Companies news of 2012-11-01 (page 1)

  • Newtek "The Small Business Authority" Stands Ready To Help Small Businesses Recover From...
  • AT&T Completes Stolen Phone Database To Help Curb Mobile Phone Theft
  • Priceline.com 3rd Quarter 2012 Earnings Press Release To Be Available On Company's...
  • Cimatron Invites Japanese Toolmakers to Gain a Competitive Edge
  • Emulex Joins Orange County Technology AllianceOrganization to Provide Resources and...
  • The Sterling Group Completes the Sale of Velcon Filters, LLC to Parker Hannifin...
  • TripIt Makes Holiday Travels a Breeze with the Season's Hot New DevicesTravelers Craving...
  • GlobalSpec Aerospace Technology Online Trade Show and Event Draws More Than 1,200...
  • ARRIS Announces New Share Repurchase Program Authorization
  • Rentrak Announces Top DVD & Blu-ray Sales And Rentals For Week Ending October 21, 2012
  • FARO to present at Baird's 2012 Industrial Conference
  • Elephant Talk to Host Third Quarter Shareholder Update Call on November 8, 2012
  • Vimicro International Regains Compliance with Minimum-Bid Closing-Price Requirement
  • Somfy Home Automation: Experience Security, Comfort and Energy Savings
  • ANSYS, Inc. Reports Record Third Quarter Results That Highlight Strong Margins And EPS...
  • GP Strategies Reports Strong Third Quarter 2012 Financial Results
  • Endomondo And POWERADE(R) Add Hydration Guide To Mobile Fitness App
  • Acquity Group Limited to Issue Results for The Third Quarter 2012 on November 8;...
  • Somfy Home Automation: Experience Security, Comfort and Energy Savings
  • Earnings Previews for Atmel, Ceragon Networks, Dragonwave, Anadigics, and Skyworks
  • Activision to Sell Limited Edition Dog Tags to Benefit the Call of Duty Endowment'Get...
  • RSCC and Eutelsat Partner on Long-term Roadmap for Advanced Satellite Resources in Russia
  • Jump-start Bluetooth(R) low energy smartphone app development in minutes with TI's...
  • CombiMatrix Corporation Selects Cartagenia BENCHlab CNV Platform to Bolster Expanded Lab...
  • InterContinental Hotels Of San Francisco Offer Exclusive "Kitchen Passport" Culinary...
  • KEMET Reports Second Quarter Fiscal Year 2013 Results
  • C-17 Sustainment Team Wins Top Award for Government-Industry Partnership
  • Tata Consultancy Services Named a NYRR Senior Sponsor and the Exclusive IT Consulting...
  • Top Financial Services Firm Launches Electronic Signature Service Hosted on CIC's iSign(R)...



    Newtek "The Small Business Authority" Stands Ready To Help Small Businesses Recover From Hurricane Sandy

    NEW YORK, Nov. 1, 2012 /PRNewswire/ -- Newtek Business Services, NASDAQ: NEWT, The Small Business Authority, today announced that it is setting up special programs to help small businesses devastated by Hurricane Sandy. Barry Sloane, Chairman and CEO of Newtek said: "We are here to help small businesses and even more so for those affected by Hurricane Sandy. Newtek is here as the "Small Business Authority" to help independent business owners in good times and bad, both our clients and others. We are a business located in Manhattan and on Long Island and know the problems businesses face. We are here at any time and every day to help with major causes of concern for small businesses. All it takes is a phone call to the 1-855-2-THESBA phone line for help with:

    --  SBA Disaster Loan Funding
    --  Examining Insurance Policies for coverage for wind, flood and business
    interruption insurance
    --  Data Back-up Planning
    --  Cloud Computing Solutions for future disasters and cost-savings."
    

    The Federal Government has declared several states, as well as counties within those states, as Disaster Areas. These include areas within Connecticut, Delaware, District of Columbia, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Virginia and West Virginia.

    As a small business owner or individual, Newtek understands small businesses have many questions regarding assistance for yourself and your business. You may find answers to these questions by going to FEMA, U.S. Department of Homeland Security website: http://www.fema.gov/disasters. Assistance can include grants for temporary housing and home repairs and other programs to help individuals and business owners recover from this disaster. This valuable site, for example, has information on grants for home repairs and help to meet medical and other serious disaster-related needs not covered by insurance.

    The U.S. Small Business Administration ("SBA") Disaster Loans are available for businesses in the affected counties and States which include loans up to $2MM for certain property losses and/or economic damage.

    Beginning today, as a business owner, your first step should be to register the affected business by calling 1-800-621-FEMA(3362) or by internet at http://www.disasterassistance.gov.

    Additional information is available www.fema.gov and at http://www.sba.gov/content/applying-disaster-loan.

    Remember that you can call Newtek at any time, 24/7/365 at 1-855-2-THESBA or visiting online at www.thesba.com.

    About Newtek Business Services, Inc.

    Newtek Business Services, The Small Business Authority, provides the following products and services:

    --  Electronic Payment Processing: eCommerce, electronic solutions to accept
    non-cash payments, including credit and debit cards, check conversion,
    remote deposit capture, ACH processing, and electronic gift and loyalty
    card programs.
    --  Managed Technology Solutions (Cloud Computing): Full-service web host,
    which offers eCommerce solutions, shared and dedicated web hosting and
    related services including domain registration and online shopping cart
    tools.
    --  eCommerce:  A suite of services that enable small businesses to get up
    and running on-line quickly and cost effectively, with integrated web
    design, payment processing and shopping cart services.
    --  Business Lending: Broad array of lending products including SBA 7(a) and
    SBA 504 loans through our lending subsidiary, Newtek Small Business
    Finance, Inc.
    --  Insurance Services: Commercial and personal lines of insurance,
    including health and employee benefits in all 50 states, working with
    over 40 insurance carriers.
    --  Web Services: Customized web design and development services.
    --  Data Backup, Storage and Retrieval: Fast, secure, off-site data backup,
    storage and retrieval designed to meet the specific regulatory and
    compliance needs of any business.
    --  Accounts Receivable Financing: Receivable purchasing and financing
    services.
    --  Payroll: Complete payroll management and processing services.
    

    Newtek Business Services, Inc., The Small Business Authority, is a direct distributor of a wide range of business services and financial products to the small- and medium-sized business market under the Newtek(TM) brand. Since 1999, Newtek has helped small- and medium-sized business owners realize their potential by providing them with the essential tools needed to manage and grow their businesses and to compete effectively in today's marketplace. Newtek provides its services to over 100,000 business accounts and has positioned the Newtek(TM) brand as a one-stop-shop provider of such business services. According to the U.S. Small Business Administration, there are over 27.5 million small businesses in the United States, which in total represent 99.7% of all employer firms.

    Note Regarding Forward Looking Statements

    Statements in this press release including statements regarding Newtek's beliefs, expectations, intentions or strategies for the future, may be "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the plans, intentions and expectations reflected in or suggested by the forward-looking statements. Such risks and uncertainties include, among others, intensified competition, operating problems and their impact on revenues and profit margins, anticipated future business strategies and financial performance, anticipated future number of customers, business prospects, legislative developments and similar matters. Risk factors, cautionary statements and other conditions, which could cause Newtek's actual results to differ from management's current expectations, are contained in Newtek's filings with the Securities and Exchange Commission and available through http://www.sec.gov.

    Investor Relations
    Contact: Jayne Cavuoto
    Telephone: (212) 273-8179 / jcavuoto@thesba.com
    Contact: Brett Maas
    Telephone: (646) 536-7331 / brett@haydenir.com
    Rubenstein Public Relations
    Contact: Jonathan Goldberg
    Telephone: (212) 843-9335 / jgoldberg@rubensteinpr.com
    http://www.thesba.com

    Newtek Business Services, Inc.

    Web site: http://thesba.com/




    AT&T Completes Stolen Phone Database To Help Curb Mobile Phone Theft

    DALLAS, Nov. 1, 2012 /PRNewswire/ -- AT&T* has announced the completion of the second phase of its stolen phone database, which enables customers to report and block stolen wireless devices. AT&T is now able to share data on stolen phones with other GSM carriers, allowing a reported stolen phone to be disabled on AT&T's network.

    Customers may report a stolen phone and suspend their service online at www.att.com/stolenphone, at an AT&T store, or by contacting AT&T Customer Care at 1-800-331-0500. Within 24 hours, AT&T will block the use of a device reported as stolen.

    "Earlier this year, AT&T joined Senator Schumer, FCC Chairman Julius Genachowski, New York Police Commissioner Ray Kelly, Washington, D.C. Police Chief Cathy Lanier, NYPD Deputy Chief Phil Pulaski and other wireless carriers at an event to discuss the growing problem of wireless device theft," said Bob Quinn, senior vice president of Federal Regulatory and Chief Privacy Officer. "As part of our many efforts to address this important issue, we launched a new website in May to help educate our customers on protecting their wireless device, and in July we began the initial phase of our stolen phone database. Our customers' safety is a top priority for AT&T and we look forward to continuing our work in this area."

    *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 and one of the most honored companies in the world. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and internationally. With a powerful array of network resources that includes the nation's largest 4G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile Internet, 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.

    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) 2012 AT&T Intellectual Property. All rights reserved. 4G not available everywhere. 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: Warner May, +1-404-986-1807, wmay@connected.att-mail.com

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




    Priceline.com 3rd Quarter 2012 Earnings Press Release To Be Available On Company's Investor Relations Website After Market-Close Today

    NORWALK, Conn., Nov. 1, 2012 /PRNewswire/ -- Third quarter 2012 financial results for priceline.com(R) will be available after market-close today through a press release posted on the company's Investor Relations website http://ir.priceline.com. The release will not be distributed over newswires.

    Priceline.com also intends to hold a conference call today at 4:30 p.m. ET to discuss its 3(rd) quarter 2012 financial results. The event will be webcast live at http://ir.priceline.com and the audio will be available for replay on the website for seven days thereafter.

    About The Priceline Group
    The Priceline Group is a leader in global online hotel reservations, with over 260,000 participating hotels worldwide. The Group is composed of four primary brands - Booking.com, priceline.com, Agoda.com and Rentalcars.com - and several ancillary brands. The Priceline Group provides online travel services in over 180 countries in Europe, North America, South America, the Asia-Pacific region, the Middle East and Africa.

    Booking.com is the number one online hotel reservation service in the world, offering over 235,000 hotels (as of August 7, 2012), and is available in 41 languages. More recent hotel counts are available on the Booking.com website. Priceline.com gives leisure travelers multiple ways to save on their airline tickets, hotel rooms, rental cars, vacation packages and cruises. In addition to getting compelling published prices, travelers can take advantage of priceline.com's famous Name Your Own Price(R) service, which can deliver the lowest prices available, or the recently added Express Deals(SM), where travelers can take advantage of hotel discounts without bidding. Agoda.com is an Asia-based online hotel reservation service that is available in 37 languages. Rentalcars.com is a multinational car hire service, offering its reservation services in over 6,000 locations. Customer support is provided in 38 languages.

    Priceline.com

    CONTACT: Press Information, Brian Ek, +1-203-299-8167,
    brian.ek@priceline.com, or Investor Relations, Matthew Tynan,
    +1-203-299-8487, matt.tynan@priceline.com

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




    Cimatron Invites Japanese Toolmakers to Gain a Competitive Edge

    GIVAT SHMUEL, Israel, November 1, 2012 /PRNewswire/ --

    Cimatron Limited [http://www.cimatron.com ] today announced that its integrated CAD/CAM software, CimatronE, will be demonstrated at the Jimtof trade show, Tokyo, Japan, November 1-6, 2012.

    "We have been serving the Japanese market for many years and we appreciate Japanese toolmakers' demands for superior quality and perfection in the molds and dies that they produce," said Mr Kobi Rosenwasser, Cimatron's VP Asia Pacific.

    "Dozens of Japanese toolmakers who use CimatronE every day have managed to dramatically reduce design and production time and achieve superior results relative to what they accomplished with other software.

    "This is not surprising, as Cimatron makes huge investments in developing cutting-edge capabilities and functionalities that are specifically tailored to improving mold and die shop productivity."

    The CimatronE display at Jimtof is hosted by resellers Saeilo and Camtus. Both demonstrate the complete solution offered by CimatronE for mold and die shops and discrete part manufacturers, covering all aspects of the production process, from quoting, data import and design, through NC programming and manufacturing.

    CimatronE's capabilities include:

    Quoting - generate quick and accurate quotes by automatically retrieving information from the preliminary design and merging it with cost information.

    Mold Design - undertake the entire design process with dedicated functionality that includes: parting and cavity design; BOM creation; mold base plates; core, cavity and sliders; catalog parts; lifters and inserts; injection and cooling systems; runner simulation; and motion analysis and collision detection.

    Electrodes - ensure an error-free burning process and create complete 2.5-5-axis electrode machining at the click of a button.

    Die Design - optimize the die design process with dedicated tools for blank design and forming, die strip layout, tool design, motion analysis, and collision detection.

    NC programming and manufacturing - enjoy quick and effective programming with capabilities such as: built-in CAD; efficient roughing and high quality finishing; plate machining and drilling; simulation; post-processor support; and NC setup and tool table reports.

    About Cimatron

    With 30 years of experience and more than 40,000 installations worldwide, Cimatron is a leading provider of integrated, CAD/CAM solutions for mold, tool and die makers as well as manufacturers of discrete parts. Cimatron is committed to providing comprehensive, cost-effective solutions that streamline manufacturing cycles and ultimately shorten product delivery time.

    The Cimatron product line includes the CimatronE and GibbsCAM brands with solutions for mold design, die design, electrode design, 2.5 to 5 Axis milling, wire EDM, turn, Mill-turn, rotary milling, multi-task machining, and tombstone machining. Cimatron's subsidiaries and extensive distribution network serve and support customers in the automotive, aerospace, medical, consumer plastics, electronics, and other industries in over 40 countries worldwide.

    Cimatron's shares are publicly traded on the NASDAQ exchange under the symbol CIMT. For more information, please visit Cimatron's web site at: http://www.cimatron.com

    This press release includes forward looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to risk and uncertainties that could cause actual results to differ materially from those anticipated. Such statements may relate to Cimatron's plans, objectives and expected financial and operating results. The words "may," "could," "would," "will," "believe," "anticipate," "estimate," "expect," "intend," "plan," and similar expressions or variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Cimatron's ability to control. The risks and uncertainties that may affect forward looking statements include, but are not limited to: currency fluctuations, global economic and political conditions, marketing demand for Cimatron products and services, long sales cycles, new product development, assimilating future acquisitions, maintaining relationships with customers and partners, and increased competition. For more details about the risks and uncertainties related to Cimatron's business, refer to Cimatron's filings with the Securities and Exchange Commission. Cimatron cannot assess the impact of or the extent to which any single factor or risk, or combination of them, may cause. Cimatron undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

    For More Information Contact:

    Idit Pass Lagziel Marketing Manager Cimatron Ltd. Phone: +972-73-237-0298 Email: iditp@cimatron.com

    Ilan Erez Chief Financial Officer Cimatron Ltd. Phone: +972-73-237-2114 Email: ilane@cimatron.com

    Cimatron Ltd



    Emulex Joins Orange County Technology AllianceOrganization to Provide Resources and Networking Opportunities to Orange County Technology Companies

    COSTA MESA, Calif., Nov. 1, 2012 /PRNewswire/ -- Emulex Corporation today announced its support of the new Orange County (OC) Technology Alliance, a nonprofit trade association dedicated to fostering a business ecosystem in Orange County.

    (Logo: http://photos.prnewswire.com/prnh/20120403/NE81278LOGO )

    The OC Tech Alliance is based on the foundation of the 40-year-old history of the Orange County Council of TechAmerica and American Electronics Association (AeA). The alliance strives to provide resources, networking opportunities and advocacy for local technology firms, including educational seminars and career development education.

    "Emulex has demonstrated a strong commitment to local science and arts education in order to encourage technology innovation in Orange County and we are proud to count them as one of our founding members," said Bob Brunson, executive director, OC Tech Alliance.

    Jim McCluney, CEO of Emulex, is personally involved with Project Tomorrow, a business and education non-profit collaborative dedicated to enhancing K-12 science education in Orange County schools. He is also the chairman of the University of California, Irvine's CEO Roundtable, and is on the board of OCTANe, a networking organization for Orange County's information technology and biomedical industries.

    "Orange County has long been a hotbed for pioneering technology innovation, and it is our responsibility to continue that tradition," said Mr. McCluney. "We have always felt compelled to give back to a community that has been so supportive of our company, and as a founding member of the OC Tech Alliance we look forward to working alongside the current and future local technology leaders to help preserve and promote an atmosphere of mutual success and continued exploration."

    Follow Emulex on Twitter

    Read CEO Jim McCluney's blog: Celebrating The Art of Convergence and Community Involvement: http://www.emulex.com/blogs/jim/?p=572

    About Emulex

    Emulex, the leader in converged networking solutions, provides enterprise-class connectivity for servers, networks and storage devices within the data center. The company's product portfolio of Fibre Channel Host Bus Adapters, 10Gb Ethernet Network Interface Cards, Ethernet-based Converged Network Adapters, controllers, embedded bridges and switches, and connectivity management software are proven, tested and trusted by the world's largest and most demanding IT environments. Emulex solutions are used and offered by the industry's leading server and storage OEMs including, Cisco, Dell, EMC, Fujitsu, Hitachi, Hitachi Data Systems, HP, Huawei, IBM, NEC, NetApp and Oracle. Emulex is headquartered in Costa Mesa, Calif. and has offices and research facilities in North America, Asia and Europe. More information about Emulex is available at www.Emulex.com.

    About OC Tech Alliance

    OC Technology Alliance is a 501(c)6 nonprofit trade association committed to fast-forwarding the local innovation economy. It is the only technology association dedicated to the needs of small-to-midsize technology companies and their leaders based in Orange County, Calif. The alliance serves members through local networking, professional development, state and federal advocacy, savings on business services and industry recognition. To learn more about membership, contact OC Technology Alliance at 949-306-5700 or www.octechalliance.com. Follow the activities of OC Tech Alliance on Twitter at www.twitter.com/octechalliance.

