57,802 58,394
------ ------
Total Liabilities and Equity $235,847 $240,901
======== ========
Book Value Per Share $7.35 $7.42
===== =====
Condensed Consolidated Statements of Operations
(In thousands, except share data)
Three months ended September 30,
2009 2008
---- ----
(Unaudited)
Interest Income $2,894 $3,131
Interest Expense 1,366 1,560
----- -----
Net Interest Income 1,528 1,571
Provision for Losses on Loans 968 15
Non-interest Income 67 55
Non-interest Expense 1,177 1,146
----- -----
Income (Loss) Before Income Taxes (550) 465
Income Taxes (Benefit) (188) 153
---- ---
Net Income (Loss) $(362) $312
===== ====
Earnings (loss) per share:
Basic $(0.05) 0.04
====== ====
Diluted $(0.05) 0.04
====== ====
Weighted average outstanding shares:
Basic 7,564,576 7,692,010
========= =========
Diluted 7,564,576 7,692,010
========= =========
Kentucky First Federal Bancorp
CONTACT: Don Jennings, President, or Clay Hulette, Vice President, of Kentucky First Federal Bancorp, +1-502-223-1638
Web Site: http://www.ffsbfrankfort.com/
Kellogg Company Discontinues Immunity Statements On Rice Krispies Cereals
BATTLE CREEK, Mich., Nov. 4 /PRNewswire-FirstCall/ -- Kellogg Company today announced its decision to discontinue the immunity statements on Kellogg's Rice Krispies cereals.
Last year, Kellogg Company started the development of adding antioxidants to Rice Krispies cereals. This is one way the Company responded to parents indicating their desire for more positive nutrition in kids' cereal.
While science shows that these antioxidants help support the immune system, given the public attention on H1N1, the Company decided to make this change. The communication will be on pack for the next few months as packaging flows through store shelves. We will, however, continue to provide the increased amounts of vitamins A, B, C and E (25% Daily Value) that the cereal offers.
We will continue to respond to the desire for improved nutrition, and we are committed to communicating the importance of nutrition to our consumers.
Kellogg Company
CONTACT: Kellogg Company, +1-269-961-3799, media.hotline@kellogg.com
Web Site: http://www.kelloggcompany.com/
ARRIS to Present at Second Annual Needham Broadband TechDay
SUWANEE, Ga., Nov. 4 /PRNewswire-FirstCall/ -- ARRIS announced today that Company management will present at the Second Annual Needham Broadband TechDay at the Needham & Company Headquarters in New York, NY on Thursday, November 12, 2009, at approximately 11:00 a.m. EST. A live webcast will be available at http://www.wsw.com/webcast/needham34/arrs/.
The webcast will be archived for 90 days and the slide presentation will be posted on the ARRIS website, http://www.arrisi.com/, under Investor Relations at the time of the conference presentation and for future reference.
About ARRIS
ARRIS is a global communications technology company specializing in the design, engineering and supply of technology supporting quad-play broadband services for residential and business customers around the world. The company supplies broadband operators with the tools and platforms they need to deliver carrier-grade telephony, demand driven video, next-generation advertising, network and workforce management solutions, access and transport architectures and ultra high-speed data services. Headquartered in Suwanee, Georgia, USA, ARRIS has R&D centers in Suwanee; Beaverton, OR; Chicago, IL; Kirkland, WA; State College, PA; Wallingford, CT; Waltham, MA; Cork, Ireland; and Shenzhen, China, and operates support and sales offices throughout the world. Information about ARRIS products and services can be found at http://www.arrisi.com/.
ARRIS
CONTACT: Jim Bauer of ARRIS Investor Relations, +1-678-473-2647, jim.bauer@arrisi.com
Web Site: http://www.arrisi.com/
Synthetech Announces Date for Second Quarter Fiscal 2010 Earnings Release and Conference Call
ALBANY, Ore., Nov. 4 /PRNewswire-FirstCall/ -- Synthetech, Inc. (OTC Bulletin Board: NZYM) today announced it will issue second quarter financial results before the opening of the market on Tuesday, November 10, 2009. Following the release of its financial results, Synthetech will host a conference call at 1:30 p.m. PST. Dr. Gregory Hahn, President and CEO, along with Gary Weber, Vice President of Finance and CFO, will discuss results and be available to answer related questions.
The conference call can be accessed by dialing 877-524-1203 at 1:15 p.m. PST and entering code 413413. Replays of the audio only conference will be available after the call via the investor area of Synthetech's website at http://www.synthetech.com/.
About Synthetech
Synthetech, Inc., based in Albany, Oregon, is a fine chemicals company specializing in organic synthesis, biocatalysis and chiral technologies. We develop and manufacture amino acid derivatives, specialty amino acids, peptide fragments and proprietary custom chiral intermediates and specialty resins, primarily for the pharmaceutical industry. Synthetech produces advanced pharmaceutical intermediates in accordance with Current Good Manufacturing Practices (cGMP) in compliance with U.S. Food and Drug Administration (FDA) regulations. Our products support the development and manufacture of therapeutic peptides and peptidomimetic (peptide-like) small molecule drugs from early stages of a customer's clinical development through market launch and into commercial production. Synthetech's products also support the production of chemically-based medical devices. Synthetech's domestic and international customer base includes major pharmaceutical, contract drug synthesis firms, emerging biotechnology (virtual pharmaceutical) and medical device companies. We also supply catalog quantities of specialty amino acids to research institutions, universities and drug discovery firms.
MORE INFORMATION: Web site: http://www.synthetech.com/
E-mail: investor@synthetech.com
CONTACT: Gary Weber, CFO
PO Box 646
Albany, Oregon 97321
541 967-6575
Synthetech, Inc.
CONTACT: Gary Weber, CFO of Synthetech, Inc., +1-541-967-6575, investor@synthetech.com
Web Site: http://www.synthetech.com/
Government Fleet Sales and U-Haul Rentals Are a Winning Combination
KANSAS CITY, Mo., Nov. 4 /PRNewswire/ -- Shane O'Roark, owner of Government Fleet Sales, located at 7125 E. Front St., recently added U-Haul truck and trailer rentals to the preowned government-vehicle-sales business he has been offering nationwide since 1995.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090622/LA34860LOGO-b)
A photo accompanying this release is available at:
http://www.uhaul.com/about/pr_images.aspx?name=GovernmentFleetSales
Families needing the finest in moving services now will have increased convenience and a shorter distance to travel when moving, which not only will make their move easier but also will have the positive effect of reducing the amount of carbon emissions released into the atmosphere. U-Haul partnering with business owners across North America to increase convenience for customers while helping our environment is just one of the programs that support U-Haul Company's Corporate Sustainability initiatives.
Government Fleet Sales can now offer its customers a variety of moving equipment and supplies designed specifically for moving household furnishings, including moving vans, open trailers, closed trailers, furniture pads, appliance dollies, furniture dollies, tow dollies and auto transports. Government Fleet Sales also will offer sales items to protect their customers' belongings and make moving easier, such as heavy-duty boxes, which are made of up to 90 percent recycled content and are available in a variety of sizes.
"Partnering with U-Haul Company will mean a great opportunity for both businesses," O'Roark said.
"U-Haul is proud to be partnering with a quality independent business such as Government Fleet Sales," exclaimed Gary Wittkopp, president, U-Haul Company of Kansas. "Shane is a great example of the type of successful business relationship U-Haul has established in order to build and maintain a strong network of more than 15,000 independent dealers across North America."
For more information, or to rent your moving equipment today, call 816-231-2994. Visit http://www.government-fleet-sales.com/. Business hours of operation are: Mon. - Fri. 9 a.m. - 6 p.m. and Sat. 10 a.m. - 4 p.m.
Since 1945, U-Haul has been the best choice for the do-it-yourself mover, with a network of more than 15,800 locations in all 50 United States and 10 Canadian provinces. U-Haul customers' patronage has enabled the U-Haul fleet to grow to approximately 101,000 trucks, 76,000 trailers and 34,000 towing devices. U-Haul offers more than 395,000 rooms and approximately 35 million square feet of storage space at nearly 1,090 owned and managed facilities throughout North America. U-Haul is the consumer's number one choice as the largest installer of permanent trailer hitches in the automotive aftermarket industry. As one of the nation's largest retailers of propane, U-Haul supplies alternative-fuel for vehicles and backyard barbecues.
