Companies news of 2009-11-04 (page 5)
Astoria Financial Corporation To Present at Sandler O'Neill East Coast Financial Services...
Food Network's Iron Chef America Goes to the White House'Super Chef Battle: An Iron Chef...
Nokia Foundation Awards the Founder of Wikipedia
OfficeMax Wins Prestigious SQM Highest Customer Satisfaction Award for Exceptional...
Harvest Natural Resources Announces Filing of Shelf Registration Statement
Royal Dutch Shell plc: Director/PDMR Shareholding
Arkansas Best Corporation to Appear at the Robert W. Baird & Co. 2009 Industrial...
Savvis Selects The Vitality Group to Help Improve Employee HealthVitality(TM) program...
China Cablecom to Report Third Quarter 2009 Financial Results and Host Conference Call on...
Freddie Mac Prices $1 Billion Reopening of 1.125% Two-Year Reference Notes(R) Security
Nordstrom lance un système d'achats internationaux dans 30 pays
Lincoln Educational Services Corporation to Present at Signal Hill Third Annual Education...
ESC Silicon Valley Joins Forces With the Fifth Multicore Expo in San Jose
GTV Completes Joint Light Tactical Vehicle Critical Design Review
American Airlines Announces the 'Find Yourself Up in the Air' Online Auction and...
Williams Coal Seam Gas Royalty Trust Announces Cash Distribution for Fourth Quarter
Sabine Royalty Trust Announces Monthly Cash Distribution for November
TracFone Wireless Launches SafeLink Wireless(R) to Aid 378,609 Low-Income Households in...
Raven Industries, Inc. Sets Date and Time for Announcement of Third Quarter Results and...
Asia Pacific Search Volume Reaches Record Level in SeptemberLocal Players and Global...
U.S. Food and Drug Administration Clears Alcatel-Lucent Remote Patient Monitoring Solution...
ShengdaTech, Inc. Receives Approval for NPCC Acquisition in Anhui Province
Astea International to Webcast Third Quarter 2009 Results
Freddie Mac Prices $1 Billion Reopening of 1.125% Two-Year Reference Notes(R) Security
SED International Holdings To Announce Fiscal 2010 First Quarter Results on Thursday,...
Leading 4G Network Build, Verizon Wireless Also Focuses on Fueling LTE Ecosystem,...
BNY Mellon Corporate Trust Appointed Trustee, Paying Agent and Registrar for FYI...
Richard Sulpizio Joins CA's Board of DirectorsFormer Qualcomm Executive Brings More Than...
CME Group Managing Director of Products and Services to Present at Keefe, Bruyette & Woods...
LivePerson to Present at Merriman Curhan Ford's Investor Summit 2009 on November 10th
Astoria Financial Corporation To Present at Sandler O'Neill East Coast Financial Services Conference
LAKE SUCCESS, N.Y., Nov. 4 /PRNewswire-FirstCall/ -- Astoria Financial Corporation , announced that it will participate in the 2009 East Coast Financial Services Conference sponsored by Sandler O'Neill & Partners, L.P. on Thursday, November 12, 2009. Astoria's President and Chief Operating Officer, Monte N. Redman, will be presenting at the conference, Session 2, at 10:55 a.m. Eastern Time.
A simultaneous webcast of Mr. Redman's presentation, including the slide presentation and any follow-up questions and answers, will be available and archived on the Company's website, http://www.astoriafederal.com/ through Friday, November 20, 2009. Live audio access to Astoria's presentation is also available through a direct dial in to (617) 614-3944, Passcode: Session Two.
Astoria Financial Corporation, with assets of $20.7 billion, is the holding company for Astoria Federal Savings and Loan Association. Established in 1888, Astoria Federal, with deposits in New York totaling $13.2 billion, is the largest thrift depository headquartered in New York and embraces its philosophy of "Putting people first" by providing the customers and local communities it serves with quality financial products and services through 85 convenient banking office locations and multiple delivery channels, including its enhanced website, http://www.astoriafederal.com/. Astoria Federal commands the fourth largest deposit market share in the attractive Long Island market, which includes Brooklyn, Queens, Nassau, and Suffolk counties with a population exceeding that of 38 individual states. Astoria Federal originates mortgage loans through its banking and loan production offices in New York, an extensive broker network covering sixteen states, primarily along the East Coast, and the District of Columbia, and through correspondent relationships covering seventeen states and the District of Columbia.
Forward Looking Statements
This document contains a number of forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may be identified by the use of such words as "anticipate," "believe," "could," "estimate," "expect," "intend," "outlook," "plan," "potential," "predict," "project," "should," "will," "would," and similar terms and phrases, including references to assumptions.
Forward-looking statements are based on various assumptions and analyses made by us in light of our management's experience and perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate under the circumstances. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors (many of which are beyond our control) that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. These factors include, without limitation, the following: the timing and occurrence or non-occurrence of events may be subject to circumstances beyond our control; there may be increases in competitive pressure among financial institutions or from non-financial institutions; changes in the interest rate environment may reduce interest margins or affect the value of our investments; changes in deposit flows, loan demand or real estate values may adversely affect our business; changes in accounting principles, policies or guidelines may cause our financial condition to be perceived differently; general economic conditions, either nationally or locally in some or all of the areas in which we do business, or conditions in the real estate or securities markets or the banking industry may be less favorable than we currently anticipate; legislative or regulatory changes may adversely affect our business; applicable technological changes may be more difficult or expensive than we anticipate; success or consummation of new business initiatives may be more difficult or expensive than we anticipate; or litigation or matters before regulatory agencies, whether currently existing or commencing in the future, may be determined adverse to us or may delay the occurrence or non-occurrence of events longer than we anticipate. We assume no obligation to update any forward-looking statements to reflect events or circumstances after the date of this document.
Astoria Financial Corporation
CONTACT: Peter J. Cunningham, First Vice President, Investor Relations, +1-516-327-7877, ir@astoriafederal.com
Web Site: http://www.astoriafederal.com/
Food Network's Iron Chef America Goes to the White House'Super Chef Battle: An Iron Chef America Event' Premieres January 3rd at 8pm ET/PT Iron Chefs Bobby Flay and Mario Batali To Be Joined By Emeril Lagasse and White House Executive Chef Cristeta Comerford First Lady Michelle Obama Challenges Chefs to Use The White House Kitchen Garden's Produce to Create a Meal for America
NEW YORK, Nov. 4 /PRNewswire/ -- Food Network stars Mario Batali, Bobby Flay and Emeril Lagasse travel to the White House to take part in an unprecedented culinary competition in Super Chef Battle, a special two-hour episode of Iron Chef America. Greeted by First Lady Michelle Obama, the chefs are joined by White House Executive Chef Cristeta Comerford and receive their challenge: create a meal for America using The White House Kitchen Garden's produce as their secret ingredients. The special episode premieres Sunday, January 3rd at 8pm ET/PT.
"We are honored to showcase The White House Kitchen Garden in Iron Chef America," said Bob Tuschman, Senior Vice President, Programming and Production for Food Network. "This is the most intense culinary competition we've ever shown. It's awe-inspiring to see what four master chefs can create from locally-grown ingredients in the heat of Kitchen Stadium."
Iron Chef America commentator Alton Brown explains that the Chairman has sent the three Food Network chefs to Washington, D.C. for a very special battle and introduces Chef Cristeta Comerford, who will also take part in the competition. The group is then greeted by the First Lady, who explains that the chefs will be allowed to use anything found in The White House Kitchen Garden to help them create their meals. After receiving their challenge, the chefs are split into two teams: Flay and Comerford versus Batali and Lagasse. The chefs immediately head to the garden where they are tasked with harvesting their ingredients. Then it's off to Kitchen Stadium where the battle begins. Each team must produce five dishes that showcase the ingredients they selected from the garden and that represent the ultimate American meal. The judges include: chef and best-selling cookbook author Nigella Lawson; Olympic gold medalist Natalie Coughlin; and actress, author and designer Jane Seymour. Ted Allen (Chopped) assists as a guest floor reporter. Iron Chef America is produced by Triage Entertainment.
Installed in the spring of 2009 under the Obama Administration, The White House Kitchen Garden measures approximately 1100 square feet and is located on the west side of the South Lawn. The four-season herb, fruit and vegetable garden features 75 varieties of seeds planted in slightly raised beds using succession planting methods. Cultivated by White House staff and volunteers, produce from the garden and honey from the adjacent beehives are available to the White House Chefs for preparing meals for the First Family and for official functions, and all extra food is donated to Miriam's Kitchen, a soup kitchen near the White House.
FOOD NETWORK (http://www.foodnetwork.com/) is a unique lifestyle network and Web site that strives to be way more than cooking. The network is committed to exploring new and different ways to approach food - through pop culture, competition, adventure, and travel - while also expanding its repertoire of technique-based information. Food Network is distributed to more than 98 million U.S. households and averages more than 9 million unique Web site users monthly. Food Network programming is available internationally in more than 150 countries. Food Network is headquartered in New York, and maintains offices in Atlanta, Los Angeles, Chicago, Detroit and Knoxville, Tenn. Scripps Networks Interactive , which also owns and operates HGTV (http://www.hgtv.com/), DIY Network (http://www.diynetwork.com/), Great American Country (http://www.gactv.com/) and Fine Living Network (http://www.fineliving.com/), is the manager and general partner.
Food Network
CONTACT: Lisa Krueger of Food Network PR, +1-212-401-2430, lkrueger@foodnetwork.com
Web Site: http://www.foodtv.com/
Nokia Foundation Awards the Founder of Wikipedia
HELSINKI, November 4 /PRNewswire-FirstCall/ -- The Nokia Foundation has granted its 2009 award to Jimmy Wales, the founder of Wikipedia, the free, multilingual encyclopedia. Wales was awarded for his contributions to the evolution of the World Wide Web as a participatory and truly democratic platform.
The EUR 10,000 award was presented at the Nokia Foundation scholarship awards ceremony on 4 November, 2009.
"It's a great honor to present this award on behalf of the Board of the Nokia Foundation to an individual who we believe has made a unique contribution to accelerating online collaboration and interaction for millions of people around the world, and effectively democratizing information sharing," said Henry Tirri, head of Nokia Research Center and Chairman of the Board of the Nokia Foundation.
"The theme for this year's award is Open Innovation, a way of working which is very important for our activities at Nokia Research Center, and a value which we believe is embodied in the participatory and inclusive approach of Wikipedia," he continued.
Since its creation in 2001, Wikipedia has grown rapidly into one of the largest reference web sites, so far attracting an average of more than 330 million monthly visitors this year. There are more than 75,000 active contributors working on more than 14,000,000 articles in more than 260 languages. Wales is also the co-founder of Wikia.com, a project which expands the participatory editing model into new areas, allowing the global community to come together to build the "rest of the library".
Previous recipients of the Nokia Foundation annual award include Lauri Kuokkanen (1995), Pekka Tarjanne (1996), Linus Torvalds (1997), Arto Salomaa (1998), Kullervo Nieminen (1999), Osmo A. Wiio (2000), Ilkka Haikala (2001), Veikko Rintamaki (2002), George Metakides (2003), Heikki Lyytinen (2004), Moncef Gabbouj (2005), Marten Mickos (2006), Pekka Abrahamsson (2007), Aapo Kyrola and Sampo Karjalainen (2008).
This year, the Nokia Foundation also awarded 77 scholarships with a total value of EUR 385,000. All 77 scholarships were granted to post-graduate students to support the completion of their doctorate studies in the field of information and data communications technology.
About the Nokia Foundation
The Nokia Foundation was formed in 1995 to support the scientific development of information and telecommunications technologies and to promote education of the sector in Finland. Multidisciplinary research that bridges approaches from other fields, like social, behavioral, business and services sciences, is highly valued by Nokia.
The Nokia Foundation provides scholarships and awards for the purposes mentioned above. Decisions are made by the board of the Foundation, which consists of four representatives from Finnish universities and three representatives of Nokia.