    Emulex Safe Harbor Statement

    "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the statements set forth above include forward-looking statements that involve risk and uncertainties. Emulex wishes to caution readers that a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Those factors include among others, intellectual property claims, with or without merit, that could result in costly litigation, cause product shipment delays, require Emulex to indemnify customers, or require Emulex to enter into royalty or licensing agreements, which may or may not be available. Furthermore, Emulex has in the past obtained, and may be required in the future to obtain, licenses of technology owned by other parties. Emulex cannot be certain that the necessary licenses will be available or that they can be obtained on commercially reasonable terms. If Emulex were to fail to obtain such royalty or licensing agreements in a timely manner and on reasonable terms, Emulex's business, results of operations and financial condition could be materially adversely affected. Ongoing lawsuits, such as the action brought by Broadcom Corporation ("Broadcom"), present inherent risks, any of which could have a material adverse effect on Emulex's business, financial condition, or results of operations. Such potential risks include continuing expenses of litigation, risk of loss of patent rights and/or monetary damages, risk of injunction against the sale of products incorporating the technology in question, counterclaims, attorneys' fees, incremental costs associated with product or component redesigns, and diversion of management's attention from other business matters. With respect to the Broadcom litigation, such potential risks also include the availability of an adequate sunset period of time to make design changes, the ability to implement any design changes, the availability of customer resources to complete any re-qualification or re-testing that may be needed, the ability to maintain favorable working relationships with Emulex suppliers of serializer/deserializer (SerDes) modules and the ability to obtain a settlement that does not put Emulex at a competitive disadvantage. In addition, the fact that the economy generally, and the technology and storage segments specifically, have been in a state of uncertainty makes it difficult to determine if past experience is a good guide to the future and makes it impossible to determine if markets will grow or shrink in the short term. The current economic downturn and the resulting disruptions in world credit and equity markets that are creating economic uncertainty for Emulex's customers and the storage networking market as a whole has, and could, continue to adversely affect Emulex's revenues and results of operations. Furthermore, the effect of any actual or potential unsolicited offers to acquire Emulex may have an adverse effect on Emulex's operations. As a result of these uncertainties, Emulex is unable to predict its future results with any accuracy. Other factors affecting these forward-looking statements include, but are not limited to, the following: faster than anticipated decline in the storage networking market; slower than expected growth of the storage networking market or the failure of Emulex's Original Equipment Manufacturer (OEM) customers to successfully incorporate Emulex products into their systems; Emulex's dependence on a limited number of customers and the effects of the loss of, decrease in or delays of orders by any such customers, or the failure of such customers to make timely payments; the emergence of new or stronger competitors as a result of consolidation movements in the market; the timing and market acceptance of Emulex products or Emulex OEM customers' new or enhanced products; costs associated with entry into new areas of the storage technology market; the variability in the level of Emulex's backlog and the variable and seasonal procurement patterns of Emulex's customers; any inadequacy of Emulex's intellectual property protection and the costs of actual or potential third-party claims of infringement and any related indemnity obligations or adverse judgments; impairment charges, including but not limited to goodwill and intangible assets; changes in tax rates or legislation; the effects of acquisitions; the effects of terrorist activities; natural disasters, such as the earthquake and resulting tsunami off the coast of Japan in March 2011 and the significant flooding in various parts of Thailand in October 2011, and any resulting disruption in Emulex's supply chain or customer purchasing patterns or any other resulting economic or political instability; the highly competitive nature of the markets for Emulex products as well as pricing pressures that may result from such competitive conditions; the effects of changes in Emulex's business model to separately charge for software; the effect of rapid migration of customers towards newer, lower cost product platforms; possible transitions from board or box level to application specific integrated circuit (ASIC) solutions for selected applications; a shift in unit product mix from higher-end to lower-end or mezzanine card products; a faster than anticipated decrease in the average unit selling prices or an increase in the manufactured cost of Emulex products; delays in product development; Emulex's reliance on third-party suppliers and subcontractors for components and assembly; Emulex's ability to attract and retain key technical personnel; Emulex's ability to benefit from research and development activities; Emulex's dependence on international sales and internationally produced products; changes in accounting standards; and the potential effects of global warming and any resulting regulatory changes on Emulex's business. These and other factors that could cause actual results to differ materially from those in the forward-looking statements are also discussed in Emulex's filings with the Securities and Exchange Commission, including its recent filings on Forms 8-K, 10-K and 10-Q. Statements in this release are based on current expectations and, except as required by law, Emulex undertakes no obligation to revise or update any forward-looking statements for any reason. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.

    Emulex Press Contacts:
    Katherine Lane
    Director, Corporate Communications
    +1 714-885-3828
    katherine.lane@emulex.com

    Jolene Bonina
    Public Relations Manager
    +1 714-885-3858
    jolene.bonina@emulex.com

    OC Technology Alliance Contact:
    Cara Stewart
    Remarx Media
    +1 949-290-5563
    cara@remarxmedia.com

    Photo: http://photos.prnewswire.com/prnh/20120403/NE81278LOGO
    PRN Photo Desk, photodesk@prnewswire.com Emulex Corporation

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




    The Sterling Group Completes the Sale of Velcon Filters, LLC to Parker Hannifin Corporation

    HOUSTON, Nov. 1, 2012 /PRNewswire/ -- The Sterling Group, a middle market private equity firm based in Houston, Texas, today announced that they have finalized the sale of their portfolio company, Velcon Filters, LLC to Parker Hannifin Corporation . Terms of the transaction were not disclosed.

    (Logo: http://photos.prnewswire.com/prnh/20110802/DA46065LOGO)

    Headquartered in Colorado Springs, Colorado, Velcon is a niche manufacturer of filtration systems, including vessels and replacement cartridges, which meet specific requirements for fluid filtration processes in a variety of domestic and international end-markets.

    When Sterling acquired Velcon in 2009 from the founding family, the business was the market leader in the aviation filtration market with a stable base of recurring revenue. Sterling and Velcon together have made three strategic acquisitions over the past three years, expanding Velcon's end markets beyond aviation into both upstream and downstream oil and gas filtration, as well as other process applications, and diversifying Velcon's geographical footprint into Europe, the Middle East, Asia and Africa. "Sterling partnered with the Taylor family to capitalize on Velcon's market leading position in jet fuel filtration, and together we have built a global and diversified industrial fluid filtration company," said Greg Elliott, Partner at The Sterling Group. Under Sterling's ownership, Velcon has more than doubled in size.

    The combination with Parker's filtration business is expected to further solidify Velcon's position as the highest standard in the filtration industry. "This acquisition brings us a leadership position in aviation and industrial fuel filtration, particularly for aviation fuel which requires specialist expertise and certifications," said Peter Popoff, President of the Filtration Group at Parker. "We are excited about the opportunities to combine our strengths and extend our solutions to more customers, markets and geographies."

    During its 30 year history, The Sterling Group has partnered with 13 different family businesses, bringing its operating expertise and a commitment to partnering with management to improve North American based industrial businesses. The Sterling Group was advised by Robert W. Baird & Co. and Willkie Farr & Gallagher.

    About The Sterling Group

    Founded in 1982, The Sterling Group is a private equity investment firm that targets controlling interests in basic manufacturing, distribution and industrial services companies. Typical enterprise values of these companies range from $100 million to $500 million. Sterling has sponsored the buyout of 42 platform companies and numerous add-on acquisitions for a total transaction value of approximately $9.9 billion. Currently, Sterling has $1.1 billion of committed capital under management through three funds. Current portfolio companies include CST Industries, Universal Fiber Systems, Express, B&G Crane, Saxco International, Stackpole International, Liqui-Box and Dexter Axle.

    About Parker Hannifin Corporation

    With annual sales exceeding $13 billion in fiscal year 2012, Parker Hannifin is the world's leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company employs approximately 60,000 people in 48 countries around the world. Parker has increased its annual dividends paid to shareholders for 56 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index. For more information, visit the company's web site at www.parker.com or its investor information web site at www.phstock.com.

    Photo: http://photos.prnewswire.com/prnh/20110802/DA46065LOGO
    PRN Photo Desk, photodesk@prnewswire.com The Sterling Group

    CONTACT: Franny Jones, +1-713-341-5756, fjones@sterling-group.com




    TripIt Makes Holiday Travels a Breeze with the Season's Hot New DevicesTravelers Craving the Latest Gadgets Can Easily Organize and Share Travel Plans

    SAN FRANCISCO, Nov. 1, 2012 /PRNewswire/ -- TripIt, the leading mobile trip organizer from Concur , announced today that it's primed and ready for the holiday season's hottest devices, including the iPhone 5, iPad mini, Google Nexus and Kindle Fire HD.

    (Logo: http://photos.prnewswire.com/prnh/20120906/SF69769LOGO)

    For the gadget connoisseur on-the-go, TripIt instantly organizes travel plans into one helpful itinerary with maps, directions and more, all in one place. Plus, travel plans can easily be shared with loved ones, making airport pick-ups during the hectic holiday season go much more smoothly.

    To get started, simply forward travel confirmations to plans@tripit.com, or download TripIt's free app in the App Store, Android Marketplace, Amazon Appstore, Windows Phone Marketplace or BlackBerry App World.

    Tablet usage increasing among travelers
    "We've seen a significant increase in the number of travelers using tablets to access all their travel plans," says Nancy Ramamurthi, Vice President of Marketing and Product Management for TripIt. "In fact, more than half of our most frequent travelers carry an iPad. Android tablet usage has also doubled among TripIt users."

    Gift idea for frequent fliers
    TripIt Pro ($49/year) provides a helping hand on the road, sending alerts when there's a flight delay, cancellation or gate change. Perks include airfare monitoring, reward point tracking and more. To get started, visit http://tripit.com/gift.

    About TripIt
    TripIt(R), the leading mobile travel organizer from Concur(R) , makes it easy for millions of travelers to organize and share their trips. Simply forward confirmation emails from anywhere you book to plans@tripit.com and TripIt automagically creates one simple, smart itinerary to access on a smartphone, calendar, or anywhere online. For even greater peace of mind while traveling, TripIt Pro acts like a personal travel assistant that keeps travelers in the know regarding flight status, alternate flights, and more; tracks all frequent traveler points in one place; and monitors eligible flights for fare refunds. TripIt for Business is an easier way for companies to organize office travel; keep track of who's traveling when and where, and whether travel dollars are being spent wisely. For more information, please visit www.tripit.com and follow @TripIt at http://twitter.com/tripit.

    About Concur
    Concur(R) is a leading provider of integrated travel and expense management solutions for companies of all sizes. Concur's easy-to-use web-based and mobile solutions help companies and their employees control costs and save time. Learn more at www.concur.com.

    Photo: http://photos.prnewswire.com/prnh/20120906/SF69769LOGO
    PRN Photo Desk, photodesk@prnewswire.com TripIt

    CONTACT: Amy Jackson?, Director of Public Relations, TripIt ?and Concur
    Traveler Services, +1-415-401-1152, press@tripit.com

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




    GlobalSpec Aerospace Technology Online Trade Show and Event Draws More Than 1,200 Attendees87 percent of the engineering, technical and industrial professionals at GlobalSpec virtual event are decision makers

    EAST GREENBUSH, N.Y., Nov. 1, 2012 /PRNewswire/ -- The October 24 "Aerospace Technology" online trade show and event hosted by GlobalSpec, recently acquired by IHS Inc. , drew more than 1,200 participants, with 87 percent of attendees reporting they are decision makers within their organizations. The free virtual conference is now available on demand to give engineers and industrial professionals easy access to educational presentations and industry-leading supplier resources from the live-day event.

    (Logo: http://photos.prnewswire.com/prnh/20121004/NY86080LOGO )

    GlobalSpec's "Aerospace Technology" event provided opportunities to learn about the latest trends in aircraft design, assembly, and test; and explore new technologies impacting today's military, commercial, and scientific aircraft - from new avionics and flight control strategies to material systems incorporating lightweight composites and high-strength alloys. Attendees were able to interact with exhibitors, network with their peers, and participate in key educational sessions to help them keep pace in today's rapidly-changing marketplace.

    Industrial professionals were able to take advantage of these learning and networking opportunities from the convenience of their desktops, without having to budget for travel expenses or lose time away from the office.

    "Industrial professionals who attended our Aerospace Technology online event heard from experts on what's driving change in the industry and interacted with leading suppliers and manufacturers," said Donna Lewis, vice president of e-publishing and e-events for GlobalSpec. "It's also a powerful forum for exhibitors to share their expertise and showcase their products and innovative technologies to a captive and engaged audience."

    Speakers and topics at the event included:

    --  New Standards Address Counterfeit Parts, Vehicle Health - New technical
    standards from SAE International are helping vehicle manufacturers and
    operators realize great success in two critical areas. One area of
    concern is the current proliferation of counterfeit parts in the supply
    chain. The other involves vehicle health management; specifically, the
    development of integrated systems for monitoring all aspects of vehicle
    health, including structural, propulsion, and electronics.Presented by
    Bruce Mahone, director, Washington Operations, SAE International and
    David Alexander, manager, SAE Aerospace Standards Europe, SAE
    International
    --  Benefits of Multidisciplinary Model-Based Design - Integrated
    multidisciplinary systems outperform legacy systems, but they are more
    complex, requiring close cooperation among multiple design disciplines.
    This presentation addressed the importance of modeling - physical and
    mathematical - in the multidisciplinary engineering system design
    process.Presented by Kevin Craig, Robert C. Greenheck Chair in
    Engineering Design and professor of mechanical engineering, College of
    Engineering, Marquette University
    --  A New Class of Antenna for Airline Passengers - A new class of antenna
    technology promises to bring high-speed Internet connectivity to
    previously underserved land, sea, and airborne locations via satellite.
    This new antenna technology, combined with the proliferation of
    "high-throughput" satellites around the globe, will dramatically improve
    the user connectivity experience on airlines.Presented by Nathan Kundtz,
    CTO, Kymeta Corporation
    --  How Aerospace Leaders Manage and Use Materials Information - The
    longevity and reliability of electrical inverters in solar electric
    systems is highly dependent on the level of protection from harsh
    environmental factors. This presentation discussed four key factors that
    must be considered in the design of enclosures for electrical
    inverters.Presented by Dr. Michael Gorelik, engineering fellow,
    Honeywell Aerospace; Dr. Steven M. Arnold, chief, Mechanics and Life
    Prediction Branch, NASA; E. Joe Sharp, manager, Computational Methods
    Group, Boeing Research & Technology; and Dr. Will Marsden, product
    director, Granta Design
    

    SAE International was the event's Supporting Organization.

    Companies exhibiting at this event included: Umbra Group; ITT Interconnect Solutions; SAE International; Sentinel; Thermax; Dicronite; Flow Technology, Inc.; IHS Inc.; Kubotek USA, Inc.; Leica Microsystems, Inc.; Newark / element14; SOURIAU PA&E; and Superior Tool Service, Inc.

    For more information on exhibiting opportunities for the Aerospace Technology event in 2013, download an exhibitor kit or call 800.261.2052.

    About GlobalSpec
    GlobalSpec, recently acquired by IHS Inc. , is the leading provider of digital media solutions designed to connect industrial marketers with their target audience of engineering, technical, industrial, scientific and manufacturing sector professionals. GlobalSpec provides its registered users with a domain-expert search engine to search more than 50,000 supplier catalogs by specification, a broad range of proprietary and aggregated Web-based content, over 15 annual online events, and more than 70 e-newsletters - helping them search for and locate products and services, learn about suppliers and access comprehensive technical content. For suppliers, GlobalSpec helps generate awareness, demand and engagement opportunities among the professionals they are looking to reach - from inbox to desktop, through networks and via real-time engagement.

    About IHS (www.ihs.com)
    IHS is the leading source of information, insight and analytics in critical areas that shape today's business landscape. Businesses and governments in more than 165 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to long-term, sustainable growth and employs more than 6,000 people in more than 30 countries around the world.

    IHS is a registered trademark of IHS Inc. All other company and product names may be trademarks of their respective owners. (C) 2012 IHS Inc. All rights reserved.

    Contact: Amber Devin
    Director - Marketing Communications
    GlobalSpec
    Tel: 518.880.0200 ext. 5338
    amber.devin@ihs.com

    Photo: http://photos.prnewswire.com/prnh/20121004/NY86080LOGO GlobalSpec

    Web site: http://www.globalspec.com/events/eventdetails?eventId=132/




    ARRIS Announces New Share Repurchase Program Authorization

    SUWANEE, Ga., Nov. 1, 2012 /PRNewswire/ -- ARRIS Group, Inc. , a global technology leader in the development of advanced cable telephony, next generation high-speed data, demand driven video solutions, operations software and broadband access equipment, today announced that its Board of Directors has authorized an additional $150 million in share repurchases of the Company's common stock. The Company currently has $19.6 million available under its prior authorization for share repurchase. Since 2008, the Company has repurchased 34.2 million shares at an aggregate cost of $306.3 million.

    "As a result of our fundamental belief in the long-term success of the Company, as well as our continued commitment to enhance shareholder value, we concluded that authorizing a new program is in the best interest of our shareholders," said Bob Stanzione, ARRIS Chairman and CEO.

    Statements made in this press release regarding the Company's share repurchase program and future outlook are forward-looking statements. These statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in these statements. Among other things, sufficient shares may not be available at appropriate prices, alternative uses may develop for the Company's funds, and market and other conditions may change. These factors are not intended to be an all- encompassing list of applicable risks and uncertainties. Additional information regarding these and other factors can be found in ARRIS reports filed with the Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2011 and its Form 10-Q for the quarter ended June 30, 2012. In providing forward-looking statements, the Company expressly disclaims any obligation to update publicly or otherwise these statements, whether as a result of new information, future events or otherwise.

    About ARRIS
    ARRIS is a global communications technology company specializing in the design, engineering and supply of communications and IP technologies that support broadband services for residential and business customers around the world. The company supplies broadband operators with the tools and platforms they need to deliver and monitor advanced video, data and voice subscriber services, including whole home video across multiple screens, ultra high-speed data, personalized advertising and carrier-grade telephony. Headquartered near Atlanta, in Suwanee, Georgia, USA, ARRIS has R&D centers in Beaverton, OR; Chicago, IL; Cork, Ireland; Kirkland, WA; Redwood City, CA; Shenzhen, China; State College, PA; Tel Aviv, Israel; Wallingford, CT and Westborough, MA, and operates support and sales offices throughout the world. Information about ARRIS products and services can be found at www.arrisi.com.

    ARRIS Group, Inc.

    CONTACT: Bob Puccini, ARRIS Investor Relations, +1-720-895-7787,
    bob.puccini@arrisi.com

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




    Rentrak Announces Top DVD & Blu-ray Sales And Rentals For Week Ending October 21, 2012

    LOS ANGELES, Nov. 1, 2012 /PRNewswire/ -- RENTRAK CORPORATION today announced the Top-10 DVD & Blu-ray sales and rentals according to the company's Retail Essentials and Home Video Essentials tracking services which are based on estimated consumer spending per data collected for the week ending October 21, 2012.

    RENTRAK TOP-10 DVD & BLU-RAY SALES

    RANK TITLE STUDIO WEEKS IN RELEASE ---- ----- ------ ---------------- 1 Disney Fairies: Secret of the Wings Disney 1 --- ----------------------------------- ----------------- --- 2 Magic Mike Warner Bros. 1 --- ---------- ----------------------- --- 3 Madagascar 3: Europe's Most Wanted Paramount 2 --- ---------------------------------- ------------------------------ --- 4 Abraham Lincoln: Vampire Hunter Lionsgate 1 --- ------------------------------- -------------------- --- 5 Tyler Perry's Madea's Witness Protection FOX 1 --- ---------------------------------------- ---------------- --- 6 The Avengers (2012) Disney 5 --- ------------------ ----------------- --- 7 Prometheus FOX 3 --- ---------- ---------------- --- 8 Tyler Perry's I Don't Want to Do Wrong Lionsgate 1 --- -------------------------------------- -------------------- --- 9 Dark Shadows Warner Bros. 4 --- ------------ ----------------------- --- 10 That's My Boy Sony 2 --- ------------- --------------- ---

    Week ended October 27, 2012

    RENTRAK TOP-10 DVD & BLU-RAY RENTALS

    RANK TITLE STUDIO WEEKS IN RELEASE ---- ----- ------ ---------------- 1 Snow White And The Huntsman* Universal 6 --- --------------------------- ------------------- --- 2 Marvel's The Avengers* Disney 4 --- --------------------- ----------------- --- 3 Madagascar 3: Europe's Most Wanted DreamWorks 1 --- ---------------------------------- ------------------------ --- 4 That's My Boy (2012) Sony 1 --- ------------------- --------------- --- 5 Dark Shadows (2012)* Warner Bros. 3 --- ------------------- ----------------------- --- 6 Battleship (2012)* Universal 8 --- ----------------- ------------------- --- 7 Five-Year Engagement* Universal (NYSE: GE 7 --- -------------------- ------------------- --- 8 Prometheus (2012)* FOX 2 --- ----------------- ---------------- --- 9 The Cabin In The Woods Lionsgate 5 --- ---------------------- -------------------- --- 10 The Best Exotic Marigold Hotel* FOX 5 --- ------------------------------ ---------------- ---

    *Titles have delayed availability in certain rental outlets

    (C)Rentrak Corporation and its Home Entertainment data collection and analytical service, and are covered by provisions of the Copyright Act. The material presented herein is intended to be available for public use. You may reproduce the content of the home entertainment updates in any format or medium without first obtaining permission, subject to the following requirements: (1) the material must be reproduced accurately; and (2) any publication or issuance of any part of the material to others must acknowledge Rentrak Corporation as the source of the material.