U-Haul was founded by a Navy veteran who grew up in the Great Depression. Tires and gas were still rationed or in short supply during the late 1940s when U-Haul began serving U.S. customers. Today, that background is central to the U-Haul Sustainability Program: "Serving the needs of the present without compromising the ability of future generations to meet their own needs." Our commitment to reduce, reuse and recycle includes fuel efficient moving vans, neighborhood proximity, moving box reuse, moving pads made from discarded material and packing peanuts that are 100 percent biodegradable. Learn more about these facts and others at http://www.uhaul.com/sustainability.
Contact:
Joanne Fried
Kelie Hale
U-Haul Public Relations
(602) 263-6194
(602) 263-6772 fax
Photo: http://www.newscom.com/cgi-bin/prnh/20090622/LA34860LOGO-b http://photoarchive.ap.org/ PRN Photo Desk, photodesk@prnewswire.com
U-Haul
CONTACT: Joanne Fried, or Kelie Hale, both of U-Haul Public Relations, +1-602-263-6194, fax, +1-602-263-6772
Web Site: http://www.uhaul.com/ http://www.government-fleet-sales.com/
The Search for the Funniest Vacation Story is On... And Your Ticket to an Amazing VacationEnter at YourFatChance.com for a Chance to Win Vacations and Cash Prizes; Tickle the Hippo to Send Deserving Families on a Dream Getaway
PARSIPPANY, N.J., Nov. 4 /PRNewswire/ -- Ever catch a flight to the wrong country? Have a hotel give you a squeegee to clean your bathroom after every shower? See an airline have pizza and fried chicken delivered to a plane because they ran out of food? If you have a story, Endless Vacations Rentals (EVR) wants to hear them via the Laugh Out Loud Vacation Contest.
Building off the success of its first contest, Endless Vacation Rentals (EVR) is turning its focus to funny vacation stories and giving away more than $40,000 USD in prizes.
Running now through Feb. 2, 2010, just click on http://www.yourfatchance.com/ and tell that travel story that made you laugh, cry or cringe - the only requirement is that it must be funny (and not lewd). The winner will receive a one-week vacation rental stay, valued at up to $5,000 USD, through EVRentals.com, plus $5,000 USD in cash. Second and third place winners will also receive a one-week vacation and cash in the amount of $2,500 USD and $1,000 USD, respectively. Just by voting for the best story consumers will be entered to win one of six, one-week vacations and cash prizes valued at up to $5,000 USD. And while you are at it, go to http://www.yourfatchance.com/ or text "LOL" to 95495 to tickle the Hippo (YourFatChance.com's mascot) and help Endless Vacation Rentals meet its goal of 100,000 tickles, sending two deserving families on a relaxing getaway.
Voting and tickling concludes on April 2, 2010. Winners will be announced the week of April 19, 2010. To enter a funny vacation story and view full contest rules, visit http://www.yourfatchance.com/.
About Endless Vacation Rentals
Endless Vacation Rentals, one of the Wyndham Worldwide family of brands , provides access to one of the largest collection of global vacation rentals in the industry, allowing travelers to browse from more than 200,000 accommodations. At http://www.evrentals.com/ it's as easy and convenient to search for, view availability, and book vacation rentals as booking typical hotel accommodations online. For more information on Endless Vacation Rentals or to book a vacation rental, visit http://www.evrentals.com/ or call 1-877-STAY-EVR (1-877-782-9387).
CONTACT: Judith HoSang, Weber Shandwick, +1-212-445-8122, Jhosang@webershandwick.com; or Leah Latour, Group RCI, +1-973-753-6560, Leah.Latour@rci.com
Endless Vacation Rentals
CONTACT: Judith HoSang, Weber Shandwick, +1-212-445-8122, Jhosang@webershandwick.com; or Leah Latour, Group RCI, +1-973-753-6560, Leah.Latour@rci.com
Web Site: http://www.yourfatchance.com/ http://www.evrentals.com/
Nickelodeon's TeenNick Commences Production on New Original Series GiganticDramedy About Being a Hollywood "It" Kid to be Executive Produced by Marti Noxon and Dawn Parouse Olmstead
NEW YORK, Nov. 4 /PRNewswire/ -- TeenNick, Nickelodeon's 24-hour TV network exclusively for and about teens, has commenced production on Gigantic, a new half-hour dramedy that takes a fictional look at the glitzy, chaotic and often hilarious life of being a Hollywood "it" kid. Shot at various locations around Los Angeles, Gigantic features an ensemble cast that includes Grace Gummer and Gia Mantegna as two of the lead characters in the 20-episode series.
(Photo: http://www.newscom.com/cgi-bin/prnh/20091104/NY05337 )
"Our audience loves celebrity and pop culture and Gigantic gives them a unique, relatable teen perspective on a world they rarely get to see," said Marjorie Cohn, Executive Vice President, Original Programming and Development, Nickelodeon.
Gigantic is the first original scripted show for TeenNick (formerly The N), since its September rebranding, and represents the network's second collaboration with award-winning production company Reveille. The series marks the first production from executive producers Marti Noxon's (Buffy the Vampire Slayer, Grey's Anatomy, Mad Men, Point Pleasant) and Dawn Parouse Olmstead's (Prison Break, Point Pleasant, Tru Calling) new company Grady Twins. Also on board as executive producers are Reveille's Carolyn Bernstein and Todd Cohen. Gigantic was first brought to the network by the brother and sister team of Ben and Debby Wolfinsohn. The series is set to premiere early 2010 on TeenNick.
Set in the world of the Hollywood elite packed with A-list parties and privilege, Gigantic tells a coming-of-age story infused with pop culture fame. It's not easy being teenagers growing up in the shadow of their parents' superstar status, and Gigantic skewers the celebrity machine while exposing the humanity and comedy beneath the glamour of Tinseltown. With an insider look behind the tabloids and gossip blogs, the series features an ensemble cast that includes: 17-year-old Anna (Gummer) and her younger brother Walt (Tony Oller), both kids of a famous movie star couple; Anna's best friend Piper (Jolene Purdy); frenemy Vanessa (Mantegna) and Anna's boy crush with a big secret Joey (Ryan Rottman).
Marti Noxon, whose television credits include Buffy the Vampire Slayer, Grey's Anatomy, Private Practice, Point Pleasant and Mad Men, is currently developing multiple projects for film and television, including Bang, starring Diane Keaton for HBO, Fright Night for Dreamworks Studios and Box City, starring Susan Sarandon and Topher Grace, which Noxon will direct. Noxon, a graduate of the theater department of UC Santa Cruz, currently lives in Hollywood with her husband and two children.
Brooklyn-native Dawn Parouse Olmstead most recently executive-produced all four seasons of Prison Break. Previously, Olmstead was Co-President/Partner of Adelstein-Parouse Production, developing and producing Prison Break and Point Pleasant, and is producing the film The Experiment with Forest Whitaker and Adrien Brody. Prior to that post, she joined forces with Original Film's Neal Moritz and Marty Adelstein to launch Original Television, producing the dramas Tru Calling and Still Life for 20th Century Fox Television. Formerly Vice President of Development and Original Programming at MTV, Olmstead started her career as a producer at Saturday Night Live and The Jon Stewart Show.
About Reveille
Reveille is a leading independent television studio with a major presence in scripted and unscripted television and digital entertainment, and a world leader in creating integrated marketing opportunities for advertisers. Reveille's scripted entertainment programming includes The Office and Kath and Kim (NBC), Ugly Betty (ABC) and The Tudors (Showtime). The company's roster of highly successful reality programming includes The Biggest Loser, American Gladiators, and Nashville Star (NBC), 30 Days (FX), Parental Control (MTV) and many more. Through its distribution arm, ShineReveille International, Reveille distributes its extensive library of high-quality programming, along with a broad array of programming acquired from independent producers and U.S. networks, to more than 150 countries. Reveille is part of the Shine Group, one of the world's foremost multinational entertainment and drama companies. The Shine Group also includes UK independent producers Kudos, Princess, Dragonfly and Shine TV.
About TeenNick
TeenNick, the 24-hour TV network exclusively for and about teens, is currently available in 66 million households via cable, digital cable and satellite, as well on mobile, VOD and broadband. TeenNick's distinct perspective connects its audience to the electricity and possibilities of teendom, anytime and anywhere, with original series and ever-popular favorites. TeenNick.com, paired with sister site Quizilla.com, makes TeenNick the #1 online destination for teens. TeenNick and all related titles, characters and logos are trademarks of Viacom International Inc.
