Companies news of 2011-06-01 (page 1)

  • Dice Holdings, Inc. to Present at the William Blair 31st Annual Growth Stock Conference
  • ATA Declares Special Cash Dividend of $0.43 per ADS
  • ATA Reports Fiscal 2011 Fourth Quarter and Year-end Financial ResultsCompany to Hold...
  • API Technologies Completes Acquisition of Spectrum Control
  • AirTran Airways Partners With Expedia Affiliate Network to Enhance Travel OfferingAirTran...
  • Intersections Inc. Offers Summer Travelers Advice on How to Protect Themselves From...
  • General Dynamics Board Declares Dividend, Authorizes Share Repurchases
  • Travelzoo Getaways Delivers 28,000 Room Nights for 40 Upscale Resorts
  • IBM Continues Africa Expansion with New Office in TanzaniaStrengthens IBM's Operations in...
  • Groupon and Expedia Partner to Launch Travel Deals SiteGroupon Getaways(TM) with Expedia...
  • Texas Instruments to webcast its 2Q11 mid-quarter financial update
  • MEDIA ADVISORY/ALERT: Synopsys Hosts Special Events With Industry Leaders at DAC 2011
  • Air Products' CFO to Address JP Morgan Diversified Industries Conference
  • East Coast Diversified Addresses Recent Market Activity
  • Groupon Leads Latin America as Most-Visited Coupon Site in RegionBrazil, Argentina and...
  • Myriad to Ship Industry-Leading Java Virtual Machine on Qualcomm's Brew Mobile Platform
  • AT&T Study: L.A. Businesses Widely Invest in Disaster Protection and Budget for Innovation...
  • Longtop Financial Technologies Limited Announces Board Acceptance of Resignation of Chief...
  • Nearly 85% of U.S. Businesses Ready to 'Weather the Storm' Due to Planning: AT&T...
  • LocatePC now Available With the World's 2nd Largest Retail Distributor of SoftwareLocatePC...
  • Destiny Media Added to Profit 200 Ranking of Canada's Fastest-Growing Companies
  • Whirlpool Brand Meets Homeowner Accessibility Needs with New ADA-Compliant Ranges
  • Cable&Wireless Worldwide Extends Video Conferencing Suite Enabling Video Calls Across All...
  • Lockheed Martin Demonstrates Coalition Intelligence Interoperability at U.S. Joint Forces...
  • Residents of Greene County, Iowa to Benefit From Verizon Wireless 3G Network Enhancements
  • Cable&Wireless Worldwide Extends Video Conferencing Suite Enabling Video Calls Across All...
  • Reacting to Early Sales Success and Exciting Customer Demand, SureWest Accelerates 5,000...
  • Light Reading India Debuts
  • Sonic Foundry Event Services Webcasts Annual Conference for the New Urbanism (CNU)Sessions...



    Dice Holdings, Inc. to Present at the William Blair 31st Annual Growth Stock Conference

    NEW YORK, June 1, 2011 /PRNewswire/ -- Dice Holdings, Inc. today announced that Scot Melland, Chairman, President & CEO will present on Wednesday, June 15, 2011 at the William Blair 31st Annual Growth Stock Conference held in Chicago. The presentation will begin at 9:00 a.m. Eastern time/8:00 a.m. Central time.

    The presentation will be webcast live on the investor relations section of the Company's website at www.diceholdingsinc.com.

    About Dice Holdings, Inc.

    Dice Holdings, Inc. is a leading provider of specialized career websites for professional communities, including technology and engineering, financial services, energy, healthcare, and security clearance. Our mission is to help our customers source and hire the most qualified professionals in select and highly skilled occupations, and to help those professionals find the best job opportunities in their respective fields and further their careers. For more than 20 years, we have built our company by providing our customers with quick and easy access to high-quality, unique professional communities and offering those communities access to highly relevant career opportunities and information. Today, we serve multiple markets primarily in North America, Europe, the Middle East, Asia and Australia.

    Investor & Media Contact:

    Jennifer Bewley
    Director, Investor Relations & Corporate Communications
    Dice Holdings, Inc.
    212-448-8288
    ir@dice.com

    Dice Holdings, Inc.

    Web site: http://www.diceholdingsinc.com/




    ATA Declares Special Cash Dividend of $0.43 per ADS

    BEIJING, June 1, 2011 /PRNewswire-Asia-FirstCall/ -- ATA Inc. , a leading provider of computer-based testing and testing-related services in China, today announced that its Board of Directors has declared a special cash dividend of US$0.215 per common share, or US$0.43 per American Depositary Share (ADS).

    The total amount of cash distributed in the dividend is expected to be approximately $10.0 million. The dividend will be paid on or around August 1, 2011 to all shareholders of record as of the close of business on June 30, 2011.

    The number of weighted average ADSs used to calculate basic and diluted earnings per ADS for the quarter ended March 31, 2011 were both 22.3 million and for the fiscal year ended March 31, 2011 were both 22.2 million. Each ADS represents two common shares. ATA had 44.6 million common shares outstanding on March 31, 2011 and 44.4 million common shares outstanding on March 31, 2010.

    Mr. Kevin Ma, Chairman and CEO, stated, "We feel that this special dividend is a strong indicator of our ability to produce free cash flow and allows us to return capital to our loyal shareholders."

    As of March 31, 2011, the Company had $40.9 million in cash and cash equivalents on a consolidated basis.

    About ATA Inc.

    ATA is a leading provider of computer-based testing services in China. The Company offers comprehensive services for the creation and delivery of computer-based tests based on its proprietary testing technologies and test delivery platform. ATA's computer-based testing services are used for professional licensure and certification tests in various industries, including information technology services, banking, teaching, securities, insurance, and accounting. ATA's test center network comprised 2,018 authorized test centers located throughout China as of March 31, 2011. The Company believes it has the largest test center network of any commercial testing service provider in China. ATA has delivered more than 41.4 million tests since ATA started operations in 1999. For further information, please visit ATA's website at http://www.ata.net.cn.

    Contact Information: -------------------- At the Company Investor Relations ATA, Inc. The Equity Group Inc. Benson Tsang, CFO Adam Prior, Vice President Phone: +86 10 6518 1122 extension 5107 212-836-9606 Email: bensontsang@ata.net.cn Phone: +86 10 6587 6435 Email:aprior@equityny.com www.theequitygroup.com Carolyne Yu, Account Executive 212-836-9610 cyu@equityny.com

    Cautionary Note Regarding Forward-looking Statements

    This announcement contains 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, and as defined in the Private Securities Litigation Reform Act of 1995.

    These forward-looking statements can be identified by terms such as "anticipate," "believe," "could," "estimate," "expect," "forecast," "future," "intend," "look forward to," "outlook," "plan," "should," "will," and similar terms and include, among other things, the Company's expectations about its future performance.

    ATA Inc.

    Web site: http://www.ata.net.cn/




    ATA Reports Fiscal 2011 Fourth Quarter and Year-end Financial ResultsCompany to Hold Conference Call on June 2 at 8 a.m. ET to Discuss Results

    BEIJING, June 1, 2011 /PRNewswire-Asia-FirstCall/ -- ATA Inc. , a leading provider of computer-based testing and testing-related services in China, today announced preliminary unaudited financial results for its fiscal fourth quarter and fiscal year ended March 31, 2011 ("Fourth Quarter 2011" and "Fiscal Year 2011", respectively).

    The following are estimates of the Company's preliminary unaudited financial results for Fourth Quarter 2011 and Fiscal Year 2011. These preliminary financial results are subject to change. These results may, for example, become subject to adjustment based upon, among other things, completion of the fiscal-year reporting process, and could differ materially from the estimates provided below.

    Fourth Quarter 2011 Financial Highlights

    --  Net revenues of RMB49.7 million (US$7.6 million), representing an
    increase of 5.3% year over year during a seasonally weaker quarter
    --  Gross profit of RMB22.4 million (US$3.4 million), representing an
    increase over RMB17.3 million in the prior-year period; gross margin of
    45.0%, representing an increase over 36.6% in the prior-year period
    --  Loss from operations of RMB8.1 million (US$1.2 million), compared to
    RMB38.0 million in the prior-year period
    --  Net loss of RMB5.6 million (US$0.9 million), or RMB0.13 per common share
    (US$0.02), compared to net loss of RMB38.1 million, or RMB0.86 per
    common share, in the prior-year period
    --  Adjusted net loss excluding share-based compensation expense and foreign
    currency exchange gain (Non-GAAP) of RMB5.8 million (US$0.9 million),
    compared to net loss of RMB35.3 million in the prior-year period
    --  Basic and diluted losses per ADS were RMB0.26 (US$0.04). Basic and
    diluted losses per ADS excluding share-based compensation expense and
    foreign currency exchange gain (non-GAAP) were RMB0.26 (US$0.04). Each
    ADS represents two common shares of ATA
    

    Fiscal Year 2011 Financial Highlights

    --  Net revenues of RMB303.9 million (US$46.4 million), representing  an
    increase of 24.0% year over year
    --  Gross profit of RMB154.7 million (US$23.6 million), representing  an
    increase of 33.9% year over year;  gross margin of 50.9%, representing
    an increase over 47.1% in last fiscal year
    --  Income from operations of RMB20.9 million (US$3.2 million), compared to
    a loss from operations of RMB30.1 million last fiscal year
    --  Net income of RMB19.8 million (US$3.0 million), compared to a net loss
    of RMB35.3 million
    --  Adjusted net income excluding share-based compensation expense and
    foreign currency exchange gain (Non-GAAP) of RMB23.3 million (US$3.6
    million), compared to an adjusted net loss of RMB27.6 million last year
    --  Basic and diluted incomes per ADS were RMB0.88 (US$0.14). Basic and
    diluted incomes per ADS excluding share-based compensation expense and
    foreign currency exchange gain (non-GAAP) were RMB1.05 and RMB1.04
    (US$0.16). Each ADS represents two common shares of ATA.
    --  Net cash generated from operations was RMB62.1 million (US$9.5 million).
    As of March 31, 2011, ATA's cash and cash equivalents were RMB268.1
    million (US$40.9 million) with no long-term debt
    --  ATA delivered approximately 6.9 million billable tests in Fiscal Year
    2011, an increase of 19.9% from last fiscal year
    

    Guidance for Fiscal Year 2012

    --  The Company believes revenue will be between RMB395.0 million and
    RMB415.0 million (US$60.3 million and US$63.4 million) and net income
    between RMB40.0 million and RMB45.0million (US$6.1 million and US$6.9
    million) for the fiscal year ending March 31, 2012 ("Fiscal Year 2012")
    

    Mr. Kevin Ma, ATA's Chairman and Chief Executive Officer, stated, "We are very pleased with our return to profitability in Fiscal Year 2011 and with our fourth quarter financial results, despite the period's being our seasonally weaker quarter. We have continued to benefit from our existing long-term customer relationships and increased the total number of delivered billable tests by 19.9% to 6.9 million during the fiscal year. We reported over 50% gross margin for Fiscal Year 2011, which we feel supports our highly scalable method of delivering computerized testing services.

    "We expect continued gross margin improvement in Fiscal Year 2012 due to improved economies of scale with our test center partners, greater inroads with banking and financial institutions, and more streamlined operations. We have continued to optimize our sales cycle, where we often spend considerable time educating and providing information to prospective clients regarding the use and benefits of our products and services.

    "We are also pleased with the continued momentum of HR Select, which experienced increased sales in Fiscal Year 2011. We continue to pursue new avenues for growth from this business line by providing our computerized hiring services to companies ranging from the large Chinese Banks, such as China Construction Bank, to small, local entrepreneurs."

    Preliminary Financial Results for Fourth Quarter 2011

    For Fourth Quarter 2011, ATA's total net revenues increased 5.3% year over year to RMB49.7 million (US$7.6 million). The increase was mainly driven by higher net revenues from testing services.

    The total number of tests delivered in the Fourth Quarter 2011 was 1.0 million billable tests, a decrease of 23.0% from 1.3 million billable tests in the prior-year period, primarily due to changes in test scheduling.

    Gross profit for Fourth Quarter 2011 increased 29.6% to RMB22.4 million (US$3.4 million) from RMB17.3 million in the same period last fiscal year. Gross margin increased to 45.0% in Fourth Quarter 2011 from 36.6% in the prior-year period, primarily due to an impairment of RMB5.5 million prepaid royalty fee for certain course materials related to the Company's partnership with Microsoft that was incurred in the prior-year period.

    Operating expenses for Fourth Quarter 2011 decreased 44.9% to RMB30.5 million (US$4.7 million) from RMB55.3 million in the same period last fiscal year. This decrease was primarily due to a one-time RMB22.3 million bad debt provision related to the Company's NTET tutorial platform that was taken in the prior-year period.

    The Company reported a loss from operations in Fourth Quarter 2011 of RMB8.1 million (US$1.2 million), representing a significant improvement from the RMB38.0 million loss from operations reported in the prior-year period.

    For Fourth Quarter 2011, the Company reported a net loss of RMB5.6 million (US$0.9 million), representing a significant improvement from a net loss of RMB38.1 million in the prior-year period.

    For Fourth Quarter 2011, both basic and diluted losses per common share were RMB0.13 (US$0.02), compared to RMB0.86 in Fourth Quarter 2010. Both basic and diluted losses per ADS were RMB0.26 (US$0.04) in Fourth Quarter 2011, compared to RMB1.72 in the prior-year period.

    Preliminary Financial Results for Fiscal Year 2011

    For Fiscal Year 2011, net revenues were RMB303.9 million (US$46.4 million), an increase of 24.0% from the fiscal year ended March 31, 2010 ("Fiscal Year 2010"). The increase was mainly driven by higher net revenues from an increased number of tests delivered to the securities industry; as well as increases in net revenues from TOEIC tests of an estimated RMB24.2 million (US$3.7 million) in Fiscal Year 2011, compared to RMB19.3 million in Fiscal Year 2010; and higher net revenues from HR Select testing services of an estimated RMB30.3 million (US$4.6 million) from RMB13.2 million in Fiscal Year 2010.

    Net revenues from test preparation and training solutions increased 38.4% to RMB15.4 million (US$2.4 million) in Fiscal Year 2011, driven primarily by growth in online courses for the Securities Association of China exam and the Cambridge Young Learner's English program.

    Net revenues from test-based educational services continued to decrease by an estimated 19.1% to RMB25.7 million (US$3.9 million) in Fiscal Year 2011 as the Company continues to shift its focus toward its core testing services and developing business lines.

    The total number of tests delivered in Fiscal Year 2011 was 6.9 million billable tests, an increase of 19.9% from 5.8 million billable tests in Fiscal Year 2010.

    Gross profit for Fiscal Year 2011 increased 33.9% to RMB154.7 million (US$23.6 million), from RMB115.5 million in Fiscal Year 2010. The gross margin increased to 50.9% in Fiscal Year 2011 from 47.1% in Fiscal Year 2010, primarily due to a one-time RMB5.5 million impairment of the prepaid royalty fee for certain course materials related to the Company's partnership with Microsoft that was incurred during Fiscal Year 2010.

    Operating expenses for Fiscal Year 2011 decreased 8.1% to RMB133.8 million (US$20.4 million) from RMB145.6 million in Fiscal Year 2010, primarily due to a significant decrease in provision for doubtful accounts, in particular the RMB23.7 million bad debt provision related to the Company's NTET tutorial platform taken in Fiscal Year 2010.

    Income from operations for Fiscal Year 2011 was RMB20.9 million (US$3.2 million), compared to a loss from operations of RMB30.1 million in Fiscal Year 2010.