    About Retail Essentials(R)

    Retail Essentials measures weekly consumer sales activity on standard DVD and Blu-ray Disc titles in the U.S. brick-and-mortar channel. No other service provides faster access to in-depth market data and weekly estimations of gross consumer spending. Rentrak delivers sell-through data broken down by DVD title, format, category, genre, TV market and more, within 72 hours after the close of each business week. Clients can access current, weekly, and historical title sales data to competitively benchmark industry performance.

    About Home Video Essentials(R)

    Home Video Essentials is Rentrak's exclusive rental point-of-sale (POS) tracking system, which calculates title-level performance via rental transactions on over 65,000 DVD and video game properties in the brick?and?mortar, by-mail/online subscription and kiosk channels across North America. Rentrak is the world's largest processor of rental data, measuring in excess of one billion transactions each year from more than 5,000 storefronts, over 40,000 kiosks and over 24 million by-mail/online disc rental subscribers within 72 hours after the close of each business week. Clients are able to identify consumer trends, quantify performance, and benchmark findings against the broader business sector.

    About Rentrak Corporation

    Rentrak is a global digital media measurement and research company, serving the most recognizable companies in the entertainment industry. With a reach across numerous platforms including box office, multi-screen television, and home video, Rentrak has developed more efficient metrics to be used as database currencies for the evaluation and selling of media. Rentrak is headquartered in Portland, Oregon, with additional U.S. and international offices. For more information on Rentrak, please visit www.rentrak.com.

    RENTE

    Contacts: Rogers & Cowan for Rentrak Corporation Sallie Olmsted Amanda Bialek (310) 854-8124 (310) 854-8151 solmsted@rogersandcowan.com abialek@rogersandcowan.com

    (Logo: http://photos.prnewswire.com/prnh/20111007/MM82941LOGO)

    Photo: http://photos.prnewswire.com/prnh/20111007/MM82941LOGO
    PRN Photo Desk, photodesk@prnewswire.com Rentrak Corporation

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




    FARO to present at Baird's 2012 Industrial Conference

    LAKE MARY, Fla., Nov. 1, 2012 /PRNewswire/ -- FARO Technologies, Inc., the most trusted source in 3D measurement and imaging solutions, announced that President and CEO Jay Freeland and Senior Vice President and CFO Keith Bair will present at Baird's 2012 Industrial Conference on Wednesday, November 7, 2012 at 10:10am CST at the Fours Season Hotel in Chicago, Illinois.

    (Logo: http://photos.prnewswire.com/prnh/20110415/MM84316LOGO )

    The audio will be simultaneously web cast at www.faro.com/baird-conference

    FARO recommends registering at least 15 minutes prior to the start of the presentation to ensure timely access.

    For more information on the FARO's global industries, applications and products, visit www.faro.com.

    About FARO

    FARO is the world's most trusted source for 3D measurement technology. The Company develops and markets computer-aided measurement and imaging devices and software. Technology from FARO permits high-precision 3D measurement, imaging and comparison of parts and compound structures within production and quality assurance processes. The devices are used for inspecting components and assemblies, production planning, documenting large volume spaces or structures in 3D, surveying and construction, as well as for investigation and reconstruction of accident sites or crime scenes.

    Worldwide, approximately 15,000 customers are operating more than 30,000 installations of FARO's systems. The Company's global headquarters is located in Lake Mary, Fla., its European head office in Stuttgart, Germany and its Asia/Pacific head office in Singapore. FARO has branches in Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Poland, Netherlands, India, China, Singapore, Malaysia, Vietnam, Thailand and Japan.

    Further information: http://www.faro.com.

    Photo: http://photos.prnewswire.com/prnh/20110415/MM84316LOGO
    PRN Photo Desk, photodesk@prnewswire.com FARO Technologies, Inc.

    CONTACT: Keith Bair, Senior Vice President, CFO, keith.bair@faro.com,
    +1-407-333-9911

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




    Elephant Talk to Host Third Quarter Shareholder Update Call on November 8, 2012

    SCHIPHOL, The Netherlands, Nov. 1, 2012 /PRNewswire/ -- Elephant Talk Communications, Corp. formerly (www.elephanttalk.com), an international provider of software and services developed to manage network, billing and systems infrastructure for the telecommunication industry and a market leader in providing solutions to counter electronic fraud for the financial services industry, today announced that the Company will host a Shareholder Update Conference Call on November 8, 2012 at 11:00 a.m. (EST). The purpose of the call will be to discuss the Company's Third Quarter 2012 Financial Results and the key operational milestones achieved by the Company.

    (Logo: http://photos.prnewswire.com/prnh/20120917/MM75872LOGO)

    (Logo: http://photos.prnewswire.com/prnh/20120917/MM75492LOGO)

    Anyone interested in participating should dial 1-480-629-9713 approximately 5 to 10 minutes prior to 11:00 a.m. EST. Participants should ask for the Elephant Talk Shareholder Update conference call. To listen to the playback please utilize the webcast by visiting the Company's website at www.elephanttalk.com.

    This call is being webcast by ViaVid Broadcasting and can be accessed at either Elephant Talk's website at www.elephanttalk.com or ViaVid's website at http://www.viavid.net. To access the webcast, you will need to have the Windows Media Player on your desktop. For the free download of the Media Player, please visit: http://www.microsoft.com/windows/windowsmedia/en/download/default.asp

    About Elephant Talk Communications

    Elephant Talk Communications Corp. , formerly is a leading international provider of mobile networking software and services. The Company's mission is to provide a single service, fully enabling and securing the mobile cloud.

    Elephant Talk empowers Mobile Network Operators (MNOs) and Mobile Virtual Network Operators (MVNOs) by providing a cloud based mobile communications infrastructure, operating software and managed services, based mostly on company developed and owned software. We enable these Mobile Operators and Virtual Network Operators by offering a full suite of products, delivery platforms, support services, superior industry expertise and high quality customer service without substantial upfront investment.

    As a specialized outsourcing partner, we provide operating software, managed services, cloud and SaaS solutions, an integrated transaction and delivery platform to the mobile telecommunications industry globally. Our products include remote health care, credit card fraud prevention, mobile internet ID security, secure remote file access management, loyalty and transaction management services and a whole range of other emerging mobile services. Elephant Talk can count several of the world's leading Mobile Operators amongst their customers including Vodafone, T-Mobile and Zain, and virtually all business is focused on tier 1 operators worldwide. Visit www.elephanttalk.com.

    About ValidSoft

    ValidSoft has been a wholly owned subsidiary of Elephant Talk since early 2010 and underpins our mobile/cloud security offering. The company is a market leader in providing solutions to counter electronic fraud relating to a variety of bank, card, internet and telephone channels. ValidSoft's solutions are used to verify the authenticity of both parties to a transaction (Mutual Authentication), the security of the relevant telecommunication channel used (Secure Communications), and the integrity of transactions itself (Transaction Verification) for the mass market, in a highly cost effective and secure manner while being very easy to use.

    The company's clients include leading worldwide service providers and institutions who benefit from a very substantial reduction in false positives, thereby freeing up resources to combat actual fraud, as well as a substantial elimination of the fraud itself, all in real time. ValidSoft is the only security software company in the world that has been granted two European Privacy Seals. Visit www.validsoft.com.

    Media Contacts

    UK/Europe:
    Fishburn Hedges
    +44 (0)20 7839 4321
    etak@fishburn-hedges.co.uk

    US/North America:
    Jed Hamilton
    Intermarket Communications
    +1 212 754 5479
    jhamilton@intermarket.com

    Investor Relations Contacts

    Steve Gersten
    Elephant Talk Communications
    +1 813 926 8920
    steve.gersten@elephanttalk.com

    Peter Salkowski
    The Blueshirt Group
    +1 415 489 2184
    peter@blueshirtgroup.com

    Photo: http://photos.prnewswire.com/prnh/20120917/MM75492LOGO
    http://photos.prnewswire.com/prnh/20120917/MM75872LOGO
    PRN Photo Desk, photodesk@prnewswire.com Elephant Talk Communications, Corp.

    Web site: http://www.validsoft.com/
    http://www.elephanttalk.com/




    Vimicro International Regains Compliance with Minimum-Bid Closing-Price Requirement

    BEIJING, Nov. 1, 2012 /PRNewswire-FirstCall/ -- Vimicro International Corporation ("Vimicro" or the "Company"), a leading PC-camera processor and IP-based surveillance solution provider, today announced that the Company recently received notification from the Nasdaq Stock Market of having regained compliance with the $1.00 minimum per-share closing bid-price requirement.

    "We are pleased to be back in compliance with Nasdaq's requirements. The Company will keep focusing on our business of processors and surveillance solutions," commented David Tang, Chief Financial Officer of Vimicro. "Our team is enhancing the quality of our communication with investors so that they can better understand Vimicro's transition and our new strategic directions. Through these efforts, we hope to create and unlock additional value for our shareholders."

    About Vimicro International Corporation

    Vimicro International Corporation is a leading multimedia semiconductor and solution provider that designs, develops and markets mixed-signal semiconductor products and system-level solutions that enable multimedia capabilities in a variety of products for PC/Notebook, consumer electronics and surveillance markets. Vimicro is aggressively expanding business into the surveillance market with system-level solutions and semiconductor products to capitalize on China's domestic demand. Vimicro's ADSs, each of which represents four ordinary shares, are currently trading on the NASDAQ Global Market under the ticker symbol "VIMC."

    Vimicro International Corporation

    CONTACT: Company Contact: Vimicro International Corporation, Mr. David
    Tang, Chief Financial Officer, Phone: +86 (10) 6894 8888 ext. 8811, E-mail:
    ir@vimicro.com; Mr. Jeffrey Yang, IR Manager, Phone: +86 (10) 6894 8888
    ext. 7548, E-mail: yangyangir@vimicro.com; Investor Contact: CCG Investor
    Relations, Mr. John Harmon, CFA, Sr. Account Manager, Phone: +86 (10) 8573
    1014 (Beijing), E-mail: john.harmon@ccgir.com; Mr. Roger Ellis, Senior
    Partner & SVP for M.I., Phone: +1 (310) 954-1332 (Los Angeles), E-mail:
    roger.ellis@ccgir.com

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




    Somfy Home Automation: Experience Security, Comfort and Energy Savings

    BEIRUT, Lebanon, November 1, 2012 /PRNewswire/ --

    Somfy Home Automation offers advanced features and innovation to transform your home into a haven of well-being and safety. A space that is in harmony with its environment. Somfy Home Automation means security, living comfort and energy savings. It also ensures you get the most out of your electric gates [http://www.somfy.com.lb/en-lb/home/decouvrir/our_products/gate.html ], roller shutters, electric garage doors and electric projector screen.

    Somfy Home Automation is all about security. With it, you can close all your home's openings in one simple click. This centralized solution ensures you'll never forget a window open. It also features presence simulation to control your house's systems as if it were occupied. Somfy Home Automation delivers feedback in real time. This checks the correct execution of an order and the status of each electric gate, roller shutter, electric garage door and electric projector screen (open/closed, on/off...). For added convenience, you can control and monitor equipment remotely, ensuring nothing has been forgotten and empowering you with the means to take action if needed.

    Somfy Home Automation embodies living comfort. Free yourself from repetitive everyday tasks like opening and closing shutters. With a single movement protect your privacy, eliminate annoying reflections, and ventilate a room or the entire house. Created your favorite ambiance and change the overall feel of your home in a few clicks. Make your home or office feel perfect.

    Somfy Home Automation is your key to saving energy. How? By automating the opening and closing of roller shutters [http://www.somfy.com.lb/en-lb/home/decouvrir/our_products/roller_shutter.html ] and solar protections, you improve the insulation of your home. This means less need for heating in winter and cooling in summer. Somfy Home Automation is a smart choice.

    Contact Somfy: Somfy http://www.somfy.com.lb Somfy Middle East & Africa Regional Office: Beirut, Lebanon TEL: +961-1-427-888

    Somfy



    ANSYS, Inc. Reports Record Third Quarter Results That Highlight Strong Margins And EPS OverperformanceCompany Updates 2012 Guidance and Provides Preliminary 2013 Outlook

    PITTSBURGH, Nov. 1, 2012 /PRNewswire/ --

    Highlights

    --  GAAP revenue of $196.9 million and non-GAAP revenue of $199.8 million
    --  GAAP diluted earnings per share of $0.54 and non-GAAP diluted earnings
    per share of $0.74
    --  Operating cash flows of $70.4 million
    --  GAAP operating profit margin of 37.4% and non-GAAP operating profit
    margin of 51.0%
    

    ANSYS, Inc. today announced third quarter 2012 results with total non-GAAP revenue up 12% as compared to Q3 2011, while non-GAAP net income increased 13% compared to Q3 2011. Year-to-date non-GAAP revenue and net income increased 17% and 16%, respectively, compared to the first nine months of 2011. Non-GAAP earnings per share increased 12% for the quarter and 15% for the first nine months of 2012, each as compared to the same period in 2011.

    (Logo: http://photos.prnewswire.com/prnh/20110127/MM38091LOGO )

    "We continue to have tremendous opportunity as demonstrated by these third quarter record results. However, we are facing a challenging and uncertain environment, which has led to a noticeable lengthening of procurement cycles," stated Jim Cashman, ANSYS president & CEO. "In spite of these realities, our business model provided strong earnings, which exceeded the guidance range, and revenues in the mid-range of our guidance. Customer interest remains strong, but we expect these macro-economic challenges and longer sales cycles to continue through the remainder of the year and into the next. At the core of the business, the long-term remains driven by customer reliance on our solutions to help fuel their internal innovation, while a strong balance sheet, cash flows, margins and recurring revenue base provide stability through the short-term economic ripples. With the upcoming release of ANSYS((R)) 14.5, the breadth and depth of our engineering simulation portfolio continues to expand. We are well-positioned to continue to deliver long-term value to our customers and stockholders."

    ANSYS' third quarter and year-to-date 2012 financial results are presented below. The 2012 non-GAAP results exclude the income statement effects of acquisition accounting adjustments to deferred revenue, as well as the impact of stock-based compensation, acquisition-related amortization of intangible assets and transaction costs related to the acquisition of Esterel Technologies, Inc. The 2011 non-GAAP results exclude the income statement effects of acquisition accounting adjustments to deferred revenue, as well as the impact of stock-based compensation, acquisition-related amortization of intangible assets and transaction costs related to the acquisition of Apache Design, Inc.

    GAAP and non-GAAP results reflect:

    --  Total GAAP revenue of $196.9 million in the third quarter of 2012 as
    compared to $172.9 million in the third quarter of 2011; total GAAP
    revenue of $577.3 million in the first nine months of 2012 as compared
    to $493.2 million in the first nine months of 2011; total non-GAAP
    revenue of $199.8 million in the third quarter of 2012 as compared to
    $177.9 million in the third quarter of 2011; total non-GAAP revenue of
    $583.2 million in the first nine months of 2012 as compared to $498.2
    million in the first nine months of 2011;
    --  A GAAP operating profit margin of 37.4% in the third quarter of 2012 as
    compared to 37.8% in the third quarter of 2011; a GAAP operating profit
    margin of 36.8% in the first nine months of 2012 as compared to 39.0% in
    the first nine months of 2011; a non-GAAP operating profit margin of
    51.0% in the third quarter of 2012 as compared to 50.6% in the third
    quarter of 2011; a non-GAAP operating profit margin of 50.4% in the
    first nine months of 2012 as compared to 50.7% in the first nine months
    of 2011;
    --  GAAP net income of $51.6 million in the third quarter of 2012 as
    compared to $45.5 million in the third quarter of 2011; GAAP net income
    of $147.4 million in the first nine months of 2012 as compared to $133.2
    million in the first nine months of 2011; non-GAAP net income of $70.4
    million in the third quarter of 2012 as compared to $62.1 million in the
    third quarter of 2011; non-GAAP net income of $201.5 million in the
    first nine months of 2012 as compared to $174.1 million in the first
    nine months of 2011;
    --  GAAP diluted earnings per share of $0.54 in the third quarter of 2012 as
    compared to $0.48 in the third quarter of 2011; GAAP diluted earnings
    per share of $1.55 in the first nine months of 2012 as compared to $1.41
    in the first nine months of 2011; non-GAAP diluted earnings per share of
    $0.74 in the third quarter of 2012 as compared to $0.66 in the third
    quarter of 2011; non-GAAP diluted earnings per share of $2.12 in the
    first nine months of 2012 as compared to $1.85 in the first nine months
    of 2011; and
    --  Operating cash flows of $70.4 million in the third quarter of 2012 as
    compared to $66.3 million in the third quarter of 2011; operating cash
    flows of $228.8 million in the first nine months of 2012 as compared to
    operating cash flows of $230.0 million in the first nine months of 2011.
    

    The Company's GAAP results reflect stock-based compensation charges of approximately $8.1 million ($6.0 million after tax) or $0.06 diluted earnings per share for the third quarter of 2012 and approximately $23.9 million ($17.6 million after tax) or $0.19 diluted earnings per share for the first nine months of 2012. The non-GAAP financial results highlighted above, and the non-GAAP financial outlook for 2012 and 2013 discussed below, represent non-GAAP financial measures. Reconciliations of these measures to the appropriate GAAP measures for the three and nine months ended September 30, 2012 and 2011, and for the 2012 and 2013 financial outlook, are included in the condensed financial information included in this release.

    Management's Remaining 2012 and Preliminary 2013 Financial Outlook

    The Company is providing its 2012 revenue and earnings per share guidance below, as well as its preliminary outlook for 2013. The earnings per share guidance is provided on both a GAAP and a non-GAAP basis. Non-GAAP revenue and non-GAAP diluted earnings per share exclude charges for stock-based compensation, the income statement effects of acquisition accounting for deferred revenue, acquisition-related amortization of intangible assets and acquisition-related expenses.

    Fourth Quarter 2012 Guidance

    The Company currently expects the following for the quarter ending December 31, 2012:

    --  GAAP revenue in the range of $211.3 - $218.3 million
    --  Non-GAAP revenue in the range of $215.0 - $222.0 million
    --  GAAP diluted earnings per share of $0.49 - $0.55
    --  Non-GAAP diluted earnings per share of $0.71 - $0.74
    

    Fiscal Year 2012 Guidance

    The Company currently expects the following for the fiscal year ending December 31, 2012:

    --  GAAP revenue in the range of $788.6 - $795.6 million
    --  Non-GAAP revenue in the range of $798.2 - $805.2 million
    --  GAAP diluted earnings per share of $2.04 - $2.10
    --  Non-GAAP diluted earnings per share of $2.83 - $2.86
    

    Fiscal Year 2013 Preliminary Outlook

    The Company currently expects the following for the fiscal year ending December 31, 2013:

    --  GAAP revenue in the range of $880.6 - $905.6 million
    --  Non-GAAP revenue in the range of $885.0 - $910.0 million
    --  GAAP diluted earnings per share of $2.29 - $2.43
    --  Non-GAAP diluted earnings per share of $3.00 - $3.12
    

    These statements are forward-looking and actual results may differ materially. Non-GAAP diluted earnings per share is a supplemental financial measure and should not be considered as a substitute for, or superior to, diluted earnings per share determined in accordance with GAAP.