Photo: http://www.newscom.com/cgi-bin/prnh/20091104/NY05337 http://photoarchive.ap.org/ AP PhotoExpress Network: PRN14 PRN Photo Desk, photodesk@prnewswire.com
Nickelodeon
CONTACT: Maggie Wang, Nickelodeon/NY, +1-212-846-6381, Maggie.wang@nick.com, or Lilah Kojoori, Nickelodeon/LA, +1-310-752-8206, Lilah.kojoori@mtvstaff.com
Web Site: http://www.nick.com/
Pioneer Bankshares, Inc. Announces 2009 3rd Quarter Earnings
STANLEY, Va., Nov. 4 /PRNewswire-FirstCall/ -- Pioneer Bankshares, Inc., (BULLETIN BOARD: PNBI) parent company of Pioneer Bank, reported net earnings of $935,000 as of September 30, 2009, as compared to $1.1 million for the same period last year. The decrease in earnings of approximately $175,000 is primarily attributed to additional FDIC insurance premiums and provision allocations that have been made for potential loan losses.
The Company had asset growth of approximately $4.0 million during the nine month period ended September 30, 2009. Investments in securities available for sale decreased by $263,000 for the period ending September 30, 2009, as compared to total securities available for sale at December 31, 2008. Investments in interest bearing deposits decreased by $3.9 million for the nine month period ending September 30, 2009 and investments in Federal Funds Sold increased by approximately $800,000 for the same period, as compared to balances as of December 31, 2008.
The Company's loan portfolio increased by approximately $5.6 million or 4.71% during the nine month period ending September 30, 2009, with the majority of this growth being in small to medium sized commercial and residential real estate loans. The deposit portfolio increased by $3.9 million or 2.99% during the same period, with the majority of this growth being in the category of interest bearing demand deposit accounts. The Company's capital position as of September 30, 2009 is approximately $17.6 million, or 11.01% as a percentage of total assets. The Company and its subsidiary, Pioneer Bank, continue to maintain capital ratios that meet and exceed regulatory requirements to be considered a well capitalized institution.
The Company's book value as of September 30, 2009 was $17.20 per share, as compared to a book value of $16.52 per share as of December 31, 2008. This represents an increase of 4.12%. Shareholder dividend payments for the first nine month period ending September 30, 2009 totaled $0.43 per share, and were the same as the dividend amount paid for the same period of 2008. Earnings per share as of September 30, 2009 were $0.91 compared to $1.09 for the same period last year.
Management recognizes that prevailing economic conditions may have the potential to adversely impact the Company's operational results, including future earnings, liquidity, and capital resources. Management continually monitors economic factors in an effort to promptly identify specific trends that could have a direct material effect on the Company.
Pioneer Bankshares, Inc. is a one-bank holding company headquartered in Page County, Virginia. It owns and operates Pioneer Bank with six banking locations. The Company's main branch and corporate office is located in Stanley, Virginia, with other branch locations in Shenandoah, Luray, Harrisonburg, Stanardsville, and Charlottesville, Virginia.
Additional financial highlights for the period ending September 30, 2009 are included in the table below.
PIONEER BANKSHARES, INC.
FINANCIAL HIGHLIGHTS
(In thousands, except for per share data)
Unaudited
For the Nine Month Period Ended
September 30,
Condensed Statement of Income 2009 2008
Interest and dividend income $7,064 $7,895
Interest expense 2,196 2,894
Net interest income 4,868 5,001
Provision for loan losses 710 292
Net interest income after provision for loan
losses 4,158 4,709
Non-interest income 994 924
Non-interest expense 3,793 3,971
Income before income taxes 1,359 1,662
Income tax expense 424 552
Net Income $935 $1,110
Per Share Information
Net income per share, basic and diluted $0.91 $1.09
Dividends per share 0.43 0.43
Book value per share 17.20 16.37
Balance Sheet Summary September 30, December 31,
2009 2008
Total Assets $160,110 $156,110
Total Deposits 132,838 128,978
Total Loans, Net of Unearned 124,836 119,225
Stockholders' Equity 17,627 16,805
Pioneer Bankshares, Inc.
CONTACT: Thomas R. Rosazza, President-CEO of Pioneer Bankshares, Inc., +1-540-778-2294
Web Site: http://www.pioneerbks.com/
US and European Banks Think Inflexible IT is a Top Barrier to Innovation
BANGALORE, India, BOSTON, Massachusetts and LONDON, November 4 /PRNewswire/ --
- Surveys by Finacle From Infosys Reveal Key Trends on Banking Innovation
Infosys Technologies Ltd today announced the unveiling of two
significant reports on banking innovation from surveys among senior bankers
in US and Europe. The detailed reports from the research studies are
available at:
http://www.infosys.com/finacle/usa/solutions/Innovation-in-Retail-Banking-
BAI.asp?cid=265
(Due to the length of this URL, it may be necessary to copy and paste
this hyperlink into your Internet browser's URL address field. Remove the
space if one exists.)
According to Haragopal Mangipudi, Global Head - Finacle,
Infosys Technologies Ltd, "The current economic conditions cast a long shadow
on the future and financial institutions would benefit immensely from insight
into leading indicators on growth and efficiency. Innovation has emerged as a
vital component for business strategy among banks and as a leading innovation
partner for banks across the globe, we are pleased to present these
findings."
The BAI and Finacle Research Series - Navigating in Turbulent
Times: Competing for Deposits and Relationships surveyed over 116 senior
bankers from over 100 financial institutions across the U.S. The whitepaper
reports that four out of five bankers rate innovation initiatives as
extremely or very important for their pursuit of growth and for improving
future efficiencies. Further, close to nine out of ten believe that IT will
be extremely or very important to innovation efforts.
Debbie Bianucci, President & Chief Executive Officer, BAI,
said, "The recent turbulent times have resulted in shifts in the banking
landscape as well as priorities and key initiatives of financial
institutions' executives. Innovation will play a key role as the financial
services industry focuses on efforts to rebuild consumer trust and
confidence, drive growth, reduce costs and enhance the customer experience.
The BAI and Finacle Research Series provides vital insights into the need for
banking innovation."
Infosys joined hands with European Financial Management &
Marketing Association (EFMA) for a survey on Innovation in Retail Banking
among banks across Europe. Senior management from 89 banks in 26 countries
across Europe contributed to the research. 78% of the banks in the survey
believed that the importance of innovation was high or very high for both
growth and efficiency. Inflexible IT systems and bottlenecks in IT
development were the top 2 barriers to innovation across all 3 regions.
Patrick Desmares, Secretary General, EFMA, said, "In this time
of crisis, there is a danger that banks will allow other priorities to slow
down the pace of innovation, but this is precisely the time when innovation
can lay the platform for future growth and efficiency. We found a huge amount
of interest in the subject of innovation when talking to banks across Europe,
and we hope that the insights we have been able to draw out of the research
prove useful."
As a leader in banking technology, Finacle(TM) has a global
footprint across 62 countries and has been acknowledged among leaders in the
core banking solution space by top analysts including Gartner and Forrester.
Finacle(TM) is also the winner of a series of awards for its innovation and
implementation capabilities, the most notable ones being The Banker
Technology Award, The Asian Banker IT Implementation Award and The Banking
Technology Judge's Special Award for 'Innovative Use of IT'.
About Finacle(TM) Universal Banking Solution
Finacle(TM) from Infosys helps banks WIN IN THE FLAT WORLD by
providing solutions and services that enable a shift in their strategic and
operational priorities. The offerings address the comprehensive
technology-led business transformation requirements of retail, corporate and
universal banks worldwide by maximizing their opportunities for growth, while
minimizing the risks that come with such large scale transformation. For more
information, visit http://www.infosys.com/finacle
About Infosys Technologies Ltd
Infosys (NASDAQ: INFY) defines, designs and delivers
IT-enabled business solutions that help Global 2000 companies win in a Flat
World. These solutions focus on providing strategic differentiation and
operational superiority to clients. With Infosys, clients are assured of a
transparent business partner, world-class processes, speed of execution and
the power to stretch their IT budget by leveraging the Global Delivery Model
that Infosys pioneered. Infosys has over 104,000 employees in over 50 offices
worldwide. Infosys is part of the NASDAQ-100 Index and The Global Dow. For
more information, visit http://www.infosys.com.