    The Company reported net income of RMB19.8 million (US$3.0 million), representing a significant improvement from a net loss of RMB35.3 million in Fiscal Year 2010. Basic and diluted incomes per common share are both estimated to be RMB0.44 (US$0.07), and basic and diluted incomes per ADS are both estimated to be RMB0.88 (US$0.14).

    Non-GAAP Measures

    Adjusted net income for the year, which excludes share-based compensation expense and foreign currency exchange gain (non-GAAP), totaled RMB23.3 million (US$3.6 million) compared to a net loss excluding share-based compensation expense and foreign currency exchange loss (non-GAAP) of RMB27.6 million in the previous year. Basic and diluted earnings per common share excluding share-based compensation expense and foreign currency exchange gain (non-GAAP) for Fiscal Year 2011 is expected to be RMB0.52 (US$0.08).

    Net loss excluding share-based compensation expense and foreign currency exchange gain (non-GAAP) totaled RMB5.8 million (US$0.9 million) for Fourth Quarter 2011 compared to a loss of RMB35.3 million in the prior-year period. Basic and diluted losses per common share excluding share-based compensation expense and foreign currency exchange gain (non-GAAP) for Fourth Quarter 2011 were RMB0.13 (US$0.02).

    Please see the note about non-GAAP measures and the reconciliation table at the end of this press release.

    Other Data

    The number of weighted average ADSs used to calculate basic and diluted earnings per ADS for the quarter ended March 31, 2011, were both 22.3 million. The number of weighted average ADSs used to calculate basic and diluted earnings per ADS for the fiscal year ended March 31, 2011, were both 22.2 million. Each ADS represents two common shares. ATA had 44.6 million common shares outstanding on March 31, 2011, and 44.4 million common shares outstanding on March 31, 2010.

    Guidance for Fiscal Year 2012

    For Fiscal Year 2012, ATA believes revenue will be between RMB395.0 million and RMB415.0 million (US$60.3 million and US$63.4 million) and net income between RMB40.0 million and RMB45.0 million (US$6.1 million and US$6.9 million).

    Estimated Financial Results

    (unaudited) ($ in millions)

    For the year ending For the year ended March 31, 2012 March 31, 2011 Percent Gain -------------- -------------- ------------ Net Revenue $60.3 - $63.4 $46.4 30.0% - 36.6% Net Income $6.1 - $6.9 $3.0 103.3% -130.0%

    Mr. Ma concluded, "We remain very optimistic about the growth opportunities in each of our business lines. We are confident that ATA will continue to see accelerating growth from our platform testing business while achieving greater profitability from HR Select and TOEIC. We expect contributions from HR Select, despite being a relatively small portion of our revenue, to help offset the inherent lumpiness of our core business from quarter to quarter. We also expect to realize benefits from the investments made during FY 2011 in designing and implementing new, large-scale tests, such as the nationwide security guard certification exam. In addition, we will continue to further develop and enhance ATA's testing capabilities as our client needs evolve, which will help to identify and attract new test takers on our established test titles. We think this reflects the inherent scalability of our business model as we work to provide access to fair and valid assessment exams to individuals of China's growing population. Our Company is continuing to generate excess cash flow and is well positioned to continue healthy, organic growth."

    These are ATA's current projections, which are subject to change. You are cautioned that operating results in Fourth Quarter 2011 or Fiscal Year 2011 are not necessarily indicative of operating results for any future periods.

    Conference Call and Webcast Information

    ATA will host a conference call at 8 a.m. Eastern Time on Thursday, June 2, 2011, to discuss the results of Fourth Quarter 2011 and Fiscal Year 2011. Joining ATA Chairman and CEO Kevin Ma will be Walter Wang, Director and President, and Benson Tsang, Chief Financial Officer and Chief Accounting Officer. To participate in the conference call, please use the following dial-in numbers and passcode:

    1 866 549 1292 (U.S.) +852 3005 2050 (International) +400 681 6949 (Mainland China) 175 893# (Participant Passcode)

    The live webcast of the conference call can be accessed at the investor relations section of ATA's website at http://www.ata.net.cn and at the following link: http://www.mzcan.com/cancast/us/index.php?id=usATAI_27&version=e

    An accompanying slide presentation in PDF format will also be made available prior to the conference call at the investor relations section of ATA's website. To listen to the webcast, please visit ATA's website a few minutes prior to the start of the call to register, download, and install any necessary audio software.

    For those unable to listen during the live webcast, a replay will be available shortly after the call on the investor relations section of ATA's website and will remain available for 90 days.

    About ATA Inc.

    ATA is a leading provider of computer-based testing services in China. The Company offers comprehensive services for the creation and delivery of computer-based tests based on its proprietary testing technologies and test delivery platform. ATA's computer-based testing services are used for professional licensure and certification tests in various industries, including information technology services, banking, teaching, securities, insurance, and accounting. ATA's test center network comprised 2,018 authorized test centers located throughout China as of March 31, 2011. The Company believes it has the largest test center network of any commercial testing service provider in China.

    ATA has delivered more than 31.1 million billable tests, since ATA started operations in 1999.

    For further information, please visit ATA's website at http://www.ata.net.cn.

    Cautionary Note Regarding Forward-looking Statements

    This announcement contains 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, and as defined in the Private Securities Litigation Reform Act of 1995.

    These forward-looking statements can be identified by terms such as "anticipate," "believe," "could," "estimate," "expect," "forecast," "future," "intend," "look forward to," "outlook," "plan," "should," "will," and similar terms and include, among other things, the Company's guidance relating to anticipated financial and operating results for the fiscal year ending March 31, 2012, statements regarding market trends, the potential growth and success of the Company's TOEIC, HR Select and other businesses, the Company's potential business related to the program for testing security guards in China, and the future overall operating performance of the Company.

    The factors that could cause the Company's actual financial and operating results to differ from what the Company currently anticipates can include its ability to meet challenges associated with its rapid expansion, its ability to meet the expectations of current and future clients, its ability to deploy new test titles, its ability to win new enterprise contracts, its ability to convert its existing contracts into actual revenues, the economy of China, uncertainties with respect to the China's legal and regulatory environments, and other factors stated in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC").

    The financial information contained in this release should be read in conjunction with the consolidated financial statements and related notes included in the Company's annual report on Form 20-F for its fiscal year ended March 31, 2010, and other filings ATA has made with the SEC. The filings are available on the SEC's website at www.sec.gov and at ATA's website at www.ata.net.cn. For additional information on the risk factors that could adversely affect the Company's business, financial condition, results of operations, and prospects, please see the "Risk Factors" section of the Company's Form 20-F for the fiscal year ended March 31, 2010.

    The forward-looking statements in this release involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates, and projections about ATA and the markets in which it operates. The Company undertakes no obligation to update forward-looking statements, which speak only of the Company's views as of the date of this release, to reflect subsequent events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, the Company cannot assure you that its expectations and assumptions will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results.

    Currency Convenience Translation

    The Company's financial information is stated in Renminbi ("RMB"), the currency of the People's Republic of China. The translation of RMB amounts for Fourth Quarter 2011 into U.S. dollars is included solely for the convenience of readers and has been made at the rate of RMB6.5483 to US$1.00, the noon buying rate as of March 31, 2011 in New York for cable transfers in RMB per US$ as set forth in the H.10 weekly statistical release of the Federal Reserve Board. Such translations should not be construed as representations that RMB amounts could be converted into U.S. dollars at that rate or any other rate, or to be the amounts that would have been reported under U.S. GAAP.

    About Non-GAAP Financial Measures

    To supplement ATA's consolidated financial information presented in accordance with U.S. generally accepted accounting principles ("GAAP"), ATA uses the following non-GAAP financial measures: net income (loss) excluding share-based compensation expense and foreign currency exchange gain or loss and basic and diluted earnings per common share and ADS excluding share-based compensation expense and foreign currency exchange gain or loss.

    The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. ATA believes these non-GAAP financial measures provide meaningful supplemental information about its performance by excluding share-based compensation expense and foreign currency exchange gain or loss, which may not be indicative of its operating performance from a cash perspective.

    ATA believes that both management and investors benefit from these non-GAAP financial measures in assessing its performance and when planning and forecasting future periods. These non-GAAP financial measures also facilitate management's internal comparisons to ATA's historical performance. ATA computes its non-GAAP financial measures using a consistent method from quarter to quarter. ATA believes these non-GAAP financial measures are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its financial and operational decision making. A limitation of using non-GAAP net income (loss) excluding share-based compensation expense and basic and diluted earnings per common share and per ADS excluding share-based compensation expense is that share-based compensation charges have been, and are expected to continue to be for the foreseeable future, a significant recurring expense in ATA's business.

    Management compensates for these limitations by providing specific information regarding the GAAP amounts excluded from each non-GAAP measure. The table captioned "Unaudited Reconciliations of Non-GAAP Measures to the Most Comparable GAAP Measures" shown at the end this news release has more details on the reconciliations between GAAP financial measures that are most directly comparable to the non-GAAP financial measures used by ATA.

    For more information on our company, please contact the following individuals:

    At the Company Investor Relations ATA, Inc. The Equity Group Inc. Benson Tsang, CFO Adam Prior, Vice President +86 10 6518 1122 x5107 212-836-9606 bensontsang@ata.net.cn Phone: +86 10 6587 6435 aprior@equityny.com Carolyne Yu, Account Executive 212-836-9610 cyu@equityny.com

    ATA INC. AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

    March 31, 2010 RMB ASSETS Current assets: Cash 213,874,252 Accounts receivable, net 82,900,060 Inventories 2,115,220 Prepaid expenses and other current assets 10,184,165 Total current assets 309,073,697 Property and equipment, net 70,328,064 Goodwill 23,422,850 Intangible assets, net 23,206,591 Other assets 2,471,898 Total assets 428,503,100 Total assets LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accrued expenses and other payables 52,385,674 Deferred revenues 25,837,229 Total current liabilities 78,222,903 Deferred revenues 4,673,805 Deferred tax liabilities 131,524 Total liabilities 83,028,232 Shareholders' equity: Common shares 3,418,709 Receivable from shareholders - Additional paid-in capital 485,907,507 Accumulated other comprehensive loss (16,399,334) Accumulated deficit (127,452,014) Total shareholders' equity 345,474,868 Total liabilities and shareholders' equity 428,503,100

    March 31, 2011 RMB ASSETS Current assets: Cash 268,058,194 Accounts receivable, net 47,051,596 Inventories 344,909 Prepaid expenses and other current assets 10,036,345 Total current assets 325,491,044 Property and equipment, net 63,040,178 Goodwill 23,422,850 Intangible assets, net 20,356,104 Other assets 3,136,860 Total assets 435,447,036 Total assets LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accrued expenses and other payables 48,346,969 Deferred revenues 19,100,619 Total current liabilities 67,447,588 Deferred revenues 3,823,601 Deferred tax liabilities 112,847 Total liabilities 71,384,036 Shareholders' equity: Common shares 3,428,840 Receivable from shareholders (1,035,796) Additional paid-in capital 491,585,143 Accumulated other comprehensive loss (22,217,189) Accumulated deficit (107,697,998) Total shareholders' equity 364,063,000 Total liabilities and shareholders' equity 435,447,036

    March 31, 2011 USD ASSETS Current assets: Cash 40,935,540 Accounts receivable, net 7,185,315 Inventories 52,671 Prepaid expenses and other current assets 1,532,664 Total current assets 49,706,190 Property and equipment, net 9,626,953 Goodwill 3,576,936 Intangible assets, net 3,108,609 Other assets 479,034 Total assets 66,497,722 Total assets LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accrued expenses and other payables 7,383,133 Deferred revenues 2,916,882 Total current liabilities 10,300,015 Deferred revenues 583,907 Deferred tax liabilities 17,233 Total liabilities 10,901,155 Shareholders' equity: Common shares 523,623 Receivable from shareholders (158,178) Additional paid-in capital 75,070,651 Accumulated other comprehensive loss (3,392,818) Accumulated deficit (16,446,711) Total shareholders' equity 55,596,567 Total liabilities and shareholders' equity 66,497,722

    ATA INC. AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

    Three- month Period Ended ------ March 31, March 31, 2010 20111 ---- ----- RMB RMB Net revenues: Testing services 35,107,672 37,348,815 Test-based educational services 9,231,426 8,053,704 Test preparation and training solutions 684,283 1,582,588 Other revenue 2,197,351 2,752,074 Total net revenues 47,220,732 49,737,181 Cost of revenues 29,960,425 27,359,606 Gross profit 17,260,307 22,377,575 Operating expenses: Research and development 6,082,845 4,373,116 Sales and marketing 9,568,146 10,864,241 General and administrative 39,648,543 15,214,413 Total operating expenses 55,299,534 30,451,770 Loss from operations (38,039,227) (8,074,195) Interest income 203,048 366,931 Foreign currency exchange gain, net 896 1,086,945 Loss before income taxes (37,835,283) (6,620,319) Income tax benefit (expense) (285,642) 1,029,741 Net loss (38,120,925) (5,590,578) Basic loss per common share (0.86) (0.13) Diluted loss per common share (0.86) (0.13) share Basic loss per ADS (1.72) (0.26) Diluted loss per ADS (1.72) (0.26)

    Three- month Period Ended ------ March 31, 2011 ---- USD Net revenues: Testing services 5,703,589 Test-based educational services 1,229,892 Test preparation and training solutions 241,679 Other revenue 420,274 Total net revenues 7,595,434 Cost of revenues 4,178,124 Gross profit 3,417,310 Operating expenses: Research and development 667,825 Sales and marketing 1,659,093 General and administrative 2,323,414 Total operating expenses 4,650,332 Loss from operations (1,233,022) Interest income 56,035 Foreign currency exchange gain, net 165,989 Loss before income taxes (1,010,998) Income tax benefit (expense) 157,253 Net loss (853,745) Basic loss per common share (0.02) Diluted loss per common share (0.02) share Basic loss per ADS (0.04) Diluted loss per ADS (0.04)

    ATA INC. AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

    Year Ended ---------- March 31, March 31, 2010 2011 ---- ---- RMB RMB Net revenues: Testing services 187,158,128 243,103,305 Test-based educational services 31,786,398 25,727,038 Test preparation and training solutions 11,149,124 15,426,587 Other revenue 14,937,893 19,646,881 Total net revenues 245,031,543 303,903,811 Cost of revenues 129,535,003 149,216,172 Gross profit 115,496,540 154,687,639 Operating expenses: Research and development 22,708,310 22,756,340 Sales and marketing 38,951,021 54,382,019 General and administrative 83,892,360 56,657,068 Total operating expenses 145,551,691 133,795,427 Income (loss) from operations (30,055,151) 20,892,212 Interest income 731,181 1,035,607 Foreign currency exchange gain (loss), net (283,875) 1,138,484 Earnings (loss) before income taxes (29,607,845) 23,066,303 Income tax expense (5,742,146) (3,312,287) Net income (loss) (35,349,991) 19,754,016 Basic earnings (loss) per common share (0.79) 0.44 Diluted earnings (loss) per common share (0.79) 0.44 share Basic earnings (loss) per ADS (1.58) 0.88 Diluted earnings (loss) per ADS (1.58) 0.88

    Year Ended ---------- March 31, 2011 ---- USD Net revenues: Testing services 37,124,644 Test-based educational services 3,928,812 Test preparation and training solutions 2,355,816 Other revenue 3,000,302 Total net revenues 46,409,574 Cost of revenues 22,787,009 Gross profit 23,622,565 Operating expenses: Research and development 3,475,152 Sales and marketing 8,304,754 General and administrative 8,652,180 Total operating expenses 20,432,086 Income (loss) from operations 3,190,479 Interest income 158,149 Foreign currency exchange gain (loss), net 173,859 Earnings (loss) before income taxes 3,522,487 Income tax expense (505,824) Net income (loss) 3,016,663 Basic earnings (loss) per common share 0.07 Diluted earnings (loss) per common share 0.07 share Basic earnings (loss) per ADS 0.14 Diluted earnings (loss) per ADS 0.14

    UNAUDITED RECONCILIATIONS OF NON-GAAP MEASURES TO THE MOST COMPARABLE GAAP MEASURES

    Three-month Period Ended ------------------ March 31, March 31, 2010 2011 ---- ---- RMB RMB GAAP net income (loss) (38,120,925) (5,590,578) Share-based compensation expenses 2,866,359 846,079 Foreign currency exchange (gain) loss, net (896) (1,086,945) ---- ---------- Non-GAAP net income (loss) (35,255,462) (5,831,444) GAAP earnings (loss) per common share Basic (0.86) (0.13) Basic Diluted (0.86) (0.13) Non-GAAP earnings (loss) per common share Basic (0.80) (0.13) Diluted (0.80) (0.13)

    Year Ended ---------- March 31, March 31, 2010 2011 ---- ---- RMB RMB GAAP net income (loss) (35,349,991) 19,754,016 Share-based compensation expenses 7,495,718 4,651,971 Foreign currency exchange (gain) loss, net 283,875 (1,138,484) ------- ---------- Non-GAAP net income (loss) (27,570,398) 23,267,503 GAAP earnings (loss) per common share Basic (0.79) 0.44 Basic Diluted (0.79) 0.44 Non-GAAP earnings (loss) per common share Basic (0.62) 0.52 Diluted (0.62) 0.52

    ATA Inc.