    Conference Call Information

    ANSYS will hold a conference call at 10:30 a.m. Eastern Time on November 1, 2012 to discuss third quarter results. To participate in the live conference call, dial 800-860-2442 (US) or 412-858-4600 (Canada & Int'l). The call will be recorded and a replay will be available approximately two hours after the call ends. The replay will be available for ten days by dialing 877-344-7529 (US) or 412-317-0088 (Canada and Int'l) and entering the pass code 10019986. The archived webcast can be accessed, along with other financial information, on ANSYS' website at http://investors.ansys.com.

    ANSYS, INC. AND SUBSIDIARIES Condensed Consolidated Balance Sheets (in thousands) (Unaudited) September 30, December 31, 2012 2011 ---- ---- ASSETS: Cash & short-term investments $555,341 $472,404 Accounts receivable, net 77,861 84,602 Goodwill 1,252,706 1,225,375 Other intangibles, net 368,980 383,420 Other assets 303,416 282,669 ------- ------- Total assets $2,558,304 $2,448,470 LIABILITIES & STOCKHOLDERS' EQUITY: Deferred revenue $273,636 $259,155 Long-term debt (including current portion) 79,723 127,572 Other liabilities 308,455 307,270 Stockholders' equity 1,896,490 1,754,473 --------- --------- Total liabilities & stockholders' equity $2,558,304 $2,448,470 ========== ==========

    ANSYS, INC. AND SUBSIDIARIES Condensed Consolidated Statements of Income (in thousands, except per share data) (Unaudited) Three Months Ended Nine Months Ended ------------------ ----------------- September 30, September 30, September 30, September 30, 2012 2011 2012 2011 ---- ---- ---- ---- Revenue: Software licenses $123,027 $104,477 $359,933 $297,780 Maintenance and service 73,882 68,458 217,337 195,460 Total revenue 196,909 172,935 577,270 493,240 Cost of sales: Software licenses 5,473 4,220 17,758 10,144 Amortization 10,244 8,993 30,583 23,993 Maintenance and service 18,039 17,814 54,494 51,535 ---------------- Total cost of sales 33,756 31,027 102,835 85,672 ---------------- Gross profit 163,153 141,908 474,435 407,568 Operating expenses: Selling, general and administrative 49,195 43,180 143,424 123,786 Research and development 33,506 28,899 98,422 78,779 Amortization 6,800 4,500 19,975 12,587 Total operating expenses 89,501 76,579 261,821 215,152 ---------------- Operating income 73,652 65,329 212,614 192,416 Interest expense (632) (753) (2,173) (2,330) Interest income 774 789 2,562 2,196 Other (expense) income, net (355) 78 (1,010) (544) ---- --- ------ ---- Income before income tax provision 73,439 65,443 211,993 191,738 Income tax provision 21,820 19,897 64,573 58,520 ------ ------ ------ ------ Net income $51,619 $45,546 $147,420 $133,218 ======= ======= ======== ======== Earnings per share - basic: Basic earnings per share $0.56 $0.49 $1.59 $1.45 Weighted average shares - basic 92,448 92,277 92,631 91,995 Earnings per share - diluted: Diluted earnings per share $0.54 $0.48 $1.55 $1.41 Weighted average shares - diluted 94,755 94,445 94,958 94,268

    ANSYS, INC. AND SUBSIDIARIES Reconciliation of Non-GAAP Measures (Unaudited) (in thousands, except percentages and per share data) Three Months Ended ------------------ September 30, 2012 September 30, 2011 ------------------ ------------------ As Reported Adjustments Non-GAAP Results As Reported Adjustments Non-GAAP Results ----------- ----------- ---------------- ----------- ----------- ---------------- $196,909 $2,923(1) $199,832 $172,935 $4,925(4) $177,860 Total revenue 73,652 28,265(2) 101,917 65,329 24,665(5) 89,994 Operating income 37.4% 51.0% 37.8% 50.6% Operating profit margin $51,619 $18,815(3) $70,434 $45,546 $16,557(6) $62,103 Net income Earnings per share - diluted: $0.54 $0.74 $0.48 $0.66 Diluted earnings per share 94,755 94,755 94,445 94,445 Weighted average shares - diluted

    (1) Amount represents the revenue not reported during the period as a result of the acquisition accounting adjustment associated with accounting for deferred revenue in business combinations.

    (2) Amount represents $17.0 million of amortization expense associated with intangible assets acquired in business combinations, $8.1 million of stock-based compensation expense, the $2.9 million adjustment to revenue as reflected in (1) above and $0.2 million of transaction expenses related to the Esterel acquisition.

    (3) Amount represents the impact of the adjustments to operating income referred to in (2) above, adjusted for the related income tax impact of $9.5 million.

    (4) Amount represents the revenue not reported during the period as a result of the acquisition accounting adjustment associated with accounting for deferred revenue in business combinations.

    (5) Amount represents $13.5 million of amortization expense associated with intangible assets acquired in business combinations, $6.1 million of stock-based compensation expense, the $4.9 million adjustment to revenue as reflected in (4) above and $0.2 million of transaction expenses related to the Apache acquisition.

    (6) Amount represents the impact of the adjustments to operating income referred to in (5) above, adjusted for the related income tax impact of $8.1 million.


    ANSYS, INC. AND SUBSIDIARIES Reconciliation of Non-GAAP Measures (Unaudited) (in thousands, except percentages and per share data) Nine Months Ended September 30, 2012 September 30, 2011 ------------------ ------------------ As Reported Adjustments Non-GAAP Results As Reported Adjustments Non-GAAP Results ----------- ----------- ---------------- ----------- ----------- ---------------- $577,270 $5,916(1) $583,186 $493,240 $4,925(4) $498,165 Total revenue 212,614 81,264(2) 293,878 192,416 60,072(5) 252,488 Operating income 36.8% 50.4% 39.0% 50.7% Operating profit margin $147,420 $54,040(3) $201,460 $133,218 $40,917(6) $174,135 Net income Earnings per share - diluted: $1.55 $2.12 $1.41 $1.85 Diluted earnings per share 94,958 94,958 94,268 94,268 Weighted average shares - diluted

    (1) Amount represents the revenue not reported during the period as a result of the acquisition accounting adjustment associated with accounting for deferred revenue in business combinations.

    (2) Amount represents $50.6 million of amortization expense associated with intangible assets acquired in business combinations, $23.9 million of stock-based compensation expense, the $5.9 million adjustment to revenue as reflected in (1) above and $0.9 million of transaction expenses related to the Esterel acquisition.

    (3) Amount represents the impact of the adjustments to operating income referred to in (2) above, adjusted for the related income tax impact of $27.2 million.

    (4) Amount represents the revenue not reported during the period as a result of the acquisition accounting adjustment associated with accounting for deferred revenue in business combinations.

    (5) Amount represents $36.6 million of amortization expense associated with intangible assets acquired in business combinations, $16.6 million of stock-based compensation expense, the $4.9 million adjustment to revenue as reflected in (4) above and $2.0 million of transaction expenses related to the Apache acquisition.

    (6) Amount represents the impact of the adjustments to operating income referred to in (5) above, adjusted for the related income tax impact of $19.2 million.

    ANSYS, INC. AND SUBSIDIARIES Reconciliation of Forward-Looking Guidance Quarter Ending December 31, 2012 Earnings Per Share Range - Diluted -------------------------- U.S. GAAP expectation $0.49 - $0.55 Adjustment to exclude acquisition accounting adjustment to deferred revenue $0.02 - $0.03 Adjustment to exclude acquisition-related amortization $0.11 - $0.12 Adjustment to exclude stock-based compensation $0.06 - $0.07 Non-GAAP expectation $0.71 - $0.74 =============

    ANSYS, INC. AND SUBSIDIARIES Reconciliation of Forward-Looking Guidance Year Ending December 31, 2012 Earnings Per Share Range - Diluted -------------------------- U.S. GAAP expectation $2.04 - $2.10 Adjustment to exclude acquisition accounting adjustment to deferred revenue $0.06 - $0.07 Adjustment to exclude acquisition-related amortization $0.44 - $0.45 Adjustment to exclude acquisition- related transaction costs $0.01 Adjustment to exclude stock-based compensation $0.25 - $0.26 Non-GAAP expectation $2.83 - $2.86 =============

    ANSYS, INC. AND SUBSIDIARIES Reconciliation of Forward-Looking Guidance Year Ending December 31, 2013 Earnings Per Share Range - Diluted -------------------------- U.S. GAAP expectation $2.29 - $2.43 Adjustment to exclude acquisition accounting adjustment to deferred revenue $0.03 Adjustment to exclude acquisition-related amortization $0.39 - $0.40 Adjustment to exclude stock-based compensation $0.27 - $0.28 Non-GAAP expectation $3.00 - $3.12 =============

    Use of Non-GAAP Measures

    The Company provides non-GAAP revenue, non-GAAP operating income, non-GAAP operating profit margin, non-GAAP net income and non-GAAP diluted earnings per share as supplemental measures to GAAP regarding the Company's operational performance. These financial measures exclude the impact of certain items and, therefore, have not been calculated in accordance with GAAP. A detailed explanation of each of the adjustments to such financial measures is described below. This press release also contains a reconciliation of each of these non-GAAP financial measures to its most comparable GAAP financial measure.

    Management uses non-GAAP financial measures (a) to evaluate the Company's historical and prospective financial performance as well as its performance relative to its competitors, (b) to set internal sales targets and spending budgets, (c) to allocate resources, (d) to measure operational profitability and the accuracy of forecasting, (e) to assess financial discipline over operational expenditures and (f) as an important factor in determining variable compensation for management and its employees. In addition, many financial analysts that follow our Company focus on and publish both historical results and future projections based on non-GAAP financial measures. We believe that it is in the best interest of our investors to provide this information to analysts so that they accurately report the non-GAAP financial information. Moreover, investors have historically requested, and the Company has historically reported, these non-GAAP financial measures as a means of providing consistent and comparable information with past reports of financial results.

    While management believes that these non-GAAP financial measures provide useful supplemental information to investors, there are limitations associated with the use of these non-GAAP financial measures. These non-GAAP financial measures are not prepared in accordance with GAAP, are not reported by all of the Company's competitors and may not be directly comparable to similarly titled measures of the Company's competitors due to potential differences in the exact method of calculation. The Company compensates for these limitations by using these non-GAAP financial measures as supplements to GAAP financial measures and by reviewing the reconciliations of the non-GAAP financial measures to their most comparable GAAP financial measures.

    The adjustments to these non-GAAP financial measures, and the basis for such adjustments, are outlined below:

    Acquisition accounting for deferred revenue and its related tax impact. Historically, the Company has consummated acquisitions in order to support the Company's strategic and other business objectives. In accordance with the fair value provisions applicable to the accounting for business combinations, acquired deferred revenue is often recorded on the opening balance sheet at an amount that is lower than the historical carrying value. Although this acquisition accounting requirement has no impact on the Company's business or cash flow, it adversely impacts the Company's reported GAAP revenue in the reporting periods following an acquisition. In order to provide investors with financial information that facilitates comparison of both historical and future results, the Company provides non-GAAP financial measures which exclude the impact of the acquisition accounting adjustment. The Company believes that this non-GAAP financial adjustment is useful to investors because it allows investors to (a) evaluate the effectiveness of the methodology and information used by management in its financial and operational decision-making and (b) compare past and future reports of financial results of the Company as the revenue reduction related to acquired deferred revenue will not recur when related annual lease licenses and software maintenance contracts are renewed in future periods.

    Amortization of intangibles from acquisitions and its related tax impact. The Company incurs amortization of intangibles, included in its GAAP presentation of amortization expense, related to various acquisitions it has made in recent years. Management excludes these expenses and their related tax impact for the purpose of calculating non-GAAP operating income, non-GAAP operating profit margin, non-GAAP net income and non-GAAP diluted earnings per share when it evaluates the continuing operational performance of the Company because these costs are fixed at the time of an acquisition, are then amortized over a period of several years after the acquisition and generally cannot be changed or influenced by management after the acquisition. Accordingly, management does not consider these expenses for purposes of evaluating the performance of the Company during the applicable time period after the acquisition, and it excludes such expenses when making decisions to allocate resources. The Company believes that these non-GAAP financial measures are useful to investors because they allow investors to (a) evaluate the effectiveness of the methodology and information used by management in its financial and operational decision-making and (b) compare past reports of financial results of the Company as the Company has historically reported these non-GAAP financial measures.

    Stock-based compensation expense and its related tax impact. The Company incurs expense related to stock-based compensation included in its GAAP presentation of cost of software licenses, cost of maintenance and service, research and development expense and selling, general and administrative expense. Although stock-based compensation is an expense of the Company and viewed as a form of compensation, management excludes these expenses for the purpose of calculating non-GAAP operating income, non-GAAP operating profit margin, non-GAAP net income and non-GAAP diluted earnings per share when it evaluates the continuing operational performance of the Company. Specifically, the Company excludes stock-based compensation during its annual budgeting process and its quarterly and annual assessments of the Company's and management's performance. The annual budgeting process is the primary mechanism whereby the Company allocates resources to various initiatives and operational requirements. Additionally, the annual review by the board of directors during which it compares the Company's historical business model and profitability to the planned business model and profitability for the forthcoming year excludes the impact of stock-based compensation. In evaluating the performance of senior management and department managers, charges related to stock-based compensation are excluded from expenditure and profitability results. In fact, the Company records stock-based compensation expense into a stand-alone cost center for which no single operational manager is responsible or accountable. In this way, management is able to review, on a period-to-period basis, each manager's performance and assess financial discipline over operational expenditures without the effect of stock-based compensation. The Company believes that these non-GAAP financial measures are useful to investors because they allow investors to (a) evaluate the Company's operating results and the effectiveness of the methodology used by management to review the Company's operating results, and (b) review historical comparability in its financial reporting, as well as comparability with competitors' operating results.

    Transaction costs related to business combinations. The Company incurs expenses for professional services rendered in connection with business combinations, which are included in its GAAP presentation of selling, general and administrative expense. These expenses are generally not tax-deductible. Management excludes these acquisition-related transaction costs for the purpose of calculating non-GAAP operating income, non-GAAP operating profit margin, non-GAAP net income and non-GAAP diluted earnings per share when it evaluates the continuing operational performance of the Company, as it generally would not have otherwise incurred these expenses in the periods presented as a part of its continuing operations. The Company believes that these non-GAAP financial measures are useful to investors because they allow investors to (a) evaluate the Company's operating results and the effectiveness of the methodology used by management to review the Company's operating results, and (b) review historical comparability in its financial reporting, as well as comparability with competitors' operating results.

    Non-GAAP financial measures are not in accordance with, or an alternative for, generally accepted accounting principles in the United States. The Company's non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP financial measures, and should be read only in conjunction with the Company's consolidated financial statements prepared in accordance with GAAP.

    Pursuant to the requirements of Regulation G, the Company has provided a reconciliation of the non-GAAP financial measures to the most directly comparable GAAP financial measures as listed below:

    GAAP Reporting Measure Non-GAAP Reporting Measure Revenue Non-GAAP Revenue Operating Income Non-GAAP Operating Income Operating Profit Margin Non-GAAP Operating Profit Margin Net Income Non-GAAP Net Income Diluted Earnings Per Share Non-GAAP Diluted Earnings Per Share

    About ANSYS, Inc.

    ANSYS brings clarity and insight to customers' most complex design challenges through fast, accurate and reliable engineering simulation. Our technology enables organizations ? no matter their industry ? to predict with confidence that their products will thrive in the real world. Customers trust our software to help ensure product integrity and drive business success through innovation. Founded in 1970, ANSYS employs approximately 2,400 professionals, many of them experts in engineering fields such as finite element analysis, computational fluid dynamics, electronics and electromagnetics, and design optimization. Headquartered south of Pittsburgh, Pennsylvania, U.S.A., ANSYS has more than 65 strategic sales locations throughout the world with a network of channel partners in 40+ countries. Visit www.ansys.com for more information.

    Forward-Looking Information

    Certain statements contained in this press release regarding matters that are not historical facts, including, but not limited to, statements regarding our projections for revenue and earnings per share for the fourth quarter, fiscal year 2012 and 2013 outlook (both GAAP and non-GAAP, as applicable, to exclude purchase accounting for deferred revenue, acquisition-related amortization and stock-based compensation expense), statements about management's views concerning the Company's prospects and outlook for 2013, including statements and projections relating to the impact of stock-based compensation, statements regarding management's use of non-GAAP financial measures, statements regarding the Company's fourth quarter and beyond visibility, statements regarding the Company continuing to have tremendous opportunity, statements regarding facing a challenging and uncertain environment and lengthening procurement cycles, statements regarding the Company's customers' interest level, statements regarding expecting macro-economic challenges and longer sales cycles to continue through the remainder of the year and into the next, statements regarding the long-term remaining driven by customer reliance on the Company's solutions and the cause of that reliance, statements regarding the strength of the Company's balance sheet, cash flows, margins and recurring revenue base and their impact on the Company in the short term, statements regarding the upcoming release of ANSYS 14.5, statements regarding the breadth and depth of our engineering simulation portfolio continuing to expand, and statements regarding the Company being well-positioned to continue to deliver long-term value to our customers and stockholders, are "forward-looking" statements (as defined in the Private Securities Litigation Reform Act of 1995). Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements in this press release are subject to risks and uncertainties including, but not limited to, the risk that adverse conditions in the global economy and financial markets will significantly affect ANSYS' customers' ability to make new purchases from the Company or to pay for prior purchases, the risk of declines in the economy of one or more of ANSYS' primary geographic regions, the risk that ANSYS' operating results will be adversely affected by changes in currency exchange rates, the risk that the assumptions underlying ANSYS' anticipated revenues and expenditures will change or prove inaccurate, the risk that ANSYS has overestimated its ability to maintain growth and profitability and control costs, uncertainties regarding the demand for ANSYS' products and services in future periods, the risk that ANSYS has overestimated the strength of the demand among its customers for its products, uncertainties regarding customer acceptance of new products, including the upcoming release of ANSYS 14.5, the risk that ANSYS' operating results will be adversely affected by possible delays in developing, completing, or shipping new or enhanced products, the risk that enhancements to the Company's products may not produce anticipated sales, the risk that third parties may misappropriate the Company's proprietary technology or develop similar technology independently, the risk of difficulties in the relationship with ANSYS' independent regional channel partners, the risk that the expected income tax impacts of the merger of the Company's Japan subsidiaries will not be realized in one or more future periods, the risk that ANSYS may not achieve the perceived benefits of the Esterel acquisition or that the integration of Esterel may not be successful, and other factors that are detailed from time to time in reports filed by ANSYS, Inc. with the Securities and Exchange Commission, including ANSYS, Inc.'s 2011 Annual Report and Form 10-K. We undertake no obligation to publicly update or revise any forward-looking statements, whether changes occur as a result of new information or future events, after the date they were made.

    ANSYS and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries. All other brand, product, service and feature names or trademarks are the property of their respective owners.

    ANSS-F

    Photo: http://photos.prnewswire.com/prnh/20110127/MM38091LOGO
    PRN Photo Desk, photodesk@prnewswire.com ANSYS, Inc.

    CONTACT: Investors: Annette Arribas, CTP, +1-724-514-1782,
    annette.arribas@ansys.com or Media: Jackie Mavin, +1-724-514-3053,
    jackie.mavin@ansys.com

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




    GP Strategies Reports Strong Third Quarter 2012 Financial Results

    ELKRIDGE, Md., Nov. 1, 2012 /PRNewswire/ -- Global performance improvement solutions provider GP Strategies Corporation today reported financial results for the quarter ended September 30, 2012.