Established on the initiative of Nokia, the Nokia Foundation was entered in the Finnish foundation registry in August 1995. Nokia Foundation is not part of Nokia Corporation and its mandate is limited to granting funds in line with the foundation's mission.
About Nokia
Nokia is a pioneer in mobile telecommunications and the world's leading maker of mobile devices. Today, we are connecting people in new and different ways - fusing advanced mobile technology with personalized services to enable people to stay close to what matters to them. We also provide comprehensive digital map information through NAVTEQ; and equipment, solutions and services for communications networks through Nokia Siemens Networks.
http://www.nokia.com/
Nokia Corporation
CONTACT: Media Enquiries: Nokia, Communications, Corporate Development, Tel. +358-7180-34900, E-mail: cd.communications@nokia.com; Nokia, Communications, Tel. +358-7180-34900, E-mail: press.services@nokia.com
OfficeMax Wins Prestigious SQM Highest Customer Satisfaction Award for Exceptional Service-Award Marks OfficeMax's Sixth Honor Received in 2009 for Service Quality and Excellence -
NAPERVILLE, Ill., Nov. 4 /PRNewswire-FirstCall/ -- OfficeMax, a leader supplier of office supplies and services, announced today that it has earned Service Quality Measurement Group, Inc.'s (SQM) prestigious Highest Customer Satisfaction for the Call Center Award ("Highest Customer Satisfaction Award") for the Retail industry, scoring the highest ever of any company.
OfficeMax earned the award based upon the high marks and world class call rating it received from recent customer satisfaction surveys conducted by SQM. To win the Highest Customer Satisfaction Award, 94 percent of OfficeMax's customers rated their overall experience as "very satisfied," the highest score possible on SQM Group's rating scale. The survey methodology rated responses from approximately 400 randomly selected OfficeMax customers.
"It is truly an honor to earn this distinctive recognition for customer service because it is based on the words of our customers," said Mary Dunnam, senior vice president of Customer Service for OfficeMax. "We operate under the simple and direct premise of helping our customers do their best work. This means that our customer service team must act as advocates and consistently help our customers uncover new opportunities for efficiency and effectiveness. This award validates that we are achieving the levels of service our customers expect and deserve."
This is the sixth award OfficeMax has earned in 2009 alone for exceptional customer service and for the Company's commitment to helping customers achieve a better bottom line. To date, OfficeMax has received five industry awards for outstanding service, including the 2009 Supplier of the Year award by the North American Steel Alliance, the 2009 University HealthSystem Consortium (UHC) Service Excellence Supplier of the Year award, the Ariba Spend Management Excellence award in the Supplier Network Pioneer category, the 2009 Supply Partner of the Year award by Educational & Institutional Cooperative Purchasing (E&I), and the 2009 Corporate Partner of the Year award by the National Association of Women Business Owners (NAWBO).
Since 1996, SQM Group's sole purpose has been quality assurance services for benchmarking, tracking, evaluating, improving and awarding call centers. The Company specializes in measuring first call resolution (FCR), customer quality assurance (CQA), employee satisfaction (Esat) and customer satisfaction performance (Csat) for leading international call centers. SQM benchmarks more than 400 leading international call centers on an annual basis and has been conducting FCR / Csat benchmarking studies for more than 12 years. SQM awards are based on customers who have used a call center and employees who work in a call center and are considered to be the fairest and most prestigious awards in the call center industry.
About OfficeMax
OfficeMax Incorporated is a leader in both business-to- business office products solutions and retail office products. The OfficeMax mission is simple. We help our customers do their best work. The company provides office supplies and paper, in-store print and document services through OfficeMax ImPress®, technology products and solutions, and furniture to consumers and to large, medium and small businesses. OfficeMax customers are served by more than 30,000 associates through direct sales, catalogs, e-commerce and more than 1,000 stores. To find the nearest OfficeMax, call 1-877-OFFICEMAX. For more information, visit http://www.officemax.com/.
OfficeMax Media Contacts: OfficeMax Investor Contact:
William Bonner Jennifer Rook Mike Steele
630-864-6066 630-864-6057 630-864-6826
OfficeMax Incorporated
CONTACT: Media, William Bonner, +1-630-864-6066, or Jennifer Rook, +1-630-864-6057, or Investors, Mike Steele, +1-630-864-6826, all of OfficeMax Incorporated
Web Site: http://www.officemax.com/
Harvest Natural Resources Announces Filing of Shelf Registration Statement
HOUSTON, Nov. 4 /PRNewswire-FirstCall/ -- Harvest Natural Resources, Inc. today announced that the Company has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). The registration statement is subject to review by the SEC.
When declared effective by the SEC, the shelf registration will allow the Company the flexibility from time to time to offer and sell up to $300 million of equity, debt or other types of securities described in the registration statement, or any combination of such securities. The proceeds of the securities may be used for capital expenditures, repayment of debt the Company may incur in the future, working capital and other general corporate purposes. The terms of any future offering would be determined at the time of the offering and would be subject to market conditions and approval by the Company's Board of Directors. Any offering of securities covered by the shelf registration statement will be made only by means of a prospectus authorized by the Company. This filing, once effective, may allow the Company to offer and sell securities if market opportunities present themselves.
Harvest President and Chief Executive Officer, James A. Edmiston, said: "Although we have no specific plan to offer securities under the shelf registration at this point, it positions us to quickly arrange financing for business opportunities that support our growth strategy."
A registration statement has been filed with the SEC but has not yet become effective. The securities registered may not be sold nor may offers to buy be accepted, prior to the time the registration statement becomes effective. 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 or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
About Harvest Natural Resources
Harvest Natural Resources, Inc. headquartered in Houston, Texas, is an independent energy company with principal operations in Venezuela, exploration assets in the United States, Indonesia, West Africa, Oman and China and business development offices in Singapore and the United Kingdom. For more information visit the Company's website at http://www.harvestnr.com/.
CONTACT:
Stephen C. Haynes
Vice President, Chief Financial Officer
(281) 899-5716
This press release may contain projections and other forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. They include estimates and timing of expected oil and gas production, oil and gas reserve projections of future oil pricing, future expenses, planned capital expenditures, anticipated cash flow and our business strategy. All statements other than statements of historical facts may constitute forward-looking statements. Although Harvest believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from Harvest's expectations as a result of factors discussed in Harvest's 2008 Annual Report on Form 10-K and other public filings.
Harvest Natural Resources, Inc.
CONTACT: Stephen C. Haynes, Vice President, Chief Financial Officer of Harvest Natural Resources, Inc., +1-281-899-5716
Web Site: http://www.harvestnr.com/
Royal Dutch Shell plc: Director/PDMR Shareholding
LONDON, November 4 /PRNewswire-FirstCall/ -- Royal Dutch Shell plc (the "Company") received notice on 3rd November 2009 from Lawrence Ricciardi, a Non-executive Director of the Company, that on 3rd November 2009 he purchased 5,000 Royal Dutch Shell A ADRs at a price of $59.70 per ADR. His total current holding is now 15,000 Royal Dutch Shell A ADRs.
Royal Dutch Shell plc
CONTACT: Royal Dutch Shell Media Relations: +44-(0)207-934-5963
Arkansas Best Corporation to Appear at the Robert W. Baird & Co. 2009 Industrial Conference
FORT SMITH, Ark., Nov. 4 /PRNewswire-FirstCall/ -- Arkansas Best Corporation will appear at the Robert W. Baird & Co. 2009 Industrial Conference in Chicago, IL on Tuesday, November 10 from 9:30 a.m. until 10:00 a.m. CT. Robert A. Davidson, President and Chief Executive Officer and Judy R. McReynolds, Senior Vice President, Chief Financial Officer and Treasurer will make a company presentation. The live program will be webcast (in a listen-only mode) and an archive will be available following the presentation.
To access the live audio, please go to the company's website at arkbest.com. This presentation will
be archived through November 30.
Arkansas Best Corporation, headquartered in Fort Smith, Arkansas, is a transportation holding company. ABF Freight System, Inc., Arkansas Best's largest subsidiary, has been in continuous service since 1923. ABF provides transportation of less-than-truckload ("LTL") general commodities throughout North America. More information is available at arkbest.com and abf.com.
Contact: Mr. David Humphrey, Director of Investor Relations
Telephone: (479) 785-6200
Arkansas Best Corporation
CONTACT: Mr. David Humphrey, Director of Investor Relations, Arkansas Best Corporation, +1-479-785-6200
Web Site: http://www.arkbest.com/
Savvis Selects The Vitality Group to Help Improve Employee HealthVitality(TM) program provides customized incentives and rewards to encourage healthy lifestyles
CHICAGO and ST. LOUIS, Nov. 4 /PRNewswire/ -- The Vitality Group today announced that Savvis, Inc. has selected its incentive-based wellness program to motivate and support Savvis associates as they take ownership of their personal health. Savvis, one of the largest IP network and hosting providers in the world employs more than 2,200 employees. The Vitality(TM) program will be made available to its U.S. employees.
"We are incorporating this program as a key element of our overall benefits offering to provide our employees with the tools and support to be healthy," said Laura Fisher, VP, Human Resources Operations, Savvis. "We selected Vitality because it has tools to motivate those with good heath to maintain it, as well as tools to help employees with health challenges. We've already seen a significant improvement in participation of health screenings, increased 200 percent from last year, with additional screenings still to be held. We are pleased to be partnering with Vitality and look forward to having healthier and more productive employees."
Accessed online, the Vitality program begins with a Health Risk Assessment that identifies relative risk factors for each member and provides them with their Vitality Age(TM). This is a scientifically calculated representation of their risk-adjusted or "true" age, allowing each member to easily understand how their current behaviors are impacting their health. Additionally, each member is presented with a Personal Pathway(TM), or a personalized set of activities and goals to assist them in improving their health. This provides a verifiable and clinically sound mechanism to track and reward more than 30 health-related activities including exercising, achieving health goals such as losing weight or stopping smoking, receiving routine preventive care, such as a prostate exam or mammogram, and participating in health education program. Members are incentivized for their participation throughout the program and earn Vitality Bucks(TM), redeemable for merchandise on the Vitality Mall.
"In the last decade, healthcare premium costs have increased 131 percent, presenting a significant cost burden for employers," said Arthur C. Carlos, CEO of The Vitality Group. "Companies such as Savvis, with the foresight to invest in and provide incentives to encourage healthier employees, should see a positive return on investment through improved productivity and healthcare claim savings."
About Savvis
Savvis, Inc. is a global leader in outsourced internet infrastructure services for the enterprise. More than 4,000 customers, including 40 percent of the top 100 companies in the Fortune 500, use Savvis to reduce capital expense, improve service levels and harness the latest advances in cloud computing. For more information about Savvis, visit http://www.savvis.net/.
About The Vitality Group
The Vitality Group is a member of Discovery Holdings Limited, a leading international financial services institution founded on the principles of consumer engagement and wellness and the originator of the Vitality health promotion program. Vitality wellness programs serve more than 1.5 million members in companies in a wide range of sizes and industry categories, improving individuals' health and well-being as well as employers' and health plans' bottom lines. Early adopters in the United States include some of America's most forward-thinking companies. They join global organizations in the United Kingdom and South Africa who together are proving the effectiveness of the Vitality health enhancement solution in reducing healthcare costs. http://www.thevitalitygroup.com/
The Vitality Group
CONTACT: Cary Conway, +1-972-731-9242, cary(at)conwaycommunication.com
Web Site: http://www.thevitalitygroup.com/ http://www.savvis.net/
China Cablecom to Report Third Quarter 2009 Financial Results and Host Conference Call on December 8, 2009
SHANGHAI, Nov. 4 /PRNewswire-FirstCall/ -- China Cablecom Holdings, Ltd. ("China Cablecom" or the "Company") , a joint-venture provider of cable television services in the People's Republic of China (PRC), today announced that it will report its financial results for the third quarter ended September 30, 2009, before the open of US markets on December 8, 2009. In addition, China Cablecom's management team will host an earnings conference call at 8:30 a.m. Eastern Time on December 8, 2009 (9:30 p.m. on December 8, 2009 Shanghai time).