Infosys Technologies Ltd - Safe Harbor
Certain statements in this release concerning our future
growth prospects are forward-looking statements, which involve a number of
risks and uncertainties that could cause actual results to differ materially
from those in such forward-looking statements. The risks and uncertainties
relating to these statements include, but are not limited to, risks and
uncertainties regarding fluctuations in earnings, our ability to manage
growth, intense competition in IT services including those factors which may
affect our cost advantage, wage increases in India, our ability to attract
and retain highly skilled professionals, time and cost overruns on
fixed-price, fixed-time frame contracts, client concentration, restrictions
on immigration, industry segment concentration, our ability to manage our
international operations, reduced demand for technology in our key focus
areas, disruptions in telecommunication networks or system failures, our
ability to successfully complete and integrate potential acquisitions,
liability for damages on our service contracts, the success of the companies
in which Infosys has made strategic investments, withdrawal of governmental
fiscal incentives, political instability and regional conflicts, legal
restrictions on raising capital or acquiring companies outside India, and
unauthorized use of our intellectual property and general economic conditions
affecting our industry.
Additional risks that could affect our future operating
results are more fully described in our United States Securities and Exchange
Commission filings including our Annual Report on Form 20-F for the fiscal
year ended March 31, 2009 and on Form 6-K for the quarter ended June 30,
2009. These filings are available at http://www.sec.gov. Infosys may, from
time to time, make additional written and oral forward-looking statements,
including statements contained in the company's filings with the Securities
and Exchange Commission and our reports to shareholders. The company does not
undertake to update any forward-looking statements that may be made from time
to time by or on behalf of the company.
About BAI
BAI is the financial services industry's partner for breakthrough
information and intelligence needed to innovate and stay relevant in an
evolving marketplace. For more than 80 years, BAI has focused on advancing
the industry by offering unbiased education and research. BAI's offerings are
as diverse as the industry, and include premier events such as BAI Retail
Delivery Conference & Expo, ground-breaking research and performance
metrics, professional learning and development programs, and in-depth
editorial coverage through BAI Banking Strategies. Visit http://www.BAI.org
for more information, or follow BAI on Twitter at
http://twitter.com/BAI_Info. BAI is Bank Administration Institute and BAI
Center.
About EFMA
Efma promotes innovation in retail finance in Europe by fostering debate
and discussion among the main players involved in change. Formed in 1971,
Efma comprises 2,960 different brands in financial services worldwide today,
including 80% of the largest European banking groups.
Through regular events, publications, and its comprehensive website, the
association provides retail financial service professionals with answers to
their questions about the main issues at stake in their business: multiple
distribution strategies, customer approach, CRM, product and service
marketing and improving profitability.
Efma is above all a dynamic association, providing a great
opportunity for discussion and exchanges without any commercial constraints.
It provides its members with a wide range of exclusive services as well as
discount rates on non-gratuitous activities. The loyalty of its members as
well as their permanent financial support are the best proof of its
efficiency. http://www.efma.com
For more information please contact:
Infosys Press Office - India
Mickey Bopanna
Corporate Voice Weber Shandwick
+91-9980-616-521
mickey@corvoshandwick.co.in
Infosys Press Office - United States
Jyotsna Grover
BitePR
+1-408-569-5456
Jyotsna.Grover@bitepr.com
Infosys Press Office - Europe
Shamima Begum
Golin Harris
+44(0)20-7067-0469
sbegum@golinharris.com
Infosys Technologies Limited
For more information please contact: Infosys Press Office - India: Mickey Bopanna, Corporate Voice Weber Shandwick, +91-9980-616-521, mickey@corvoshandwick.co.in; Infosys Press Office - United States: Jyotsna Grover, BitePR, +1-408-569-5456, Jyotsna.Grover@bitepr.com; Infosys Press Office - Europe: Shamima Begum, Golin Harris, +44(0)20-7067-0469, sbegum@golinharris.com
P&G Recognizes Top Performing Global Suppliers
CINCINNATI, November 4 /PRNewswire/ --
- Awards acknowledge performance, collaboration and partnership
The Procter & Gamble Company (NYSE: PG) hosted its annual supplier awards
event last night recognizing the company's top performing suppliers.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090115/CLTH035LOGO-a )
"P&G's growth strategy is to touch and improve more consumers' lives in
more parts of the world more completely," said Bob McDonald, P&G's president
and chief executive officer, while speaking to suppliers attending the
Company's annual supplier awards dinner. "This strategy is inspired by P&G's
Purpose and it can only be executed in partnership with our suppliers. We are
all focused on touching and improving lives, which requires us - together --
to innovate, to streamline and improve the supply chain, to simplify the way
we work, and to create sustainable solutions that improve lives today and for
generations to come."
Receiving highest honors as "Supplier of the Year" for 2009 recipients
among P&G's 80,000 suppliers were:
- BASF SE of Ludwigshafen, Germany, providing strategic chemicals and
chemical innovations for P&G's laundry, fabric care and beauty
businesses;
- The Cly-Del Manufacturing Co. of Waterbury, Connecticut providing
battery parts to P&G's Duracell business in North America;
- Evonik Industries of Essen, Germany provides strategic chemicals and
ingredients to P&G's laundry and diaper businesses;
- Havpak, Inc. from King of Prussia, Pennsylvania and a certified
woman-owned business provides P&G with packaging, assembly and contract
manufacturing services;
- Jones Lang LaSalle of Chicago, Illinois providing facilities management
services to P&G's office and laboratory locations worldwide.
- Novozymes of Bagsvaerd, Denmark is a strategic enzyme supplier for
P&G's laundry and cleaning products;
- RockTenn of Norcross, Georgia is a strategic packaging, customization
and display supplier to a number of P&G businesses around the world.
This was the second consecutive year of distinction for The Cly-Del
Manufacturing Co., Jones Lang LaSalle and Novozymes as "Supplier of the Year"
recipients. These companies achieved this recognition by consistently scoring
the highest in broad based quantitative and qualitative evaluations by P&G
employees throughout the supply chain.
"From market changing innovation to supply chain excellence, our supplier
partners are foundational for building a stronger future," said Rick Hughes,
vice president of Global Purchases. "P&G is at our best when we have fostered
relationships with our external business partners that enable collaboration
in achieving our mutual goals, addressing challenges, and delivering ongoing
innovation."
In addition to the select few "Supplier of the Year" awards, all
companies performing consistently at high levels within P&G's internal
supplier performance management system earned the "Corporate Supplier
Excellence Award." The 55 suppliers receiving this distinction were:
Accenture LLP
Albany International Corp.
BASF SE
Berman Printing
Bischof+Klein
CCL Label
CLEVERTECH SRL
Cosmint S.p.a.
D.Cloostermans-Huwaert N.V.
Ernst & Young
Evonik Industries
Farm Frites International B.V.
Fastenal Company
Fibertex Nonwovens
FREJA Transport & Logistics A/S
GoIndustry DoveBid
Havpak, Inc.
Hayco Ltd.
HEINZ-GLAS, GERMANY
Hewlett-Packard
Hooven-Dayton Corporation
HPV Engineering s.r.o.
International Flavors & Fragrances Inc.
Interscope Mfg., Inc.
JC Fiolet
Jones Lang LaSalle
Lingemann GmbH
Millennium Specialty Chemicals
Nelson Packaging Company Inc.
Nippon Shokubai Company Limited
Nordson Corporation
Novozymes
PAX Australia / One Asia
PEGAS NONWOVENS
Premiere Packaging, Inc.
Promotion Execution Partners
PT Ciptakemas Abadi
Quality Associates, Inc.
RKW SE
RockTenn
Sandler AG-Schwarzenbach / Germany
Sasol Olefins & Surfactants
Schneider National Carriers, Inc.
Smith Transport, Inc.
Spedition Services Limited
Superior Bulk Logistics
Tanax, Inc
Technimark LLC
The Cly-Del Manufacturing Co.
The Oregon Potato Company
The Specialized Packaging Group, Inc.
Time Release Sciences Inc.
Toyo Aerosol Industry Co., Ltd.
Transportadora Jolivan
Zhongrong Products of Paper Printing
"I want to acknowledge the tremendous contributions and commitments that
our external business partners make to help us achieve our strategies and
goals, as well as extend similar appreciation to the thousands of suppliers
across the world that were not award recipients but still work very hard to
help P&G touch and improve more consumer lives more completely," said
McDonald.