    Overview of Third Quarter 2012 Results:

    --  Revenue of $99.7 million for third quarter of 2012 compared to $88.9
    million for third quarter of 2011
    --  Gross profit of $17.9 million, or 18.0% of revenue, for third quarter of
    2012 compared to $14.9 million, or 16.7% of revenue, for third quarter
    of 2011
    --  Diluted earnings per share of $0.32 for third quarter of 2012 compared
    to $0.24 per share for third quarter of 2011
    --  EBITDA of $10.4 million for third quarter of 2012 compared to $9.4
    million for third quarter of 2011
    

    The Company's revenue increased 12% or $10.7 million during the third quarter of 2012 compared to the third quarter of 2011. Revenue grew organically by 9% or $8.0 million during the third quarter, largely driven by growth in the Learning Solutions and Sandy segments due to increased training services for several new and existing customers. Gross profit increased 21% or $3.1 million during the third quarter of 2012 primarily due to organic revenue growth. The third quarter 2012 results include $0.5 million of acquisition-related transaction expenses compared to $0.1 million in the third quarter of 2011. In addition, the Company had a net loss on the change in fair value of contingent consideration of $0.8 million for the third quarter of 2012, for which no income tax benefit will be received, compared to a net gain of $0.3 million during the third quarter of 2011. Operating income increased 24% during the third quarter of 2012, excluding the net gain/loss on change in fair value of contingent consideration in the third quarters of both 2012 and 2011. Net income was $6.2 million, or $0.32 per diluted share, for the third quarter of 2012 compared to $4.6 million, or $0.24 per diluted share, for the third quarter of 2011. The third quarter 2012 results also include a $1.6 million non-recurring income tax benefit due to the reduction of a tax liability.

    "GP Strategies continued to achieve strong organic growth in the quarter due to the strengthening and expansion of our platform," commented Scott N. Greenberg, Chief Executive Officer of GP Strategies. "We are seeing increased collaboration across the Company to provide integrated offerings that meet our clients' training and performance improvement needs. In addition, our recent acquisitions demonstrate our continued deployment of operating cash flow to further enhance our platform of services and products. We are very excited about our acquisition of BlessingWhite which strengthens our ability to deliver comprehensive leadership and professional development services to customers on a global basis."

    Balance Sheet and Cash Flow Highlights

    As of September 30, 2012, the Company had cash and cash equivalents of $12.6 million compared to $4.2 million as of December 31, 2011. The Company had no short-term borrowings or long-term debt outstanding and had $50 million of available borrowings under its line of credit as of September 30, 2012. Cash provided by operating activities was $17.0 million for the nine months ended September 30, 2012 compared to $10.6 million for the same period in 2011.

    Investor Call

    The Company has scheduled an investor conference call for 10:00 a.m. ET on November 1, 2012. In addition to prepared remarks from management, there will be a question and answer session on the call. The dial-in numbers for the live conference call are 800-749-1342 or 212-231-2919, using conference ID number 21609594. A telephone replay of the call will also be available beginning at 12:00 p.m. on November 1(st), until 12:00 p.m. on November 15(th). To listen to the replay, dial 800-633-8284 or 402-977-9140, using conference ID number 21609594.

    Presentation of Non-GAAP Information

    This press release contains non-GAAP financial measures, including EBITDA (earnings before interest, income taxes, depreciation and amortization). The Company believes this non-GAAP financial measure is useful to investors in evaluating the Company's results. This measure should be considered in addition to, and not as a replacement for, or superior to, either net income, as an indicator of the Company's operating performance, or cash flow, as a measure of the Company's liquidity. In addition, because EBITDA may not be calculated identically by all companies, the presentation here may not be comparable to other similarly titled measures of other companies. For a reconciliation of this non-GAAP financial measure to the most comparable GAAP equivalent, see the Non-GAAP Reconciliation - EBITDA, along with related footnotes, below.

    About GP Strategies

    GP Strategies Corporation is a global performance improvement solutions provider of sales and technical training, eLearning solutions, management consulting and engineering services. GP Strategies' solutions improve the effectiveness of organizations by delivering innovative and superior training, consulting and business improvement services, customized to meet the specific needs of its clients. Clients include Fortune 500 companies, manufacturing, process and energy industries, and other commercial and government customers. Additional information may be found at www.gpstrategies.com.

    Forward-Looking Statements

    We make statements in this press release that are considered forward-looking statements within the meaning of the Securities Exchange Act of 1934. These statements are not guarantees of our future performance and are subject to risks, uncertainties and other important factors that could cause our actual performance or achievements to be materially different from those we project. For a full discussion of these risks, uncertainties and factors, we encourage you to read our documents on file with the Securities and Exchange Commission, including those set forth in our periodic reports under the forward-looking statements and risk factors sections. Except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    TABLES FOLLOW

    GP STRATEGIES CORPORATION AND SUBSIDIARIES
    CONSOLIDATED STATEMENTS OF OPERATIONS
    (In thousands, except per share data)
    (Unaudited)

    Quarters ended Nine months ended September 30, September 30, ------------- ------------- 2012 2011 2012 2011 ---- ---- ---- ---- Revenue $99,671 $88,948 $295,587 $239,275 Cost of revenue 81,742 74,083 243,041 198,907 ------ ------ ------- ------- Gross profit 17,929 14,865 52,546 40,368 Selling, general and administrative expenses 8,890 7,601 26,220 22,212 Gain on reversal of deferred rent liability - - - 1,041 Gain (loss) on change in fair value of (792) 303 (863) 506 contingent consideration, net Operating income 8,247 7,567 25,463 19,703 Interest expense 75 51 175 149 Other income 72 157 262 498 Income before income tax expense 8,244 7,673 25,550 20,052 Income tax expense 2,061 3,054 8,999 8,132 ----- ----- ----- ----- Net income $6,183 $4,619 $16,551 $11,920 ====== ====== ======= ======= Basic weighted average shares outstanding 19,009 18,784 18,912 18,761 Diluted weighted average shares outstanding 19,328 19,048 19,255 18,996 Per common share data: Basic earnings per share $0.33 $0.25 $0.88 $0.64 Diluted earnings per share $0.32 $0.24 $0.86 $0.63 Other data: EBITDA (1) $10,433 $9,439 $31,645 $24,530

    (1) The term EBITDA (earnings before interest, income taxes, depreciation and amortization) is a non-GAAP financial measure that the Company believes is useful to investors in evaluating its results. For a reconciliation of this non-GAAP financial measure to the most comparable GAAP equivalent, see the Non-GAAP Reconciliation - EBITDA, along with related footnotes, below.

    GP STRATEGIES CORPORATION AND SUBSIDIARIES
    SUPPLEMENTAL FINANCIAL INFORMATION
    (In thousands)
    (Unaudited)

    Quarters ended Nine months ended September 30, September 30, ------------- ------------- 2012 2011 2012 2011 ---- ---- ---- ---- Revenue by segment: Learning Solutions $41,897 $33,230 $115,336 $94,663 Professional & Technical Services 20,938 22,289 67,891 61,530 Sandy Training & Marketing 16,878 13,163 51,083 39,301 Performance Readiness Group (2) 13,682 14,884 42,810 26,896 Energy Services 6,276 5,382 18,467 16,885 ----- ----- ------ ------ Total revenue $99,671 $88,948 $295,587 $239,275 ======= ======= ======== ======== Gross profit by segment: Learning Solutions $8,390 $5,774 $22,453 $15,697 Professional & Technical Services 2,829 4,055 10,036 10,405 Sandy Training & Marketing 2,588 1,770 7,782 5,571 Performance Readiness Group (2) 1,871 1,570 6,038 3,464 Energy Services 2,251 1,696 6,237 5,231 ----- ----- ----- ----- Total gross profit $17,929 $14,865 $52,546 $40,368 ======= ======= ======= ======= Operating income by segment: Learning Solutions $4,611 $2,660 $11,949 $6,309 Professional & Technical Services 993 2,551 4,181 5,482 Sandy Training & Marketing 1,078 644 3,286 1,805 Performance Readiness Group (2) 556 70 2,007 652 Energy Services 1,801 1,339 4,903 3,908 Gain on reversal of deferred rent liability - - - 1,041 Gain (loss) on change in fair value of contingent consideration, net (792) 303 (863) 506 ---- --- ---- --- Total operating income $8,247 $7,567 $25,463 $19,703 ====== ====== ======= ======= Supplemental Cash Flow Information: Net cash provided by operating activities $12,596 $5,767 $17,000 $10,561 Capital expenditures (688) (866) (2,155) (2,397) ---- ---- ------ ------ Free cash flow $11,908 $4,901 $14,845 $8,164 ======= ====== ======= ======

    (2) Formerly called the RWD segment.

    GP STRATEGIES CORPORATION AND SUBSIDIARIES
    Non-GAAP Reconciliation - EBITDA ((3)
    )(In thousands)
    (Unaudited)

    Quarters ended Nine months ended September 30, September 30, ------------- ------------- 2012 2011 2012 2011 ---- ---- ---- ---- Net income (4) $6,183 $4,619 $16,551 $11,920 Interest expense 75 51 175 149 Income tax expense 2,061 3,054 8,999 8,132 Depreciation and amortization 2,114 1,715 5,920 4,329 EBITDA $10,433 $9,439 $31,645 $24,530 ======= ====== ======= =======

    (3) Earnings before interest, income taxes, depreciation and amortization (EBITDA) is a widely used non-GAAP financial measure of operating performance. It is presented as supplemental information that the Company believes is useful to investors to evaluate its results because it excludes certain items that are not directly related to the Company's core operating performance. EBITDA is calculated by adding back to net income interest expense, income tax expense, depreciation and amortization. EBITDA should not be considered as substitutes either for net income, as an indicator of the Company's operating performance, or for cash flow, as a measure of the Company's liquidity. In addition, because EBITDA may not be calculated identically by all companies, the presentation here may not be comparable to other similarly titled measures of other companies.

    (4) Net income includes the following non-recurring or acquisition-related amounts:

    --  A $1,602,000 income tax benefit on the reduction of an uncertain tax
    position liability during the third quarter of 2012.
    --  Net losses of $792,000 and $863,000, on the change in fair value of
    contingent consideration for the third quarter and nine months ended
    September 30, 2012, respectively, for which no income tax benefit is
    recognized, compared to net gains of $303,000 and $506,000 for the third
    quarter and nine months ended September 30, 2011, respectively.
    

    GP STRATEGIES CORPORATION AND SUBSIDIARIES
    CONDENSED CONSOLIDATED BALANCE SHEETS
    (Dollars in thousands)

    September 30, December 31, 2012 2011 ---- ---- (Unaudited) Current assets: Cash and cash equivalents $12,599 $4,151 Accounts and other receivables 69,381 67,134 Costs and estimated earnings in excess of 22,063 15,576 billings on uncompleted contracts Prepaid expenses and other current assets 11,010 8,863 ------ ----- Total current assets 115,053 95,724 Property, plant and equipment, net 5,660 5,562 Goodwill and other intangibles, net 110,317 108,460 Other assets 1,978 1,830 ----- ----- Total assets $233,008 $211,576 ======== ======== Current liabilities: Accounts payable and accrued expenses $45,107 $42,500 Billings in excess of costs and estimated 17,848 17,266 earnings on uncompleted contracts Total current liabilities 62,955 59,766 Other noncurrent liabilities 7,148 8,416 ----- ----- Total liabilities 70,103 68,182 Total stockholders' equity 162,905 143,394 ------- ------- Total liabilities and stockholders' equity $233,008 $211,576 ======== ========

    (C) 2012 GP Strategies Corporation. All rights reserved. GP Strategies and the GP Strategies logo design are trademarks of GP Strategies Corporation.

    (Logo: http://photos.prnewswire.com/prnh/20120327/MM77734LOGO )

    Photo: http://photos.prnewswire.com/prnh/20120327/MM77734LOGO
    PRN Photo Desk, photodesk@prnewswire.com GP Strategies

    CONTACT: Scott N. Greenberg, Chief Executive Officer, +1-410-379-3640,
    Sharon Esposito-Mayer, Chief Financial Officer, +1-410-379-3636, or Ann M.
    Blank, Investor Relations, +1-410-379-3725

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




    Endomondo And POWERADE(R) Add Hydration Guide To Mobile Fitness App

    SAN FRANCISCO, Nov. 1, 2012 /PRNewswire/ -- Hydration is essential to any physical activity, which is why the new alliance between POWERADE((R)) and Endomondo, the app-based social fitness community with over 12 million users worldwide, triggered the creation of a new hydration function within Endomondo.

    (Logo: http://photos.prnewswire.com/prnh/20120126/MM42999LOGO)

    Research shows dehydration resulting in as little as 2 percent body mass decrease can reduce physical and mental performance. The new Endomondo POWERADE hydration meter aids effective functioning of the body, promoting greater health and well-being.

    The collaboration between POWERADE, part of The Coca-Cola Company, and Endomondo unites communities around the world with needed tools to reach fitness goals. Endomondo offers cutting edge technology, supported by location-based GPS, and social networking capabilities motivating users toward fun and fitness. Endomondo is also launching the POWERADE Challenge that rewards those exercising. Join the challenge at http://www.endomondo.com/challenges.

    Emmanuel Seuge, The Coca-Cola Company's Head of Worldwide Sports and Entertainment Marketing, said "Endomondo's vision of a world where everyone exercises is a vision shared by both organizations. The collaboration is intended to motivate fitness fans to compete while building strength and conditioning so everyone becomes better all-round athletes."

    Christian Birk, Co-founder of Endomondo, said, "We are excited to announce Endomondo's first-ever global brand collaboration. This relationship with POWERADE will pull together the innovative resources from both partners to create new, unique experiences that help people around the world have fun while leading a more active lifestyle."

    About Endomondo:

    Endomondo is a social fitness network that makes exercising fun. Endomondo's mobile apps utilize GPS technology and record a full history of workouts for distance-based activities. Additionally, the app and Endomondo.com website offer social interaction and motivation. Endomondo operates on almost all GPS phones.

    About The Coca-Cola Company:

    The Coca-Cola Company is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. Led by Coca-Cola, the world's most valuable brand, our Company's portfolio features 15 billion dollar brands including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, Powerade, Minute Maid, Simply, Georgia and Del Valle. Globally, we are the No. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Through the world's largest beverage distribution system, consumers in more than 200 countries enjoy our beverages at a rate of 1.8 billion servings a day. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that reduce our environmental footprint, support active, healthy living, create a safe, inclusive work environment for our associates, and enhance the economic development of the communities where we operate. Together with our bottling partners, we rank among the world's top 10 private employers with more than 700,000 system employees. For more information, please visit www.thecoca-colacompany.com or follow us on Twitter at twitter.com/CocaColaCo.

    Media Contacts:
    Mette Lykke, Co-founder of Endomondo
    media@endomondo.com
    +45 3076 1290

    Photo: http://photos.prnewswire.com/prnh/20120126/MM42999LOGO
    PRN Photo Desk, photodesk@prnewswire.com Endomondo

    Web site: http://www.endomondo.com/
    http://www.thecoca-colacompany.com/




    Acquity Group Limited to Issue Results for The Third Quarter 2012 on November 8; Conference Call Scheduled

    CHICAGO, Nov. 1, 2012 /PRNewswire/ -- Acquity Group Limited ("Acquity" or the "Company") , a leading global Brand eCommerce(TM) and digital marketing company, will report its unaudited financial results for the third quarter of 2012 before the markets open on Thursday, November 8, 2012. The Company has scheduled a conference call and webcast for investors at 8:30 a.m. EST on the same day to discuss the results.

    To access the call, please refer to the following conference call details:

    Date: Thursday, November 8, 2012 Time: 8:30 a.m. EST (please dial in by 8:15 a.m.) Dial-In #: (800) 920-8624 U.S. & Canada +1(617) 597-5430 International Confirmation code: 33160322

    Alternatively, the conference call will be webcast at www.acquitygroup.com by clicking the "Investors" tab. For those unable to participate, an audio replay will be available from 10:30 a.m. EST on Thursday, November 8, 2012 through midnight Thursday, November 15, 2012. To access the replay, please call (888) 286-8010 (U.S. & Canada) or +1(617) 801-6888 (International) and enter confirmation code 15242819. A web-based archive of the conference call will also be available at the above website.

    About Acquity Group Limited

    Acquity Group Limited is a leading Brand eCommerce(TM) and digital marketing company that leverages the internet, mobile devices and social media to enhance its clients' brands and e-commerce performance. It is the digital agency of record for a number of well-known global brands in multiple industries. Acquity Group Limited has served more than 500 companies and their global brands through eleven offices in North America and three offices in Asia. For more information about Acquity Group Limited, visit www.acquitygroup.com.

    Investor Relations Contacts:
    Jessica Barist Cohen
    Ogilvy Financial, New York
    Phone: +1(646)460-9989
    E-mail: aq@ogilvy.com

    Acquity Group LLC

    CONTACT: Walker Sands Communications, Emily Johnson, +1-312-267-2939,
    +1-330-506-9950, emily.johnson@walkersands.com

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




    Somfy Home Automation: Experience Security, Comfort and Energy Savings

    BEIRUT, Lebanon, November 1, 2012 /PRNewswire/ --

    Somfy Home Automation offers advanced features and innovation to transform your home into a haven of well-being and safety. A space that is in harmony with its environment. Somfy Home Automation means security, living comfort and energy savings. It also ensures you get the most out of your electric gates [http://www.somfy.com.lb/en-lb/home/decouvrir/our_products/gate.html ], roller shutters, electric garage doors and electric projector screen.

    Somfy Home Automation is all about security. With it, you can close all your home's openings in one simple click. This centralized solution ensures you'll never forget a window open. It also features presence simulation to control your house's systems as if it were occupied. Somfy Home Automation delivers feedback in real time. This checks the correct execution of an order and the status of each electric gate, roller shutter, electric garage door and electric projector screen (open/closed, on/off...). For added convenience, you can control and monitor equipment remotely, ensuring nothing has been forgotten and empowering you with the means to take action if needed.

    Somfy Home Automation embodies living comfort. Free yourself from repetitive everyday tasks like opening and closing shutters. With a single movement protect your privacy, eliminate annoying reflections, and ventilate a room or the entire house. Created your favorite ambiance and change the overall feel of your home in a few clicks. Make your home or office feel perfect.

    Somfy Home Automation is your key to saving energy. How? By automating the opening and closing of roller shutters [http://www.somfy.com.lb/en-lb/home/decouvrir/our_products/roller_shutter.html ] and solar protections, you improve the insulation of your home. This means less need for heating in winter and cooling in summer. Somfy Home Automation is a smart choice.

    Contact Somfy: Somfy http://www.somfy.com.lb Somfy Middle East & Africa Regional Office: Beirut, Lebanon TEL: +961-1-427-888

    Somfy



    Earnings Previews for Atmel, Ceragon Networks, Dragonwave, Anadigics, and Skyworks

    PRINCETON, N.J., Nov. 1, 2012 /PRNewswire/ -- Next Inning Technology Research (http://www.nextinning.com), an online investment newsletter focused on technology stocks, has published updated outlooks for Atmel , Ceragon Networks , Dragonwave , Anadigics , and Skyworks .

    So far, the roadmap Editor Paul McWilliams laid out for 2012 has been extremely accurate. In March, just two days before the market peaked and began its over two-month slide, he warned Next Inning readers that stock prices were peaking and a correction was headed our way. Following this, once the markets bottomed, he predicted we would see prices rally through the Q2 earnings season. As it turned out, this was one of the strongest rallies the market has seen in a very long time.

    However, following the close on September 14, 2012, McWilliams published his most recent Strategy Review and, in that, predicted again that the markets were due for another drop ahead of the November election. This time he nailed the year-to-date high to the day. If you are a tech investor, you'll want to be sure to read what McWilliams predicts will happen next.

    McWilliams spent a decades-long career in the technology industry and has earned a reputation for his skill in communicating complex technology trends to individual investors and professional analysts alike. His reports have won over readers with their ability to unravel the complexities of the industry and, more importantly, identify which companies are likely to be the winners and losers as technology trends change.