Mr. Clive Ng, Founder and Executive Chairman of China Cablecom, will be joined by Mr. Pu Yue, the Company's Chief Executive Officer, and Mr. Sikan Tong, Chief Financial Officer, to discuss the financial results for the third quarter 2009. To participate in this call, interested parties may dial +1-866-225-8754 (US) or +1-480-629-9692 (International).
Alternatively, participants may listen to the live broadcast of the call over the internet at China Cablecom's Investor Relations website (http://www.chinacablecom.net/investors).
A replay of the conference call will be available through December 22, 2009 until midnight Eastern Daylight Time by dialing +1-800-406-7325 (US) or +1-303-590-3030 (International) and entering access code 4181650.
About China Cablecom
China Cablecom is a joint-venture provider of cable television services in the People's Republic of China, operating in partnership with a local state-owned enterprise ("SOE") authorized by the PRC government to control the distribution of cable TV services through the deployment of analog and digital cable services. China Cablecom has consummated the acquisition of a 55 percent economic interest in a cable network in Hubei province with paying subscribers exceeding 1,100,000. The Company originally acquired operating rights of the Binzhou Broadcasting network in Binzhou, Shandong Province in September 2007 by entering into a series of asset purchase and services agreements with a company organized by SOEs, owned directly or indirectly by local branches of State Administration of Radio, Film and Television in five different municipalities to serve as a holding company of the relevant businesses. China Cablecom now operates 28 cable networks with over 1.67 million paying subscribers. China Cablecom's strategy is to replicate the acquisitions by operating partnership models in other municipalities and provinces in the PRC and then introducing operating efficiencies and increasing service offerings in the networks in which it operates.
Safe Harbor Statement
The matters discussed in this press release contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this presentation and in the Company's other written and oral reports are based on current Company expectations and are subject to numerous risks, uncertainties and assumptions, Any forward-looking statements are not guarantees of future performance and actual results of operations, financial condition and liquidity. The forward-looking statements herein speak only as of the date stated herein and might not occur or the actual results may differ materially in light of these risks, uncertainties, and assumptions. The Company undertakes no obligation and disclaims any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. You should carefully consider these factors, as well as the additional risk factors outlined in the filings that the Company makes with the U.S. Securities and Exchange Commission, including the Annual Report on Form 20-F filed on July 15, 2009.
CONTACT:
China Cablecom Holdings, Ltd.
http://www.chinacablecom.net/
Debra Chen
Phone: 917.499.8129
Email: debra@chinacablecom.net
China Cablecom Holdings, Ltd.
CONTACT: China Cablecom Holdings, Ltd., Debra Chen, +1-917-499-8129, debra@chinacablecom.net
Web Site: http://www.chinacablecom.net/ http://www.chinacablecom.net/investors
Freddie Mac Prices $1 Billion Reopening of 1.125% Two-Year Reference Notes(R) Security
MCLEAN, Va., Nov. 4 /PRNewswire-FirstCall/ -- Freddie Mac announced today that it auctioned a $1 billion reopening of its 1.125% two-year USD Reference Notes® security that matures on December 15, 2011. The stop yield for the issue, CUSIP 3137EACF4, was 1.179%, priced at 99.886974, or approximately 24.5 basis points more than two-year U.S. Treasury Notes. The bid-to-cover ratio was 4.01 to 1.
After the reopening, which was conducted via an Internet-based auction, the outstanding size of the 1.125% two-year Reference Notes security will be $4.5 billion. The issue will settle on November 5, 2009, and is listed on the Euro MTF market of the Luxembourg Stock Exchange.
This announcement is not an offer to sell any Freddie Mac securities. Offers for any given security are made only through applicable offering circulars and related supplements, which incorporate Freddie Mac's Annual Report on Form 10-K for the year ended December 31, 2008, filed with the Securities and Exchange Commission ("SEC") on March 11, 2009, and all documents that Freddie Mac files with the SEC pursuant to Section 13(a), 13(c) or 14 of the Securities Exchange Act of 1934, excluding any information "furnished" to the SEC on Form 8-K.
Freddie Mac's press releases sometimes contain forward-looking statements. A description of factors that could cause actual results to differ materially from the expectations expressed in these and other forward-looking statements can be found in the company's Annual Report on Form 10-K for the year ended December 31, 2008 and its reports on Form 10-Q and Form 8-K, filed with the SEC and available on the Investor Relations page of the company's Web site at http://www.freddiemac.com/investors and the SEC's Web site at http://www.sec.gov/.
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters. http://www.freddiemac.com/
Freddie Mac
CONTACT: Media: Michael Cosgrove, +1-703-903-2123, or Investors: Sean Forde, +1-571-382-4090
Web Site: http://www.freddiemac.com/
Nordstrom lance un système d'achats internationaux dans 30 pays
SEATTLE, November 4 /PRNewswire/ --
La société Nordstrom, Inc. (NYSE : JWN), basée à Seattle, a annoncé
aujourd'hui avoir lancé un système d'achats internationaux en ligne afin de
mieux servir les clients au niveau mondial. Les clients à l'intérieur et à
l'extérieur des États-Unis peuvent désormais parcourir le site nordstrom.com
et y acheter des marchandises dans différentes devises, les articles pouvant
être facilement expédiés dans 30 pays.
Les clients ont la possibilité d'expédier dans un pays particulier et de
payer dans une devise différente. La nouvelle fonctionnalité en ligne permet
aussi l'expédition et l'exécution de commandes internationales de manière
simple et fiable. Lors du passage en caisse, les clients obtiennent un délai
de livraison estimé, un numéro de suivi mondial, un taux de change garanti
lors de l'achat et un total pour la commande complète comprenant toutes les
taxes internationales applicables et les frais de livraison. Les devises
disponibles pour les achats internationaux comprennent à ce jour :
- Le dollar canadien (CAD)
- L'euro (EUR)
- La livre britannique (GBP)
- Le dollar américain (USD)
- La couronne tchèque (CZK)
- La couronne danoise (DKK)
- La couronne estonienne (EEK)
- Le forint hongrois (HUF)
- Le lats letton (LVL)
- Le litas lituanien (LTL)
- Le zloty polonais (PLN)
- La couronne suédoise (SEK)
<< Nous sommes enthousiasmés par cette opportunité de mieux servir nos
clients au niveau international >>, a déclaré Jamie Nordstrom, président de
Nordstrom Direct. << Nous avons facilité les achats sur nordstrom.com pour
nos clients de l'étranger. Envoyer de superbes produits de mode de Nordstrom
à des amis et de la famille à l'étranger est aussi bien plus pratique que
jamais pour nos clients domestiques. Nous continuerons à chercher des moyens
pour améliorer l'expérience d'achat pour nos clients, quel que soit le pays
où ils habitent >>.
Nordstrom s'est associé à FiftyOne Global Ecommerce pour permettre les
achats internationaux. FiftyOne assure une expérience d'achat constante pour
les clients de Nordstrom en intégrant tous les aspects de la transaction
internationale - la tarification, le paiement, la logistique et la livraison
au niveau mondial - dans un processus de commande en ligne automatisé.
Pour en savoir plus sur les achats internationaux de Nordstrom, y compris
la liste la plus récente des pays disponibles, consultez le site
http://shop.nordstrom.com/internationalshopping. Ce site Web est proposé en
anglais uniquement. Pour obtenir de l'aide dans une autre langue, les clients
peuvent composer le +1-319-846-4140 depuis l'extérieur des États-Unis, le
+1-877-794-5304 pour les appels du Canada et le +1-888-282-6060 aux
États-Unis.
Nordstrom, Inc. est l'un des détaillants spécialisés en matière de mode
de premier plan aux États-Unis, comptant 182 magasins dans 28 États
américains. Fondé en 1901 en tant que magasin de chaussures à Seattle,
Nordstrom exploite aujourd'hui 112 magasins à large gamme de production, 67
magasins Nordstrom Rack, deux boutiques Jeffrey et un magasin de liquidation.
De plus, Nordstrom dessert sa clientèle via sa présence en ligne sur
www.nordstrom.com et par le biais de ses catalogues. Nordstrom, Inc. est coté
à la Bourse de New York sous le symbole JWN.
FiftyOne Global Ecommerce permet aux principaux détaillants américains
d'utiliser son infrastructure existante de commerce électronique et son
expérience des achats en ligne pour commercialiser, vendre et expédier des
marchandises aux acheteurs internationaux avec la certitude du coût. FiftyOne
gère tous les aspects du cycle de vie des commandes internationales, du
merchandising et des paiements en multiples devises à la logistique mondiale,
la livraison locale et le service à la clientèle. FiftyOne fait fonctionner
les solutions de commerce électronique international de Anne Geddes,
Anthropologie, Belisi Fashions, Brookstone, The Buckle, CHEFS Catalog,
Drugstore.com, Johnston & Murphy, Overstock.com, SureSource et bien d'autres.
Le siège de la société est situé à New York. Pour obtenir de plus amples
renseignements, veuillez consulter le site www.fiftyone.com.
CONTACTS MÉDIAS :
Colin Johnson
Nordstrom, Inc.
+1-206-373-3036
Don Goncalves
FiftyOne Global Ecommerce
+1-781-793-9380
dgoncalves@tizinc.com
(Logo : http://www.newscom.com/cgi-bin/prnh/20001011/NORDLOGO)
Nordstrom, Inc.
Colin Johnson de Nordstrom, Inc., +1-206-373-3036 ; ou Don Goncalves de FiftyOne Global Ecommerce, +1-781-793-9380, dgoncalves@tizinc.com
Lincoln Educational Services Corporation to Present at Signal Hill Third Annual Education Preview Investor Conference
WEST ORANGE, N.J., Nov. 4 /PRNewswire-FirstCall/ -- Lincoln Educational Services Corporation ("Lincoln") today announced its plans to participate in the Signal Hill Third Annual Education Preview Conference in Baltimore, Maryland.
Lincoln is scheduled to present on Thursday, November 12, 2009 at 3:30 p.m. EST. Shaun McAlmont, President & Chief Executive Officer, and Cesar Ribeiro, Senior Vice President and Chief Financial Officer will be reviewing Lincoln's growth strategy and financial performance.
A live webcast of the presentation will be available on the investor relations section of Lincoln's website at http://www.lincolnedu.com/.
About Lincoln Educational Services Corporation
Lincoln Educational Services Corporation is a leading and diversified for-profit provider of career-oriented post-secondary education. Lincoln offers recent high school graduates and working adults degree and diploma programs in five principal areas of study: automotive technology, health sciences, skilled trades, business and information technology and hospitality services. Lincoln has provided the workforce with skilled technicians since its inception in 1946. Lincoln currently operates 43 campuses in 17 states under 11 brands: Lincoln College of Technology, Lincoln Technical Institute, Nashville Auto-Diesel College, Southwestern College, Euphoria Institute of Beauty Arts and Sciences, Connecticut Culinary Institute, Americare School of Nursing, Baran Institute of Technology, Engine City Technical Institute, Briarwood College and Clemens College. Lincoln had a combined average enrollment of approximately 26,400 students as of June 30, 2009.
Statements in this press release regarding Lincoln's business which are not historical facts may be "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in Lincoln's Form 10-K for the year ended December 31, 2008. All forward-looking statements are qualified in their entirety by this cautionary statement, and Lincoln undertakes no obligation to revise or update this news release to reflect events or circumstances after the date hereof.