About Procter & Gamble
Four billion times a day, P&G brands touch the lives of people around the
world. The company has one of the strongest portfolios of trusted, quality,
leadership brands, including Pampers(R), Tide(R), Ariel(R), Always(R),
Whisper(R), Pantene(R), Mach3(R), Bounty(R), Dawn(R), Gain(R), Pringles(R),
Charmin(R), Downy(R), Lenor(R), Iams(R), Crest(R), Oral-B(R), Duracell(R),
Olay(R), Head & Shoulders(R), Wella(R), Gillette(R), Braun(R) and Fusion(R).
The P&G community includes approximately 135,000 employees working in about
80 countries worldwide. Please visit http://www.pg.com for the latest news
and in-depth information about P&G and its brands.
The Procter & Gamble Company
Tressie Long of P&G, +1-513-983-7720, long.t.6@pg.com
Borders(R) Debuts New e-Gift Cards in a Variety of Designs, Colors for Virtually Any Occasion
ANN ARBOR, Mich., Nov. 4 /PRNewswire/ -- Borders® is introducing customizable e-gift cards for virtually any occasion--from major holidays and milestones to those "just because" times when customers want to express a heartfelt wish or message. Available online at http://www.borders.com/giftcards in a variety of colors and creative designs, e-gift cards can be quickly created and delivered to recipients via e-mail within 24 hours. The cards are instantly redeemable online at Borders.com and in stores nationwide, and like traditional Borders gift cards, there are no fees associated with e-gift cards, and they never expire.
(Logo: http://www.newscom.com/cgi-bin/prnh/20060208/BORDERSLOGO)
Creating an e-gift card can be done in a matter of a few minutes, providing last-minute shoppers with the peace of mind knowing they can create and send a card as late as Christmas Eve and still have it delivered by Christmas. To create the card, shoppers simply choose the denomination of the card, enter the recipient's name and e-mail address, create the e-gift card message, select a design and make the purchase--and the e-gift card will be conveniently delivered to the recipient's e-mail box.
For added convenience, customers shopping at their favorite Borders superstore can order and purchase e-gift cards for their friends and loved ones at one of the self-serve Borders.com kiosks located in the store.
Avid readers will love the instant gratification of immediately redeeming their e-gift cards on Borders.com. They can, of course, also use the e-card in Borders stores nationwide by simply providing the unique e-card number to the store associate at checkout. The e-cards are also displayable on Internet-enabled mobile devices, enabling customers to conveniently show their e-card number via the device to the store associate.
About Borders Group, Inc.
Headquartered in Ann Arbor, Mich., Borders Group, Inc. is a leading specialty retailer of books as well as other educational and entertainment items. The company employs approximately 25,000 throughout the U.S., primarily in its Borders® and Waldenbooks® stores. Online shopping is offered through borders.com. Find author interviews and vibrant discussions of the products we and our customers are passionate about online at facebook.com/borders, twitter.com/bordersmedia and youtube.com/bordersmedia. For more information about the company, visit borders.com/media.
Photo: http://www.newscom.com/cgi-bin/prnh/20060208/BORDERSLOGO
Borders
CONTACT: Mary Davis, +1-734-477-1374, mdavis4@bordersgroupinc.com
Web Site: http://www.borders.com/
CALC Decides to Appeal Staff Determination Regarding Nasdaq Delisting- The Company's common stock will remain listed during the interim
IRVINE, Calif., Nov. 4 /PRNewswire-FirstCall/ -- California Coastal Communities, Inc. announced today that it will appeal the previously announced October 28, 2009 delisting determination of the Nasdaq Stock Market Listing Qualifications Staff indicating the Staff's decision to delist the Company's common stock from the Nasdaq Stock Market due to the Company's recent filing of a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code pursuant to which the Company is seeking to extend the maturity dates and change the repayment schedules for its approximately $182 million of Brightwater credit facilities in order to repay the debt in full in 2013 based on currently expected home sales over the next four years.
The Company has requested an oral hearing to appeal the proposed delisting, and its common stock will remain listed on the Nasdaq Stock Market pending the outcome of the hearing.
The Company is a residential land development and homebuilding company operating in Southern California. The Company's principal subsidiaries are Hearthside Homes which is a homebuilding company, and Signal Landmark which owns 105 acres on the Bolsa Chica mesa where sales commenced in August 2007 at the 356-home Brightwater community. Hearthside Homes has delivered 2,200 homes to families throughout Southern California since its formation in 1994.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Certain of the foregoing information contains forward-looking statements that relate to future events or the Company's future financial performance. These statements involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of such terms or other comparable terminology. These forward-looking statements include, but are not limited to, statements about the Company's plans, objectives, goals, expectations and intentions, the number and types of homes and number of acres of land that the Company may develop and sell, the timing and outcomes of any such development, the timing and outcomes of court proceedings, lender negotiations, regulatory approval processes or administrative proceedings, cash flows or sales, and other statements contained herein that are not historical facts.
California Coastal Communities, Inc.
CONTACT: Raymond J. Pacini, Chief Executive Officer of California Coastal Communities, Inc., +1-949-250-7781
KMC On Demand(SM) Offers Podcasting Capability
ATLANTA, Nov. 4 /PRNewswire-FirstCall/ -- KMC On Demand has added convenient-to-use podcasts as an educational tool to its already extensive suite of online property and casualty courses and services.
"Workplace learning has become even more strategic in keeping a competitive advantage than ever before," said Colm Keenan, vice president of knowledge management for KMC On Demand. "Individuals need to learn more efficiently and be able to easily access information and references. With podcasts, KMC On Demand is continuing the critical process of bringing knowledge to adjusters when and how they need it."
Podcasting affords adjusters the luxury of downloading important information anytime, so they can take it beyond the office on an MP3 player. The KMC podcasts offer adjusters quick tips, course summaries, industry news and expert interviews, among other information, in a convenient audio format.
"The main thrust of this is to make sure that you obtain the training you need and that you constantly improve," said Philip Porter, senior vice president of U.S. Property and Casualty for Crawford & Company. "Performance improvement drives business results and business results drive opportunities for all of us." KMC On Demand is part of Crawford Educational Services, and Crawford offers its online capabilities to its own adjusters.
KMC On Demand's podcast capability is an enhancement provided through the development of Web 2.0 communication tools. In the next year, KMC On Demand plans to implement enhancements such as wikis, blogs and virtual classrooms.
Crawford Educational Services is a full-service provider of classroom, online and blended (classroom and online combined) educational opportunities for claims professionals. KMC On Demand serves employees, clients and the property and casualty industry on a unique platform that marries cutting-edge knowledge management technology with vetted and customized insurance courses and performance support information that adjusters can easily reference. To learn more, visit kmcondemand.com.
About Crawford
Based in Atlanta, Georgia, Crawford & Company (NYSE: CRDA; CRDB) (http://www.crawfordandcompany.com/) is the world's largest independent provider of claims management solutions to the risk management and insurance industry as well as self-insured entities, with a global network of more than 700 locations in 63 countries. The Crawford System of Claims Solutions(SM) offers comprehensive, integrated claims services, business process outsourcing and consulting services for major product lines including property and casualty claims management, workers' compensation claims and medical management, and legal settlement administration. The Company's shares are traded on the NYSE under the symbols CRDA and CRDB.
Crawford & Company
CONTACT: Stephanie Zercher of Crawford & Company, +1-404-300-1908, stephanie_zercher@us.crawco.com
Web Site: http://www.crawfordandcompany.com/
Northern Oil and Gas, Inc. Closes $59.3 Million Registered Direct Common Stock Offering
WAYZATA, Minn., Nov. 4 /PRNewswire-FirstCall/ -- Northern Oil and Gas, Inc. (NYSE Amex: NOG) ("Northern Oil") today announced that it has closed on its previously-announced registered direct offering of 6,500,000 shares of its common stock at $9.12 per share, resulting in gross proceeds of approximately $59.3 million. Canaccord Adams Inc. acted as lead placement agent for the offering. FIG Partners, LLC acted as co-placement agent for the offering.
Northern Oil expects to use the net proceeds from the offering to repay the current borrowings under its revolving credit facility, to pursue acquisition opportunities and for other working capital purposes.