    Web site: http://www.ata.net.cn/
    http://www.mzcan.com/cancast/us/index.php?id=usATAI_27&version=e/




    API Technologies Completes Acquisition of Spectrum Control

    ORLANDO, Fla., June 1, 2011 /PRNewswire/ -- API Technologies Corp. , a provider of electronic systems, subsystems, RF, and secure communications products and services for defense, aerospace, and commercial applications, today announced the successful completion of its acquisition of Spectrum Control, Inc. .

    API completed the acquisition through a merger of a wholly-owned subsidiary with and into Spectrum. As a result of the merger, all outstanding shares of Spectrum common stock were converted into the right to receive $20.00 per share in cash, without interest and less any required withholding taxes. API's payment agent will mail to Spectrum record stockholders materials necessary to exchange Spectrum stock certificates for such payment. As a result of the Merger, Spectrum shares ceased trading on the NASDAQ Global Select Market.

    The closing of the acquisition of Spectrum allows API to gain significant expertise in RF, sensors and measurement, and power systems management technology, as well as provides significant scale, manufacturing capacity, and product diversity.

    Bel Lazar, President and Chief Operating Officer of API, commented, "Spectrum offers one of the widest ranges of RF product solutions worldwide, which complements our existing business in engineered systems and subsystems, and secure communications. With this business combination, we will offer an even broader range of high-reliability solutions to meet technically demanding applications."

    Brian Kahn, Chairman and CEO of API, stated, "We are very pleased to have completed the acquisition of Spectrum, which is one of the premier developers, designers, and manufacturers of high-performance, custom solutions for defense, aerospace, industrial, communications and medical customers worldwide. I want to personally welcome the Spectrum team to API, where together we will continue our strategy of building the premier products, solutions and services to meet the diverse needs of our global customer base."

    About API Technologies Corp.

    The Company, through its subsidiaries, designs, develops and manufactures systems, subsystems, RF and secure communications solutions for technically demanding defense, aerospace and commercial applications. API Technologies' international customers include many leading Fortune 500 companies. API Technologies trades on the OTC Bulletin Board under the symbol ATNY. For further information, please visit the company website at www.apitechnologies.com.

    Safe Harbor for Forward-Looking Statements

    Except for statements of historical fact, the information presented herein constitutes forward-looking statements, including statements regarding the benefits of the combination of API and Spectrum. All forward-looking statements are subject to certain risks, uncertainties and assumptions which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties which are more fully described in the Company's Annual and Quarterly Reports filed with the Securities and Exchange Commission, include but are not limited to, general economic and business conditions, government regulations, our ability to integrate and consolidate our operations, our ability to expand our operations in both new and existing markets, and the effect of growth on our infrastructure. Should one or more of these risks or uncertainties materialize, or should the assumptions prove incorrect, actual results may vary in material aspects from those currently anticipated. All information in this release is as of the date hereof. We undertake no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements in this press release, whether as a result of new information, future events, or otherwise.

    Contact:
    Investor Relations
    Bel Lazar
    President & Chief Operating Officer
    API Technologies Corp.
    1-877-API-0-API (1-877-274-0274)
    investors@apitech.com

    API Technologies Corp.

    Web site: http://www.apitechnologies.com/




    AirTran Airways Partners With Expedia Affiliate Network to Enhance Travel OfferingAirTran relaunches AirTranVacations.com leveraging Expedia's hotel inventory

    BELLEVUE, Wash., June 1, 2011 /PRNewswire/ -- Expedia(R) Affiliate Network (EAN), a division within the Expedia, Inc. group dedicated to private label partnerships, announced a partnership today with AirTran Airways, a subsidiary of Southwest Airlines Co. AirTran customers can now book hotels or vacation packages leveraging Expedia's great rates and inventory at more than 70,000 hotel properties in the US, Mexico and the Caribbean, including all of AirTran's destinations.

    (Logo: http://photos.prnewswire.com/prnh/20110601/SF12529LOGO)

    The new partnership offers travelers the ability to book stand-alone hotel rooms or combine AirTran net fares and published fares with Expedia's deeply discounted package rates, providing exclusive Book Together and Save packages available only on AirTranVacations.com or through AirTranVacations travel agents. AirTran Airways customers are also able to book car and activities through AirTranVacations.

    "AirTran is thrilled to partner with Expedia Affiliate Network to offer more exciting vacation options through AirTranVacations," said Tad Hutcheson, AirTran Vice President of Marketing and Sales.

    To celebrate the launch, AirTranVacations is offering a 10-day $1,000-a-day giveaway for 10 lucky customers. Visit www.airtranvacations.com for more information.

    "We are excited at the opportunity to work with AirTran Airways," said Thaddeus Hanscom, VP and GM for EAN Americas. "AirTran has a top notch airline product and we are looking forward to enhancing it with our leading hotel inventory through a partnership with ezRez, enabling AirTran to meet the travel needs of their loyal customers."

    AirTranVacations is powered by ezRez Software's Software-as-a-Service (SaaS) platform to create a simple, easy to use solution for customers by coupling AirTran's Farelogix Direct Connect (Open AXIS API) with EAN's flexible Hotel and Package Rates APIs. AirTranVacations are available immediately to AirTran customers via www.airtranvacations.com.

    About EAN

    Expedia Affiliate Network (EAN) is part of Expedia Inc., the leading online travel company in the world. EAN works with more than 10,000 private label partners globally, providing access to Expedia's highly competitive travel products, including hotels, packages, car, flights, insurance and destination services, and benefit from unrivaled supply quality. Additional information about EAN can be found at www.ean.com.

    About AirTran Airways

    AirTran Airways is a wholly owned subsidiary of Southwest Airlines Co. and has been ranked the top airline in the Airline Quality Rating study twice in the past four years. AirTran offers Gogo Inflight Internet connectivity and coast-to-coast service on North America's newest all-Boeing fleet. The airline's low-cost, high-quality product also includes assigned seating, Business Class and complimentary SiriusXM Satellite Radio on every flight. To book a flight, visit airtran.com.

    About ezRez Software, Inc.

    ezRez Software, Inc. enables its partners to sell any combination of travel products including air, car, hotel, trip activities, packaging and travel insurance to anyone, anywhere in the world. Its Software-as-a-Service (SaaS) platform allows clients to easily launch online travel agency functionality with the look and feel of a customized implementation at a fraction of the cost. ezRez provides access to more than 200,000 travel suppliers and its clients include some of the world's largest airlines, hotels, travel agencies and banking loyalty programs. Based in San Francisco, ezRez was founded in 2003 and has secured $17 million in venture funding led by Canaan Partners with participation from Azure Capital Partners. For more information, visit www.ezrez.com.

    About Farelogix

    Farelogix is a leading provider of lower-cost, high value distribution and optimization technology to the global travel industry. Farelogix counts among its customers some of the largest travel related companies in the world. Farelogix has offices in Toronto, Canada and Miami, Florida. For additional information, visit www.farelogix.com.

    Expedia and Expedia Affiliate Network are either registered trademarks or trademarks of Expedia, Inc. in the U.S. and/or other countries. Other logos or product and company names mentioned herein may be the property of their respective owners. (C) 2011 Expedia, Inc. All rights reserved.

    CST: 2029030-50

    Photo: http://photos.prnewswire.com/prnh/20110601/SF12529LOGO
    PRN Photo Desk, photodesk@prnewswire.com Expedia Affiliate Network

    CONTACT: Kate Fetty of EAN, eanpr@expedia.com, or AirTran Airways,
    +1-678-254-7442, or Dario Ambrosini of ezRez, pr@ezrez.com, or Jodi
    Echakowitz of Farelogix, pr@farelogix.com




    Intersections Inc. Offers Summer Travelers Advice on How to Protect Themselves From Identity TheftTravelers to Be Aware of Identity Theft Risks During One of the Busiest Travel Seasons

    CHANTILLY, Va., June 1, 2011 /PRNewswire/ -- Intersections Inc. , a leading provider of consumer and corporate identity theft risk management services, and ITAC, the Identity Theft Assistance Center, a national advocate for recognized identity theft prevention and recovery, are advising travelers to take special steps to help protect themselves from potential fraud and identity theft.

    "When consumers plan vacations or business travel, they tend to be more focused on getting the right deals that work with their schedules and budget. It's easy to get distracted searching for the best deal and it's these distractions that sometimes cause us to make mistakes. We click on search results for companies we've never heard of and give more information than we need to on Internet travel sites or on the phone, which can put us at risk," said Steve Schwartz, EVP, Consumer Solutions for Intersections Inc.

    Travel is expected to increase this year as indicated in a new Gallup Poll which finds six in 10 Americans say taking a summer vacation is a top priority. In addition, a new TripAdvisor poll finds that 86 percent of Americans said they intend to get away -- a three percent increase from last year. So as airlines, hotels and, car rental companies are predicting increased revenues from consumers and companies this summer, unfortunately, so are identity thieves.

    "Travelers need to be just as vigilant on the road as they are at home," said ITAC President Anne Wallace. "By keeping credit cards close at hand, protecting their computers when at airports and in wireless, unsecured zones, they can help minimize the risk of identity theft. And we strongly recommend that travelers review their credit reports when they return so they can check for any suspicious activity."

    In response to summer travel, Intersections and ITAC recommend the following safety tips for consumers traveling for pleasure and business:

    1. Protect your home --  Have your mail collected or held at the Post
    Office, ideally have someone visit and turn lights on and off, and do not
    leave financial documents lying in plain view.
    2. Avoid advertising your whereabouts on social networking sites -- This
    gives thieves the information they need to target empty homes.
    3. Do not use geo-tracking - This is an extra tool for the bad guys to know
    your whereabouts and to potentially break into your home while you are
    away.
    4. Guard your computer -- Protect yourself from key loggers, hackers,
    spammers, and botnets by installing anti-virus and anti-spyware software
    on your laptop computer.
    5. Be aware of potential phone scams -- If you're staying at a hotel or
    motel and receive a call from the reception desk asking that you confirm
    a credit card number, tell them you'll provide the information at the
    front desk instead.
    6. Limit the number of credit cards you bring with you -- Carry just one and
    keep a backup in the hotel safe. Keep a copy of the emergency contact
    numbers for your credit cards and bank accounts handy in case they're
    lost or stolen.
    7. Limit debit card use -- It is not recommended that travelers use their
    debit cards while on vacation, but if they do, they should be cautious
    and protective of their PIN when withdrawing money.
    8. Keep documents in a safe place -- Remove all documentation and cards from
    your wallet or purse that you don't need during your travels.
    9. Back up your documents -- Make a photocopy of the cards and documents in
    your wallet or purse, including credit and ATM cards, store cards,
    drivers' licenses, to leave with someone you trust so you know what to
    cancel if your wallet is stolen.
    10. Use a credit and public monitoring service -- If you're leaving for an
    extended period of time consider using a credit and public monitoring
    service that alerts you to potentially suspicious activity.
    

    About Intersections

    Intersections Inc. is a leading provider of consumer and corporate identity risk management services. Eight million consumers are actively protected by Intersections' consumer and breach remediation services offered through North America's leading financial institutions, directly to consumers under its award-winning IDENTITY GUARD(R) brand (www.identityguard.com), and through its exclusive partnership with ITAC, the Identity Theft Assistance Center. Since its inception in 1996, Intersections has protected 32 million consumers.

    For advice, opinions, and the latest news on identity theft for consumers, visit http://www.IDGuardian.com. Twitter handle: IDGuardian.

    About ITAC

    ITAC, the Identity Theft Assistance Center (http://www.identitytheftassistance.org/), is the national advocate for identity theft prevention and recovery, and a leading voice on identity policy. The ITAC victim assistance service, which is supported by member financial services companies, has helped tens of thousands of victims recover from identity theft. Millions of consumers have access to the ITAC victim assistance service through our members. ITAC is dedicated to protecting all consumers through education, research, and the criminal prosecution of identity crime. Through our partnership with Intersections Inc. (www.intersections.com/), ITAC's world-class victim assistance and identity management service is available to everyone through ITAC Sentinel(R) (www.itacsentinel.com/). Follow us on Facebook, Twitter, LinkedIn and on the ITAC blog (www.itacidentityblog.com/)

    Intersections Inc.

    CONTACT: Media: Joyce Carcaise, Intersections Inc., +1-703-488-6100,
    jcarcaise@intersections.com; or Michelle Schafer, Merritt Group,
    +1-703-390-1525, schafer@merrittgrp.com

    Web site: www.intersections.com/




    General Dynamics Board Declares Dividend, Authorizes Share Repurchases

    FALLS CHURCH, Va., June 1, 2011 /PRNewswire/ -- The board of directors of General Dynamics today declared a regular quarterly dividend of 47 cents per share on the company's common stock, payable August 5, 2011, to shareholders of record at the close of business on July 1.

    The board also authorized management to repurchase up to 10 million shares of the company's issued and outstanding common stock on the open market.

    General Dynamics, headquartered in Falls Church, Virginia, employs approximately 90,000 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 the company is available on the Internet at www.generaldynamics.com.

    General Dynamics

    CONTACT: Media, Rob Doolittle, +1-703-876-3199, rdoolittle@gd.com, or
    Investors, Amy Gilliland, +1-703-876-3748, agilliland@gd.com, both of
    General Dynamics

    Web site: http://www.generaldynamics.com/




    Travelzoo Getaways Delivers 28,000 Room Nights for 40 Upscale Resorts

    NEW YORK, June 1, 2011 /PRNewswire/ -- Travelzoo Inc. , a global Internet media company, announced today that 40 upscale resorts have sold more than 28,000 incremental room nights through its new Travelzoo Getaways program. Travelzoo began testing the Getaways model in March; the new program alerts Travelzoo subscribers to upscale getaways within a two-hour drive or short flight from their home airport. Getaways typically include one or two nights at an upscale resort, with a fine-dining experience or a flexible resort credit to encourage Travelzoo subscribers to experience the resort's full amenities. Travelzoo Getaways uses the same booking mechanism as Travelzoo Local Deals, where Travelzoo subscribers purchase a voucher from the resort through the Travelzoo website and then book their stay directly with the property.