Lincoln Educational Services Corporation
CONTACT: Brad Edwards, Brainerd Communicators, +1-212-986-6667
Web Site: http://www.lincolnedu.com/
ESC Silicon Valley Joins Forces With the Fifth Multicore Expo in San Jose
SAN FRANCISCO, Nov. 4 /PRNewswire/ -- EE Times Group, a division of United Business Media [LON: UBM], announced today that ESC Silicon Valley, the global electronics industry's leading event, will take place in combination with Multicore Expo, the premier forum devoted to the multicore technologies that are transforming the embedded computing industry. At this co-located event taking place in San Jose April 26-29, 2010, ESC Silicon Valley will provide the embedded community with four days of technical training and the Multicore Expo will provide three days of technical training and an exclusive Multicore Pavilion on the ESC Silicon Valley expo floor.
ESC, working closely with the Multicore Expo, will provide attendees with more training options and an increased number of multicore-related exhibits through this combined event offering. Sponsors of the Multicore Expo will also benefit from this collaboration due to ESC's ability to deliver increased exposure to the embedded community through EE Times Group's vast network of industry leading media properties including EE Times, Embedded and TechOnline.
The three day Multicore Expo program will include thought-provoking panel discussions, in-depth technical sessions, hands-on labs, and sponsored presentations, all of which will cover a wide range of topics related to multicore, multimedia, and embedded graphics. Attendees will also enjoy the 'Multicore Technology Headliners', special presentations delivered by industry luminaries and elite sponsors.
Located on the ESC expo floor, the Multicore Pavilion will consist of a wide variety of exhibits from leaders in the multicore industry, providing attendees with the opportunity to see multicore technology in action as well as network with leading experts in multicore hardware and software implementations. As well, Multicore Expo attendees will be able to attend events held in the ESC Theater, which is open to all event attendees.
"Multicore technology has become a very important component of embedded systems design. We are excited to have the Multicore Expo taking place under the same roof as our Embedded Systems Conference," said David Blaza, Vice President, Events and Embedded at EE Times Group. "Our recent success with over 3000 attendees at our Multicore Virtual Conference is indicative of the pent-up demand for quality multicore technology training."
"As multicore implementations proliferate in a wide range of applications, the challenges associated with programming, debugging, and optimization are making Multicore Expo more important than ever as a forum in which the key issues of the multicore ecosystem can be raised, debated, and solved," said Markus Levy, Multicore Expo conference chair. "Working with EE Times Group, we will bring to the attendees of the Multicore Expo, a tremendous amount of knowledge that will help bridge the gap between hardware and software in the use of multicore technology."
As of today, the Industry sponsors include the Multicore Association, EEMBC, and Platinum Sponsor Wind River Systems. ESC Silicon Valley and Multicore Expo registration will open the first week of December.
About ESC Silicon Valley (http://www.embedded.com/esc/sv)
Held in key strategic technology development locations worldwide, the Embedded Systems Conference is the global electronics industry's leading event. With cutting edge product demonstrations, visionary speeches and hundreds of essential technical training classes and accreditation opportunities, ESC is the ideal venue for the design engineering community to learn, collaborate and recognize excellence. In addition, ESC Silicon Valley celebrates decades of unique local electronics industry culture, innovation and significant contributions to the global technology industry.
About Multicore Expo
Multicore Expo is a leading-edge technology conference and exhibition dedicated to delivering practical solutions for designs involving embedded multicore, multimedia, and graphics. The fifth annual Multicore Expo, being held April 27-29, 2010 at the San Jose Convention Center, will feature an exhibition, presentations, and panels addressing all the major issues in multicore processor design and implementation, including the effective use of multicore development and design tools. The conference will also cover practical details on implementing virtual machine technology, multicore operating systems, and the application of multicore technology to embedded graphics and multimedia. Further information is available at http://www.multicore-expo.com/.
About EE Times Group
EE Times Group, a division of United Business Media [LON:UBM], is the global leader in media and marketing services for the electronics industry. We deliver results for the key influencers and decision makers involved in the design, development and commercialization of technology through our market leading brands. More than 1.1 million engineering professionals engage with the EE Times Network - EE Times, TechOnline, DesignLines, and Embedded.com - across the globe. The technology community comes to our market leading events to share, learn, discuss, and advance the critical issues and challenges facing the electronics industry. As well, EE Times Group provides end-to-end services ranging from next-generation marketing, integrated media and research.
For more information please contact:
EE Times Group
Felicia Hamerman, Group Marketing Director
T: 516.562.5652, email: fhamerman@techinsights.com
Multicore Expo
Markus Levy, BackDraft Technologies
T: 1.530.672.9113, F: 1.530.672.9439, markus.levy@multicore-expo.com
For sponsorship details please contact Sean Raman,
sraman@techinsights.com or 415.947.6622.
EE Times Group
CONTACT: Felicia Hamerman, Group Marketing Director, +1-516-562-5652, fhamerman@techinsights.com, for EE Times Group; or Multicore Expo, Markus Levy of BackDraft Technologies, +1-530-672-9113, fax, +1-530-672-9439, markus.levy@multicore-expo.com; or sponsorship details, Sean Raman, +1-415-947-6622, sraman@techinsights.com, for Multicore Expo
Web Site: http://www.embedded.com/esc/sv http://www.multicore-expo.com/
Company News On-Call: http://www.prnewswire.com/comp/181993.html
GTV Completes Joint Light Tactical Vehicle Critical Design Review
STERLING HEIGHTS, Mich., Nov. 4 /PRNewswire-FirstCall/ -- General Tactical Vehicles (GTV), a joint venture between AM General, LLC, and General Dynamics Land Systems, formed to compete to develop and produce the U.S. Army and U.S. Marine Corps' Joint Light Tactical Vehicle (JLTV), successfully completed the Critical Design Review (CDR) this week.
GTV is the first JLTV contractor to complete the CDR, a major program milestone which entails a detailed review of the design solutions to the multi-tiered customer requirements for the JLTV family of vehicles. GTV is transitioning into the vehicle and trailer build and test phase for the JLTV units deliverable to the government in the spring of 2010 under its technology development contract awarded last October.
Using mature system engineering processes, GTV successfully demonstrated a design approach that balances JLTV requirements and mission capabilities focused on supporting and protecting the Warfighter. These mature and proven processes ensure GTV's JLTV can meet government requirements with flexibility, agility and confidence.
The GTV CDR follows the recent early delivery and successful government testing of GTV JLTV armor coupons.
"GTV is committed to providing a highly reliable, survivable, mobile, supportable and transportable JLTV that balances the protection, performance and payload requirements for the Soldier and Marine customers," said Don Howe, GTV program director. "I am confident that the GTV Team will deliver a JLTV family of vehicles that provide our Warfighters more capability and protection."
The GTV Team has more than 120 years of combined experience in the successful design, production and support of over one million combat and tactical wheeled vehicles. GTV offers the strength of a proven team.
General Dynamics Land Systems is a business unit of General Dynamics . Headquartered in Falls Church, Va., General Dynamics employs approximately 92,300 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about General Dynamics is available online at http://www.generaldynamics.com/.
Headquartered in South Bend, Indiana, AM General operates multi-purpose military and civilian manufacturing facilities in Mishawaka, Indiana, and an Engineering and Product Development Center in Livonia, Michigan. AM General is the manufacturer of the High Mobility Multi-purpose Wheeled Vehicle (HMMWV, pronounced HUMVEE) for U.S. and overseas military services. The company also provides spare parts, field service and training support for all its products, and its Engineering and Product Development Center provides integrated logistics support and systems technical support for a variety of military systems in addition to the HMMWV. The company has more than 3,000 employees, of whom 2,300 work in the South Bend/Mishawaka area.
General Tactical Vehicles
CONTACT: Celeste Ross, AM General, LLC, +1-574-284-2930, celeste.ross@AMGeneral.com; or Karl Oskoian, General Tactical Vehicles, +1-586-825-7980, oskoiank@gdls.com
Web Site: http://www.generaldynamics.com/
American Airlines Announces the 'Find Yourself Up in the Air' Online Auction and Sweepstakes to Celebrate the Upcoming Paramount Pictures Film, 'Up in the Air'Auction Includes Elite Travel and Movie-Related Items; Lucky Sweepstakes Winner Gets a First Class Trip to Los Angeles and VIP Tour of Paramount Studios
FORT WORTH, Texas, Nov. 4 /PRNewswire-FirstCall/ -- American Airlines has introduced a unique online auction to celebrate the new Paramount Pictures film, "Up in the Air," from Oscar®-nominated director Jason Reitman and starring Oscar winner George Clooney. The film is scheduled to be released in theaters across the country this December.
American's new "Find Yourself Up in the Air" online auction runs now through Jan. 5, 2010. AAdvantage members can use their AAdvantage miles to bid on travel packages, elite benefits, unique experiences, items related to the "Up in the Air" movie, and much more. All AAdvantage miles from winning bids will be donated to the Miles for Kids in Need® program. A few of the many items up for bid include:
-- One-year AAdvantage Gold® membership
-- Lifetime AAdvantage Gold status
-- One-year AAdvantage Platinum® membership
-- American Airlines airplane simulator session for two with licensed
flight instructor, followed by a tour of the American Airlines Flight
Academy and System Operations Control (SOC).
-- Suite for 12 at a professional sporting event at the American Airlines
Arena in Miami or the American Airlines Center in Dallas.
-- Replica of Ryan Bingham's 10 Million Mile Card, as seen in the film.
Additionally, American is complementing the auction with the "Find Yourself Up in the Air" Sweepstakes, which will offer an extraordinary Grand Prize including:
-- First Class air travel for two to Los Angeles
-- Three-night luxury hotel stay
-- Four-day luxury car rental
-- Paramount Studios VIP tour for two
-- Premium luggage set
-- Exclusive VIP dining experience
You can register for the sweepstakes at http://www.aa.com/upintheair. Registrants will receive one entry per e-mail address and can earn a second entry by referring friends to the sweepstakes. The maximum number of entries allowed per person, per e-mail, is two.
"American's involvement with this stellar film showcases our commitment to providing travelers with the services they need on the road and rewarding them for their loyalty," said Rob Friedman, President - AAdvantage Marketing Programs at American Airlines. "We think our customers will enjoy seeing some of American's familiar products and services featured in the upcoming film, and we hope they'll also enjoy the online auction and sweepstakes where they can win unique experiences that can only be offered by American."
For complete auction and sweepstakes rules, as well as other details, visit http://www.aa.com/upintheair. For more information on Miles for Kids in Need please visit http://www.aa.com/kids.
About "Up in the Air"
Paramount Pictures Presents in Association with Cold Spring Pictures and DW Studios, A Montecito Picture Company Production in Association with Rickshaw Productions in Association with Right of Way Films A Jason Reitman Film Up in the Air starring George Clooney, Vera Farmiga, Anna Kendrick and Danny McBride. The film is directed by Jason Reitman. Screenplay by Jason Reitman and Sheldon Turner. Based upon the novel by Walter Kirn. The producers are Ivan Reitman, Jason Reitman, Daniel Dubiecki and Jeffrey Clifford. The executive producers are Tom Pollock, Joe Medjuck, Ted Griffin and Michael Beugg. The director of photography is Eric Steelberg. The production designer is Steve Saklad. The film editor is Dana Glauberman, A.C.E. The costume designer is Danny Glicker. The music is by Rolfe Kent. The music supervisors are Randall Poster and Rick Clark. This film has been rated R for language and some sexual content.
About Paramount Pictures Corporation
Paramount Pictures Corporation (PPC), a global producer and distributor of filmed entertainment, is a unit of Viacom , a leading content company with prominent and respected film, television and digital entertainment brands. The company's labels include Paramount Pictures, Paramount Vantage, Paramount Classics, MTV Films and Nickelodeon Movies. PPC operations also include Paramount Digital Entertainment, Paramount Famous Productions, Paramount Home Entertainment, Paramount Pictures International, Paramount Licensing Inc., Paramount Studio Group, and Worldwide Television Distribution.