    McWilliams' highly acclaimed earnings previews are now being published, providing critical intelligence on dozens of tech sector firms ahead of their quarterly earnings reports. The reports, which identify the quarter's likely winners and losers, are available for free to Next Inning trial subscribers.

    To get ahead of the Wall Street curve and receive Next Inning's in depth earnings previews for free, you are invited to take a free, 21-day, no obligation trial with Next Inning. For full details on this offer, please visit the following link:

    https://www.nextinning.com/subscribe/index.php?refer=prn1487

    Editor Paul McWilliams' recent reports cover the following topics and more:

    -- Atmel: McWilliams suggested that Next Inning readers sell Atmel last spring when the stock was trading over $9. This locked in a gain of nearly 100% from his suggested buy point in mid-2010. With the price of Atmel now down roughly 50% from his suggested selling price, does McWilliams think the stock is poised for another rally? What did McWilliams see going wrong for Atmel earlier this year and has anything really changed other than the price?

    -- Ceragon and Dragonwave: Last November when Ceragon was trading over $9 McWilliams warned Next Inning readers that the company was headed for trouble. What event happened last year that led McWilliams to make this dire prediction? With Ceragon trading in the $3s and promising to lower its operating costs to generate positive cash flow, does he think it's time now to buy? Does he think Ceragon's forecast for falling revenue in calendar Q4 is an indication that its competitor, Dragonwave, will be forced to lower its guidance that called for a nominal sequential increase of about 4%? What does McWilliams think will work in Dragonwave's favor going forward and work against the interests of Ceragon?

    Anadigics: McWilliams boldly predicted Anadigics would post material revenue growth substantially above the estimates of all the analysts covering the stock. When Anadigics reported its results on Monday it topped even McWilliams' optimistic estimate. What does McWilliams say Wall Street is missing in the Anadigics' story and where does he think the stock price is heading?

    Skyworks: Skyworks competes head on with Anadigics and has the added benefit of being a strategic supply for Apple's new iPhone 5. Does McWilliams think that will lead Skyworks to post even better results than Anadigics? Why does McWilliams think the market is viewing Skyworks' exposure to Apple as a mixed blessing? What does he view as a reasonable price target for Skyworks in the near-term?

    Founded in September 2002, Next Inning's model portfolio has returned 220% since its inception versus 56% for the S&P 500.

    About Next Inning:

    Next Inning is a subscription-based investment newsletter that provides regular coverage on more than 150 technology and semiconductor stocks. Subscribers receive intra-day analysis, commentary and recommendations, as well as access to monthly semiconductor sales analysis, regular Special Reports, and the Next Inning model portfolio. Editor Paul McWilliams is a 30+ year semiconductor industry veteran.

    NOTE: This release was published by Indie Research Advisors, LLC, a registered investment advisor with CRD #131926. Interested parties may visit adviserinfo.sec.gov for additional information. Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

    CONTACT: Marcia Martin, Next Inning Technology Research, +1-888-278-5515

    Indie Research Advisors, LLC

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




    Activision to Sell Limited Edition Dog Tags to Benefit the Call of Duty Endowment'Get Tagged' and Help Raise Funds for Veterans' Employment Organizations

    SANTA MONICA, Calif., Nov. 1, 2012 /PRNewswire/ -- It's time to get tagged! Activision Publishing, Inc. today announced the sale of limited edition dog tags that will benefit the Call of Duty Endowment, a non-profit that helps veterans find jobs by assisting organizations that provide job placement and training services for veterans.

    The dog tags, which have a suggested retail price of $4.99, will be available starting November 1, 2012 throughout the holiday season in more than 12,000 stores across the country including GameStop, Walmart, Toys R Us, Best Buy and Target. Customers will find the dog tags in dedicated Call of Duty(R) sections and counter displays. Activision will be donating proceeds from the sales of the dog tags to the Call of Duty Endowment.

    Chief Executive Officer of Activision Blizzard and Founder and Co-Chairman of the Call of Duty Endowment, said, "Supporting our veterans as they re-enter the workforce is one of the most important priorities we have as citizens. Our youngest veterans -- those 18 - 24 years old-- currently face an unemployment rate that is almost twice the national average of their non-veteran peer group, and this is unacceptable. With the sale of our limited edition Call of Duty Endowment dog tags, we are urging Americans to join us in the support of our heroes as they attempt to re-join the workforce."

    About Activision Publishing:
    Headquartered in Santa Monica, California, Activision Publishing, Inc. is a leading worldwide developer, publisher and distributor of interactive entertainment and leisure products.

    Activision maintains operations in the U.S., Canada, Brazil, Mexico, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, Norway, Denmark, the Netherlands, Australia, South Korea, mainland China and the region of Taiwan. More information about Activision and its products can be found on the company's website, www.activision.com.

    About the Call of Duty Endowment:
    The Call of Duty Endowment is a non-profit, public benefit corporation conceived by Bobby Kotick, CEO of Activision Blizzard. The organization seeks to help organizations that provide job placement and training services for veterans. For more information about the Call of Duty Endowment, please visit www.callofdutyendowment.org.

    ACTIVISION and CALL OF DUTY are registered trademarks of Activision Publishing, Inc. All other trademarks and trade names are the properties of their respective owners.

    Activision Publishing, Inc.

    CONTACT: Maryanne Lataif, SVP, Corporate Communications, +1-310-255-2704,
    mlataif@activision.com

    Web site: http://www.activision.com/
    http://www.callofdutyendowment.org/

    Company News On-Call: http://www.prnewswire.com/comp/007396.html




    RSCC and Eutelsat Partner on Long-term Roadmap for Advanced Satellite Resources in Russia

    MOSCOW and PARIS, November 1, 2012 /PRNewswire/ --

    - New RSCC satellite programme for 36degree(s) East neighbourhood to expand digital infrastructure in Russia - Agreement to expand DTH broadcasting in Far East Russia from 140degree(s) East

    RSCC (the Russian Satellite Communication Company), the state-owned Russian satellite operator, and Eutelsat Communications , Europe's longstanding satellite operator, today announced an agreement whereby Eutelsat will lease capacity for broadcasting and IP services on two RSCC satellites to be launched in 2013 and 2015. The contracts for Eutelsat's two 15-year leases are valued at approximately EUR300 million.

    RSCC's satellite expansion plans include two new programmes: Express- 2 that will be launched to 140degree(s) East in 2013, and Express-AMU1 that will be launched in 2015 to provide follow-on and expansion capacity for EUTELSAT 36A at the 36degree(s) East position.

    Express- 2 will more than double Ku-band capacity for satellite broadcasting at the key video neighbourhood serving Russia's Far East region. The satellite is already under construction by ISS Reshetnev using a payload designed by Thales Alenia Space.

    Express-AMU1 will be a state-of-the-art high-capacity satellite with up to 70 transponders. It will provide coverage of the European part of the Russian Federation in Ku and Ka bands, and also ensure service continuity and growth for broadcast markets developed by Eutelsat in sub-Saharan Africa. The satellite will transform the broadcasting infrastructure at 36degree(s) East into a broader system to support more television services and IP-based applications to match the development of Russia's digital entertainment market. More than 11 million Direct-to-Home antennas in Russia are already pointed at this leading video neighbourhood, subscribing to the premium NTV+ platform or to Tricolor, one of the world's fastest-growing TV platforms. The new satellite's manufacturer will be selected by the end of 2012 following an RFP. Eutelsat will commercialise the capacity under the name EUTELSAT 36C.

    Eutelsat CEO, Michel de Rosen, said: "We are delighted to have built a solid relationship with RSCC over 15 years and that we have together decided to take this new step to partner on satellite ventureswhich will secure long-term visibility at the 36degree(s) East position and open new opportunities for business at 140degree(s) East. We share the common objective to continue to work together for the benefit of our customers and to deliver satellite resources that support the expansion of a vibrant digital economy for the Russian Federation."

    "With Eutelsat we go back many years, to 1997," Yuri Prokhorov, RSCC Director General, pointed out. "Over the past three years RSCC and Eutelsat have been moving towards a project that would essentially create new services that Russian satellite telecom users want: to view cutting-edge quality TV and personally participate in content formation, as well as have access to telecom service anywhere in the Russian Federation, both fixed and mobile."

    About RSCC

    The Russian Satellite Communication Company (RSCC) is the Russian state satellite operator whose spacecraft provide a global coverage. RSCC was founded in 1967 and belongs to the 10 largest world satellite operators in terms of satellites and orbital slots. The company possesses the largest satellite constellation in Russia located in the geostationary orbital arc from 14 West to 140 East and cover the whole territory of Russia, the CIS, Europe, the Middle East, Africa, the Asia Pacific region, North and South America, and Australia. The company includes five teleports - Satellite Communications Centers (SCC): Dubna, Bear Lakes, Skolkovo, Zheleznogorsk, Khabarovsk and the Shabolovka Technical Center in Moscow as well as its own high-speed optical-fiber digital network. As the national satellite operator RSCC meets the important state tasks on providing mobile presidential and governmental communications, federal TV & Radio signal transmission over the territory of Russia and the most countries of the world. The company pays serious attention to implementing national projects. RSCC closely interacts with the Russian state authorities in the field of informational and telecommunications and broadcast systems development. RSCC provides a full range of communications and broadcasting services using its own terrestrial engineering facilities and satellite constellation including up-to-date spacecraft of Express-AM and Express-A series, Express-MD1, Bonum-1, and a part of the EUTELSAT 36A (W4) satellite capacity. The company's satellites offer wide opportunities to establish TV & Radio broadcasting inclusive DTH, IPTV, MPEG-4 services, broadband Internet access, data transmission, videoconferencing, VSAT network deployment, departmental and corporative communications networks worldwide. The company has its own satellite TT&C system. At present, RSCC controls and monitors the Eutelsat, Intelsat, etc. satellites using its engineering facilities. http://www.rscc.ru

    About Eutelsat Communications

    Eutelsat Communications is the holding company of Eutelsat S.A. With capacity commercialised on 29 satellites that provide coverage across Europe, as well as the Middle East, Africa and significant parts of Asia and the Americas, Eutelsat is one of the world's three leading satellite operators. As of 30 September 2012 Eutelsat's satellites were broadcasting more than 4,400 television channels to over 200 million cable and satellite homes in Europe, the Middle East and Africa. The Group's satellites also serve a wide range of fixed and mobile telecommunications services, TV contribution markets, corporate networks, and broadband markets for Internet Service Providers and for transport, maritime and in-flight markets. Eutelsat's broadband subsidiary, Skylogic, markets and operates high-speed Internet services through teleports in France and Italy that serve consumers, enterprises, local communities, government agencies and aid organisations in Europe, Africa, Asia and the Americas. Headquartered in Paris, Eutelsat and its subsidiaries employ just over 750 commercial, technical and operational professionals. This culturally diverse staff comprises employees from 30 countries. http://www.eutelsat.com

    Eutelsat Communications and RSCC

    CONTACT: Press: Vanessa O'Connor, +33-1-53-98-37-91, voconnor@eutelsat.fr;
    Frederique Gautier, +33-1-53-98-37-91, fgautier@eutelsat.fr. Investors and
    analysts: Lisa Finas, +33-1-53-98-30-92,
    investors@eutelsat-communications.com; Leonard Wapler, +33-1-53-98-31-07,
    investors@eutelsat-communications.com. RSCC: pr@rscc.ru




    Jump-start Bluetooth(R) low energy smartphone app development in minutes with TI's SensorTag kitSimplified design with free, downloadable SensorTag App and sample applications requiring no hardware or embedded software development

    DALLAS, Nov. 1, 2012 /PRNewswire/ -- Texas Instruments Incorporated (TI) , leading the industry with the most complete wireless connectivity portfolio for embedded applications, today announced the availability of its Bluetooth(R) low energy SensorTag kit. With a downloadable SensorTag App, sample applications, and no required hardware or software expertise, the kit removes the barriers to entry for smartphone app developers who want to take advantage of the growing number of Bluetooth low energy-enabled smartphones and tablets. TI has integrated six sensors in the kit to enable countless applications such as health and fitness, educational tools, toys and remote controls, and mobile phone accessories that can be controlled by a consumer's smartphone, tablet or laptop. For more information visit: www.ti.com/sensortag-pr.

    Development is quick and simple. Developers unpack the SensorTag, download the free app to a smartphone, select a sample application, and demo an app in minutes using the SensorTag's sensors. This gives developers a viable starting point to making a smartphone "appcessory" prototype quickly using the CC2541 Bluetooth low energy system-on-chip (SoC). The CC2541 is supported by TI's royalty-free BLE-Stack(TM) software, technical documents, reference designs and the TI E2E(TM) connectivity support community. An appcessory is a gadget that uses smartphone apps for control and monitoring. See the SensorTag and appcessory examples in action in this SensorTag video.

    "For manufacturers, Bluetooth low energy enables a very simple and efficient way of connecting their application to the cloud through a smartphone, tablet or laptop. The SensorTag kit allows manufacturers to quickly and easily evaluate the benefits of adding Bluetooth low energy to their device or build new applications," said Oyvind Birkenes, general manager, Wireless Connectivity Solutions, TI.

    SensorTag kit and app details

    The SensorTag kit is currently aimed at iOS-based applications. The iOS SensorTag App used in the evaluation process can be downloaded for free here. TI plans to provide SensorTag Apps and support for Android and Windows 8 as more Bluetooth low energy-enabled devices roll-out.

    The SensorTag integrates six MEMS sensors from third parties including InvenSense (gyroscope), Kionix (accelerometer), Sensirion (humidity and temperature), TDK (barometer) as well as a magnetometer and TI's IR temperature sensor (TMP006). Additionally, several application developers have used the SensorTag to already deliver appcessories to market including Ace Sensor, Inc. and Byte Works, Inc.

    The CC2541-based SensorTag kit complements TI's Bluetooth offering as TI's dual-mode Bluetooth solutions including the CC2564 Bluetooth v4.0 dual-mode QFN device, BlueLink(TM) 7.0, WiLink(TM) 6.0, WiLink 7.0, and WiLink 8.0 solutions.

    Availability and price

    The SensorTag kit (CC2541DK-SENSOR) costs $25 and is available now on the TI eStore and from authorized distributors. The SensorTag will be demonstrated at electronica 2012 in Messe Munchen, Munich, Germany, in the TI booth 420 in Hall A4.

    Supporting quotes from sensor providers and app developers

    Dr. Jiwei Wang, CEO Ace Sensor, Inc.:

    "In the next few years, sensors around us will be indispensable for our health, safety and comfort. At Ace Sensor, we think Bluetooth low energy is the key enabling technology for connected sensors. TI's CC254x chips provide the most complete development environment as well as a vibrant support community which allow us to develop our smart health monitoring solutions and bring them to market in the shortest time frame."

    Mike Westerfield, president, Byte Works, Inc.:

    The TI SensorTag is the perfect platform for both EE and software engineers to explore Bluetooth low energy. Our company specializes in custom and off-the-shelf technical software. We were able to quickly access the six sensors in TI's Bluetooth low energy SensorTag, putting three of them to use to record the flight of a model rocket -- a perfect application for education!"

    Ali Foughi, vice president of marketing at InvenSense, Inc.:

    "InvenSense is pleased to collaborate with TI and leverage our market-leading gyroscope technology in the Bluetooth low energy SensorTag development kit. We are witnessing the rapid growth of Motion Interface technology into a broad array of consumer, industrial and medical device categories. Increasingly, the integration of low-power wireless technologies with InvenSense MotionTracking(TM) devices will enable developers to create new product concepts with high-volume potential."

    Paul Bryan, EVP of strategy and product management, Kionix:

    "Kionix is pleased to be included in the new TI SensorTag development kit. The CC2541 is the most advanced Bluetooth low energy device on the market and, combined with Kionix' low power accelerometers, allows developers to create new high performance products and applications that are more energy efficient than ever before. The SensorTag development kit will help unlock the creativity of designers and speed the development of many different sensor-based products."

    Vincent Hess, product manager, Sensirion:

    "Sensirion's integrated relative humidity and temperature sensor on TI's Bluetooth low energy SensorTag is a perfect contribution to meet the customer needs for personal health, a comfortable environment and energy efficiency. TI and Sensirion are enabling a wide range of applications such as in consumer products and gadgets, smart home applications, logistics and industrial solutions. The easy integration with TI products via digital I2C interface, the low power consumption and small size makes it a perfect match to TI Bluetooth technologies."

    Armin Schober, VP of the MEMS business unit, TDK:

    "We are pleased to contribute our EPCOS T5400 digital pressure sensor to TI's Bluetooth low energy SensorTag. The T5400 is the smallest digital barometric pressure sensor on the market, and we developed it specifically for the needs of mobile devices and their accessories. The T5400 enriches apps in the fitness and outdoor domain, for example, heart rate monitors, running shoes or bicycle computers combined with an altimeter to track altitude changes. T5400 also improves indoor navigation without an available GPS signal."

    Jason Cole, sensing product line manager, TI:

    "The inclusion of the TMP006, contactless IR temperature sensor, in the SensorTag kit enables customers to create innovative temperature measurement applications previously not possible in consumer applications. Pairing the TMP006 with the CC2541, a cutting-edge Bluetooth low energy SoC, showcases two extremely power efficient devices that are critical to battery-powered end-equipment."

    Find out more about TI's wireless connectivity solutions

    --  TI's SensorTag wiki: http://www.ti.com/SensorTag-wiki
    --  SensorTag App on iTunes:
    http://itunes.apple.com/us/app/ti-ble-sensortag/id552918064?mt=8
    --  TI's SensorTag video: www.ti.com/sensortag-pr-v
    --  TI's Bluetooth low energy solutions: www.ti.com/Bluetoothlowenergy
    --  TI's Bluetooth low energy wiki: www.ti.com/ble-wiki
    --  TI's wireless connectivity solutions: www.ti.com/wirelessconnectivity
    --  TI E2E wireless connectivity support community: www.ti.com/wicon-forum
    --  TI's wireless connectivity eNewsletter: www.ti.com/wcsnewsletter
    

    About Texas Instruments

    Texas Instruments semiconductor innovations help 90,000 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.

    Trademarks

    BLE-Stack, BlueLink, WiLink and TI E2E are trademarks of Texas Instruments. All other trademarks belong to their respective owners.

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

    CONTACT: Marisa Speziale, GolinHarris, +1-972-341-2521,
    mspeziale@golinharris.com; Helana Zhang, Texas Instruments,
    +1-214-479-3107, helana.zhang@ti.com (Please do not publish these numbers
    or e-mail addresses.)

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




    CombiMatrix Corporation Selects Cartagenia BENCHlab CNV Platform to Bolster Expanded Lab OperationsGrowing Clinical Laboratory to Use BENCH to Increase Throughput of Microarray Reporting

    BOSTON, Nov. 1, 2012 /PRNewswire/ -- Cartagenia, the world leader in providing genetic labs and clinicians software-based workflow support for variant assessment, lab reporting, and integration of diagnostic knowledge-bases, announced today that it has signed a license agreement for the Cartagenia BENCHlab CNV platform with CombiMatrix Corporation , a molecular diagnostics company.

    Irvine, CA-based CombiMatrix is a CLIA-certified and CAP-accredited, publicly-owned commercial clinical laboratory offering DNA-based genomic testing services in the areas of prenatal and pediatric developmental disorders and oncology. CombiMatrix has established itself as an industry leader in microarray-based clinical testing via a core team of microarray-pioneering physicians, scientists and technicians and has a strong commitment to both client and patient-focused service.

    BENCH will be used for the analysis, interpretation and reporting of microarray results in routine postnatal and prenatal settings. The flexible nature of the BENCH platform will allow it to be tailored to CombiMatrix's variant assessment and reporting workflow, significantly accelerating the interpretation and reporting process without disrupting the established operating procedures. Additionally, BENCH's architecture will allow integration and communication with existing IT systems at CombiMatrix.