    Forty upscale resorts have now participated in Travelzoo Getaways across North America and Europe, including: The Borgata in Atlantic City, Essex Resort & Spa in Vermont, Timberline Lodge in Oregon, Vintners Inn in Santa Rosa, Portola Hotel & Spa in Monterey Bay, Ravella at Lake Las Vegas, The Ellis Hotel in Atlanta, Woodmark Hotel on Lake Washington near Seattle, Sedona Rouge Hotel & Spa, The Canary Hotel in Santa Barbara, The Keating Hotel by Pininfarina in San Diego, Cambria Pines Lodge in California, the Dundee Resort & Golf Club in Nova Scotia, Solis Lough Eske Castle in Donegal, Ireland, Hotel Termes Carlemany in Andorra, the Radisson Blu in Cannes, Hotel Imperator Concorde Nimes, France, La Clairiere Bio et Spa Hotel in Alsace, France, l'Hotel Roussi'hotel in France, The Feathers in Cotswolds, England, Hotel Villa Lutece Port Royal in Paris, Pestana Hotel Berlin Tiergarten, Furstenhof Celle in Hanover, Schlosshotel Lerbach near Koln, Princeotel in Barcelona, Royal Spa Kitzbuhel Hotel in Austria and Ryad Mogador Agdal in Marrakesh.

    Chris Loughlin, Travelzoo's Chief Executive Officer, said: "The results from the first 40 Getaways clearly indicate that our subscribers across the globe like our new Getaways program. Resorts are also very pleased that we can now showcase the complete resort experience, including rooms, restaurants and spas. It is also very compelling for resorts to offer these experiences to those Travelzoo subscribers who live within their local drive markets, these are travelers who might not normally consider staying at a local resort, but if the offer is attractive enough, they are happy to take a leisure break, even during slower off-peak periods."

    Emre Erkul, Director of Marketing, Borgata Hotel Casino & Spa, said: "Travelzoo's new Getaways program helped us sell over 1,000 midweek packages for last-minute stays in June. Most of the guests are new to the property and coming from our primary drive markets, Philadelphia, New Jersey and New York. Unlike other hotel marketing programs, Getaways allowed us to create a customized package that showcased the Borgata's exceptional fine dining and entertainment experiences, not just a discounted room rate. This promotion has been extremely positive for the brand and has exposed many new customers to Borgata."

    Sandra Vivas, General Manager for The Keating Hotel by Pininfarina, explained, "We learned more about Getaways after we saw how successful our restaurant was with a Travelzoo Local Deal promotion. What we liked most about the program was the quality of the guests; Travelzoo definitely has a more mature crowd who are not afraid to spend. That's honestly why we did the Getaway promotion, because we knew what type of guests we would attract."

    Jim Glanville, General Manager for The Essex Resort and Spa, shared: "The Getaways program afforded us the opportunity to fill distressed inventory during a transitional season while having the unexpected benefit of incremental spend exceeding $100 per visit on top of the package that already included spa and dining credits. Nearly 100 percent of the guests that were attracted through this promotion were first-time visitors and likely would not have experienced us otherwise."

    Percy Brandon, General Manager of the Vintners Inn, offered up the following feedback, "As a boutique 4-Diamond luxury inn with 44 rooms in the heart of California Wine Country, we try to ensure we attract the right guest demographic to match our property. One highly-challenging guest can have a very detrimental impact on the mood of the entire property. With Travelzoo, we were able to attract very much the right match. This was driven by the high-quality nature of the audience they have attracted and the fact that the Getaway promotion was not just a cheap room, it included an entire experience - room, wine, dinner and local experiences. The offer itself was naturally up-market and priced as such."

    Maja Zieman, Director of Sales at the Pestana Hotel Berlin Tiergarten, explained, "Travelzoo Getaways exceeded our expectations by far, with more than 1,500 room nights booked."

    Patrick Brunet, Yield Manager de l'Hotel Roussi'hotel in France shared, "The distribution was well-targeted, and the journalistic write-up positioned the values of our establishment in a creative and objective manner. The results are very impressive."

    Luc Morel, General Manager of the Feathers Hotel in the Cotswolds, England, said, "We were impressed with the quality of the guests Travelzoo brought. More than half of Travelzoo guests upgraded to a higher rate suite, and they were happy to spend additional money on food and beverage once on property."

    For more information about Travelzoo and Getaways, please visit www.travelzoo.com.

    About Travelzoo

    Travelzoo Inc. is a global Internet media company. With more than 23 million subscribers in North America, Europe, and Asia Pacific and 23 offices worldwide, Travelzoo(R) publishes deals from more than 2,000 travel and entertainment companies. Travelzoo's deal experts review offers to find the best deals and confirm their true value. In Asia Pacific, Travelzoo is independently owned and operated by Travelzoo (Asia) Ltd. and Travelzoo Japan K.K. under a license agreement with Travelzoo Inc.

    Certain statements contained in this press release that are not historical facts may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward-looking statements may include, but are not limited to, statements about our plans, objectives, expectations, prospects and intentions, markets in which we participate and other statements contained in this press release that are not historical facts. When used in this press release, the words "expect", "predict", "project", "anticipate", "believe", "estimate", "intend", "plan", "seek" and similar expressions are generally intended to identify forward-looking statements. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements, including changes in our plans, objectives, expectations, prospects and intentions and other factors discussed in our filings with the SEC. We cannot guarantee any future levels of activity, performance or achievements. Travelzoo undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release. Travelzoo and Top 20 are registered trademarks of Travelzoo. All other names are trademarks and/or registered trademarks of their respective owners.

    Media Contact:
    Christie McConnell
    Travelzoo, North America
    (212) 484-4912
    cmcconnell@travelzoo.com

    Travelzoo

    Web site: http://www.travelzoo.com/




    IBM Continues Africa Expansion with New Office in TanzaniaStrengthens IBM's Operations in East Africa

    DAR ES SALAAM, Tanzania, June 1, 2011 /PRNewswire/ -- IBM has announced the opening of a new branch office in Dar es Salaam, as part of the company's continued geographic expansion initiative to increase its presence in key growth markets and support its global growth strategy.

    (Logo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO)

    (Photo: http://photos.prnewswire.com/prnh/20110601/NY12335)

    The new subsidiary office is part of a broad program of investment that IBM is making in Africa covering the creation of new facilities, offices, training, staffing and recruitment, sales and marketing and corporate citizenship. The announcement follows the recent news of the opening of IBM's office in Dakar, Senegal and gives IBM a direct presence in over 20 African countries including South Africa, Ghana, Nigeria, Kenya, Morocco, Egypt, Tunisia and Algeria.

    The expanded presence in Tanzania will allow IBM to increase its level of service to clients and partners across East Africa and deliver more advanced and high-value solutions.

    IBM already serves a number of key clients in East Africa, spanning multiple sectors including telecommunications, oil & gas, finance and government. For example in Tanzania, IBM is working with the National Microfinance Bank (NMB) to help transform the bank's core banking technology infrastructure and support business growth. With the new system based on IBM Power servers and storage technologies, NMB has been able to increase its customer base to 1.4 million accounts, expand its number of ATMs to 400 and offer debit cards and mobile banking services to its customers across the country. Today the bank processes millions of transactions per month and has some of the fastest transaction processing times in Tanzania.

    "IBM has helped us to completely transform our banking systems allowing us to offer innovative new services, cut customer waiting times and improve our competitive position," said John Ncube, CIO of NMB.

    IBM is also working closely with the Tanzanian government to support the adoption of information technologies and Tanzania's development in key areas such as education and R&D.

    "We welcome IBM's direct presence in Tanzania," said Honourable Charles Kitwanga, Tanzanian Deputy Minister for Communications, Science and Technology. "We value our relationship with IBM and look forward to working together to use advanced technologies to drive the development of the country's economic and social systems."

    "Today's expansion into Tanzania demonstrates IBM's commitment to the African market as we work to build out high-value solutions for our clients and partners," said Bruno Di Leo, General Manager, IBM Growth Markets. "Dar es Salaam will become one of more than 230 IBM branch offices across 55 growth market countries. IBM is excited about the business opportunity in Africa and is actively engaged in laying the foundations for a major presence throughout the continent."

    To support its business growth in the country, IBM is working with a number of universities in Tanzania to help cultivate local technology talent and facilitate research collaboration into smarter systems. For example, IBM is working closely with the University of Dodoma in Tanzania to help create a 'Silicon Valley' type environment around the university and promote a culture of entrepreneurship. IBM has also donated 22,000 IT reference books to the University of Dodoma. At the Dar es Salaam Institute of Technology (DIT) IBM has donated another 15,000 books as well as a cash award to the Faculty of Physics to support its research efforts.

    IBM is also been engaged in an active program of citizenship in Tanzania and across Africa. Since 2008 IBM has deployed teams of its employee-volunteers to Tanzania, Kenya, Nigeria, Ghana, South Africa, Morocco and Egypt to work on projects that improve local conditions and foster job creation. IBM has also been involved in a project called 'SMS for Life' working with the Government of Tanzania, Novartis, Vodafone and the Roll Back Malaria Partnership using mobile technologies to improve the availability of anti-malarial drugs helping to save lives in remote areas of Tanzania.

    The Dar es Salaam office is part of IBM's East Africa operations and will complement IBM's other East African branch office in Nairobi, Kenya, which acts as a hub for business in the region. IBM has supplied products and solutions to East Africa since the 1950's when it opened its first office in the region in Nairobi.

    The new office was inaugurated this week at a ceremony for customers, partners and government officials in Dar es Salaam.

    About IBM
    For more information on IBM please visit:
    http://asmarterplanet.com/blog/2011/06/ibm-in-africa.html

    Editor's note: photos are available at: http://www.flickr.com/photos/ibm_media/sets/72157626693117671/with/5783079729/

    Contacts
    Jonathan Batty
    IBM Growth Markets
    Jonathan.Batty@pl.ibm.com
    +48 69393 5403

    Vera Rosauer
    IBM External Relations Leader, Central, East and West Africa
    veraros@ke.ibm.com
    +254-710-537-030

    Photo: http://photos.prnewswire.com/prnh/20110601/NY12335
    http://photos.prnewswire.com/prnh/20090416/IBMLOGO
    PRN Photo Desk, photodesk@prnewswire.com IBM

    Web site: http://www.ibm.com/




    Groupon and Expedia Partner to Launch Travel Deals SiteGroupon Getaways(TM) with Expedia offers significant deals to consumers, gives travel suppliers efficient new customer acquisition channel

    RANCHO PALOS VERDES, Calif., June 1, 2011 /PRNewswire/ -- D9 Conference -- Groupon, the global pioneer in daily deals, and Expedia(R), the world's largest online travel company, have joined forces to create Groupon Getaways(TM) with Expedia, an unprecedented offering that will connect consumers with high quality travel offers and give travel suppliers brand exposure among millions of shoppers. Groupon Getaways with Expedia will offer consumers deeply discounted, highly compelling travel deals from among the more than 135,000 hotels worldwide that work with Expedia. Starting in the US and Canada, with plans to expand to other countries, Expedia and Groupon plan to also include package deals, airline tickets, car rentals, cruises and destination activities.

    The deals will follow the proven Groupon model, in which customers have a limited time to buy a discount voucher good for future travel. Discounts will be significant - typically around 50 percent off retail rates found at other online travel sites. Once a customer purchases a voucher, they can redeem it at a later date of their choice within the redemption period. There is no pressure to plan immediately; the dates are flexible. Consumers can sneak away for a weekend, charm a loved one with an anniversary surprise or pragmatically save on the annual family getaway.

    Groupon Getaways with Expedia represents a new and powerful marketing channel for hotels to reach more than 50 million combined Groupon and Expedia members in the US and Canada, many of whom are highly engaged in social media and often share great Groupon deals with their networks. Participating hotels and other travel suppliers will benefit from unmatched exposure, incremental customers and revenue at their property, and cash up front after the voucher sale closes, all at no cost to participate.

    "Everybody wins with our new partnership with Groupon: Travelers get amazing deals for spontaneous travel to dream destinations; travel suppliers get the ability to reach an enormous audience at no upfront cost to participate; Groupon gets to extend its business into new markets; and we advance our new 'Expedia Everywhere' strategy with a powerful new high growth channel to deliver daily deals," said Scott Durchslag, President, Expedia Worldwide.

    "Groupon Getaways with Expedia is a fitting complement to our local deals, helping people get out of the house and explore the world," said Andrew Mason, Chief Executive Officer, Groupon. "We're excited to tap into Expedia's vast network of world-class travel providers, delivering unmatched exposure to them while offering a wonderful service to millions of our subscribers."

    Travelers can sign up to begin receiving emails from the channel immediately at www.expedia.com(R) and www.groupon.com/getaways. Groupon Getaways with Expedia is expected to launch in late June.

    About Expedia.com

    Expedia.com is the world's leading online travel site, helping millions of travelers per month easily plan and book travel. Expedia.com (http://www.expedia.com/, 1-800-EXPEDIA) aims to provide the latest technology and the widest selection of vacation packages, flights, hotels, rental cars, cruises and in-destination activities, attractions, and services. With the Expedia Best Price Guarantee, Expedia.com customers can get the best rates available online for all types of travel.

    Expedia and Expedia.com are trademarks or registered trademarks of Expedia, Inc. in the U.S. and/or other countries. Other logos or product and company names mentioned herein may be the property of their respective owners. (C) 2011 Expedia, Inc. All rights reserved. CST: 2029030-50

    About Groupon

    Groupon, launched in November 2008 in Chicago, features a daily deal on the best stuff to do, eat, see and buy in more than 500 markets around the world. Groupon uses collective buying power to offer unbeatable prices and provide a win-win for businesses and consumers, delivering more than 900 daily deals globally. For more information, visit http://www.groupon.com.

    Expedia, Inc.

    CONTACT: Adam Anderson of Expedia.com, +1-425-679-7760,
    adaanderson@expedia.com; or Devon Nagle of HL Group, +1-646-460-8911,
    dnagle@hlgrp.com; or Hanni Itah of SSPR for Groupon, +1-847-415-9324,
    hitah@sspr.com

    Web site: http://www.expedia.com/




    Texas Instruments to webcast its 2Q11 mid-quarter financial update

    DALLAS, June 1, 2011 /PRNewswire/ -- Texas Instruments Incorporated (TI) will webcast its 2Q11 mid-quarter financial update, Wednesday, June 8, beginning at 4 p.m. Central time. Ron Slaymaker, vice president and head of Investor Relations, will provide the update and answer questions from the investor audience.

    You may access the webcast on the Investor Relations section of the company's website at www.ti.com/ir. An archived copy of the webcast will be available shortly after the call concludes.

    Texas Instruments semiconductor innovations help 80,000 customers unlock the possibilities of the world as it could be - smarter, safer, greener, healthier and more fun. Our commitment to building a better future is ingrained in everything we do - from the responsible manufacturing of our semiconductors, to caring for our employees, to giving back inside our communities. This is just the beginning of our story. Learn more at www.ti.com.