About the AAdvantage Program
The AAdvantage program was the first frequent flyer program. Established in 1981, the program now has more than 60 million members. Members can earn miles at more than 1,000 participating companies, which include more than 30 hotel chains representing more than 60 brands, more than 20 airlines, eight car-rental companies, 12 financial companies, and over 250 brand name retailers. In addition, members can earn miles when making purchases with one of more than 100 affinity card products in over 40 countries. In 2008, AAdvantage members redeemed more than 155 billion miles to claim more than 4.8 million awards for flights, upgrades and car rentals. For more information and a listing of AAdvantage program participating companies, visit http://www.aa.com/aadvantage.
About American Airlines
American Airlines, American Eagle and American Connection® serve 250 cities in 40 countries with, on average, more than 3,400 daily flights. The combined network fleet numbers more than 900 aircraft. American's award-winning Web site, AA.com®, provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the oneworld® Alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members serve nearly 700 destinations in more than 130 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation. American Airlines, American Eagle, American Connection, AA.com, AAdvantage, AAnytime, MileSAAver and We know why you fly are registered trademarks of American Airlines, Inc.
AmericanAirlines® We know why you fly®
Current AMR Corp. releases can be accessed on the Internet.
The address is http://www.aa.com
American Airlines
CONTACT: Billy Sanez, Corporate Communications, Fort Worth, Texas of American Airlines, +1-817-967-1577, mediarelations@aa.com
Web Site: http://www.aa.com/
Williams Coal Seam Gas Royalty Trust Announces Cash Distribution for Fourth Quarter
DALLAS, Nov. 4 /PRNewswire-FirstCall/ -- Williams Coal Seam Gas Royalty Trust announced today that there will be a cash distribution to the holders of its units of beneficial interest of $0.022074 per unit, payable November 27, 2009 to unitholders of record on November 16, 2009.
The Trust owns net profits interests in certain proved coal seam gas properties owned by Williams Production Company (WPC) and located in the San Juan Basin of northwestern New Mexico (the "Working Interest Properties") and southwestern Colorado, including WPC's 35 percent net profits interest in 5,348 gross acres in La Plata County, Colorado (the "Farmout Properties"). WPC reported that production attributable to its gross interests in the properties burdened by the Trust's net profits interests was 2.6 trillion British thermal units (TBtu) during the period associated with this quarterly cash distribution compared to 2.6 TBtu during the preceding period. When prior period adjustments are excluded, production in the current quarter for the original wells was 2.6 TBtu compared to 2.6 TBtu in the preceding quarter. The net contract price per MMBtu for this quarter was $0.92 per MMBtu as compared to $0.75 per MMBtu for the previous quarter.
WPC also reported approximately 447 infill wells have been drilled and of those, 437 wells are producing as of September 30, 2009, and are now in "pay" status to the Trust since early June 2008. Production attributable to the infill wells for this quarter was 1.5 TBtu. In accordance with the original conveyance, the Trust is entitled to only 20% of the net-profit interests from these wells as opposed to the 60% of the original producing wells. Net proceeds from the infill wells were ($32,419), which includes last quarter's deficit of ($66,939), and did not contribute to this quarter's distribution. Deficits accumulate and no income is recognized until results are positive.
Gross proceeds prior to deductions for production costs for the third quarter of 2009 by property were as follows: $2,041,949 for Working Interest Properties, $337,009 for Farmout Properties. For Working Interest Properties, production costs for the third quarter 2009 were as follows: $640,491 for royalties, $190,066 for taxes, $750,671 for operating costs and $756 in excess capital costs. Gross proceeds (Net Profit Interest) from the Farmout Properties after deductions as stated above were $337,009. A small increase in the price of natural gas contributed in net proceeds to the Trust of $479,091 for this quarter compared to net proceeds to the Trust of $77,767 in the last quarter.
Termination and Liquidation of the Trust
Pursuant to the terms of the Trust Agreement, the Trust will terminate no later than December 31, 2012 or upon the first to occur of certain events, including (i) the disposition by the Trust of all royalty interests; (ii) following an affirmative vote in favor of termination of the Trust by the holders of record of more than 50% of the then outstanding Units; (iii) such time as the ratio of cash received by the Trust with respect to the royalty interests (excluding the effect on cash distributions received by the Trust in respect of the royalty interests of excess capital costs) to administrative costs of the Trust is less than 1.2 to 1.0 for three (3) consecutive calendar quarters, and (iv) March 1 of any calendar year if, based on a reserve report as of December 31 of the prior year, it is determined that, as of such date, the net present value (discounted at 10 percent) of the estimated future net revenues (calculated in accordance with criteria established by the Securities and Exchange Commission) for proved reserves attributable to the royalty interests but using the average monthly Blanco Hub Spot Price for the past calendar year less certain gathering costs is equal to or less than $30 million. As indicated in the notes to the financial statements of the Trust included in the Trust's most recent annual report on Form 10-K filed with the Securities and Exchange Commission, the 2009 commodity price outlook has resulted in uncertainty regarding the Trust's ability to avoid a termination event pursuant to the terms of the Trust Agreement.
The Trust is a grantor trust formed by The Williams Companies, Inc., parent company of WPC, and was designed to provide unitholders with quarterly cash distributions and tax credits under Section 29 of the Internal Revenue Code, which has expired as of 12/31/2002, from certain coal seam gas properties. The units are listed on The New York Stock Exchange under the symbol "WTU".
For additional information, including the latest financial reports on Williams Coal Seam Gas Royalty Trust, please visit our website at http://www.wtu-williamscoalseamgastrust.com/.
Williams Coal Seam Gas Royalty Trust
CONTACT: Ron E. Hooper, Senior Vice President of U.S. Trust, Bank of America Private Wealth Management, Trustee, 1-800-365-6544, for Williams Coal Seam Gas Royalty Trust
Web Site: http://www.wtu-williamscoalseamgastrust.com/
Sabine Royalty Trust Announces Monthly Cash Distribution for November
DALLAS, Nov. 4 /PRNewswire-FirstCall/ -- Sabine Royalty Trust , today declared a cash distribution to the holders of its units of beneficial interest of $0.19566 per unit, payable on November 30, 2009, to unit holders of record on November 16, 2009. Sabine's cash distribution history, current and prior year financial reports, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.sbr-sabineroyalty.com/.
This distribution reflects primarily the oil production for August 2009 and the gas production for July 2009, both including postings from the previous month's production. Preliminary production volumes are approximately 36,107 barrels of oil and 433,192 Mcf of gas. Preliminary average prices are approximately $65.53 per barrel of oil and $3.88 per Mcf of gas. The table below compares this month's production and prices to the previous month's:
Net to Trust Sales
Volumes Average Price
------- -------------
Oil Gas Oil Gas
(bbls) (Mcf) (per bbl) (per Mcf)
------ ----- --------- ---------
Current Month 36,107 433,192 $65.53 $3.88
Prior Month 33,676 449,449 $63.13 $3.78
Revenues are only posted and distributed when they are received. Most energy companies normally issue payment of royalties on or about the 25th of every month, and depending on mail delivery, a varying amount of royalties are not received until after the revenue posting on the last business day of the month. The revenues received after that date will be posted within 30 days of receipt.
Due to the timing of the end of the month of October, approximately $149,000 of revenue received will be posted in the following month of November in addition to normal receipts during November. Since the close of business in October and prior to this press release, approximately $708,000 in revenue has been received.
Approximately $740,000 for 2009 Ad Valorem taxes is being deducted from this month's distribution as compared to $443,000 for 2008. These payments are normal expenditures at this time of year.
Sabine Royalty Trust
CONTACT: Ron E. Hooper, Senior Vice President, U.S. Trust, Bank of America Private Wealth Management, Trustee, Toll Free Number, 1-800-365-6541
Web Site: http://www.sbr-sabineroyalty.com/
TracFone Wireless Launches SafeLink Wireless(R) to Aid 378,609 Low-Income Households in MarylandParticipants Receive Over an Hour of Free Talk Time Monthly and Free Wireless Cell Phone
ANNAPOLIS, Md., Nov. 4 /PRNewswire/ -- Today, TracFone Wireless, Inc., America's leading prepaid cell phone provider announced its launch of SafeLink Wireless® in Maryland. SafeLink Wireless is the first and only completely free offering of Lifeline - a U.S. government supported program that ensures telephone service is available and affordable for eligible low-income households.
The SafeLink Wireless service will provide eligible low-income households a free cell phone, mobile access to emergency services and free 64 minutes of airtime, monthly, for one year. The cell phone offers in-demand features: voicemail, text, call waiting, international calling to over 60 destinations and caller ID.
"As a part of everyday life, many of us take cell phones for granted but they are a vital method of communicating with the world around us," said Jose Fuentes, Director of Government Relations for TracFone. "For the over 378,000 households that qualify for Lifeline services in Maryland, SafeLink provides a modern necessity that could help them secure employment, communicate with their child-care provider, reach hospitals, fire departments, or police in the event of an emergency and they would receive that help at absolutely no cost. No other company is doing that," added Fuentes. SafeLink Wireless offers low-income families accessibility, freedom and the security in knowing that should an emergency occur - wherever they are, they will stay safe and stay connected.
The Federal Communications Commission (FCC) created the Lifeline program in 1984 and worked to update the service after the crises of Hurricanes Katrina and Rita, as well as the tragedy of September 11th. At the dawn of the 21st century, modern universal telephone service is necessary not only to ensure that the U.S. maintains a rapid, efficient, nationwide communications network, it is important for the purpose of national defense and to promote safety of life and property. By approving the SafeLink Wireless program, the FCC took action to enhance its Lifeline program and keep the right to communicate in pace with technology.
As technology continues to evolve, the digital divide remains a serious concern that may leave few options for those who lack the financial means to afford any sort of telephone service. The SafeLink program works to fulfill Lifeline's original goal to bridge this gap and to disprove the notion that access to wireless communications is a privilege or luxury.
The Funding and Delivery of Lifeline
Lifeline is part of the Low Income Program of the Universal Service Fund (USF), which is administered by the Universal Service Administrative Company (USAC) and is designed to ensure that quality telecommunications services are available to low-income customers at just, reasonable, and affordable rates. Over 1700 carriers are eligible to provide the program but TracFone is the first pre-paid company to have elevated the program to modern day communications. The Lifeline program is not funded from federal taxpayer dollars, but rather from contributions to the USF by telecommunications carriers collected in part from the Universal Service Charge billed to cell phone users.
By FCC design, telephone carriers deliver Lifeline assistance to low-income communities and traditionally, Lifeline customers receive a simple discount on their monthly landline telephone bill. The SafeLink program reshapes the Lifeline model by applying the USF subsidy towards a wireless minute allocation that becomes free monthly airtime for the customer. As TracFone provides the mobile handset at its own expense and does not require contracts or monthly bills, SafeLink customers now have access to a completely free offering of the Lifeline program.
If a customer wishes to use additional minutes beyond their monthly allotment, minutes can be added through prepaid TracFone airtime cards that can be purchased at local retailers. The prepaid feature gives customers the freedom to control the cost of their monthly telephone expense. Unused minutes do not expire and automatically rollover.
SAFELINK WIRELESS® SERVICE ELIGIBILITY OVERVIEW BY CITY
Top 10 Maryland state counties with the most eligible Lifeline participants:
Counties LOW-INCOME POPULATION
-------- ---------------------
Baltimore City 90,053
Baltimore 59,356
Prince Georges 41,508
Montgomery 36,873
Anne Arundel 21,761
Washington 13,588
Harford 13,535
Allegany 11,779
Frederick 11,407
Wicomico 9,707
Program Eligibility
To qualify for Lifeline in the state of Maryland, a household must participate in one of the following:
-- Electric Universal Service Program
-- Food Stamps
-- Maryland Energy Assistance Program
-- Medical Assistance
-- Public Assistance to Adults
-- Supplemental Security Income (SSI)
-- Temporary Cash Assistance
-- Temporary Disability Assistance Program
The SafeLink Wireless service will be provided to low-income families for up to one year, with one person per household receiving the free cell phone and benefits. Participants may renew service and will be required to re-submit eligibility documentation upon their year completion. If the participant no longer qualifies for this free service, they will be notified and will be able to keep the cell phone to continue enjoying the benefits as a regular TracFone customer. Existing TracFone customers qualifying for the SafeLink Wireless service may keep their current cell phone, and receive bonus minutes (one-time bonus only) for choosing to keep their current cell phone.