The offering was conducted pursuant to Northern Oil's effective shelf registration statement previously filed with the Securities and Exchange Commission (the "SEC"). This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Any offer will be made only by means of a prospectus, including a prospectus supplement, forming a part of the effective shelf registration statement. Copies of the final prospectus, including the prospectus supplement, can be obtained at the SEC's website, http://www.sec.gov/, or by written request to Northern Oil and Gas, Inc. at 315 Manitoba Avenue, Suite 200, Wayzata, MN, 55391, Attention Investor Relations.
ABOUT NORTHERN OIL AND GAS, INC.
Northern Oil is an exploration and production company based in Wayzata, Minnesota with activities focused primarily in the Rocky Mountain Region of the United States, specifically the Williston Basin. More information about Northern Oil can be found at http://www.northernoil.com/ or by calling investor relations at 772-219-7525.
SAFE HARBOR
This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Securities Act of 1933 (the "Securities Act") and the Securities Exchange Act of 1934 (the "Exchange Act"). All statements other than statements of historical facts included in this press release regarding our financial position, business strategy, plans and objectives of management for future operations, industry conditions, and indebtedness covenant compliance are forward-looking statements. When used in this report, forward-looking statements are generally accompanied by terms or phrases such as "estimate," "project," "predict," "believe," "expect," "anticipate," "target," "plan," "intend," "seek," "goal," "will," "should," "may" or other words and similar expressions that convey the uncertainty of future events or outcomes. Items contemplating or making assumptions about expected use of proceeds, actual or potential future sales, market size, collaborations, and trends or operating results also constitute such forward-looking statements.
Forward-looking statements involve inherent risks and uncertainties, and important factors (many of which are beyond Northern Oil's control) that could cause actual results to differ materially from those set forth in the forward-looking statements, including the following, general economic or industry conditions, nationally and/or in the communities in which Northern Oil conducts business, changes in the interest rate environment, legislation or regulatory requirements, conditions of the securities markets, our ability to raise capital, changes in accounting principles, policies or guidelines, financial or political instability, acts of war or terrorism, other economic, competitive, governmental, regulatory and technical factors affecting Northern Oil's operations, products, services and prices.
We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control.
CONTACT:
Investor Relations
772-219-7525
Northern Oil and Gas, Inc.
CONTACT: Investor Relations, +1-772-219-7525
Web Site: http://www.northernoil.com/
Aflac Partners with ScottsMiracle-Gro for NASCAR Races in 2010Scotts Makes Leap Back Into Sprint Cup with Sponsorship of Carl Edwards
COLUMBUS, Ga., Nov. 4 /PRNewswire/ -- Aflac, primary sponsor of Carl Edwards and the No. 99 Aflac Ford Fusion, has announced a partnership with ScottsMiracle-Gro, giving the company primary sponsorship for six Sprint Cup races in the 2010 season. The partnership extends Scotts relationship with Carl Edwards, who earned his first Sprint Cup victory in 2005 in the Scotts-sponsored car.
Scotts currently is the co-primary sponsor of Carl Edwards in the NASCAR Nationwide Series.
"Aflac and Scotts are two great companies that have supported me during my career," said Edwards. "I earned my first Cup victory in a Scotts car and am looking forward to driving for them again in the Sprint Cup Series in 2010."
"Our involvement in NASCAR not only allows us to sponsor a premier driver in Carl Edwards, but also affords us the opportunity to team up with premier brands such as Scotts," said Keith Farley, Motorsports Marketing Manager at Aflac. "This is truly a winning partnership for everyone involved."
The Scotts paint schemes will appear on the No. 99 Ford Fusion for the following races: Daytona Shootout (February), Atlanta Motor Speedway (March), Bristol Motor Speedway (March), Texas Motor Speedway (April), Richmond International Raceway (May), and Charlotte Motor Speedway (May).
"The Scotts Company is thrilled to partner with Aflac, Carl Edwards and get back into Cup racing," said Jim Shertzer, Sponsorship Manager at The Scotts Company. "Our company has a great relationship with Carl Edwards and we're excited to kick-off spring in Daytona in the Scotts Turf Builder car in 2010."
The 2010 season will mark the sixth consecutive season that Edwards will compete full time in both the Nationwide and Sprint Cup Series.
About Aflac
For more than 50 years, Aflac products have given policyholders the opportunity to direct cash where it is needed most when a life-interrupting medical event causes financial challenges. As the number one provider of guaranteed-renewable insurance in the United States and the number one insurance company in terms of individual insurance policies in force in Japan, Aflac insurance products provide protection to more than 40 million people worldwide. Aflac has been recognized by Ethisphere magazine as one of the World's Most Ethical Companies for three consecutive years and was also named by the Reputation Institute as the Most Reputable Company in the Global Insurance Industry for two consecutive years. In 2009 Fortune magazine recognized Aflac as one of the 100 Best Companies to Work For in America for the eleventh consecutive year. Fortune magazine also ranked Aflac No. 1 on its global list of the Most Admired Companies in the Life and Health Insurance category. Aflac appears on Hispanic Enterprise magazine's list of the 50 Best Companies for Supplier Diversity and on Black Enterprise magazine's list of the 40 Best Companies for Diversity. Aflac was also named by Forbes magazine as America's Best-Managed Company in the Insurance category. Aflac Incorporated is a Fortune 500 company listed on the New York Stock Exchange under the symbol AFL. To find out more about Aflac, visit aflac.com.
About ScottsMiracle-Gro
With nearly $3 billion in worldwide sales and more than 8,000 associates, The Scotts Miracle-Gro Company, through its wholly-owned subsidiary, The Scotts Company LLC, is the world's largest marketer of branded consumer products for lawn and garden care, with products for professional horticulture as well. The Company's brands are the most recognized in the industry. In the U.S., the Company's Scotts®, Miracle-Gro®, and Ortho® brands are market-leading in their categories, as is the consumer Roundup® brand, which is marketed in North America and most of Europe exclusively by Scotts and owned by Monsanto. In the U.S. the company operates Scotts LawnService®, the second largest residential lawn care service business. In Europe, the Company's brands include Weedol®, Pathclear®, Evergreen®, Levington®, Miracle-Gro®, KB®, Fertiligene® and Substral®. For additional information, visit us at http://www.scotts.com/.
About Roush Fenway Racing
Roush Fenway Racing is NASCAR's largest team operating nine motorsports teams. Five teams in the NASCAR Sprint Cup Series with drivers Matt Kenseth, Jamie McMurray, Greg Biffle, Carl Edwards and David Ragan; three teams (with seven drivers) in the Nationwide Series with Kenseth, Biffle, Edwards, Ragan, Erik Darnell, Ricky Stenhouse Jr. and Colin Braun; and one in the Camping World Truck Series with Braun. For more information on any of the Roush Fenway Racing teams, log on to http://www.roushfenway.com/. For sponsorship inquiries, please contact Robin Johnson at (704)720-4645.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090422/CL03654LOGO )
Media Contacts:
Tim Turner
Aflac Incorporated
706.243.5594
trturner@aflac.com
Photo: http://www.newscom.com/cgi-bin/prnh/20090422/CL03654LOGO
Aflac
CONTACT: Tim Turner of Aflac Incorporated, +1-706-243-5594, trturner@aflac.com
Web Site: http://www.aflac.com/
Illinois Tool Works Acquires Hartness International
GLENVIEW, Ill., Nov. 4 /PRNewswire-FirstCall/ -- Illinois Tool Works Inc. today announced that it has acquired the assets of Greenville, SC-based Hartness International. The company's core business includes line integration, conveyor systems, and line automation for the beverage and food industries. Terms of the transaction were not disclosed.
Hartness International will be a wholly owned business unit of ITW and part of the company's consumer packaging group. In accordance with ITW's decentralized business structure, Hartness International will maintain its brand name and operate as a separate business.
"Hartness International is an important strategic step to grow our consumer packaging business," said ITW Executive Vice President Tim Gardner. "This acquisition complements our existing businesses and will broaden our presence in the consumer packaging market. We will be able to offer our customers a wider range of products and solutions. Hartness is a well-managed, growing business focused on innovation and customer service."
With $17.1 billion in 2008 revenues, ITW is a multinational manufacturer of a diversified range of value-adding and short lead-time industrial products and equipment. The Company consists of 895 business units in 54 countries and employs some 59,000 people.
Illinois Tool Works Inc.