    TXN-F

    Photo: http://photos.prnewswire.com/prnh/20010105/NEF016LOGO
    PRN Photo Desk photodesk@prnewswire.com Texas Instruments Incorporated

    CONTACT: Media, Chris Rongone, +1-214-480-6868, c-rongone@ti.com, or Kim
    Morgan, +1-214-480-6127, kim-morgan@ti.com, Please do not publish these
    numbers or e-mail addresses

    Web site: http://www.ti.com/




    MEDIA ADVISORY/ALERT: Synopsys Hosts Special Events With Industry Leaders at DAC 2011

    MOUNTAIN VIEW, Calif., June 1, 2011 /PRNewswire/ -- Synopsys, Inc. , a world leader in software and IP for semiconductor design, verification and manufacturing, will host several customer special events at DAC 2011 in San Diego, Calif. Attendees will get to hear panels of technical industry experts from leading companies speak about real-world semiconductor design, verification and foundry challenges and solutions.

    Monday, June 6, 2011
    WHAT: IC Compiler Luncheon
    TOPIC: Gigascale Designs with IC Compiler
    SPEAKERS: Juniper Networks, Lantiq, LSI, Panasonic, Renesas
    TIME: 11:30 a.m. to 1:30 p.m.
    LOCATION: San Diego Marriott, Marina Ballroom, Salon F

    WHAT: IPL Alliance Luncheon
    TOPIC: Interoperable PDKs are Here to Stay: New Era of Analog/Custom Innovations
    SPEAKERS: TowerJazz, TSMC, STMicroelectronics, Xilinx
    TIME: 11:30 a.m. to 1:30 p.m.
    LOCATION: San Diego Marriott, Marina Ballroom, Salon D

    WHAT: PrimeTime(R) Special Interest Group (SIG) Reception
    TOPIC: Next-generation ECO Guidance Technology
    SPEAKERS: Broadcom, Cisco Systems, GLOBALFOUNDRIES, LSI, STMicroelectronics
    TIME: 6:00 p.m. to 8:30 p.m.
    LOCATION: San Diego Marriott, Marina Ballroom, Salon F

    WHAT: Synopsys/Dell University Reception
    SPEAKERS: Jason Cong, UCLA; Kevin Thompson, Synopsys
    TIME: 6:00 p.m. to 8:00 p.m.
    LOCATION: San Diego Marriott, Marina Ballroom, Salon D

    Tuesday, June 7, 2011
    WHAT: ARM/GLOBALFOUNDRIES/Samsung/Synopsys Breakfast
    TOPIC: 32nm/28nm Ready...All Aboard!
    SPEAKERS: ARM, GLOBALFOUNDRIES, Samsung, Synopsys
    TIME: 7:15 a.m. to 8:30 a.m.
    LOCATION: San Diego Marriott, Marina Ballroom, Salon F

    WHAT: Verification Luncheon
    TOPIC: Industry Leaders Verify with Synopsys
    SPEAKERS: Cisco, Freescale, MediaTek, Qualcomm, Renesas
    TIME: 11:45 a.m. to 1:45 p.m.
    LOCATION: San Diego Marriott, Marina Ballroom, Salon F

    WHAT: AMS Verification Dinner
    TOPIC: SPICE Up Your Chip: Achieving Fast, Accurate AMS Verification
    SPEAKERS: AMD, Juniper Networks, nVidia, Qualcomm, Xilinx
    TIME: 6:00 p.m. to 8:30 p.m.
    LOCATION: San Diego Marriott, Marina Ballroom, Salon F

    Wednesday, June 8, 2011
    WHAT: Interoperability Breakfast
    TOPIC: On Safari with Custom Design Interoperability & Interconnect Modeling Standards
    SPEAKERS: GLOBALFOUNDRIES, LSI, STMicroelectronics, TowerJazz
    TIME: 7:30 a.m. to 9:20 a.m.
    LOCATION: San Diego Marriott, Marina Ballroom, Salon F

    About Synopsys

    Synopsys, Inc. is a world leader in electronic design automation (EDA), supplying the global electronics market with the software, intellectual property (IP) and services used in semiconductor design, verification and manufacturing. Synopsys' comprehensive, integrated portfolio of implementation, verification, IP, manufacturing and field-programmable gate array (FPGA) solutions helps address the key challenges designers and manufacturers face today, such as power and yield management, system-to-silicon verification and time-to-results. These technology-leading solutions help give Synopsys customers a competitive edge in bringing the best products to market quickly while reducing costs and schedule risk. Synopsys is headquartered in Mountain View, California, and has approximately 70 offices located throughout North America, Europe, Japan, Asia and India. Visit Synopsys online at http://www.synopsys.com/.

    Synopsys and PrimeTime are registered trademarks or trademarks of Synopsys, Inc. All other trademarks or registered trademarks mentioned in this release are the intellectual property of their respective owners.

    Editorial Contacts:
    Sheryl Gulizia
    Synopsys, Inc.
    650-584-8635
    sgulizia@synopsys.com

    Lisa Gillette-Martin
    MCA, Inc.
    650-968-8900 ext. 115
    lgmartin@mcapr.com

    Synopsys, Inc.

    Web site: http://www.synopsys.com/




    Air Products' CFO to Address JP Morgan Diversified Industries Conference

    LEHIGH VALLEY, Pa., June 1, 2011 /PRNewswire/ -- Air Products today announced that Paul Huck, senior vice president and chief financial officer, will be presenting at JP Morgan Diversified Industries Conference in New York, on June 8, 2011 at 1:00 p.m. EDT.

    Huck will present an overview of Air Products and provide an outlook on future business opportunities and company strategy.

    The presentation slides will be available on Air Products' Investor Relations web site at: www.airproducts.com/investors/webcasts-and-presentations.aspx.

    Air Products serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. In fiscal 2010, Air Products had revenues of $9 billion, operations in over 40 countries, and 18,300 employees around the globe. For more information, visit www.airproducts.com.

    ***NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company's Form 10K for its fiscal year ended September 30, 2010.

    Air Products

    CONTACT: Media: Robert Brown, +1-610-481-1192, brownrf@airproducts.com, or
    Investors: Simon Moore, +1-610-481-7461, mooresr@airproducts.com

    Web site: http://www.airproducts.com/




    East Coast Diversified Addresses Recent Market Activity

    ATLANTA, June 1, 2011 /PRNewswire/ -- East Coast Diversified Corporation (OTC.BB: ECDC), through its subsidiary EarthSearch Communications, Inc., addresses recent complaints from shareholders about possible share manipulations.

    The company appreciates the recent concerns expressed by shareholders regarding possible stock manipulations, as this demonstrates our shareholders best interest in the Company. Management is highly confident on the direction of the business, and the recent turnaround of our operations is proceeding very well. We started the year with expansion of our distribution network around the world, and saw revenue turnaround outperforming all of last year revenue in the first quarter as we continue to grow revenue with sales around the globe. My recent trip to Asia resulted in our first licensing agreement with NASDAQ listed ZST Digital Networks for the Greater China market, and the Company has also reached agreement to acquire 20% of G-technology a hardware design firm in Malaysia as part of our strategy to reduce manufacturing costs.

    The Company continues to be on track to begin manufacturing our own proprietary temper evident RFID tags, and all of the fundamentals for the long term growth and success of the company are being put in place. We have no question that in time the market will follow our lead and reflect the right valuation for our stock. The Company continues to stay focused on building the fundamentals of the company for long term success, and feel the day-to-day fluctuations in the market price of our common shares will follow our lead as the Company continues its global growth strategy. I am personally encouraged by the confidence that shareholders continue to demonstrate and have no doubt that if there is manipulation going on the market will make appropriate corrections to achieve a fair and just market place for our underlying securities, and its shareholders," said ECDC Chairman and CEO, Kayode Aladesuyi.

    The company recently announced sales to Tanzania as well as execution of a letter of intent with NASDAQ listed ZST digital Networks.

    For more information contact us at investorrelations@earthsearch.us

    About EarthSearch Communications

    EarthSearch Communications, an ECDC Company (OTC.BB:ECDC - News), is a US-based business whose flagship product, LogiBoxx(TM), integrates GPS and RFID at the hardware level. When combined with its proprietary Global Asset Tracking and Identification System (GATIS) middleware, LogiBoxx and GATIS become the centerpieces of a LogiBoxx Certified Solution. An unprecedented business decision-making tool, a LogiBoxx Certified Solution offers continuous visibility within the Supply Chain, Logistics, and Asset Management and Control industries. Along with its integrated, patent-pending GPS and RFID technologies, EarthSearch also offers a complete line of innovative RFID solutions. Its expertise with GPS and RFID technologies, combined with exceptional support and service facilities, distinguishes EarthSearch as a leading manufacturer and supplier of real-time location solutions in the marketplace. For more information on East Coast Diversified, visit www.eastcoastdiversified.com or www.earthsearch.us

    "SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.

    Editorial Contacts
    Glenn Davis
    EarthSearch Communications, an ECDC Company
    +1 770-953-4184
    866-503-9316
    investorrelations@earthsearch.us

    East Coast Diversified Corporation

    Web site: http://www.eastcoastdiversified.com/
    http://www.earthsearch.us/




    Groupon Leads Latin America as Most-Visited Coupon Site in RegionBrazil, Argentina and Chile Home to Highest Percentage of Coupon Site Users in Latin America

    SANTIAGO, Chile, June 1, 2011 /PRNewswire/ -- comScore, Inc. , a leader in measuring the digital world, today released the latest results from a study on the online coupons market in Latin America. The study found that Brazil, Argentina and Chile demonstrated the highest penetration of Coupons site visitors with more than 10 percent of Internet populations in these markets visiting the category in March. The study also found that Groupon led as the top Coupon site in the region reaching nearly 5 million visitors.

    (Logo: http://photos.prnewswire.com/prnh/20080115/COMSCORELOGO)

    "The online coupon category was relatively underdeveloped in Latin America until recently when brands like Groupon and Groupalia have emerged," said Alejandro Fosk, comScore senior vice president of Latin America. "Coupon sites are not only connecting local merchants with online consumers but these sites are also helping fuel the development of e-commerce in the region."

    Coupon Sites See Varying Degrees of Penetration across Markets in Latin America

    In Latin America, 11.6 million online users visited a Coupon site in April, representing 10 percent of the entire online population in the region. Brazil had the highest visitor reach for the Coupon category at 16.1 percent, representing a total audience of 6.8 million visitors. Argentina had the second largest audience with 1.8 million visitors to the Coupon category (13.9 percent reach), followed by Mexico with 1.3 million visitors (6.6 percent reach). Chile, which ranked fourth with 751,000 visitors, also had a relatively high reach at 10.2 percent.

    Unique Visitors to Coupon Category by Market -------------------------------------------- April 2011 ---------- Total Audience Latin America Age 15+ -Home & Work Locations ------------------------------------------------- Source: comScore Media Metrix ----------------------------- Coupons ------- Total Unique Visitors (000) % Reach ------------- ------- Latin America 11,596 9.9 ------------- ------ --- Brazil 6,761 16.1 ------ ----- ---- Argentina 1,812 13.9 --------- ----- ---- Mexico 1,255 6.6 ------ ----- --- Chile 751 10.2 ----- --- ---- Colombia 467 3.6 -------- --- --- Peru 217 5.4 ---- --- --- Venezuela 24 0.8 --------- --- --- *Excludes visits from public computers such as Internet cafes or access from mobile phones or PDAs

    Groupon and Groupalia Lead Coupon Market in Latin America

    Groupon led as the most-visited coupon site in Latin America with 4.8 million visitors. Among individual markets, Groupon attracted the largest audience in Brazil (2.5 million visitors reaching 6 percent of online users) and the highest reach in Argentina (922,000 visitors reaching 7.1 percent) and Chile (481,000 visitors reaching 6.6 percent).

    Groupalia was the second largest coupon site in Latin America reaching nearly 2.3 million visitors overall. Brazil, which has a more mature coupon market when compared to other countries in the region, saw local coupon sites secure top spots in the ranking with Peixeurbano.com.br, Clickon.com.br and Apontaofertas.com.br all seeing more than 1 million visitors in April. Clickonero.com.mx, which is the top coupon destination in Mexico, drew 605,000 unique visitors during the month.

    Top Sites in the Coupons Category by Unique Visitors ------------------------------------------- April 2011 ---------- Total Audience Latin America Age 15+ -Home & Work Locations ------------------------------------------------- Source: comScore Media Metrix ----------------------------- Total Unique Visitors (000) --------- Total Internet : Total Audience 116,592 ------------------------------- ------- Coupons 11,596 ------- ------ Groupon 4,764 ------- ----- Groupalia 2,268 --------- ----- Peixeurbano.com.br 2,145 ------------------ ----- Clickon.com.br 1,905 -------------- ----- Apontaofertas.com.br 1,007 -------------------- ----- Clickonero.com.mx 605 ----------------- --- Agrupate.com 578 ------------ --- Guiadaspromocoes.com.br 348 ----------------------- --- Bananarama.com.br 334 ----------------- --- Letsbonus.com 306 ------------- --- *Excludes visits from public computers such as Internet cafes or access from mobile phones or PDAs

    Mr. Fosk continued, "Although U.S.-based Groupon is the clear leader in the region, we are seeing local brands enter the market, especially in Brazil and Mexico. As global, regional and local brands compete in this category it will be interesting to see who gains market share as this rapidly emerging market develops over the next year."

    About comScore

    comScore, Inc. is a global leader in measuring the digital world and preferred source of digital business analytics. For more information, please visit www.comscore.com/companyinfo.

    Follow us on Twitter
    http://twitter.com/comScoreLATAM
    http://twitter.com/comScore
    http://twitter.com/gfulgoni

    Photo: http://photos.prnewswire.com/prnh/20080115/COMSCORELOGO
    PRN Photo Desk, photodesk@prnewswire.com comScore, Inc.

    CONTACT: Jasna Seguic of comScore, Inc., +56 2 242 8160,
    press@comscore.com

    Web site: http://www.comscore.com/




    Myriad to Ship Industry-Leading Java Virtual Machine on Qualcomm's Brew Mobile Platform

    DUBENDORF-ZURICH, Switzerland, June 1, 2011 /PRNewswire/ -- Myriad Group AG (SIX: MYRN), a global leader in mobile technology having shipped over 3.8 billion software applications on more than 2.2 billion phones, today announced an agreement to ship Myriad's Jbed Advanced Java Virtual Machine (JVM) on Qualcomm Incorporated's Brew(R) Mobile Platform (Brew MP(TM)).

    Myriad's Jbed Advanced, a market-proven Java ME platform, will be pre-integrated and optimized for Brew MP to boost application performance and deliver dynamic experiences on mass-market phones. Incorporating Jbed Advanced as part of Brew MP will help minimize integration costs, and dramatically improves time-to-market for OEMs.

    "We're pleased to collaborate with Qualcomm to extend the reach and scale of our Jbed Advanced JVM. Millions of consumers will benefit from Java applications and more engaging mobile experiences across a range of mass-market devices," said Ed Zylka, vice president and general manager, North America, Myriad Group.

    "By incorporating Myriad's Jbed Advanced as part of Brew MP, we are able to simplify the process of making a market-proven JVM available to our OEM customers. OEMs will benefit from simplified development and faster time-to-market," states Jason Kenagy, vice president of product management for Qualcomm Internet Services.

    Jbed Advanced, Myriad's highly optimized Java engine, powers one out of ten phones in the market today. Built for best-in-class performance to ensure faster start-up and response times, Jbed Advanced will enable Brew MP mobile users to run advanced services on mass-market devices.

    About Myriad Group:

    Myriad Group AG is a global leader in mobile technology and has shipped over 3.8 billion software applications in more than 2.2 billion mobile phones. Its comprehensive portfolio includes browsers, messaging, Java, social networking, user interfaces and middleware for all types of mobile phones, from ultra-low cost handsets to advanced smartphones.