To learn more about the SafeLink Wireless service, including eligibility requirements, please call 1-800-SAFELINK (1-800-723-3546), or visit http://www.safelink.com/.
ABOUT TRACFONE WIRELESS, INC.
TracFone Wireless, Inc. is America's number one prepaid wireless service in the U.S with more than 10 million cell phone subscribers. TracFone is a subsidiary of America Movil, S.A.B. de C.V. ("AMX") (BMV: AMX; NYSE: AMX; Nasdaq: AMOV; LATIBEX: XAMXL), the leading provider of wireless services in Latin America with more than 153 million cell phone subscribers. For more information, please visit: http://www.tracfone.com/.
TracFone Wireless, Inc.
CONTACT: Marcos Cortez, +1-210-930-3339, ext.224, marcos@interlexusa.com, Callisto Griffith, +1-210-930-3339, ext.229, callisto@interlexusa.com
Web Site: http://www.tracfone.com/
Raven Industries, Inc. Sets Date and Time for Announcement of Third Quarter Results and Conference Call
SIOUX FALLS, S.D., Nov. 4 /PRNewswire-FirstCall/ -- Raven Industries, Inc. announced it will release third quarter financial results pre-market on Thursday, November 19, 2009.
The company will host a conference call for investors on Thursday November 19, 2009, at 3:00 p.m. Eastern Time. Investors may access the live call by visiting the company's website at http://www.ravenind.com/. Please log on to the website at least 15 minutes early to register, download and install any necessary audio software.
A replay of the call will be available until November 26, 2009 by dialing 888-203-1112, passcode 4391922. A replay of the call will also remain available on the company's website for 90 days following the call.
About Raven Industries, Inc.
Raven is an industrial manufacturer that provides electronic precision-agriculture products, reinforced plastic sheeting, electronics manufacturing services and specialty aerostats and sewn products to niche markets.
On the Internet, information is available at the company's website, http://www.ravenind.com/.
Raven Industries, Inc.
CONTACT: Tom Iacarella, Chief Financial Officer of Raven Industries, Inc., +1-605-336-2750; or Analyst/Media Inquiries, Leslie Loyet of Financial Relations Board, +1-312-640-6672, for Raven Industries, Inc.
Web Site: http://www.ravenind.com/
Asia Pacific Search Volume Reaches Record Level in SeptemberLocal Players and Global Brands Compete for Top Spots across Markets
SINGAPORE CITY, Singapore, Nov. 4 /PRNewswire-FirstCall/ -- comScore, Inc. , a leader in measuring the digital world, today released its latest report on search activity in the Asia-Pacific region based on data from its qSearch service. The study found that 38.6 billion searches were conducted in the region in September 2009, with searchers averaging nearly 88 queries per person during the month. Google Sites ranked as the top search destination in Asia Pacific, commanding more than 44 percent share of searches performed in the region.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080115/COMSCORELOGO)
Google Sites Captures Largest Share of Search in Asia Pacific
In September 2009, Internet users in Asia Pacific conducted 38.6 billion search queries, an increase of 33 percent from the previous year. Google Sites was the top search destination with nearly 17 billion searches performed on its sites during the month, accounting for 44.1 percent share of all searches in the region. Baidu.com Inc. followed with 8.2 billion searches (21.3 percent share), while Yahoo! Sites grabbed the #3 position with 5.3 billion searches (13.8 percent share).
Searchers in the region averaged nearly 88 searches per person during September. South Korea's NHN Corporation, which owns search engine Naver.com, saw the most prolific search intensity among the top 10 destinations with an average of 81 searches per searcher. Searchers on Google Sites averaged 59 searches per person, while searchers on Lycos Sites averaged 51 queries.
Top 10 Search Properties in Asia Pacific by No. of Searches
September 2009
Total Asia Pacific Internet Audience*, Age 15+ - Home & Work Locations
Source: comScore qSearch
------------------------
Searches
Searches Share of Per
(MM) Searches Searcher
---------- --------- ---------
Total Internet 38,585 100.0% 87.5
-------------- ------ ----- ----
Google Sites 16,997 44.1% 58.5
-------------- ------ ---- ----
Baidu.com Inc. 8,228 21.3% 44.5
-------------- ----- ---- ----
Yahoo! Sites 5,340 13.8% 41.3
------------ ----- ---- ----
NHN Corporation 1,959 5.1% 80.5
--------------- ----- --- ----
Microsoft Sites 1,093 2.8% 9.5
--------------- ----- --- ---
Lycos Sites 997 2.6% 51.0
----------- --- --- ----
Alibaba.com Corporation 949 2.5% 15.6
----------------------- --- --- ----
Tencent Inc. 790 2.0% 8.6
------------ --- --- ---
Facebook.com 259 0.7% 8.0
------------ --- --- ---
Sohu.com Inc. 230 0.6% 8.9
------------- --- --- ---
*Excludes visitation from public computers such as Internet cafes or
access from mobile phones or PDAs.
Local Players and Global Brands Compete for Searcher Loyalty Across Markets
An analysis of top search destinations across the 10 individual markets in the Asia-Pacific region currently reported by comScore revealed various search brand preferences across markets. Google Sites was the search market share leader in six of the markets including Australia, India, Japan, Malaysia, New Zealand and Singapore. Yahoo! Sites captured the majority share of searches in Hong Kong (58.9 percent) and Taiwan (65.4 percent).
Although multinational search brands led many of the markets in the region, the popularity of local brands was evident in both China and South Korea. Baidu.com Inc. led as China's top search destination with 63 percent share of searches performed, while NHN Corporation captured 49.3 percent of queries in Korea, leading the market as the top destination.
Top Search Property in Individual Asia Pacific Markets by Share of
Searches
September 2009
Total Internet Audience*, Age 15+ - Home & Work Locations
Source: comScore qSearch
------------------------
Top Search
Property in Share of
Market Searches
--------------- --------
Australia Google Sites 83.4%
--------- ------------ ----
China Baidu.com Inc. 63.0%
----- -------------- ----
Hong Kong Yahoo! Sites 58.9%
--------- ------------ ----
India Google Sites 89.1%
----- ------------ ----
Japan Google Sites 47.5%
----- ------------ ----
Malaysia Google Sites 71.1%
-------- ------------ ----
New Zealand Google Sites 80.5%
----------- ------------ ----
Singapore Google Sites 72.3%
--------- ------------ ----
South Korea NHN Corporation 49.3%
----------- --------------- ----
Taiwan Yahoo! Sites 65.4%
------ ------------ ----
* Excludes visitation from public computers such as Internet cafes or
access from mobile phones or PDAs.
"The competition between local and global brands to capture search market share around the world continues to be an ongoing battle," said Will Hodgman, comScore executive vice president for the Asia-Pacific region. "As multinational brands continue to expand across borders, understanding the online behaviors and preferences of local audiences will be a central component to implementing successful digital marketing strategies that capitalize on this lucrative and growing market."
About comScore
comScore, Inc. is a global leader in measuring the digital world and preferred source of digital marketing intelligence. For more information, please visit http://www.comscore.com/companyinfo.
Follow us on Twitter
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comScore, Inc.
CONTACT: Sarah Radwanick of comScore, Inc., +1-312-775-6538, press@comscore.com
Web Site: http://www.comscore.com/
U.S. Food and Drug Administration Clears Alcatel-Lucent Remote Patient Monitoring Solution for Sale in the United States
PARIS, Nov. 4 /PRNewswire/ -- Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announced that the Alcatel-Lucent TeleHealth Manager, a secure and reliable remote patient monitoring solution, has been cleared by the U.S. Food and Drug Administration (FDA) for marketing in the United States.
The Alcatel-Lucent TeleHealth Manager supports remote patient monitoring with an easily deployable solution for standard mobile phones from leading vendors. It allows patients to provide health data using devices they're already familiar with (e.g., mobile phones and medical devices such as blood glucose meters) in a secure manner, without the expense, time and potential exposure to other diseases that unnecessary clinical visits might entail. In addition to monitoring, TeleHealth Manager provides reminders, alerts and online reports to help patients and their healthcare professionals better understand and manage their conditions.
Faced with challenges such as an aging population and rising healthcare costs, hospitals and physicians are increasingly turning to innovative communications technologies such as remote patient monitoring to supplement face-to-face care. Especially for patients with chronic diseases such as diabetes and hypertension, remote patient monitoring offers an efficient and accurate way for care providers to regularly gather potentially lifesaving data. While cost effective for health care systems and home care agencies, remote monitoring also offers convenience, cost savings and empowerment to patients -- and enables more informed treatment decisions that can result in improved outcomes.
"The Alcatel-Lucent TeleHealth Manager supports our focus to enable patient-centric healthcare through technology," said Tom Burns, head of Alcatel-Lucent's enterprise and verticals business. "With the FDA clearance to market this cutting-edge solution in the United States, clinicians and patients will be able to better work together to monitor and manage certain chronic diseases."
With the TeleHealth Manager solution, Alcatel-Lucent has taken advantage of its strong relationships with telecom service providers and healthcare organizations, and its global expertise in fixed and mobile telephony. The Alcatel-Lucent TeleHealth Manager requires minimal capital investment to deploy and can be hosted by a telecom service provider, a healthcare organization or offered as a managed service by Alcatel-Lucent.
Additional information about Alcatel-Lucent healthcare solutions is available online.
About Alcatel-Lucent
Alcatel-Lucent (Euronext Paris and NYSE: ALU) is the trusted partner of service providers, enterprises and governments worldwide, providing solutions to deliver voice, data and video communication services to end-users. A leader in fixed, mobile and converged broadband networking, IP technologies, applications and services, Alcatel-Lucent leverages the unrivalled technical and scientific expertise of Bell Labs, one of the largest innovation powerhouses in the communications industry. With operations in more than 130 countries and the most experienced global services organization in the industry, Alcatel-Lucent is a local partner with a global reach. Alcatel-Lucent achieved revenues of Euro 16.98 billion in 2008 and is incorporated in France, with executive offices located in Paris. For more information, visit Alcatel-Lucent on the Internet: http://www.alcatel-lucent.com/
Alcatel-Lucent
CONTACT: Press, Peter Benedict, +33 (0)1 40 76 50 84, pbenedict@alcatel-lucent.com, or Tracy Dupree, +1-818-878-4408, tracy.dupree@alcatel-lucent.com, or Investor Relations, Remi Thomas, +33 (0)1 40 76 50 61, remi.thomas@alcatel-lucent.com, or Don Sweeney, +1-908-582-6153, dsweeney@alcatel-lucent.com, or Tom Bevilacqua, +1-908-582-7998, bevilacqua@alcatel-lucent.com, Tony Lucido, + 33 (0)1 40 76 49 80, alucido@alcatel-lucent.com, all of Alcatel-Lucent
Web Site: http://www.alcatel-lucent.com/
ShengdaTech, Inc. Receives Approval for NPCC Acquisition in Anhui Province
SHANGHAI, Nov. 4 /PRNewswire-Asia-FirstCall/ -- ShengdaTech, Inc. ("ShengdaTech" or the "Company") , a leading manufacturer of nano-precipitated calcium carbonate ("NPCC") in China, today announced that the Bureau of Commerce of Anhui Province, People's Republic of China ("PRC"), approved the Equity Transfer Agreement between ShengdaTech, Inc. and Anhui Chaodong Cement Co., Ltd. ("Chaodong Cement") to acquire Anhui Chaodong Nanomaterials Science and Technology Co., Ltd. ("Chaodong").