CONTACT: Alison Donnelly of Illinois Tool Works Inc., +1-847-657-4565, adonnelly@itw.com
Web Site: http://www.itw.com/
Frito-Lay's TrueNorth Brand Shines the Spotlight on Inspirational 'True North' StoriesNew York Resident Karen Torrie Named TrueNorth Brand's Latest Story of the Month
PLANO, Texas, Nov. 4 /PRNewswire/ -- Inspired by the belief that everyone has a passion in life, TrueNorth, PepsiCo's Frito-Lay division's popular line of 100% natural nut snacks, is recognizing real people who have pursued their life's passions or their "true north," through the brand's "TrueNorth Story of the Month" campaign. For the month of September, the TrueNorth brand is recognizing the inspirational story of Karen Torrie, a volunteer firefighter and EMT.
A wife and mother of two, Karen's true north is helping her community as a volunteer firefighter and EMT. At the age of 44, Karen decided that she wanted to give back to her community, a suburb of Niagara Falls, and followed her husband's example by becoming a volunteer firefighter. After 86 hours of intense training including everything from hazmat to search and rescue training, Karen graduated and is now a firefighter and EMT. Today, she carries a pager and responds to calls all hours of the day and night. Through effort and hard work, Karen has fought several local fires including a recent fire that lasted for over eight hours.
"My husband has been a volunteer for a fire company for the past twenty years and watching him really inspired me to step out of my comfort zone and follow my passion for serving my community," shared Torrie. "I'm not the typical firefighter because I'm a woman and over the age of 40; I hope my story motivates more women to get involved in firefighting and encourages them to follow their passion whatever it might be."
"For most of us, it's hard to imagine risking our lives for strangers," said Michelle Rule, Director of marketing, TrueNorth brand, Frito-Lay North America. "Karen's passion for her community and firefighting truly inspired us. We're excited to spotlight her story and the incredible work she does -- all on a volunteer basis."
The TrueNorth brand encourages consumers to continue to submit a written essay that describes how they are pursuing their life's passions through the brand's website - http://www.truenorthsnacks.com/. The brand will select a "Story of the Month" each month through December that will be prominently featured on the web site. In addition to being featured online, the recipient of "Story of the Month" will be awarded a $1,000 grant and a passion pack to help in the pursuit of his or her passion.
After a nationwide search last year for the most inspiring story in America, TrueNorth selected Lisa Nigro, founder of Inspiration Cafe, and featured her in a sixty-second commercial that made its debut in February during a nationally broadcast awards ceremony. More than two thousands stories were submitted from across the country that featured amazing individuals who are pursuing their life's passion and impacting the people around them.
TrueNorth is a contemporary brand of 100% natural nut snacks that followed its passion to take a simple nut and make an extraordinary snack. The TrueNorth brand believes everyone has a singular passion in life that can leave a legacy, empower others or simply make the world a more interesting place to live. By showcasing these powerful stories, TrueNorth hopes to inspire people to find the passion that drives them to turn the ordinary into the extraordinary.
Frito-Lay North America is the $12 billion convenient foods business unit of PepsiCo , which is headquartered in Purchase, NY. In addition to Frito-Lay, PepsiCo business units include Pepsi-Cola, Quaker Foods, Gatorade and Tropicana. Learn more about Frito-Lay at the corporate Web site, http://www.fritolay.com/ , the Snack Chat blog, http://www.snacks.com/ and on Twitter at http://www.twitter.com/fritolay.
PepsiCo offers the world's largest portfolio of billion-dollar food and beverage brands, including 18 different product lines that each generate more than $1 billion in annual retail sales. Our main businesses - Frito-Lay, Quaker, Pepsi-Cola, Tropicana and Gatorade - also make hundreds of other nourishing, tasty foods and drinks that bring joy to our consumers in over 200 countries. With more than $43 billion in 2008 revenues, PepsiCo employs 198,000 people who are united by our unique commitment to sustainable growth, called Performance with Purpose. By dedicating ourselves to offering a broad array of choices for healthy, convenient and fun nourishment, reducing our environmental impact, and fostering a diverse and inclusive workplace culture, PepsiCo balances strong financial returns with giving back to our communities worldwide. For more information, please visit http://www.pepsico.com/.
Contact:
Aurora Gonzalez
Frito-Lay
(972) 334-3821
Frito-Lay
CONTACT: Aurora Gonzalez of Frito-Lay, +1-972-334-3821
Web Site: http://www.fritolay.com/ http://www.snacks.com/ http://twitter.com/fritolay http://www.truenorthsnacks.com/ http://www.pepsico.com/
Evolution Petroleum Announces Fiscal First Quarter 2010 Earnings Release and Conference Call Schedule
HOUSTON, Nov. 4 /PRNewswire-FirstCall/ -- Evolution Petroleum Corporation (NYSE Amex: EPM) announced today that it will release its fiscal first quarter 2010 financial and operations results at approximately 6:00 a.m. Eastern on Thursday, November 12, 2009. In conjunction with the release, the Company has scheduled a conference call, which will also be broadcast live over the Internet, on Thursday, November 12 at 11:00 a.m. Eastern (10:00 a.m. Central). The call will be hosted by Robert Herlin, CEO, and Sterling McDonald, CFO.
What: Evolution Petroleum Fiscal First Quarter 2010 Earnings Conference
Call
When: Thursday, November 12, 2009 at 11:00 a.m. Eastern (10:00 a.m.
Central)
How: Live via phone - by dialing 480-629-9820 and asking for the
Evolution call at least 10 minutes prior to the start time, or
Live over the Internet - By logging onto the web at the address
below
Where: http://www.evolutionpetroleum.com/
For those who cannot listen to the live call, a telephonic replay will be available through November 19, 2009 and may be accessed by calling 303-590-3030 and using the pass code 4181633#. Also, an archive of the webcast will be available after the call on the Company's website.
About Evolution Petroleum
Evolution Petroleum Corporation (http://www.evolutionpetroleum.com/) acquires known, onshore oil and gas resources and applies conventional and specialized technology to accelerate production and develop incremental reserves and value. The Company is well positioned to continue its development projects in CO2 based EOR, bypassed resources and low cost shale gas. Principal assets as of July 1, 2009 include 3.9 MMBOE of proved and probable reserves in the Giddings Field of Central Texas, 0.5 MMBO of proved and unproved reserves with 79 additional locations in South Texas, 13.6 MMBO of probable reserves in the Delhi CO2-EOR project in northeast Louisiana, 17,600 net acres of leases in shallow gas shale in Eastern Oklahoma and our proprietary artificial lift technology.
Additional information, including the Company's annual report on Form 10-K and its quarterly reports on Form 10-Q, can be accessed on its website.
Company Contact:
Sterling McDonald, VP & CFO
(713) 935-0122
smcdonald@evolutionpetroleum.com
Lisa Elliott / lelliott@drg-e.com
Jack Lascar / jlascar@drg-e.com
DRG&E / 713-529-6600
Evolution Petroleum Corporation
CONTACT: Sterling McDonald, VP & CFO of Evolution Petroleum Corporation, +1-713-935-0122, smcdonald@evolutionpetroleum.com; or Lisa Elliott, lelliott@drg-e.com, or Jack Lascar, jlascar@drg-e.com, both of DRG&E, +1-713-529-6600, for Evolution Petroleum Corporation
Web Site: http://www.evolutionpetroleum.com/
US and European Banks Think Inflexible IT is a Top Barrier to Innovation
BANGALORE, India, BOSTON, Massachusetts and LONDON, November 4
/PRNewswire-FirstCall/ -- - Surveys by Finacle From Infosys Reveal Key Trends on Banking Innovation
Infosys Technologies Ltd today announced the unveiling of two significant reports on banking innovation from surveys among senior bankers in US and Europe. The detailed reports from the research studies are available at: http://www.infosys.com/finacle/usa/solutions/Innovation-in-Retail-Banking- BAI.asp?cid=265
(Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser's URL address field. Remove the space if one exists.)
According to Haragopal Mangipudi, Global Head - Finacle, Infosys Technologies Ltd, "The current economic conditions cast a long shadow on the future and financial institutions would benefit immensely from insight into leading indicators on growth and efficiency. Innovation has emerged as a vital component for business strategy among banks and as a leading innovation partner for banks across the globe, we are pleased to present these findings."