    The company provides both individual components and complete solutions, which enable handset manufacturers and operators to deliver amazing experiences on mobile phones. Myriad also develops USSD-based customer self-care platforms that deliver over 10 billion messages a year to 220 million mobile users across more than 35 mobile operators worldwide.

    Myriad was created from the combination of industry leading companies, Esmertec and Purple Labs. It operates worldwide, with offices in Switzerland, France, UK, USA, Mexico, China, South Korea, Taiwan, Japan and Australia. Headquartered in Dubendorf Zurich Switzerland, Myriad is listed on the SIX Swiss Exchange .

    For more information
    www.myriadgroup.com
    www.youtube.com/myriadgroupmarketing
    www.twitter.com/myriadgroup

    Myriad Group AG

    CONTACT: Kate Hamilton +1-415-989-9803, or Jaime Tero, +44 208 322 1922,
    myriad@onechocolatecomms.com, both for Myriad Group AG

    Web site: http://www.myriadgroup.com/




    AT&T Study: L.A. Businesses Widely Invest in Disaster Protection and Budget for Innovation in 2011

    LOS ANGELES, June 1, 2011 /PRNewswire/ -- As erratic spring tornadoes and flooding dominate U.S. headlines, a recent AT&T* study shows that three out of four Los Angeles area Information Technology (IT) executives have set up methods for communicating with key employees, such as the CEO and CFO, in the event of a natural disaster.

    The results of the AT&T Business Continuity online study highlight the need for company leaders to ensure disaster relief and protection for their employees. Of those surveyed, six out of ten indicated that they execute emergency plans as soon as a disaster warning is issued. Over half of all companies have had their recovery systems fully tested in the past year.

    One-fourth (25%) of these executives indicate that their company has played out their business continuity plans. Reasons for invoking the plan most frequently involve:

    --  Power outages at facilities (13%)
    --  Extreme weather (6%)
    --  IT failures (5%)
    

    Means of communicating with employees when outside of the office showed to be of high concern to the company leaders. Eight out of ten surveyed indicated that employees are allowed to access work emails on their personal smartphones, and another 81 percent reported that at least one-fifth of their company's employees use mobile devices that are maintained by the IT department.

    IT executives also indicated that, even as difficult economic times continue, they are actually beefing up their company's IT budgets. Forty-six percent of company IT budgets in LA for 2011 are higher than in the past two years, and investment in new technologies is a priority for 2011.

    Three out of four surveyed executives said their companies are investing in new technologies in 2011, and mentioned plans that involve mobile applications, hosted services, virtualization, unified communications, and cloud computing.

    AT&T Business Continuity Study Key Findings:

    Cloud Computing

    The business continuity survey results also showed that 52 percent of Los Angeles area IT executives already use or will consider implementing cloud services to augment their business continuity and disaster relief strategy. For these purposes, cloud computing most often provides data storage (42%), application servers (37%) and web servers (30%) for disaster recovery use.

    Social Networking Accessibility and Concerns

    Of those surveyed, 55 percent indicated that their company provides employees with access to social media and other networking tools, but a strong 80 percent of executives expressed concern about the security threats that come with that access.

    Most frequently, employees have access to:

    --  Facebook (44%)
    --  LinkedIn (39%)
    --  Twitter (35%)
    --  YouTube (31%).
    

    Executives said that social networking is typically used among employees to proactively share news and content about the business with customers or other stakeholders (28%), directly communicate and engage with customers or other stakeholders (15%) and for monitoring news and other chatter (24%).

    Study Methodology

    The 2011 AT&T Business Continuity Study is based on an online survey of 401 Information Technology (IT) executives in four U.S. metropolitan areas: Dallas/Ft. Worth, Los Angeles, Atlanta and Washington, D.C. The study was conducted by e-Rewards Market Research with companies having total revenues of more than $25 million. Surveys were obtained between February 23 and March 17, 2011.

    All survey respondents have primary responsibility for business continuity planning, representing 18 major industry areas in addition to local/state government. Sixty-nine percent (69%) represent companies with locations outside of the U.S.

    *AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

    About AT&T

    AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile broadband and emerging 4G capabilities, AT&T also offers the best wireless coverage worldwide of any U.S. carrier, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(R) and AT&T | DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising.

    Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com. This AT&T news release and other announcements are available at http://www.att.com/newsroom and as part of an RSS feed at www.att.com/rss. Or follow our news on Twitter at @ATT.

    (C) 2011 AT&T Intellectual Property. All rights reserved. Mobile broadband not available in all areas. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.

    AT&T Inc.

    CONTACT: Gina Pernetti of AT&T Corporate Communications, Office,
    +1-916-847-8542, gp7182@att.com

    Web site: http://www.att.com/




    Longtop Financial Technologies Limited Announces Board Acceptance of Resignation of Chief Financial Officer

    HONG KONG, June 1, 2011 /PRNewswire-Asia/ -- Longtop Financial Technologies Limited ("Longtop" or the "Company") announced today that the Board has formally accepted the resignation of Derek Palaschuk, the Company's Chief Financial Officer. He tendered his resignation by letter, dated May 19, 2011.

    Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

    This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as ''believes,'' ''expects,'' ''anticipates,'' ''intends,'' ''estimates,'' the negative of these terms, or other comparable terminology. There is significant uncertainty related to the concerns raised by the DTT resignation letter and the potential impact of the internal investigation and the findings of that investigation on the Company and its businesses (including the potential costs associated with this investigation). Other factors that could cause actual results to differ include the ability to retain an audit firm to replace DTT; effectiveness, profitability, and marketability of the company's solutions; the Company's limited operating history; its reliance on a limited number of customers that continue to account for a high percentage of the Company's revenues; risk of payment failure by any of its large customers, which could significantly harm the Company's cash flows and profitability; future shortage or availability of the supply of employees; general economic and business conditions; the volatility of the company's operating results and financial condition; the Company's ability to attract or retain qualified senior management personnel and research and development staff; and other risks detailed in the company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the companies and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward looking statements are reasonable, they cannot assure you that their expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. Any projections in this release are based on limited information currently available to us, which is subject to change.

    About Longtop Financial Technologies Limited

    Longtop is a leading software development and solutions provider targeting the financial services industry in China. Longtop develops and delivers a comprehensive range of software applications and solutions with a focus on meeting the rapidly growing IT needs of the financial services institutions in China. Longtop is the highest ranked Chinese financial technology provider on the Global FinTech 100 survey of top technology partners to the financial services industry. Independent research firm IDC has also named Longtop the No.1 market share leader in China's Banking IT solution market and the No.2 market share leader in China's Insurance IT solution market in calendar year 2009.

    Contact us

    Longtop Financial Technologies Limited Email: ir@longtop.com

    Longtop Financial Technologies Limited

    Web site: http://en.longtop.com/




    Nearly 85% of U.S. Businesses Ready to 'Weather the Storm' Due to Planning: AT&T StudyIncreases in Technology Investments Help Protect Business Operations in Tornadoes, Floods, Other Natural Disasters

    DALLAS, June 1, 2011 /PRNewswire/ -- As Midwesterners survey the wreckage from last week's deadly tornadoes and the Southern states recover from April's devastating rain storms, the importance of business continuity and disaster recovery efforts is a topic that remains close to home for businesses and organizations across the United States.

    A recent study by AT&T* found that:

    --  84 percent of executives have responded to the need to prepare for
    disasters by implementing business continuity plans - an increase of 12%
    in over the past five years.
    --  Nearly two-thirds (65%) of companies take specific actions to protect
    their employees and businesses when the government issues an alert for
    an impending emergency - up 31% in the same timeframe.
    

    These results from AT&T's annual business continuity study reveal a trend towards greater emphasis on planning and responding to potential threats. AT&T has conducted this study for ten consecutive years, surveying IT executives from companies in the United States with at least $25 million in annual revenue to measure the national pulse on business continuity planning.

    2011 AT&T Business Continuity Study Key Findings

    Evolutions in technology and recovering IT budgets have enabled businesses to investigate new means for maintaining critical operations in the face of natural or manmade disasters.

    --  Eight out of ten (80%) executives indicate that their companies will be
    investing in new technologies in 2011, up from 72% in 2010.
    --  A majority (54%) of organizations surveyed currently use or are
    considering using cloud services to augment their business continuity
    and disaster recovery strategies.
    --  Use of mobile devices plays a role in 78% of business continuity plans.
    --  Most companies (80%) have systems in place that enable employees to work
    from home or remote locations, representing an increase of 14 percentage
    points in the past four years.
    

    The security implications of social networking remain a concern for IT executives, even as their companies begin to integrate these tools into their business strategies.

    --  Three out of four (79%) of executives expressed concerns about the
    increased usage of social networking capabilities.
    --  More than half (56%) of companies allow employees to access social
    networking tools such as Facebook, LinkedIn, Twitter, and YouTube from
    the corporate network.
    --  Two-thirds (67%) of businesses use social media to communicate with
    customers and stakeholders or to monitor for relevant news and chatter.
    

    Mobility and wireless capabilities carry weight in business continuity planning as well as day-to-day operations for many companies.

    --  Six out of ten (64%) organizations include wireless network capabilities
    as part of their business continuity plan.
    --  More than a third (38%) of companies plan to invest in mobile
    applications during 2011.
    --  Most companies (81%) allow employees to access work emails on their
    personal smartphones.
    --  Eight out of ten (82%) of executives are concerned about the potential
    impact of mobile device usage on security threats.
    

    "In the aftermath of recent disasters both in the U.S. and abroad, executives are recognizing now more than ever that business continuity planning must be a priority," said Chris Costello, assistant vice president, AT&T As a Service Solutions, AT&T Business Solutions. "This year we've seen a marked increase in IT budgets as the country emerges from the recession, inspiring business leaders to explore the potential of new technologies such as cloud computing and mobile applications for disaster preparedness efforts and everyday use."

    AT&T offers a wide array of business continuity services, encompassing disaster planning, risk management, recovery preparedness and communications readiness. AT&T Business Continuity Services are comprehensive, providing customers with business-impact analysis, risk assessments, enterprise hosting, cloud computing and application services, a full continuum of storage solutions, high-availability network solutions and network and IT security solutions.

    AT&T also conducts several Network Disaster Recovery (NDR) exercises each year, the next one scheduled for July 12th and 13th in London, England. These events are designed to test, refine and strengthen AT&T's business continuity and disaster recovery services. By simulating large-scale disasters and network service disruptions, AT&T can apply and hone best practices for rapidly restoring communications.

    AT&T has invested more than $600 million in its NDR program, which includes specially trained managers, engineers and technicians from across the United States, as well as a fleet of more than 320 self-contained equipment trailers and support vehicles that house the same equipment and components as an AT&T data-routing or voice-switching center.

    For more information on the 2011 AT&T Business Continuity Study, including complete research results, regional findings and year-over-year comparisons, please visit http://www.att.com/businesscontinuity-news.

    Study Methodology

    The 2011 AT&T Business Continuity Study is based on an online survey of 401 Information Technology (IT) executives in four U.S. metropolitan areas: Dallas/Fort Worth, Los Angeles, Atlanta and Washington, D.C. The study was conducted by e-Rewards Market Research with companies having total revenues of more than $25 million. Surveys were obtained between February 23 and March 17, 2011.

    All survey respondents have primary responsibility for business continuity planning, representing 18 major industry areas in addition to local/state government. Sixty-nine percent (69%) represent companies with locations outside of the U.S.

    *AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

    About AT&T

    AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile broadband and emerging 4G capabilities, AT&T also offers the best wireless coverage worldwide of any U.S. carrier, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(R) and AT&T | DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising.

    Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com. This AT&T news release and other announcements are available at http://www.att.com/newsroom and as part of an RSS feed at www.att.com/rss. Or follow our news on Twitter at @ATT.

    (C) 2011 AT&T Intellectual Property. All rights reserved. Mobile broadband not available in all areas. AT&T, the AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.

    AT&T Inc.

    CONTACT: Jessica Rich of AT&T Corporate Communications, +1-908-234-7034,
    jr105t@att.com

    Web site: http://www.att.com/




    LocatePC now Available With the World's 2nd Largest Retail Distributor of SoftwareLocatePC Is Now Available To Over Thousands Through Retail

    ATLANTA, June 1, 2011 /PRNewswire/ -- LIGATT Security International announces today that it will work with the power software distributor NAVARRE Corporation. LIGATT, the sister company of Hi-Tech Crime Solutions , signed a deal with Global Marketing Partners. Global facilitated the deal with NAVARRE.

    NAVARRE Corp. distributes non-proprietary and non-exclusive multimedia products, including personal computer software and accessories. The company is based in New Hope, Minnesota. NAVARRE Distribution Services Inc. operates as a subsidiary of NAVARRE Corp.

    "This is such a big deal for LIGATT Security," says Gregory Evans CEO of LIGATT Security International. "NAVARRE's distribution includes Walmart, Sam's Club, Best Buy, Target, APPLE, COSTCO, Staples, Office Depot and hundreds more. The distribution deal alone can be worth hundreds of thousands or millions of dollars to LIGATT Security's net worth," says Evans.

    LocatePC has more features than any other stolen computer service in the world. Some of the features of LocatePC include tracking a missing or stolen PC or MAC, iPhone and iPad anywhere in the world. You can download your files while the thief has your computer. You can take snap shots from your iPhone or on your computer of the person who has your device without them knowing.

    About Hi-Tech Crime Solutions

    Hi-Tech Crime Solutions Inc., formally SPOOFEM.COM, is committed to lead the nation in providing an outlet for small businesses and individuals to promote their products and provide them to consumers. We are a publicly traded company that licenses products from other companies and individuals to retail stores around the world. In addition we also book speaking engagements on TV, Radio and Print to promote products through the company. For additional information on products and services offered by the company visit www.hitechcrimesolutions.com. For more links to follow us go to:

    www.gregorydevans.com

    www.ligatt.com

    www.locatepc.com

    www.amihackerproof.com

    www.hackergearonline.com

    www.spoofem.com

    ABOUT LIGATT SECURITY INTERNATIONAL

    LSI is a hi-tech security company that focuses on computer security and cyber-crime investigation. It is a publicly traded company whose mission is to be the nation's leading provider of hi-tech crime investigations, by protecting their clients against Black Hat Hacking one CPU at a time. For more information about LIGATT Security International, visit www.LIGATT.com or follow them on Twitter at www.twitter.com/LIGATT.

    ***This press release was done in-house by a LIGATT Security International staff member. LIGATT Security International never has and never will use stock promoters, or outside Investor Relations firms.***

    Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

    Media Contact:
    Ligatt Security International
    1(866) 354-4288 ext. 5
    pr@ligatt.com

    LIGATT Security International

    Web site: http://www.ligattsecurity.com/
    http://www.hitechcrimesolutions.com/
    http://www.LIGATT.com/




    Destiny Media Added to Profit 200 Ranking of Canada's Fastest-Growing Companies

    Destiny's Play MPE(R) Service Securely Delivers Major Label Pre-Release Broadcast Quality Music and Video Content to Radio Stations and Other Trusted Recipients

    VANCOUVER, June 1, 2011 /PRNewswire/ - Destiny Media Technologies is pleased to announce that it has been ranked 125th in the 23rd annual PROFIT 200 ranking of Canada's Fastest-Growing Companies by PROFIT Magazine, with a growth rate of 390%.

    Ranking Canada's Fastest-Growing Companies by five-year revenue growth, the PROFIT 200 profiles the country's most successful growth companies. Published in the Summer issue of PROFIT and online at PROFITguide.com, the PROFIT 200 is Canada's largest annual celebration of entrepreneurial achievement."