On August 29, 2009, ShengdaTech signed an Equity Transfer Agreement with Chaodong Cement to acquire 100% of the equity interest of Chaodong, including existing building, equipment, and mining rights to approximately 14.25 million tons of limestone reserves for approximately $3.8 million. Chaodong is an inactive NPCC facility with approximately 10,000 metric tons of annual NPCC production capacity in Anhui Province. The Company will not assume any liabilities of Chaodong as of the date of the acquisition.
ShengdaTech will begin to obtain the business licenses and registrations that are necessary to operate Chaodong. The Company will rename Chaodong to Puxi Nanomaterials Co., Ltd. ("Puxi"). Upon receipts of these required documents, the Company will invest an additional $2.9 million in Puxi for technological upgrades at the production facility, at which time the Company will then commence the trial production. Concurrent with the upgrades, ShengdaTech plans to finalize the agreement to purchase land-use rights for approximately 66,767 square meters (16.5 acres) of land from the local government of Hanshan County, Anhui Province (the "Hanshan County government") for the existing Chaodong facility at an estimated cost of approximately $4.4 million.
In connection with the acquisition, the Company plans to implement the Project Investment Contract with the Hanshan County government dated August 28, 2009, which became effective upon the approval of the Equity Transfer Agreement, to expand the existing NPCC facility to add another 200,000 metric tons of production capacity with a total investment commitment, of approximately $175.7 million. The investment includes the expansion of production capacity, acquisition of additional land-use rights for approximately 341,335 square meters (84.35 acres) of property adjacent to Chaodong that can ultimately accommodate the additional 200,000 metric tons of NPCC production facilities, and exclusive rights to an additional 60 million metric tons of quality limestone. The Company plans to make the investment in several phases through 2013, based on market demand.
"Receiving approval from the Bureau of Commerce of Anhui Province is a major step forward in completing the acquisition of Chaodong. We are excited to expand our footprint into the high-potential Yangtze River Delta economic region. We will leverage our strong sales force and new NPCC application development to expand aggressively into domestic and international markets, which are essential to our strategic direction and continued growth," commented Mr. Xiangzhi Chen, president and CEO of ShengdaTech. "In addition, the availability of high-quality limestone reserves is an important element in increasing NPCC capacity and was a key factor in our decision to enter Anhui Province. We believe our newly acquired facility and the mining and land-use rights we now have in this vital economic region create significant barriers to entry for our competitors, thereby strengthening our leading position in the NPCC industry."
About ShengdaTech, Inc.
ShengdaTech is engaged in the business of manufacturing, marketing, and selling nano-precipitated calcium carbonate ("NPCC") products. The Company converts limestone into NPCC using its proprietary and patent-protected technology. ShengdaTech is the only company possessing proprietary NPCC technology in China. In addition to its broad customer base in China, the Company currently exports to Singapore, Thailand, South Korea, Malaysia, Vietnam, India and Israel. For more information, contact CCG Investor Relations directly or go to ShengdaTech's website at http://www.shengdatechinc.com/ .
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Certain statements in this press release and oral statements made by ShengdaTech on its conference call in relation to this release, constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These statements include, without limitation, statements regarding the Company's ability to resume operations at Chaodong and expand its manufacturing expansion, ability to win new customers in the Yangtze River Delta, and predictions and guidance relating to the Company's future financial performance. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs but they involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, which may include, but are not limited to, such factors as unanticipated changes in product demand especially in the tire industry, changes in composition of tires, the Company's ability to meet the planned expansion schedule for its NPCC capacity, the Company's ability to identify acquisition targets, changes to government regulations, risk associated with operation of the Company's new manufacturing facility, ability to attract new customers, ability to increase its product's applications, ability of its customers to sell products, cost of raw material, downturns in the Chinese economy, and other information detailed from time to time in the Company's filings and future filings with the United States Securities and Exchange Commission. You are urged to consider these factors care in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements made herein speak only as of the date of this press release and the Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.
For more information, please contact:
Andrew Chen, Chief Financial Officer
ShengdaTech, Inc.
Tel: +86-21-5835-8738
Email: andrew.chen@shengdatech.com
Web: http://www.shengdatechinc.com/
Crocker Coulson, President
CCG Investor Relations
Tel: +1-646-213-1915
Email: crocker.coulson@ccgir.com
Web: http://www.ccgirasia.com/
ShengdaTech, Inc.
CONTACT: Andrew Chen, Chief Financial Officer of ShengdaTech, Inc., +86- 21-5835-8738, or andrew.chen@shengdatech.com; Crocker Coulson, President of CCG Investor Relations, +1-646-213-1915, or crocker.coulson@ccgir.com
Web Site: http://www.shengdatechinc.com/ http://www.ccgirasia.com/
Astea International to Webcast Third Quarter 2009 Results
HORSHAM, Pa., Nov. 4 /PRNewswire-FirstCall/ -- Astea International Inc. will release the company's third quarter 2009 financial results on Tuesday, November 10, 2009. On Wednesday, November 11, 2009, management will host a conference call that will be broadcast live over the Internet. Zack Bergreen, Chief Executive Officer, Rick Etskovitz, Chief Financial Officer, and John Tobin, President, will host the call.
November 11, 2009
11:00 a.m. EST
http://www.astea.com/
The conference call can be found under the subheading, "About Us," and then "Investors," or use the following URL to access the link: http://www.astea.com/about_investors.asp. To listen to the live call via the Internet, please go to the website at least fifteen minutes early to register, download, and install any necessary audio software. To listen to the live call via the telephone, please call 1-877-407-3140. For calls from outside North America, please dial 1-201-689-8473. For those who cannot listen to the live broadcast, a replay will be available, via the Internet, two hours after the call and will remain available for sixty days.
About Astea International
Astea International is a global provider of software solutions that offer all the cornerstones of service lifecycle management, including customer management, service management, asset management, forward and reverse logistics management and mobile workforce management. Astea's solutions link processes, people, parts, and data to empower companies and provide the agility they need to achieve sustainable value in less time, and successfully compete in a global economy. Since 1979, Astea has been helping more than 400 companies achieve new levels of service excellence. http://www.astea.com/. Service Smart. Enterprise Proven.
© 2009 Astea International Inc. Astea and Astea Alliance are trademarks of Astea International Inc. All other company and product names contained herein are trademarks of the respective holders.
Astea International Inc.
CONTACT: Rick Etskovitz, Chief Financial Officer of Astea International, +1-215-682-2500, retskovitz@astea.com
Web Site: http://www.astea.com/
Freddie Mac Prices $1 Billion Reopening of 1.125% Two-Year Reference Notes(R) Security
MCLEAN, Va., Nov. 4 /PRNewswire-FirstCall/ -- Freddie Mac announced today that it auctioned a $1 billion reopening of its 1.125% two-year USD Reference Notes® security that matures on December 15, 2011. The stop yield for the issue, CUSIP 3137EACF4, was 1.179%, priced at 99.886974, or approximately 24.5 basis points more than two-year U.S. Treasury Notes. The bid-to-cover ratio was 4.01 to 1.
After the reopening, which was conducted via an Internet-based auction, the outstanding size of the 1.125% three-year Reference Notes security will be $4.5 billion. The issue will settle on November 5, 2009, and is listed on the Euro MTF market of the Luxembourg Stock Exchange.
This announcement is not an offer to sell any Freddie Mac securities. Offers for any given security are made only through applicable offering circulars and related supplements, which incorporate Freddie Mac's Annual Report on Form 10-K for the year ended December 31, 2008, filed with the Securities and Exchange Commission ("SEC") on March 11, 2009, and all documents that Freddie Mac files with the SEC pursuant to Section 13(a), 13(c) or 14 of the Securities Exchange Act of 1934, excluding any information "furnished" to the SEC on Form 8-K.
Freddie Mac's press releases sometimes contain forward-looking statements. A description of factors that could cause actual results to differ materially from the expectations expressed in these and other forward-looking statements can be found in the company's Annual Report on Form 10-K for the year ended December 31, 2008 and its reports on Form 10-Q and Form 8-K, filed with the SEC and available on the Investor Relations page of the company's Web site at http://www.freddiemac.com/investors and the SEC's Web site at http://www.sec.gov/.
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters. http://www.freddiemac.com/
Freddie Mac
CONTACT: Media: Michael Cosgrove, +1-703-903-2123, or Investors: Sean Forde, +1-571-382-4090
Web Site: http://www.freddiemac.com/
SED International Holdings To Announce Fiscal 2010 First Quarter Results on Thursday, November 12, 2009Management to Host Teleconference and Webcast Same Day Beginning at 4:15 PM ET
TUCKER, Ga., Nov. 4 /PRNewswire-FirstCall/ -- SED International Holdings, Inc. (BULLETIN BOARD: SECX) , a multinational supply chain management provider and distributor of leading computer technology, wireless communications, consumer electronics and small appliances, today announced that it will announce its results for the fiscal 2010 first quarter, ended September 30, 2009, on the morning of Thursday, November 12, 2009. The related 10-Q will also be filed that same morning and will be available for viewing at http://www.sec.gov/.
SED will also host a teleconference and webcast that afternoon beginning at 4:15 PM Eastern, and invites all interested parties to join management in a discussion regarding the Company's financial results, corporate progression and other meaningful developments. The conference call can be accessed via telephone by dialing toll free 1-877-941-1428 or via the Internet on http://www.sedonline.com/. For those unable to participate at that time, a replay of the webcast will be available for 90 days on http://www.sedonline.com/.
ABOUT SED INTERNATIONAL HOLDINGS, INC.
Founded in 1980, SED International Holdings, Inc. is a multinational, preferred distributor of leading computer technology, wireless communications, consumer electronics and small appliances. The Company also offers custom-tailored supply chain management services ideally suited to meet the priorities and distribution requirements of the e-commerce, Business-to-Business and Business-to-Consumer markets. Headquartered near Atlanta, Georgia with business operations in California; Florida; Georgia; Texas; Bogota, Colombia and Buenos Aires, Argentina, SED serves a customer base of over 10,000 channel partners and retailers in the U.S. and Latin America. To learn more, please visit http://www.sedonline.com/; or follow us on Twitter @SEDIntl.
Statements made in this Press Release that are not historical or current facts are "forward-looking statements." These statements often can be identified by the use of terms such as "may," "will," "expect," "believes," "anticipate," "estimate," "approximate" or "continue," or the negative thereof. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Any forward-looking statements represent management's best judgment as to what may occur in the future. However, forward-looking statements are subject to risks, uncertainties and important factors beyond the control of the Company that could cause actual results and events to differ materially from historical results of operations and events and those presently anticipated or projected. These factors include adverse economic conditions, entry of new and stronger competitors, inadequate capital, unexpected costs, failure to gain product approval in foreign countries and failure to capitalize upon access to new markets. The Company disclaims any obligation to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events. These factors and others are discussed in the "Management's Discussion and Analysis" section of the Company's Reports on Form 10-K for the fiscal year ended June 30, 2009 and Form 10-Q for the quarter ended September 30, 2009.
FOR MORE INFORMATION, PLEASE CONTACT
Elite Financial Communications Group, LLC
Dodi Handy, President and CEO (Twitter: dodihandy)
Kathy Addison, Directors of Elite Media Group (Twitter: kathyaddison)
407-585-1080 or via email at SECX@efcg.net
SED International Holdings, Inc.
CONTACT: Elite Financial Communications Group, LLC: Dodi Handy, President and CEO (Twitter: dodihandy), Kathy Addison, Directors of Elite Media Group (Twitter: kathyaddison), +1-407-585-1080, SECX@efcg.net, for SED International Holdings, Inc.