The BAI and Finacle Research Series - Navigating in Turbulent Times: Competing for Deposits and Relationships surveyed over 116 senior bankers from over 100 financial institutions across the U.S. The whitepaper reports that four out of five bankers rate innovation initiatives as extremely or very important for their pursuit of growth and for improving future efficiencies. Further, close to nine out of ten believe that IT will be extremely or very important to innovation efforts.
Debbie Bianucci, President & Chief Executive Officer, BAI, said, "The recent turbulent times have resulted in shifts in the banking landscape as well as priorities and key initiatives of financial institutions' executives. Innovation will play a key role as the financial services industry focuses on efforts to rebuild consumer trust and confidence, drive growth, reduce costs and enhance the customer experience. The BAI and Finacle Research Series provides vital insights into the need for banking innovation."
Infosys joined hands with European Financial Management & Marketing Association (EFMA) for a survey on Innovation in Retail Banking among banks across Europe. Senior management from 89 banks in 26 countries across Europe contributed to the research. 78% of the banks in the survey believed that the importance of innovation was high or very high for both growth and efficiency. Inflexible IT systems and bottlenecks in IT development were the top 2 barriers to innovation across all 3 regions.
Patrick Desmares, Secretary General, EFMA, said, "In this time of crisis, there is a danger that banks will allow other priorities to slow down the pace of innovation, but this is precisely the time when innovation can lay the platform for future growth and efficiency. We found a huge amount of interest in the subject of innovation when talking to banks across Europe, and we hope that the insights we have been able to draw out of the research prove useful."
As a leader in banking technology, Finacle(TM) has a global footprint across 62 countries and has been acknowledged among leaders in the core banking solution space by top analysts including Gartner and Forrester. Finacle(TM) is also the winner of a series of awards for its innovation and implementation capabilities, the most notable ones being The Banker Technology Award, The Asian Banker IT Implementation Award and The Banking Technology Judge's Special Award for 'Innovative Use of IT'.
About Finacle(TM) Universal Banking Solution
Finacle(TM) from Infosys helps banks WIN IN THE FLAT WORLD by providing solutions and services that enable a shift in their strategic and operational priorities. The offerings address the comprehensive technology-led business transformation requirements of retail, corporate and universal banks worldwide by maximizing their opportunities for growth, while minimizing the risks that come with such large scale transformation. For more information, visit http://www.infosys.com/finacle
About Infosys Technologies Ltd
Infosys defines, designs and delivers IT-enabled business solutions that help Global 2000 companies win in a Flat World. These solutions focus on providing strategic differentiation and operational superiority to clients. With Infosys, clients are assured of a transparent business partner, world-class processes, speed of execution and the power to stretch their IT budget by leveraging the Global Delivery Model that Infosys pioneered. Infosys has over 104,000 employees in over 50 offices worldwide. Infosys is part of the NASDAQ-100 Index and The Global Dow. For more information, visit http://www.infosys.com/.
Infosys Technologies Ltd - Safe Harbor
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry.
Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2009 and on Form 6-K for the quarter ended June 30, 2009. These filings are available at http://www.sec.gov/. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company.
About BAI
BAI is the financial services industry's partner for breakthrough information and intelligence needed to innovate and stay relevant in an evolving marketplace. For more than 80 years, BAI has focused on advancing the industry by offering unbiased education and research. BAI's offerings are as diverse as the industry, and include premier events such as BAI Retail Delivery Conference & Expo, ground-breaking research and performance metrics, professional learning and development programs, and in-depth editorial coverage through BAI Banking Strategies. Visit http://www.bai.org/ for more information, or follow BAI on Twitter at http://twitter.com/BAI_Info. BAI is Bank Administration Institute and BAI Center.
About EFMA
Efma promotes innovation in retail finance in Europe by fostering debate and discussion among the main players involved in change. Formed in 1971, Efma comprises 2,960 different brands in financial services worldwide today, including 80% of the largest European banking groups.
Through regular events, publications, and its comprehensive website, the association provides retail financial service professionals with answers to their questions about the main issues at stake in their business: multiple distribution strategies, customer approach, CRM, product and service marketing and improving profitability.
Efma is above all a dynamic association, providing a great opportunity for discussion and exchanges without any commercial constraints. It provides its members with a wide range of exclusive services as well as discount rates on non-gratuitous activities. The loyalty of its members as well as their permanent financial support are the best proof of its efficiency. http://www.efma.com/
For more information please contact:
Infosys Press Office - India
Mickey Bopanna
Corporate Voice Weber Shandwick
+91-9980-616-521
mickey@corvoshandwick.co.in
Infosys Press Office - United States
Jyotsna Grover
BitePR
+1-408-569-5456
Jyotsna.Grover@bitepr.com
Infosys Press Office - Europe
Shamima Begum
Golin Harris
+44(0)20-7067-0469
sbegum@golinharris.com
Infosys Technologies Limited
CONTACT: For more information please contact: Infosys Press Office - India: Mickey Bopanna, Corporate Voice Weber Shandwick, +91-9980-616-521, mickey@corvoshandwick.co.in; Infosys Press Office - United States: Jyotsna Grover, BitePR, +1-408-569-5456, Jyotsna.Grover@bitepr.com; Infosys Press Office - Europe: Shamima Begum, Golin Harris, +44(0)20-7067-0469, sbegum@golinharris.com
NeoStem, Inc. Names Edward Geehr, M.D. to Board of Directors; Biotechnology Executive Brings Scientific and Business Experience in Global Operations
NEW YORK, Nov. 4 /PRNewswire-FirstCall/ -- NeoStem, Inc. (NYSE Amex: NBS), announced today that Edward C. Geehr, M.D. has been named to the Company's Board of Directors. Dr. Geehr brings extensive experience in developing and operating global biotechnology businesses.
Serving as Executive Vice President of Operations, Dr. Geehr was responsible for the global commercial operations of Abraxis Bioscience, a global biotechnology company dedicated to the discovery, development and delivery of next-generation therapeutics and core technologies that offer patients safer and more effective treatment for cancer and other critical illnesses.
Previously Dr. Geehr served as President of Allez Spine, LLC, a developer, manufacturer and distributor of medical devices, and was a co-founder and executive chairman of IPC-The Hospitalist Company, which became a publicly traded company in 2008. A graduate of Yale University, Dr. Geehr received his Medical Degree from Duke University. He trained in Emergency Medicine at UCLA and subsequently obtained Board certification. He is the author of many scientific articles and books and held a faculty appointment at the University of California, San Francisco School of Medicine.
Robin Smith, M.D., MBA, NeoStem's Chief Executive Officer, said, "We are extremely pleased that Dr. Geehr is joining our Board of Directors. His experience in the growing fields of molecular science and treatments for critical illnesses, combined with his leadership in developing and operating global biotechnology businesses, will expand the scientific and practical knowledge governing NeoStem's decision-making as we move into a new growth era as a result of our acquisition last week of China Biopharmaceuticals Holdings, Inc., which is anticipated to close before the end of this week."
Dr. Geehr stated, "I'm delighted to join the Board of Directors of NeoStem Inc. This is an extraordinary, dynamic company led by thoughtful executives and directors who have a strong knowledge base in science and technology as well as in commercial business development. It will be a pleasure to work with them to promote the growth of this rapidly expanding international company."
About NeoStem, Inc.
NeoStem is engaged in the business of developing stem cell therapies, pursuing anti-aging initiatives and is developing a network of adult stem cell collection centers that are focused on enabling people to donate and store their own (autologous) stem cells when they are young and healthy for their personal use in times of future medical need. The Company is also the licensor of various stem cell technologies, including a worldwide exclusive license to VSEL(TM) Technology which uses very small embryonic-like stem cells, shown to have several physical characteristics that are generally found in embryonic stem cells, and also is pursuing the licensing of other technologies for therapeutic use. For more information, please visit: http://www.neostem.com/.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Factors that could cause future results to materially differ from the recent results or those projected in forward-looking statements include the "Risk Factors" described in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2008 and the Company's other periodic filings with the Securities and Exchange Commission. The Company's further development is highly dependent on future medical and research developments and market acceptance, which is outside its control.
CONTACT:
NeoStem, Inc.
Robin Smith, Chief Executive Officer
T: 212-584-4180
E: rsmith@neostem.com
NeoStem, Inc.
CONTACT: NeoStem, Inc., Robin Smith, Chief Executive Officer, +1-212-584-4180, rsmith@neostem.com
Web Site: http://www.neostem.com/
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