    Richard D. Hockett, Jr., M.D.,Chief Medical Officer at CombiMatrix remarked, "With our lab operations and test volumes growing, it made perfect sense to select the Cartagenia BENCH platform at this time. We already perform hundreds of microarray analyses per month and having recently expanded testing for the prenatal marketplace, that number will grow even more. The automation provided by BENCHlab CNV gives us the ability to grow our array throughput while providing significant savings in both analysis and interpretation time and staffing. Another deciding factor was that Cartagenia clearly positions its solutions for clinical use in contrast to other software packages."

    "We are pleased and excited to be working with CombiMatrix," said Drew Arnold, Cartagenia's VP of Sales, North America. "Its selection of the BENCH platform is a strong validation of our approach and indicative of the efficiencies that BENCH can bring to diagnostic laboratories."

    Cartagenia successfully went through the process of implementing an ISO-certified quality management system and has registered the BENCH platform for variant interpretation and reporting as a Class 1 Medical Device with the FDA.

    "We want to provide a 'clinical grade' tool set to our customer and help labs building a reliable infrastructure for clinical use of high-throughput genomic technologies," Arnold added.

    About Cartagenia

    Cartagenia supplies diagnostic software, database systems, and related services to genetic labs and clinicians, enabling them to perform clinically relevant genetic analyses quickly and efficiently, and offer patients and careers high-quality genetic interpretation and counseling.

    The Cartagenia BENCH platform is built in collaboration with genetics labs and clinical experts involved in routine medical practice. Because of this, BENCHlab CNV addresses the specific needs of genetic diagnostic labs and clinicians.

    Cartagenia BENCHlab CNV is built using a certified ISO13485 Quality Management System and is marketed as an FDA regulated Class I Medical Device in the United States and as a Class I Medical Device in Europe in conformity with the essential requirements and provisions of the Council Directive 93/42/EEC concerning medical devices, and with the relevant harmonized standards EN ISO62304.

    www.cartagenia.com

    About CombiMatrix Corporation

    CombiMatrix Corporation, through its wholly owned subsidiary, CombiMatrix Molecular Diagnostics, Inc. (CMDX), is a molecular diagnostics laboratory that offers DNA-based testing services to the prenatal, pediatric and oncology markets. The Company performs genetic testing utilizing Microarray, FISH, PCR and G-Band Chromosome Analysis. CMDX offers prenatal and pediatric testing services for the detection of abnormalities of genes at the DNA level beyond what can be identified through traditional technologies. CMDX was also the first commercial clinical laboratory in the United States to make comprehensive DNA-based genomic analysis of solid tumors, including breast, colon, lung, prostate and brain tumors, available to oncology patients and medical professionals. Additional information about CMDX is available at www.cmdiagnostics.com or by calling 1-800-710-0624.

    Contact:
    CARTAGENIA
    Herman Verrelst
    CEO Cartagenia
    Technologielaan 3
    3001 Leuven
    T +32 16 40 40 66
    E herman.verrelst@cartagenia.com
    www.cartagenia.com

    ALLEN & CARON
    Len Hall
    VP Media Relations
    T 1 949 474 4300
    E len@allencaron.com
    www.allencaron.com

    Cartagenia

    Web site: http://www.cartagenia.com/
    http://www.cmdiagnostics.com/




    InterContinental Hotels Of San Francisco Offer Exclusive "Kitchen Passport" Culinary Experience for Local InfluencerSan Francisco Resident and Travel Expert Avital Andrews Teams with Michelin Star Chef Daniel Corey of Luce to Create New InterContinental Kitchen Cookbook iPad App Recipes

    SAN FRANCISCO, Nov. 1, 2012 /PRNewswire/ -- The InterContinental Hotels of San Francisco have teamed up with local travel expert Avital Andrews to work alongside the brand's top restaurant chefs and mixologists to craft new food and drink recipes for the InterContinental Kitchen Cookbook iPad app. The Kitchen Passport program - which also includes InterContinental properties in Atlanta, Boston and Miami - is yet another way the luxury hotel brand continues to elevate its world-class food and beverage program while offering users of its iPad app access to fresh and inspiring recipes created by InterContinental Hotels' executive chefs from around the world.

    The InterContinental San Francisco and the InterContinental Mark Hopkins San Francisco are the second series of hotels to host this experience. The properties recently invited Andrews to go behind the scenes of its Michelin Star-rated restaurant Luce to develop three new dishes with chef de cuisine Daniel Corey. The culinary duo worked together to create an appetizer, entree and dessert inspired by Northern California, which will be featured on the InterContinental Kitchen Cookbook iPad app by the end of 2012. The new dishes reflect the sophisticated yet approachable, modern American cuisine of the award-winning restaurant, while offering the perfect marriage of local flavors and global inspiration. This month Luce was awarded its fourth consecutive Michelin star rating, the second under Chef Daniel's culinary direction. The prestigious honor recognizes epicurean excellence and sets the benchmark for fine dining in the city.

    Andrews also worked with resident bartender Eric Hammermaster of Bar 888 at the InterContinental San Francisco - the nation's premiere grappa bar which features one of the finest selections of grappa and grappa cocktails in the country - to develop a new cocktail to complement the dishes, and lead bartender Thom Phan of the Top of The Mark Lounge at the InterContinental Mark Hopkins San Francisco - known for its stunning wraparound views of San Francisco and world famous 100 Martinis menu - to handcraft a specialty martini for the occasion.

    The InterContinental Buckhead Atlanta was the first property to host the Kitchen Passport experience in early October. The property invited Anne Dolce, cook editor of The Daily Meal to venture into the kitchen of its restaurant Southern Art to develop new dishes with acclaimed chef and restaurateur Art Smith. The pair worked together to create a Southern Oysters Rockefeller starter, a Vegan Cassoulet entree and a Persimmon Pound Cake dessert which reflect the Southern-inspired comfort food found on the restaurant's menu. The full recipes are now available for all to download and enjoy on the InterContinental Kitchen Cookbook iPad app. Dolce also worked with resident mixologist Arianne Fielder at the InterContinental Buckhead's Bourbon Bar to craft two specialty bourbon cocktails to complement the dishes.

    In November, the InterContinental Boston will invite an influencer to work with hotel executive chef Didier Montarou to concept three new recipes for the waterfront property's colorful cornucopia of restaurants and bars. The program will highlight Miel Brasserie Provencale, Boston's first Provence-inspired brasserie; Sushi-Teq, a vibrant outlet featuring sushi paired with more than 75 different vintage tequilas; and RumBa, a rum and champagne bar which pays tribute to the legends and lore of Boston's historic rum trade period.

    The Kitchen Passport program will culminate in December at the InterContinental Miami's Toro Toro, the latest addition to the InterContinental Hotels repertoire of innovative restaurant concepts. The newly opened restaurant is the brain child of award-winning chef Richard Sandoval and will offer a menu of creative small plates informed by Hispanic cultures spanning the globe and an array of meats cooked rodizio-style. It will also feature a buzzworthy bar that specializes in craft cocktails made with ultra-premium Latin spirits, as well as a special bar menu.

    The InterContinental Kitchen Cookbook iPad app is filled with delicious recipes intended to bring the dishes of InterContinental Hotels' executive chefs from around the world into the homes of travelers. The app offers consumers the ability to build out shopping lists for each recipe, as well as access information about the associated InterContinental Hotel and book a reservation directly within the app.

    About InterContinental Hotels & Resorts
    InterContinental Hotels & Resorts has 169 hotels located in more than 60 countries with local insight that comes from over 60 years of experience. At InterContinental Hotels, we believe that superior, understated service and outstanding facilities are important, but what makes us truly different is the genuine interest we show in our guests. Our desire is to help guests make the most of their time. We connect our well-traveled guests to what's special about a destination, by sharing our knowledge so they enjoy authentic experiences that will enrich their lives and broaden their outlook. For more information, visit www.intercontinental.com, https://twitter.com/InterConHotels or http://www.facebook.com/intercontinental.

    Notes to Editors:
    IHG (InterContinental Hotels Group) (LON:IHG, NYSE:IHG (ADRs)) is a global organization with nine hotel brands including InterContinental(R) Hotels & Resorts, Hotel Indigo(R), Crowne Plaza(R) Hotels & Resorts, Holiday Inn(R) Hotels and Resorts, Holiday Inn Express(R), Staybridge Suites(R), Candlewood Suites(R), as well as our two newest brands, EVEN(TM) Hotels and HUALUXE(TM) Hotels & Resorts. IHG also manages Priority Club(R) Rewards, the world's first and largest hotel loyalty program with over 67 million members worldwide.

    IHG franchises, leases, manages or owns over 4,500 hotels and more than 666,000 guest rooms in nearly 100 countries and territories. With more than 1,000 hotels in its development pipeline, IHG expects to recruit around 90,000 people into additional roles across its estate over the next few years.

    InterContinental Hotels Group PLC is the Group's holding company and is incorporated in Great Britain and registered in England and Wales.

    Visit www.ihg.com for hotel information and reservations and www.priorityclub.comfor more on Priority Club Rewards. For our latest news, visit www.ihg.com/media, www.twitter.com/ihgplc, www.facebook.com/ihg or www.youtube.com/ihgplc.

    InterContinental Hotels

    CONTACT: Kristal McKanders, InterContinental Hotels & Resorts,
    +1-770-604-2082, kristal.mckanders@ihg.com

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




    KEMET Reports Second Quarter Fiscal Year 2013 Results

    GREENVILLE, S.C., Nov. 1, 2012 /PRNewswire/ -- KEMET Corporation (the "Company") , a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, today reported preliminary results for the second fiscal quarter ended September 30, 2012.

    Net sales for the quarter ended September 30, 2012 were $216.0 million and on a U.S. GAAP basis, the net loss was $24.9 million, or $(0.55) loss per basic and diluted share for the second quarter of fiscal year 2013 compared to net income of $14.3 million or a $0.27 per diluted share for the same quarter last year. The net loss for the quarters ended September 30, 2012 and 2011 include various items affecting comparability as denoted in the U.S. GAAP to Non-U.S. GAAP reconciliation below.

    Non-U.S. GAAP adjusted net loss was $6.2 million or $(0.14) loss per basic and diluted share for the second quarter of fiscal year 2013 compared to a $22.4 million Non-U.S. GAAP adjusted net income or $0.43 per diluted share for the same quarter last year. Non-U.S. GAAP adjusted gross margin increased to 16.3% compared to 15.2% in the prior quarter.

    "Revenue for this quarter came in about as we expected, more or less flat to slightly down from our first quarter, with a higher consolidated operating margin resulting in some improvement in our bottom line from a Non-GAAP basis over our first quarter as we forecasted. As with other technology companies the global economic conditions, primarily in Europe, will continue to provide headwinds into the next quarter for us," said Per Loof, KEMET's Chief Executive Officer. "We are focused on achieving improvement in our operating margins and bottom line even if revenues continue to decline in the near- term. Actions we have already implemented, and continue to implement, over the next two months will substantially change our cost structure in our fourth fiscal quarter ending March 31 and into our next fiscal year beginning in April. Our efforts are focused on improving our bottom line and returning to profitability as we enter our next fiscal year even under these tough economic conditions," continued Loof.

    About KEMET

    The Company's common stock is listed on the NYSE under the ticker symbol "KEM" . At the Investor Relations section of our web site at http://www.kemet.com/IR, users may subscribe to KEMET news releases and find additional information about our Company. KEMET applies world class service and quality to deliver industry leading, high performance capacitance solutions to its customers around the world and offers the world's most complete line of surface mount and through hole capacitor technologies across tantalum, ceramic, film, aluminum, electrolytic, and paper dielectrics. Additional information about KEMET can be found at http://www.kemet.com.

    QUIET PERIOD

    Beginning January 1, 2013, we will observe a quiet period during which the information provided in this news release and quarterly report on Form 10-Q will no longer constitute our current expectations. During the quiet period, this information should be considered to be historical, applying prior to the quiet period only and not subject to update by management. The quiet period will extend until the day when our next quarterly earnings release is published.

    CAUTIONARY STATEMENT ON FORWARD-LOOKING STATEMENTS

    Certain statements included herein contain forward-looking statements within the meaning of federal securities laws about the Company's financial condition and results of operations that are based on management's current expectations, estimates and projections about the markets, in which the Company operates, as well as management's beliefs and assumptions. Words such as "expects," "anticipates," "believes," "estimates," variations of such words and other similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in, or implied by, such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's judgment only as of the date hereof. The Company undertakes no obligation to update publicly any of these forward-looking statements to reflect new information, future events or otherwise.

    Factors that may cause actual outcome and results to differ materially from those expressed in, or implied by, these forward-looking statements include, but are not necessarily limited to the following:

    (i) adverse economic conditions could impact our ability to realize operating plans if the demand for our products declines, and such conditions could adversely affect our liquidity and ability to continue to operate; (ii) adverse economic conditions could cause the write down of long-lived assets or goodwill; (iii) an increase in the cost or a decrease in the availability of our principal raw materials; (iv) changes in the competitive environment; (v) uncertainty of the timing of customer product qualifications in heavily regulated industries; (vi) economic, political, or regulatory changes in the countries in which we operate; (vii) difficulties, delays or unexpected costs in completing the restructuring plan; (viii) equity method investments expose us to a variety of risks; (ix) acquisitions and other strategic transactions expose us to a variety of risks; (x) the inability to attract, train and retain effective employees and management; (xi) the inability to develop innovative products to maintain customer relationships and offset potential price erosion in older products; (xii) exposure to claims alleging product defects; (xiii) the impact of laws and regulations that apply to our business, including those relating to environmental matters; (xiv) subject to international laws relating to trade, export controls and foreign corrupt practices; (xv) volatility of financial and credit markets affecting our access to capital; (xvi) the need to reduce the total costs of our products to remain competitive; (xvii) potential limitation on the use of net operating losses to offset possible future taxable income; (xviii) restrictions in our debt agreements that limit our flexibility in operating our business; and (xix) additional exercise of the warrant by K Equity, LLC which could potentially result in the existence of a significant stockholder who could seek to influence our corporate decisions.


    KEMET CORPORATION AND SUBSIDIARIES Consolidated Statements of Operations (Amounts in thousands, except per share data) (Unaudited) Quarters Ended September Six Months Ended 30, September 30, ------------------------- ----------------- 2012 2011 2012 2011 ---- ---- ---- ---- Net sales $215,991 $265,514 $439,623 $555,370 Operating costs and expenses: Cost of sales 183,053 203,319 374,374 413,823 Selling, general and administrative expenses 27,983 28,355 55,238 58,631 Research and development 6,833 7,362 14,566 14,448 Restructuring charges 8,522 1,605 9,786 2,630 Goodwill impairment 1,092 - 1,092 - Write down of long-lived assets 4,234 - 4,234 - Settlement gain on benefit plan (1,675) - (1,675) - Net (gain) loss on sales and disposals of assets (31) (40) 73 83 Total operating costs and expenses 230,011 240,601 457,688 489,615 ------- ------- ------- ------- Operating income (loss) (14,020) 24,913 (18,065) 65,755 Other (income) expense: Interest income (26) (31) (57) (74) Interest expense 10,136 7,282 20,593 14,682 Other (income) expense, net (996) 1,297 515 1,202 Income (loss) before income taxes (23,134) 16,365 (39,116) 49,945 Income tax expense 1,787 2,047 3,558 3,778 Net income (loss) $(24,921) $14,318 $(42,674) $46,167 ======== ======= ======== ======= Net income (loss) per share: Basic $(0.55) $0.32 $(0.95) $1.10 Diluted $(0.55) $0.27 $(0.95) $0.88 Weighted-average shares outstanding: Basic 44,911 44,370 44,860 41,924 Diluted 44,911 52,230 44,860 52,307

    KEMET CORPORATION AND SUBSIDIARIES Consolidated Balance Sheets (Amounts in thousands, except per share data) September 30, March 31, 2012 2012 ---- ---- ASSETS (Unaudited) Current assets: Cash and cash equivalents $160,495 $210,521 Accounts receivable, net 99,160 104,950 Inventories, net 224,773 212,234 Prepaid expenses and other 41,041 32,259 Deferred income taxes 5,658 6,370 Total current assets 531,127 566,334 Property and equipment, net of accumulated depreciation of $773,184 and $761,522 as of September 30, 2012 and March 31, 2012, respectively 316,182 315,848 Goodwill 35,584 36,676 Intangible assets, net 40,102 41,527 Other assets 17,802 15,167 Total assets $940,797 $975,552 ======== ======== LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Current portion of long-term debt $1,576 $1,951 Accounts payable 82,156 74,404 Accrued expenses 88,623 89,079 Income taxes payable 622 2,256 Total current liabilities 172,977 167,690 Long-term debt, less current portion 359,621 345,380 Other non-current obligations 90,098 101,229 Deferred income taxes 4,788 2,257 Stockholders' equity: Preferred stock, par value $0.01, authorized 10,000 shares, none issued - - Common stock, par value $0.01, authorized 175,000 shares, issued 46,508 shares at September 30, 2012 and March 31, 2012 465 465 Additional paid-in capital 466,906 470,059 Retained deficit (123,727) (81,053) Accumulated other comprehensive income 6,658 12,020 Treasury stock, at cost (1,600 and 1,839 shares at September 30, 2012 and March 31, 2012, respectively) (36,989) (42,495) Total stockholders' equity 313,313 358,996 ------- ------- Total liabilities and stockholders' equity $940,797 $975,552 ======== ========

    KEMET CORPORATION AND SUBSIDIARIES Condensed Consolidated Statements of Cash Flows (Amounts in thousands) (Unaudited) Six Months Ended September 30, ------------------------------ 2012 2011 ---- ---- Net income (loss) $(42,674) $46,167 Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: Depreciation and amortization 23,177 $23,011 Amortization of debt discount and debt issuance costs 1,924 2,056 Net (gain) loss on sales and disposals of assets (31) 83 Stock-based compensation expense 2,506 2,175 Goodwill impairment 1,092 - Write down of long-lived assets 4,234 - Settlement gain on benefit plan (1,675) - Change in deferred income taxes 838 379 Change in operating assets (18,656) 18,438 Change in operating liabilities 2,520 (42,517) Other 121 1,197 Net cash provided by (used in) operating activities (26,624) 50,989 ------- ------ Investing activities: Capital expenditures (30,343) (20,105) Acquisition, net of cash received - (11,584) Net cash used in investing activities (30,343) (31,689) ------- ------- Financing activities: Proceeds from issuance of debt 15,825 - Deferred acquisition payments (6,617) - Payments of long-term debt (1,576) (4,084) Net borrowings (payments) under other credit facilities - (3,153) Proceeds from exercise of stock options 42 159 Debt issuance costs (275) (29) Change in restricted cash - (36,497) Net cash provided by (used in) financing activities 7,399 (43,604) ----- ------- Net decrease in cash and cash equivalents (49,568) (24,304) Effect of foreign currency fluctuations on cash (458) (584) Cash and cash equivalents at beginning of fiscal period 210,521 152,051 Cash and cash equivalents at end of fiscal period $160,495 $127,163 ======== ========

    Non-U.S. GAAP Financial Measures

    In this news release, the Company makes reference to certain Non-U.S. GAAP financial measures, including "Adjusted net income (loss)", "Adjusted net income (loss) per share", "Adjusted EBITDA" and "Adjusted gross margin". Management believes that investors may find it useful to review the Company's financial results as adjusted to exclude items as determined by management.