Web Site: http://www.sedonline.com/
Leading 4G Network Build, Verizon Wireless Also Focuses on Fueling LTE Ecosystem, CollaborationAt LTE Americas 2009, Verizon Wireless CTO Melone Outlines Wireless Leader's Path to LTE
BASKING RIDGE, N.J., and DALLAS, Nov. 4 /PRNewswire/ -- From the LTE Americas 2009 Conference, Tony Melone, Verizon Wireless senior vice president and chief technology officer, said in his keynote this morning that Verizon Wireless' commitment to network leadership is elementary as it rolls out the nation's first 4G Long Term Evolution (LTE) wireless network, and that this leadership commitment extends to "fostering global collaboration and enabling the broader ecosystem needed to exploit the capabilities of a great network." Melone's full remarks may be found at http://www.verizonwireless.com/lte.
He noted his company's belief that "4G is much more than the sum of higher bandwidth and lower latency. It's really about embedding broadband wireless into the typical consumer's life - and it's about embedding broadband wireless into the basic functions of business and industry.
"We believe the combination of our aggressive deployment and our single-frequency footprint will attract premium partners and make Verizon Wireless the first place that device and applications developers come to sell their products, and ultimately, the first place that customers come to for their 4G services," Melone said.
He emphasized that "we can't just wait and let these expectations unfold - we need to drive it," and that's why in addition to building one of the first 4G LTE wireless networks on the globe, Verizon Wireless is taking a proactive approach to fuel this ecosystem of innovation through many collaborative initiatives, including:
-- Open Development - Established to help third-party developers create
and certify devices to run on the company's network. As a result,
Verizon Wireless now has a tested and proven process to certify the
multitude of specialty devices that will come as the 4G ecosystem
evolves.
-- Verizon LTE Innovation Center - An incubator for early development of
both traditional and non-traditional products to help the consumer
electronics and other industries quickly bring products to market for
use on 4G LTE networks.
-- Verizon Developer Community and V CAST Apps - A robust group of
application developers that can take advantage of the company's scale
and distribution to market their applications to Verizon Wireless
customers through its forthcoming application store.
-- 4G Venture Forum - Verizon Wireless recently created this new entity
that brings together a number of highly regarded venture capital
funds, along with its primary infrastructure providers, to quickly
identify and commercialize innovation that will harness 4G wireless
networks.
-- Strategic Partnership with Google - Both companies will devote
substantial resources to accelerate delivery of leading-edge
innovation that leverages the Verizon Wireless network and the best of
the Android open platform to put unique applications in the hands of
consumers quickly.
-- Joint Innovation Lab - A venture with China Mobile, Japan's Softbank
and Vodafone at the forefront in developing a software platform to
allow developers to create mobile applications to run seamlessly
across multiple operating systems.
"This type of collaboration was virtually non-existent in our 2G and 3G world," Melone said. "But LTE offers that global sandbox we all can play in. From equipment vendors and manufacturers, to network operators, to application and widgets developers, and finally and most important, through to our customers - the entire ecosystem can benefit from the simplicity, efficiencies and economies of scale created by a global standard."
Highlighting Verizon Wireless' partnership with Vodafone, Melone said the relationship has enabled the companies to work side by side on LTE trials, sharing valuable findings and best practices.
Melone used "One Voice," an effort by Verizon Wireless, Vodafone and seven other companies announced earlier this morning, as another example of global collaboration, stating that these companies will work together to define a standards-based solution for Voice Over LTE and noting that the solution will do for roaming what inter-carrier SMS did for text messaging. Visit http://news.vzw.com/news/2009/11/pr2009-11-03a.html to see the news release from "One Voice" partners.
While pursuing these collaborative initiatives, the company remains focused on the fundamental core of its business: building the best wireless networks, a philosophy it will extend to its 4G LTE network.
"The potential devices and applications possible with 4G cannot work as intended if the network they ride on isn't fundamentally sound. We can build in all the bells and whistles and make lots of bold claims, but none of it will matter if the LTE network we collectively build isn't reliable. I can promise you that reliability will continue to be front and center at Verizon Wireless and for our customers," Melone said.
He reiterated the company's aggressive 4G LTE network build plan, saying Verizon Wireless plans to launch in 25 to 30 markets in 2010 and cover virtually all of its current nationwide 3G footprint with the next-generation network by the end of 2013.
Visit http://www.verizonwireless.com/lte for more information about Verizon Wireless' LTE 4G network.
About Verizon Wireless
Verizon Wireless operates the nation's most reliable and largest wireless voice and 3G data network, serving 89 million customers. Headquartered in Basking Ridge, N.J., with 85,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone (NYSE and LSE: VOD). For more information, visit http://www.verizonwireless.com/. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at http://www.verizonwireless.com/multimedia.
Verizon Wireless
CONTACT: Jeffrey Nelson, Verizon Wireless, +1-908-559-7519, Jeffrey.Nelson@verizonwireless.com
Web Site: http://www.verizonwireless.com/
Company News On-Call: http://www.prnewswire.com/comp/094251.html
BNY Mellon Corporate Trust Appointed Trustee, Paying Agent and Registrar for FYI Properties' $305 Million Bond Issue
NEW YORK, Nov. 4 /PRNewswire-FirstCall/ -- BNY Mellon Corporate Trust has been appointed trustee, paying agent and registrar for FYI Properties' $305 million bond issue, the proceeds of which will help the State of Washington finance its new Technologies Building. FYI Properties is a nonprofit corporation created by the National Development Council to finance, build and maintain the State of Washington's IT facilities.
In its role, BNY Mellon Corporate Trust will provide a variety of services for the debt issue, including processing principal and interest payments and maintaining bondholder records.
BNY Mellon Corporate Trust services nearly $12 trillion in outstanding debt from 58 locations in 20 countries. Its clients include governments and their agencies, multinational corporations, financial institutions and other entities that access the global debt capital markets. The corporate trust business utilizes its global footprint and expertise to deliver a full range of issuer and related investor services and develop customized and market-driven solutions. Its range of core services includes debt trustee, paying agency, escrow and other fiduciary offerings.
Corporate trust providers are appointed by debt issuers as well as fund and collateral management institutions to perform a variety of services related to debt and collateral administration, safekeeping, direct cash and investment management, portfolio and transparency analytics, reporting, and final asset disposition and distribution activities.
BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation . BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $22.1 trillion in assets under custody and administration and $966 billion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. Additional information is available at http://www.bnymellon.com/.
BNY Mellon
CONTACT: Kevin Heine, +1 212-635-1590, kevin.heine@bnymellon.com
Web Site: http://www.bnymellon.com/
Richard Sulpizio Joins CA's Board of DirectorsFormer Qualcomm Executive Brings More Than 35 Years of International Business Expertise
ISLANDIA, N.Y., Nov. 4 /PRNewswire-FirstCall/ -- CA , the world's leading independent IT management software company, today announced that Richard Sulpizio has been elected to its Board of Directors effective immediately. Sulpizio also has been named to both the Board's Compensation and Human Resources and Corporate Governance Committees.
"Rich brings extensive international business experience and leadership as well as considerable operational expertise," said CA Executive Chairman Bill McCracken. "We are delighted to welcome him to the CA Board and look forward to his active participation."
Sulpizio's appointment increases the Board membership to 10, eight of whom are independent.
Sulpizio retired in July 2001 as president and chief operating officer of Qualcomm Inc., a leading mobile technologies company. After his retirement, Sulpizio returned to Qualcomm to serve in several successive high-level executive positions including president of Qualcomm China, president of Qualcomm Europe and president and chief executive officer of MediaFLO, USA, Inc., a Qualcomm subsidiary chartered with bringing multimedia services to the wireless industry. Sulpizio was a member of Qualcomm's Board of Directors from 2000 until 2007.
Sulpizio, 59, has been serving as a director of ResMed, Inc., a global developer, manufacturer, and marketer of medical products, since August 2005. He also currently serves on the advisory board of the University of California San Diego's Sulpizio Family Cardiovascular Center and the Board of Directors of the Danny Thompson Memorial Leukemia Foundation.
Sulpizio holds a bachelor of arts degree from California State University, Los Angeles, and a master's degree in systems management from the University of Southern California.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090402/NYTH500LOGO)
About CA
CA , the world's leading independent IT management software company, helps customers optimize IT for better business results. CA's Enterprise IT Management solutions for mainframe and distributed computing enable Lean IT -- empowering organizations to more effectively govern, manage and secure their IT operations. For more information, visit http://www.ca.com/.
Connect with CA
-- CA Social Media Page
-- CA Newsletters
-- CA Press Releases
-- CA Podcasts
Trademarks
Copyright © 2009 CA. All Rights Reserved. One CA Plaza, Islandia, N.Y. 11749. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.
Press contact:
Jennifer Hallahan
Public Relations
(212) 415-6924
jennifer.hallahan@ca.com
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CA
CONTACT: Jennifer Hallahan, Public Relations, +1-212-415-6924, jennifer.hallahan@ca.com
Web Site: http://ca.com/
CME Group Managing Director of Products and Services to Present at Keefe, Bruyette & Woods Sixth Annual Securities Brokerage & Market Structure Conference, November 5
CHICAGO, Nov. 4 /PRNewswire-FirstCall/ -- CME Group announced today that Rick Redding, Managing Director of Products and Services, will present at the Keefe, Bruyette & Woods Sixth Annual Securities Brokerage & Market Structure Conference to be held in New York City on Thursday, November 5, at 11:15 a.m. (Eastern Time).
The presentation will be broadcast live over the Internet and can be accessed via the exchange's web site at http://investor.cmegroup.com/. Please allow extra time prior to the presentation to visit the site and download the streaming media software required to listen to the Internet broadcast. Accompanying slides will also be available at the same location. An audio Webcast will be available for replay at the same address approximately 24 hours following the conclusion of the conference.
As the world's largest and most diverse derivatives marketplace, CME Group (http://www.cmegroup.com/) is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the largest central counterparty clearing services in the world, which provides clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort®. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.
The Globe logo, CME, Chicago Mercantile Exchange, CME Group, Globex, E-mini and CME ClearPort are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago. NYMEX and New York Mercantile Exchange are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. All other trademarks are the property of their respective owners. Further information about CME Group and its products can be found at http://www.cmegroup.com/.
CME-G
CME Group
CONTACT: Media, Anita Liskey, +1-312-466-4613, or William Parke, +1-312-930-3467, news@cmegroup.com, or Investors, John Peschier, +1-312-930-8491, all of CME Group
Web Site: http://www.cme.com/
LivePerson to Present at Merriman Curhan Ford's Investor Summit 2009 on November 10th
NEW YORK, Nov. 4 /PRNewswire-FirstCall/ -- LivePerson, Inc. , a leading provider of online engagement solutions that facilitate real-time assistance and expert advice, today announced that Tim Bixby, President and CFO will present at Merriman Curhan Ford's 6th annual Investor Summit. The event will be held on November 10 in New York City. LivePerson's presentation will be held at 12:00 PM ET, and will include a review of the company's business strategy and historical financial results. More information about the conference can be found at: http://www.mcfco.com/
About LivePerson
LivePerson is a provider of online engagement solutions that facilitate real-time assistance and expert advice. Connecting businesses and experts with consumers seeking help on the Web, LivePerson's hosted software platform creates more relevant, compelling and personalized online experiences. Every month, LivePerson's intelligent platform helps millions of people succeed online; more than 8,000 companies, including EarthLink, Hewlett-Packard, Microsoft, Qwest and Verizon, rely on LivePerson to maximize the impact of the online channel. LivePerson is headquartered in New York City.
About Merriman Curhan Ford
Merriman Curhan Ford is a financial services firm focused on fast-growing companies and the institutions that invest in them. The company offers high-quality investment banking, equity research, institutional services and corporate & venture services, and specializes in five growth industry sectors: CleanTech, Consumer, Media & Internet, Health Care, Natural Resources and Technology. For more information, please go to http://www.mcfco.com/.
LivePerson, Inc.
CONTACT: Kevin Kohn, LivePerson, Inc., +1-212-609-4240, kkohn@liveperson.com; or Budd Zuckerman, Genesis Select Corp., +1-303-415-0200, budd@genesisselect.com
Web Site: http://www.liveperson.com/
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