    "The PROFIT 200 companies are the innovative, high-growth enterprises Canada needs to compete on the global stage," says Ian Portsmouth, Editor-in-Chief of PROFIT Magazine. "PROFIT is proud to celebrate their achievements and ambitions, and we encourage all businesspeople to learn more about the many ways they've come so far, so fast."

    Destiny Media Technologies, CEO, Steve Vestergaard says the team appreciates the award and recognition. "As our private industry network continues to expand, we expect increasing transaction rates to continue to translate into rapid financial growth."

    Destiny's flagship Play MPE(R) product is a security solution built around patented locking and watermarking technologies that securely delivers new music to radio, press and other trusted recipients of pre-release media. It's in use by all four major record label groups and is being rolled out to 77 countries around the world. Destiny's other software solutions include live TV, internet radio, playerless streaming and online video questionnaire offerings.

    About Destiny Media Technologies
    Destiny Media is the developer of the Play MPE(R) system (http://www.plaympe.com) which the recording industry uses to securely distribute new pre-release music through the internet to trusted recipients such as radio, media and VIP's. Over 400,000 tracks have been delivered to 50,000 registered industry insiders since launch, representing 240 million deliveries. Real time usage statistics are available at http://www.plaympe.com/v4/company/plaympestats.php and archived press releases are available at: http://www.dsny.com/v7/news/index.php

    About PROFIT Magazine:
    PROFIT: Your Guide to Business Success is Canada's preeminent publication dedicated to the management issues and opportunities facing small and mid-sized businesses. For 29 years, Canadian entrepreneurs and senior managers across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy and accuracy of this release.

    Destiny Media Technologies, Inc.

    CONTACT: Press Contacts:
    Steve Vestergaard
    CEO Destiny Media Technologies, Inc.
    604 609 7736 x222
    steve@dsny.com




    Whirlpool Brand Meets Homeowner Accessibility Needs with New ADA-Compliant Ranges

    BENTON HARBOR, Mich., June 1, 2011 /PRNewswire-FirstCall/ -- Whirlpool brand is helping make cooking more accessible and for all homeowners with the introduction of two ADA-compliant* (American with Disabilities Act) ranges. The Whirlpool(R) 30-inch drop-in self-cleaning ranges meet accessibility guidelines established by the ADA to make daily activities easier for those with limited mobility.

    (Logo: http://photos.prnewswire.com/prnh/20110404/NY75862LOGO )

    "With Baby Boomers approaching retirement age, it has become increasingly important for builders and remodelers to furnish homes with appliances and controls that are easily accessible for all, without sacrificing aesthetics," said Terri Connett, senior manager contract marketing and design, Whirlpool Corporation. "Whirlpool brand's new ADA-compliant ranges are an excellent addition to our existing line of ADA-compliant appliances, which not only support seniors, but anyone with limited mobility."

    The electric ceramic glass model features a cooktop with two 6-inch and two 6-inch/9-inch radiant elements, while the electric coil cooktop has two 6-inch and two 8-inch coil elements. Both cooktops accommodate pots and pans of varying sizes and feature 4.5 cubic feet of capacity and the AccuBake(R) temperature management system, which surrounds food with even temperatures for consistent results every time. Each range also features the Delay Bake and Delay Clean functions, which allow pre-programmable baking and cleaning.

    With more than 150 ADA-compliant Whirlpool brand appliances to choose from, homeowners have several options at their fingertips for an accessible kitchen.

    Prime examples of these ADA-compliant appliances include: appliances that have handles, buttons and graphics located on the front, positioned closer to the user; appliances with labeling that is 48 percent larger for easier visibility; ovens with large windows; and drawer dishwashers.

    About Whirlpool Corporation

    Celebrating its 100th anniversary in 2011, Whirlpool Corporation's influence on home and family life has shaped trends in the kitchen, laundry area and beyond. The company strives to exceed expectations with appliances that help building professionals create homes of distinction. Whirlpool Corporation's The Inside Advantage(TM) Program offers Powerful Brands, Innovative Products, Targeted Services and Market Insight to support building professionals.

    Whirlpool Corporation is the world's leading manufacturer and marketer of major home appliances, with annual sales of more than $18 billion in 2010, 71,000 employees, and 66 manufacturing and technology research centers around the world. The company markets Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Consul, Bauknecht and other major brand names to consumers in nearly every country around the world.

    For more information on Whirlpool Corporation and its offerings for building professionals, please visit insideadvantage.com or call 1-800-952-2537.

    *Model meets applicable ADA requirements and must be installed in compliance with current ADA Standards.

    Photo: http://photos.prnewswire.com/prnh/20110404/NY75862LOGO
    PRN?Photo?Desk, photodesk@prnewswire.com Whirlpool Corporation

    CONTACT: Whitney Klinck, Miller Brooks, +1-317-873-8100,
    whitney@millerbrooks.com

    Web site: http://www.whirlpoolcorp.com/




    Cable&Wireless Worldwide Extends Video Conferencing Suite Enabling Video Calls Across All Devices

    LONDON, June 1, 2011 /PRNewswire-FirstCall/ --

    - Managed Video Conferencing Across Handheld Devices, Desktops, Meeting Rooms, Public Room Access and Fully Immersive Telepresence

    - Cable&Wireless Worldwide Joins the Open Visual Communications Consortium (Ovcc) for Assured Quality Video Communications Across Other Service Provider Networks

    Cable&Wireless Worldwide, a leading mission critical communications provider, is continuing to enhance its Managed Video Conferencing (MVC) product portfolio. The solution now encompasses the whole range of video communications, from handheld devices to desktop units, meeting rooms, public room access (through partnership with Regus), and fully immersive telepresence. This makes using video conferencing an even more compelling communication tool for any organisation as all the devices can be used to communicate with one another.

    C&W Worldwide is also a founder member of the Open Visual Communications Consortium (OVCC), enabling global business-to-business connectivity for telepresence and video conferencing. The OVCC is a global, standards based, multi-vendor, multi-network visual communication exchange that will provide assured quality connectivity for video communications across other service provider networks.

    As a fully managed service, C&W Worldwide looks after every aspect of its video conferencing portfolio. This includes the installation process and providing training as well as enabling access to a dedicated concierge service for instant operator assistance and support. C&W Worldwide also provides address book management, monitoring of the service to ensure quality and third party escalation.

    Mark Charlesworth, Senior Product Manager at C&W Worldwide comments: "Video conferencing has an important role to play in the business environment. By including mobile devices it is now more accessible and convenient for users. They can even take advantage of video conferencing solutions on the move and when out of the office and also with customers, partners and suppliers on different networks internationally."

    Recent research conducted by C&W Worldwide shows that, despite the reliance on an array of electronic communications, face to face contact, either via video conferencing or by being in the same room, is fundamental to positive business collaboration. Eighty seven per cent of British respondents claimed that seeing colleagues or a contact was important in making business decisions. The research also showed that people have a greater concentration span on video conference calls as opposed to those conducted over the telephone, with focus on telephone conference calls waning at an average of 23 minutes versus 35 minutes on a video call. Over 42 per cent of UK respondents admitted to having checked or written emails, while 35 per cent have doodled and three per cent have even fallen asleep on a telephone conference call.

    C&W Worldwide provides telephone and video conferencing across its secure, next-generation network to large national and multi-national companies and UK Government departments. It estimates that the use of managed video conferencing saves customers at least 25 per cent on their travel costs. The number of video conferencing units being deployed to customers has increased by 34 per cent over the last 12 months. Internally, C&W Worldwide uses managed video conferencing extensively, clocking up over 1.2 million minutes across the business in 2010 with usage increasing 36 per cent in the last six months alone.

    NOTES TO EDITORS

    For more information on high definition video conferencing suites at Regus' premier global business centres please visit: http://bit.ly/lzRV4K

    For more information on Cable&Wireless Worldwide's research, 'Face to face contact seals the deal in modern business' please visit: http://bit.ly/kkygE8

    About Cable&Wireless Worldwide

    Cable&Wireless Worldwide is a leading global telecoms company providing a wide range of high-quality managed voice, data, hosting and IP-based services and applications to large multinational companies, governments, carrier customers and resellers across the UK, Asia Pacific, India, Middle East & Africa, Continental Europe and North America. Established in the 1860s, Cable&Wireless Worldwide helps more than 6,000 organisations deliver their goals. The Group's vision is to be the first choice for mission critical communications.

    Reaching 20,500km in length, Cable&Wireless Worldwide owns the UK's largest fibre network dedicated to business users of telecoms, and provides ubiquitous nationwide access through a combination of fibre, digital, microwave, radio and leased circuits. The network has presence in over 400 towns and cities in the UK, with 864 unbundled exchanges covering 56% of the population.

    Internationally, Cable&Wireless Worldwide's global next-generation network (NGN) stretches to more than 425,000km, including interests in 60 global cable systems, enabling connectivity to more than 150 countries. The Group's IP-based Multi-Service Platform operates at the core of our NGN, offering a single environment on which voice and data applications can be converged to drive business efficiencies. Cable&Wireless Worldwide's network is uniquely designed with inbuilt resilience.

    With more than 6,000 colleagues globally, Cable&Wireless Worldwide is committed to delivering exceptional customer service and developing long term partnerships with its customers

    To find out more, please visit http://www.cw.com Contacts: PR Contact Amy Gooch Hotwire +44(0)20-7608-2500 Amy.Gooch@hotwirepr.com

    Cable&Wireless Worldwide

    CONTACT: .




    Lockheed Martin Demonstrates Coalition Intelligence Interoperability at U.S. Joint Forces Empire Challenge ExerciseIntelligence Knowledge Sharing and Collaboration Made Real through DCGS

    FORT HUACHUCA, Ariz., June 1, 2011 /PRNewswire/ -- Using advanced, multi-level security intelligence sharing technologies, Lockheed Martin enabled members of the "Five Eyes" international consortium (United States, Canada, Great Britain, Australia, New Zealand) to securely share intelligence of dissimilar classifications during the recent Empire Challenge Joint Forces exercise. The end to end processing, dissemination, and exploitation of non-traditional intelligence data was also demonstrated using fully operational products built on the new Defense Intelligence Information Enterprise framework.

    "What we demonstrated at Empire Challenge was the art of the possible," said Jim Quinn, vice president for C4ISR Systems with Lockheed Martin's IS&GS-Defense. "The demand for better, quicker intelligence sharing between our allies has never been more important than it is today. By leveraging our expertise in secure intelligence processing we provided 'Five Eyes' nations access to real-time intelligence from classified and unclassified networks." Quinn went on to say that building enterprise grade services and applications "that are affordable and reusable provide benefit to more than any single cadre of users."

    Currently, coalition access to intelligence from the global Distributed Common Ground System (DCGS) sites (which process, correlate and disseminate intelligence feeds from air, ground and sea-based assets) is limited solely to U.S. force collaborators, or requires utilization of high level cross-domain guard solutions, both of which inhibit seamless intelligence sharing between multi-national forces.

    Operating at multiple locations including Langley Air Force Base, Va., and Fort Huachuca, Ariz., in an environment replicating that of Afghanistan, the team demonstrated capabilities that managed vast amounts of high definition video and intelligence data spanning multiple security domains using Lockheed Martin's Trusted Manager (TMAN) data guard. Then, employing soon-to-be-fielded next generation intelligence sharing technology developed for the DCGS Integration Backbone (DIB), the team enabled U.S. and "Five Eyes" coalition partners to readily access intelligence data and video from classified and unclassified networks among multi-national partners.

    Current access to operational DIB data is limited to only U.S. forces, requiring a cross-domain secure guard to enable U.S. and coalition collaboration. Lockheed Martin's development and employment of the latest generation of DIB technology within the DCGS Enterprise verifies data classification tags against user security credentials before allowing them access to data. This trusted computing layer enacts authentication and authorization access controls to enable coalition partners to discover and access intelligence via the DIB as it became available using interoperability standards. The benefit is twofold: U.S. and coalition partners share the same intelligence as it becomes available and, more significantly in today's fight, trusted credentials and open architecture increases the availability of intelligence while reducing delivery time.

    Lt. Col. Thomas Tschuor, the U.S. Air Force DCGS Multi-Service Execution Team Office Director, noted that the upcoming release of the DIB Message Translation Service, deployed at Empire Challenge 2011, demonstrates the sharing and interoperability of new and existing applications and services within the enterprise. Lt. Col. Tschuor added, "the next release of the DIB version 3.0 will contain the Message Translation Service and will enable faster and more affordable exposure of intelligence data to the DIB federation at the enterprise level."

    Empire Challenge is an annual joint and coalition interoperability demonstration that showcases emerging U.S. and multi-national intelligence, surveillance and reconnaissance solutions that can be fielded rapidly. The 2011 demonstration was held at Fort Huachuca with distributed locations throughout the United States and coalition sites in the United Kingdom, Canada and Australia.

    Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 126,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's 2010 sales from continuing operations were $45.8 billion.

    For additional information, visit our website: http://www.lockheedmartin.com

    Lockheed Martin

    CONTACT: Suzanne Smith, +1-303-932-5230, suzanne.m.smith@lmco.com

    Web site: http://www.lockheedmartin.com/




    Residents of Greene County, Iowa to Benefit From Verizon Wireless 3G Network Enhancements

    JEFFERSON, Iowa, June 1, 2011 /PRNewswire/ -- To continue to stay ahead of rising demand for wireless voice, 3G multimedia and Internet access, Verizon Wireless has expanded its local network in Greene County, Iowa, by activating a new cell site.

    The cell site, located near the Squirrel Hollow Wildlife area, improves coverage in Greene County as follows:

    --  North to County Highway P33 and County Highway 175;
    --  South to County Highway E57 and County Highway P26;
    --  East to Highway 30 and County Highway P54;
    --  and West to Highway 4 and Highway 30
    

    The new cell site provides increased wireless voice and 3G data service in Greene County which empowers more Verizon Wireless customers to rely on their wireless phones for social networking, Internet browsing, downloading apps, exchanging email and text, picture and video messaging, as well as making calls.

    "Iowans are increasingly relying on smartphones and 3G applications to manage their busy lives and stay connected at home or on-the-go," said Seamus Hyland, president-Great Plains Region, Verizon Wireless. "This new cell site is part of our continual investment in our network so our customers can use their devices when, where and how they need them."

    In addition to the ongoing investment in its 3G network, Verizon Wireless has launched the world's first large-scale 4G Long Term Evolution (LTE) network, which will be available in 76 metropolitan areas by June 16, 2011. The company will continue a phased market rollout so that by the end of 2013, the 4G LTE network will be available everywhere Verizon has its 3G network today.

    Verizon Wireless 4G LTE average data rates are 5 to 12 megabits per second (Mbps) on the downlink and 2 to 5 Mbps on the uplink in real-world, loaded network environments. These speeds are significantly faster than Verizon Wireless and other wireless providers' current or promised 3G network speeds.

    This new cell site is part of Verizon Wireless' continual effort to expand coverage, increase capacity and enhance the quality of its wireless voice and data network in Iowa and throughout the country. Verizon Wireless has invested more than $65 billion since it was formed--$6 billion on average every year--to increase the coverage and capacity of its premier nationwide network and to add new services. Since 2000, Verizon Wireless has invested more than $287 million on improvements to its wireless network in Iowa.

    About Verizon Wireless

    Verizon Wireless operates the nation's fastest, most advanced 4G network and largest, most reliable 3G network. The company serves 104 million total wireless connections, including more than 88 million retail customers. Headquartered in Basking Ridge, N.J., with 85,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications and Vodafone . For more information, visit 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 www.verizonwireless.com/multimedia.