    Adjusted Net Income (Loss) and Adjusted Net Income (Loss) Per Share

    "Adjusted net income (loss)" and "Adjusted net income (loss) per share" represent net income (loss) and net income (loss) per share excluding restructuring charges related primarily to equipment moves and employee severance, write down of long-lived assets, ERP integration costs, plant start-up costs, stock-based compensation expense, goodwill impairment, amortization related to debt issuance costs and debt discount/premium, acquisition related fees, settlement gain on benefit plan, net foreign exchange gain/loss, net gain/loss on sales and disposals of assets, registration related fees and income tax effect on Non-U.S. GAAP adjustments. Management believes that these Non-U.S. GAAP financial measures are useful to investors because they provide a supplemental way to understand the underlying operating performance of the Company. Management uses these Non-U.S. GAAP financial measures to evaluate operating performance. Non-U.S. GAAP financial measures should not be considered as an alternative to net income, operating income or any other performance measures derived in accordance with U.S. GAAP.

    The following table provides reconciliation from U.S. GAAP net income (loss) to Non-U.S. GAAP adjusted net income (loss):

    U.S. GAAP to Non-U.S.GAAP Reconciliation Quarters Ended -------------- September 30, 2012 June 30, 2012 September 30, 2011 ------------------ ------------- ------------------ (Unaudited) (Amounts in thousands, except per share data) U.S. GAAP Net sales $215,991 $223,632 $265,514 Net income (loss) $(24,921) $(17,753) $14,318 Basic net income (loss) per share $(0.55) $(0.40) $0.32 Diluted net income (loss) per share $(0.55) $(0.40) $0.27 Excluding the following items (Non-U.S. GAAP) Net income (loss) $(24,921) $(17,753) $14,318 Adjustments: Restructuring charges 8,522 1,264 1,605 Write down of long-lived assets 4,234 - - ERP integration costs 2,099 1,676 1,918 Plant start-up costs 1,930 1,361 718 Stock-based compensation expense 1,242 1,264 984 Goodwill impairment 1,092 - - Amortization included in interest expense 954 971 1,012 Acquisition related fees 866 542 - Settlement gain on benefit plan (1,675) - - Net foreign exchange (gain) loss (442) 1,789 1,391 Net (gain) loss on sales and disposals of assets (31) 104 (40) Registration related fees - 20 77 Income tax effect of non-U.S. GAAP adjustments (1) (90) 4 406 --- --- --- Adjusted net income (loss)(excluding adjustments) $(6,220) $(8,758) $22,389 ======= ======= ======= Adjusted net income (loss) per share (excluding adjustments) Basic $(0.14) $(0.20) $0.50 Diluted $(0.14) $(0.20) $0.43 (1) The income tax effect of the excluded items is calculated by applying the applicable jurisdictional income tax rate, considering the deferred tax valuation for each applicable jurisdiction, and includes the income tax affect of law changes related to the utilization of net operating loss carryforwards.

    Adjusted EBITDA

    "Adjusted EBITDA" represents net income (loss) before net interest expense, income tax expense, and depreciation and amortization expense, adjusted to exclude: restructuring charges, write down of long-lived assets, ERP integration costs, plant start-up costs, stock-based compensation expense, goodwill impairment, acquisition related fees, settlement gain on benefit plan, net foreign exchange gain/loss, net loss on sales and disposals of assets, and registration related fees. We use "Adjusted EBITDA" to monitor and evaluate our operating performance and to facilitate internal and external comparisons of the historical operating performance of our business. We present "Adjusted EBITDA" as a supplemental measure of our performance and ability to service debt. We also present "Adjusted EBITDA" because we believe such measure is frequently used by securities analysts, investors and other interested parties in the evaluation of companies in our industry.

    We believe "Adjusted EBITDA" is an appropriate supplemental measure of debt service capacity, because cash expenditures on interest are, by definition, available to pay interest, and tax expense is inversely correlated to interest expense because tax expense goes down as deductible interest expense goes up; depreciation and amortization are non-cash charges. The other items excluded from "Adjusted EBITDA" are excluded in order to better reflect our continuing operations.

    In evaluating "Adjusted EBITDA", you should be aware that in the future we may incur expenses similar to the adjustments noted below. Our presentation of "Adjusted EBITDA" should not be construed as an inference that our future results will be unaffected by these types of adjustments. "Adjusted EBITDA" is not a measurement of our financial performance under U.S. GAAP and should not be considered as an alternative to net income, operating income or any other performance measures derived in accordance with U.S. GAAP or as an alternative to cash flow from operating activities as a measure of our liquidity.

    "Adjusted EBITDA" measure has limitations as an analytical tool, and you should not consider it in isolation or as a substitute for analysis of our results as reported under U.S. GAAP. Some of these limitations are:

    --  it does not reflect our cash expenditures, future requirements for
    capital expenditures or contractual commitments;
    --  it does not reflect changes in, or cash requirements for, our working
    capital needs;
    --  it does not reflect the significant interest expense or the cash
    requirements necessary to service interest or principal payment on our
    debt;
    --  although depreciation and amortization are non-cash charges, the assets
    being depreciated and amortized will often have to be replaced in the
    future, and our "Adjusted EBITDA" measure does not reflect any cash
    requirements for such replacements;
    --  it is not adjusted for all non-cash income or expense items that are
    reflected in our statements of cash flows;
    --  it does not reflect the impact of earnings or charges resulting from
    matters we consider not to be indicative of our ongoing operations;
    --  it does not reflect limitations on or costs related to transferring
    earnings from our subsidiaries to us; and
    --  other companies in our industry may calculate this measure differently
    than we do, limiting its usefulness as a comparative measure.
    

    Because of these limitations, "Adjusted EBITDA" should not be considered as a measure of discretionary cash available to us to invest in the growth of our business or as a measure of cash that will be available to us to meet our obligations. You should compensate for these limitations by relying primarily on our U.S. GAAP results and using "Adjusted EBITDA" only supplementally.

    The following table provides a reconciliation from U.S. GAAP net income (loss) to Adjusted EBITDA (amounts in thousands):

    Quarters Ended -------------- September 30, June 30, September 30, 2012 2012 2011 ---- ---- ---- U.S. GAAP Net income (loss) $(24,921) $(17,753) $14,318 Interest expense, net 10,110 10,426 7,251 Income tax expense 1,787 1,771 2,047 Depreciation and amortization 11,521 11,656 11,852 ------ ------ ------ EBITDA (1,503) 6,100 35,468 Excluding the following items (Non-U.S. GAAP): Restructuring charges 8,522 1,264 1,605 Write down of long-lived assets 4,234 - - ERP integration costs 2,099 1,676 1,918 Plant start-up costs 1,930 1,361 718 Stock-based compensation expense 1,242 1,264 984 Goodwill impairment 1,092 - - Acquisition related fees 866 542 - Settlement gain on benefit plan (1,675) - - Net foreign exchange (gain) loss (442) 1,789 1,391 Net (gain) loss on sales and disposals of assets (31) 104 (40) Registration related fees - 20 77 --- --- --- Adjusted EBITDA $16,334 $14,120 $42,121 ======= ======= =======

    Adjusted gross margin

    "Adjusted gross margin" represents net sales less cost of sales excluding adjustments which are outlined in the quantitative reconciliation provided below. Management uses Adjusted gross margin to facilitate our analysis and understanding of our business operations and believes that Adjusted gross margin is useful to investors because it provides a supplemental way to understand the underlying operating performance of the Company. Adjusted gross margin should not be considered as an alternative to gross margin or any other performance measure derived in accordance with U.S. GAAP.

    The following table provides a reconciliation from U.S. GAAP gross margin to Adjusted gross margin (amounts in thousands):

    Quarters Ended -------------- September 30, June 30, September 30, 2012 2012 2011 ---- ---- ---- U.S. GAAP Net sales $215,991 $223,632 $265,514 Gross margin $32,938 $32,311 $62,195 Excluding the following items (Non-U.S. GAAP): Plant start-up costs 1,930 1,361 718 Stock-based compensation expense 423 401 206 Adjusted gross margin $35,291 $34,073 $63,119 ======= ======= ======= Adjusted gross margin as a percentage of net sales 16.3% 15.2% 23.8%

    Contact:

    Dean W. Dimke
    Senior Director of Marketing
    Communications & Investor Relations
    deandimke@kemet.com
    954-766-2800

    William M. Lowe, Jr.
    Executive Vice President and Chief Financial Officer
    williamlowe@kemet.com
    864-963-6484

    KEMET Corporation

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




    C-17 Sustainment Team Wins Top Award for Government-Industry Partnership

    EAST HARTFORD, Conn., Nov. 1, 2012 /PRNewswire/ -- The C-17 Globemaster III Integrated Sustainment Program (GISP) was recently awarded the 2012 Secretary of Defense "Gerald R. Beck" Performance Based Logistics (PBL) system-level Award by the Secretary of Defense. The GISP team includes Pratt & Whitney, Boeing, and the U.S. Air Force. The award was presented at the Aerospace Industries Association Fall Product Support Conference in Charleston, S.C. on Oct. 30. Each C-17 is powered by four Pratt & Whitney F117 engines. Pratt & Whitney is a United Technologies Corp. company.

    The award is a joint development by the Secretary of Defense, Department of Defense and the Aerospace Industries Association, and acknowledges outstanding government-industry partnerships at the system, subsystem and component level. PBL is a logistics discipline that focuses on performance and capability rather than product or service alone.

    "Everyone here at Pratt & Whitney has worked very hard to provide the F117 engines with the proven performance, support and sustainment capability our customers expect," said Bev Deachin, vice president, Pratt & Whitney Military Programs and Customer Support. "We are truly honored to stand with the entire C-17 Globemaster PBL team and have our efforts recognized. We take pride every day in keeping our engines on wing and providing our customers with affordable readiness."

    In the past, the maintenance program for the C-17 engines has won the Aviation Week Charles B. Ryan Maintenance, Repair and Overhaul Award for applying commercial practices to a military program.

    Four Pratt & Whitney F117 engines, each rated at 40,440 pounds of thrust, enable the C-17 transport to carry a payload of 160,600 pounds, take off from a 7,600-foot airfield, and fly 2,400 nautical miles without refueling. With more than 9.5 million hours of proven military service and more than 40 million hours in commercial use, the F117/PW2040 reinforces Pratt & Whitney's promise to deliver Dependable Engines. Through Pratt & Whitney's ongoing investment in product improvements, the engine continuously surpasses established goals of time on wing and support turnaround time.

    The C-17 Globemaster III Integrated Sustainment Program provides support services such as forecasting, purchasing and material management for the C-17 and all C-17-unique support. This PBL partnership, which started in 1998 with service to 42 aircraft, now services 246 aircraft worldwide.

    There are currently more than 1,000 F117 engines managed through the GISP contract. Pratt & Whitney is able to provide significant benefits in performing all aspects of engine maintenance at four partner depot repair locations. The depots include the United Air Lines depot in San Francisco, Calif., the F117 Heavy Maintenance Center at the U.S. Air Force Air Logistics Complex in Oklahoma City, Okla., Pratt &Whitney's Columbus Engine Center in Columbus, Ga., and the U.S. Air Force Module Replacement Center at Joint Charleston Air Force Base in South Carolina.

    Pratt & Whitney is a world leader in the design, manufacture and service of aircraft engines, space propulsion systems and industrial gas turbines. United Technologies Corp., based in Hartford, Conn., is a diversified company providing high technology products and services to the global aerospace and commercial building industries.

    Shawn Watson
    Pratt & Whitney Military Engines
    860-565-9654
    Mobile: 860-371-5236
    Shawn.Watson2@pw.utc.com

    Pratt & Whitney



    Tata Consultancy Services Named a NYRR Senior Sponsor and the Exclusive IT Consulting Sponsor of the ING New York City Marathon

    NEW YORK, Nov. 1, 2012 /PRNewswire/ -- Tata Consultancy Services , the leading IT services, consulting and business solutions organization, has been named a New York Road Runners (NYRR) senior sponsor and the exclusive IT consulting sponsor for the 2012 ING New York City Marathon to be held on Sunday, November 4, 2012. This is the third consecutive year that TCS has sponsored all three major U.S. marathons, including the 2012 Boston Marathon (April 16) and 2012 Bank of America Chicago Marathon (October 7).

    At the ING New York City Marathon, TCS will serve as the inaugural presenting sponsor of the Marathon Lounge held at the Time Warner Center, a new initiative that will be open to the public throughout the Marathon weekend. The lounge will serve to provide visitors at the Time Warner Center with a slice of the Marathon experience including an interactive treadmill activity, pre-programmed with the marathon course, and a photo booth with backdrops of the course. In addition, there will be large plasma TV screens with continuous coverage of the marathon, free Wi-Fi internet service and mobile charging stations in a comfortable lounge setting. TCS is also the presenting sponsor of the Blue Line Lounge, the VIP finish line hospitality event, which will be held on marathon day at the Marathon Pavilion.

    "We are delighted to strengthen our partnership with NYRR and their premiere property, the ING New York City Marathon," said N. Chandrasekaran, chief executive officer and managing director for TCS. "I greatly admire each and every participant who has held themselves to one of the highest standards of excellence and exhibited an unwavering determination. As a company, we strive to maintain many of the same values that these participants represent."

    The company is expanding its relationship with the New York Road Runners and will also serve as an Official Sponsor of the New York Road Runner's Youth Jamboree and Mighty Milers Youth Programs. The Youth Jamboree is a free, all-day program that introduces children to running, jumping and throwing events while Mighty Milers is a youth in school running program to get kids moving and prevent obesity and illness.

    This year's marathon will feature 35 runners on Team TCS. In addition, a number of TCS employees will be competing in the New York Road Runner's Dash to the Finish 5K on Saturday, November 3, 2012.

    "Through our partnerships with the three major marathons in the United States, we have been able to share our company-wide mission of maintaining a healthy lifestyle and a commitment to well-being, excellence and achievement," said Surya Kant, President, North America, UK and Europe for TCS. "These events, with their unifying nature, serve as a great platform for employee engagement and engagement with the wider community."

    In sponsoring these events and in keeping with TCS' commitment to corporate sustainability, TCS will engage with runners, friends and family, and the broader community to share the company's commitment to health and fitness, specifically in support of the education and prevention of diabetes. A growing problem, diabetes afflicts an estimated 346 million people worldwide and 8.3% of Americans. All proceeds raised by Team TCS at the ING New York City Marathon will go to the American Diabetes Association.

    About Tata Consultancy Services Ltd (TCS)

    Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model(TM), recognized as the benchmark of excellence in software development. A part of the Tata group, India's largest industrial conglomerate, TCS has over 254,000 of the world's best-trained consultants in 42 countries. The company generated consolidated revenues of US $10.17 billion for year ended March 31, 2012 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.

    Follow TCS on Twitter.

    Subscribe to an RSS Feed of TCS Press Releases.

    About NYRR

    New York Road Runners was founded in 1958 when a small group of passionate runners vowed to bring running to the people. Over the past 54 years, NYRR has grown from a local running club to the world's premier community running organization. NYRR's mission is to empower everyone, of all ages and abilities--beginners and competitive athletes, the young and the elderly, adult professionals and underserved schoolchildren--to improve their health and well-being through the power of running and fitness.

    NYRR's races, community events, instruction and training resources, and youth programs give hundreds of thousands of people each year the motivation, know-how, and opportunity to start running and keep running for life. NYRR's premier event, the famed ING New York City Marathon, attracts the world's top pro runners and committed amateurs alike while also raising millions of dollars annually for charity and driving economic impact for the City. But NYRR is equally committed to the runners of tomorrow, passionately providing youth fitness programs that educate and inspire more than 100,000 kids in underserved communities in New York City, all 50 states, and around the world.

    Headquartered in New York City, NYRR implements a unique nonprofit model that teams contributed and earned income to make all its efforts possible. To learn more, please visit www.nyrr.org.

    About the ING New York City Marathon

    NYRR's premier event, the ING New York City Marathon is the most loved and most inclusive marathon in the world, attracting elite athletes and recreational runners alike for the challenge and thrill of a lifetime. The race has grown tremendously since it began in 1970 with just 127 runners racing four laps of Central Park. Now, almost 50,000 participants from all over the globe flock to New York City every November for an adrenaline-filled road tour of all five boroughs, starting on Staten Island at the foot of the Verrazano-Narrows Bridge and ending in Central Park. Some run for prize money or bragging rights, others for charity or their personal best. All are cheered on by more than two million live spectators and a TV audience of 330 million.

    Tata Consultancy Services

    CONTACT: Global, +91 22 6778 9999, pradipta.bagchi@tcs.com, or USA /
    Canada, +1-646-313-4594 m.mccabe@tcs.com, or Europe / UK, +32 22821927,
    abhinav.kumar@tcs.com, or India, h.ramachandra@tcs.com, +91 22 6778 9078,
    shamala.p@tcs.com, +91 22 6778 9081, or Asia Pacific, +65 9139 3668,
    sean.davidson@tcs.com, or Australia and New Zealand, +61 (2) 8456 2800,
    alex.goldrick@tcs.com

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




    Top Financial Services Firm Launches Electronic Signature Service Hosted on CIC's iSign(R) CloudFirm Integrates CIC's Secure, Compliant and Cost-Efficient iSign(R) Cloud Service to Further Streamline its Sales Process and Operations

    REDWOOD SHORES, Calif., Nov. 1, 2012 /PRNewswire/ -- Communication Intelligence Corporation ("CIC" or the "Company") (OTCQB: CICI), a leading supplier of electronic signature solutions and the recognized leader in biometric signature verification, today announced that a major U.S. financial services leader and current Company client with approximately a trillion dollars under management, integrated the electronic signature capabilities of CIC's iSign(R) Cloud service with its annuity sales technology platform.

    "We are pleased to announce this expansion of the relationship with one of our longest-standing financial services clients," stated Robert Williams, CIC's Vice President, Sales. "With this new high-security integration, CIC is providing true straight-through processing for annuity contracts, making it faster, easier and significantly more cost efficient. There is no need to print paper, gather handwritten signatures, forward documents to different signers and return them for completion. Our client will benefit from reduced back-office expenses, ease of tracking the transaction status, full audit record of the signing process, reduction of errors and automated electronic delivery of the signed documents."

    "The addition of the iSign(R) Cloud capabilities by this key client reflects the increasing adoption of Software-as-a-Service solutions in our target markets, where appropriate for the client's specific application," added Williams. "We expect this pay-per-transaction implementation to build upon the recurring part of our revenue stream, and is another example of our ability to efficiently and timely complete challenging enterprise integrations."

    About CIC

    CIC is a leading supplier of electronic signature products and the recognized leader in biometric signature verification. CIC enables companies to achieve truly paperless workflow in their electronic business processes by providing multiple signature technologies across virtually all applications. CIC's solutions are available both in SaaS and on-premise delivery models and afford "straight-through-processing," which can increase customer revenue by enhancing user experience and can also reduce costs through paperless and virtually error-free electronic transactions that can be completed significantly quicker than paper-based procedures. CIC is headquartered in Redwood Shores, California. For more information, please visit our website at http://www.cic.com. CIC's logo and iSign(R) are registered trademarks of CIC.

    Forward Looking Statements

    Certain statements contained in this press release, including without limitation, statements containing the words "believes", "anticipates", "hopes", "intends", "expects", and other words of similar import, constitute "forward looking" statements within the meaning of the Private Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual events to differ materially from expectations. Such factors include the following (1) technological, engineering, quality control or other circumstances which could delay the sale or shipment of products containing the Company's technology; (2) economic, business, market and competitive conditions in the software industry and technological innovations which could affect customer purchases of the Company's solutions; (3) the Company's inability to protect its trade secrets or other proprietary rights, operate without infringing upon the proprietary rights of others or prevent others from infringing on the proprietary rights of the Company; and (4) general economic and business conditions and the availability of sufficient financing.

    Contact Information:

    CIC
    Investor Relations & Media Inquiries:
    Andrea Goren
    +1.650.802.7723
    agoren@cic.com

    Communication Intelligence Corporation

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

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