    Verizon Wireless

    CONTACT: Karen Smith of Verizon Wireless, +1-763-595-2511,
    Karen.Smith@Verizonwireless.com, http://twitter.com/KarenVZW; or Debbie
    Hilt, for Verizon Wireless, +1-402-292-5553, ext. 6,
    Debbie@AlbersCommunications.com

    Web site: http://www.verizonwireless.com/




    Cable&Wireless Worldwide Extends Video Conferencing Suite Enabling Video Calls Across All Devices

    LONDON, June 1, 2011 /PRNewswire/ --

    - Managed Video Conferencing Across Handheld Devices, Desktops, Meeting Rooms, Public Room Access and Fully Immersive Telepresence

    - Cable&Wireless Worldwide Joins the Open Visual Communications Consortium (Ovcc) for Assured Quality Video Communications Across Other Service Provider Networks

    Cable&Wireless Worldwide, a leading mission critical communications provider, is continuing to enhance its Managed Video Conferencing (MVC) product portfolio. The solution now encompasses the whole range of video communications, from handheld devices to desktop units, meeting rooms, public room access (through partnership with Regus), and fully immersive telepresence. This makes using video conferencing an even more compelling communication tool for any organisation as all the devices can be used to communicate with one another.

    C&W Worldwide is also a founder member of the Open Visual Communications Consortium (OVCC), enabling global business-to-business connectivity for telepresence and video conferencing. The OVCC is a global, standards based, multi-vendor, multi-network visual communication exchange that will provide assured quality connectivity for video communications across other service provider networks.

    As a fully managed service, C&W Worldwide looks after every aspect of its video conferencing portfolio. This includes the installation process and providing training as well as enabling access to a dedicated concierge service for instant operator assistance and support. C&W Worldwide also provides address book management, monitoring of the service to ensure quality and third party escalation.

    Mark Charlesworth, Senior Product Manager at C&W Worldwide comments: "Video conferencing has an important role to play in the business environment. By including mobile devices it is now more accessible and convenient for users. They can even take advantage of video conferencing solutions on the move and when out of the office and also with customers, partners and suppliers on different networks internationally."

    Recent research conducted by C&W Worldwide shows that, despite the reliance on an array of electronic communications, face to face contact, either via video conferencing or by being in the same room, is fundamental to positive business collaboration. Eighty seven per cent of British respondents claimed that seeing colleagues or a contact was important in making business decisions. The research also showed that people have a greater concentration span on video conference calls as opposed to those conducted over the telephone, with focus on telephone conference calls waning at an average of 23 minutes versus 35 minutes on a video call. Over 42 per cent of UK respondents admitted to having checked or written emails, while 35 per cent have doodled and three per cent have even fallen asleep on a telephone conference call.

    C&W Worldwide provides telephone and video conferencing across its secure, next-generation network to large national and multi-national companies and UK Government departments. It estimates that the use of managed video conferencing saves customers at least 25 per cent on their travel costs. The number of video conferencing units being deployed to customers has increased by 34 per cent over the last 12 months. Internally, C&W Worldwide uses managed video conferencing extensively, clocking up over 1.2 million minutes across the business in 2010 with usage increasing 36 per cent in the last six months alone.

    NOTES TO EDITORS

    For more information on high definition video conferencing suites at Regus' premier global business centres please visit: http://bit.ly/lzRV4K

    For more information on Cable&Wireless Worldwide's research, 'Face to face contact seals the deal in modern business' please visit: http://bit.ly/kkygE8

    About Cable&Wireless Worldwide

    Cable&Wireless Worldwide is a leading global telecoms company providing a wide range of high-quality managed voice, data, hosting and IP-based services and applications to large multinational companies, governments, carrier customers and resellers across the UK, Asia Pacific, India, Middle East & Africa, Continental Europe and North America. Established in the 1860s, Cable&Wireless Worldwide helps more than 6,000 organisations deliver their goals. The Group's vision is to be the first choice for mission critical communications.

    Reaching 20,500km in length, Cable&Wireless Worldwide owns the UK's largest fibre network dedicated to business users of telecoms, and provides ubiquitous nationwide access through a combination of fibre, digital, microwave, radio and leased circuits. The network has presence in over 400 towns and cities in the UK, with 864 unbundled exchanges covering 56% of the population.

    Internationally, Cable&Wireless Worldwide's global next-generation network (NGN) stretches to more than 425,000km, including interests in 60 global cable systems, enabling connectivity to more than 150 countries. The Group's IP-based Multi-Service Platform operates at the core of our NGN, offering a single environment on which voice and data applications can be converged to drive business efficiencies. Cable&Wireless Worldwide's network is uniquely designed with inbuilt resilience.

    With more than 6,000 colleagues globally, Cable&Wireless Worldwide is committed to delivering exceptional customer service and developing long term partnerships with its customers

    To find out more, please visit http://www.cw.com

    Contacts: PR Contact Amy Gooch Hotwire +44(0)20-7608-2500 Amy.Gooch@hotwirepr.com

    Cable&Wireless Worldwide

    CONTACT: .




    Reacting to Early Sales Success and Exciting Customer Demand, SureWest Accelerates 5,000 New Fiber Homes in Olathe, Kansas

    ROSEVILLE, Calif., June 1, 2011 /PRNewswire/ -- Following the excitement that has been created with its recent launch of fiber homes in Olathe, KS, SureWest Communications today announced that its Board of Directors has approved adding 5,000 new homes to its 2011 capital plan, resulting in a total of 15,500 fiber home additions scheduled this year in Olathe.

    (Logo: http://photos.prnewswire.com/prnh/20050908/SFSUREWESTLOGO)

    Steve Oldham, SureWest's president and chief executive officer, said, "This acceleration of homes is a direct result of the high customer demand for SureWest's fiber service and the excellent work of our employees, who have been delivering homes efficiently and ahead of schedule. We have created a buzz in the marketplace with this new service offering and are successfully selling at rates exceeding our expectations.

    "Our goal is to reach 35-40% in total penetration on the new fiber homes, and in just a month we have already achieved 18% sales penetration on the first 2,000. In some areas, we are as high as 33%. The acceleration of homes speaks to the confidence we have in our plan and in our employees to continue delivering a strong return on our investments. These types of growth opportunities are expected to generate long-term sustainable free cash flow and additional value for our shareholders."

    The additional homes enable SureWest to further take advantage of Federal tax incentives on new investments made in 2011. It increases SureWest's projected 2011 capital expenditures range from $60-70 million to $65-74 million. Projected capital expenditures for 2012 remain in the $60-70 million range and in the $55-65 million range for 2013.

    SureWest expects to continue investing in high-margin growth opportunities and is prioritizing spending where it has experienced the greatest returns. The company has achieved high penetration levels in the Kansas City market since it began passing fiber homes in 2009. The existing Kansas City hybrid fiber coaxial network has 40% penetration levels and the 11,600 new fiber homes passed in 2009 have already reached 34% penetration.

    About SureWest

    SureWest Communications (www.surewest.com) is a leading integrated communications provider and the bandwidth leader in the markets it serves. Headquartered in Northern California for more than 95 years, SureWest offers bundled residential and commercial services in the greater Sacramento and Kansas City regions that include IP-based digital and high-definition television, high-speed Internet, Voice over IP, and local and long distance telephone. SureWest was the nation's first provider to launch residential HDTV over an IP network and offers one of the nation's fastest symmetrical Internet services with speeds of up to 50 Mbps in each direction on its fiber-to-the-home network.

    Safe Harbor Statement

    Statements made in this news release that are not historical facts are forward-looking statements and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. In some cases, these forward-looking statements may be identified by the use of words such as "may," "will," "should," "expect," "plan," "anticipate" or "project," or the negative of those words or other comparable words. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the company's actual results to differ from those projected in such forward-looking statements.

    Important factors that could cause actual results to differ from those set forth in the forward-looking statements include, but are not limited to, advances in telecommunications technology, changes in the telecommunications regulatory environment, changes in the financial stability of other telecommunications providers who are customers of the company, changes in competition in markets in which the company operates, adverse circumstances affecting the economy in California, Kansas and Missouri in general, and in the greater Sacramento, California and greater Kansas City, Kansas and Missouri areas in particular, the availability of future financing, changes in the demand for services and products, new product and service development and introductions, and pending and future litigation.

    Contacts:

    Ron Rogers
    Corporate Communications
    916-746-3123
    r.rogers@surewest.com

    Misty Wells
    Investor Relations
    916-786-1799
    m.wells@surewest.com

    Photo: http://photos.prnewswire.com/prnh/20050908/SFSUREWESTLOGO
    PRN Photo Desk photodesk@prnewswire.com SureWest Communications

    Web site: http://www.surewest.com/




    Light Reading India Debuts

    NEW DELHI, June 1, 2011 /PRNewswire/ -- Light Reading India (www.lightreading.in), a new online community targeted at the fast-growing India telecom marketplace, launched today with a mission to help the country's telecom community achieve its aim of developing India's broadband sector.

    The new site was launched on the first day of Light Reading's Mobile Broadband Summit (http://mobilebroadbandsummit.com/), a two-day event focused on the most pressing issues facing India's telecom sector today. The launch was met with great enthusiasm and support by the more than 200 delegates that attended the event's first day.

    Light Reading India launches at a critical point in the development of India's communications services sector. Having already added more than 420 million new mobile lines between them during the past two years, the country's network operators, armed with new spectrum, are set to unleash a wireless broadband revolution. It's a revolution that's needed: India has more 1.2 billion people but only about 12 million fixed broadband connections and just 10 million 3G users.

    "This is a perfect time to launch an online community that can deliver real value to India's telecom community," says Gagandeep Kaur, the editor of Light Reading India who will lead a new team of reporters based in New Delhi and Mumbai.

    "Not only does the market here need to know about the local developments that are impacting their working lives, but it needs insight into the developments from other markets around the world that can help shape the future of India's broadband market. With its global team of in-house analysts from Heavy Reading and Pyramid Research, a partnership with Indian research house Tonse Telecom, and input from the Light Reading Communications Network's team of international editors, Light Reading India is uniquely positioned to provide an unrivalled perspective," adds Kaur.

    "Launching Light Reading India is part of our strategy to continue to invest and grow Light Reading in the markets that matter the most," said Joseph Braue, EVP and Group Director of the Light Reading Communications Network. "Light Reading India joins Light Reading Europe and Light Reading Asia as our global communities, along with Light Reading Mobile and Light Reading Cable, which focus on specific service provider technology markets."

    In addition to offering advertising partners the opportunity to reach its 17,000 registered site goers through banners, whitepaper syndication, newsletters, webinars and custom events, Light Reading India will offer video documentaries via its high-quality LRTV video production unit. For information on marketing and advertising opportunities, please contact Yogesh Joshi, director of sales and marketing, at yogesh.joshi@ubm.com

    About the Light Reading Communications Network

    Founded in 2000, Light Reading (www.lightreading.com) is the leading online media, research, and focused event company serving the $3 trillion worldwide communications market. Lightreading.com is the ultimate source for technology and financial analysis of the communications industry, leading the media sector in terms of traffic, content, and reputation. Light Reading's research arms, Heavy Reading and Pyramid Research, provide the most comprehensive communications research, market data, and technology analysis in close to 100 markets around the world. Light Reading produces nearly 20 targeted communications events including TelcoTV, Ethernet Expo New York and Ethernet Expo London, The Tower Summit @ CTIA, the Mobile Broadband Summit in Delhi, as well as focused one-day events tailored for cable, mobile, and wireline executives. Light Reading was acquired by UBM plc in August 2005 and operates as a unit of UBM TechWeb.

    About UBM TechWeb (http://www.ubmtechweb.com/)

    UBM TechWeb, the global leader in technology media and business information, enables people and organizations to harness the transformative power of technology. Through its core businesses - media solutions, marketing services, and professional information - UBM TechWeb produces the most respected and consumed brands, applications, and services in the technology market. More than 14.5 million business and technology professionals (CIOs, IT and IT Support managers, Web and digital professionals, software and game developers, government decision makers, telecom providers and business executives) actively participate in UBM TechWeb's communities. UBM TechWeb brands include: global face-to-face events such as Interop, Game Developers Conference (GDC), Web 2.0, Black Hat, and Enterprise Connect (formerly VoiceCon); large-scale online networks such as InformationWeek, Light Reading, and Gamasutra; research, training, and certification services, including HDI, Pyramid Research, and InformationWeek Analytics; and market-leading magazines such as InformationWeek and Wall Street & Technology. UBM TechWeb is part of UBM plc, a global provider of media and information services for professional B2B communities and markets.

    About UBM plc

    UBM plc is a leading global business media company. We inform markets and bring the world's buyers and sellers together at events, online, in print and provide them with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewellery traders, from farmers to pharmacists around the world. Our 6,000 staff in more than 30 countries are organised into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently.

    For more information, go to www.ubm.com

    CONTACT: Jennifer Baker, +1-617-871-1910, jbaker@pyr.com

    Light Reading

    Web site: http://www.lightreading.com/




    Sonic Foundry Event Services Webcasts Annual Conference for the New Urbanism (CNU)Sessions of 19th annual conference to be streamed via Mediasite

    MADISON, Wis., June 1, 2011 /PRNewswire/ -- Sonic Foundry, Inc. , the recognized market leader for rich media webcasting, lecture capture and knowledge management, today announced the company's Event Services group will webcast the 19th annual Conference for the New Urbanism (CNU), taking place this week at the Monona Terrace Community and Convention Center in Madison, Wis.

    CNU 19 will offer workshops, tours and plenary sessions for a range of attendees, from professionals looking to network and learn from their peers to everyday citizens wanting to make their communities healthier and more sustainable. Sessions are geared toward individuals at every level of their careers - from students newly learning about New Urbanism and Smart Growth to veterans of these movements.

    Thanks to streamed sessions via Mediasite, attendees and non-attendees alike will have access to the information and resources provided in the sessions through on-demand webcasts available after the conference at www.cnu.org.

    The conference will be webcast by Sonic Foundry's Event Services, a leading provider of webcasting services for hybrid events and virtual conferences. The group supplies technical webcasting services and expertise to organizations who seek to complement their conference or event with viewing over the web. Since its launch in January 2007, the Event Services group has provided live and on-demand webcasting for clients ranging from Fortune 500 corporations and university associations to sporting events and charitable organizations.

    About Sonic Foundry(R), Inc.

    Sonic Foundry is the global leader for rich media webcasting and knowledge management, providing enterprise communication solutions for education, business and government. Powered by Mediasite, the patented webcasting platform which automates the capture, management, delivery and search of lectures, online training and briefings, Sonic Foundry empowers people to transform the way they communicate. Through the Mediasite platform and its Event Services group, the company helps customers connect a dynamic, evolving world of shared knowledge and envisions a future where learners and workers around the globe use webcasting to bridge time and distance, accelerate research and improve performance. Product and service names mentioned herein are the trademarks of Sonic Foundry, Inc. or their respective owners.

    Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to continued market acceptance for Sonic Foundry's products, its ability to succeed in capturing significant revenues from media services and/or systems, the effect of new competitors in its market, integration of acquired business and other risk factors identified from time to time in its filings with the Securities and Exchange Commission.

    Sonic Foundry, Inc.

    CONTACT: Tammy Kramer of Sonic Foundry, +1-608-237-8592,
    tammyk@sonicfoundry.com

    Web site: http://www.sonicfoundry.com/
    http://www.cnu.org/

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