Quantcast
Channel: Press Releases
Viewing all 1099 articles
Browse latest View live

Quadrant 4 Systems Corporation Reports Record Revenues and EBITDA in 2011 Year End Financial Results

0
0

ROLLING MEADOWS, IL--(Marketwire - July 13, 2012) - Quadrant 4 Systems Corporation (Quadrant) (PINKSHEETS: QFOR) reported its financial and operational results for the year end of 2011. The full filing can be seen at http://www.sec.gov/Archives/edgar/data/878802/000118518512001458/quadrant4systems10k123111.htm

Year End Financial Highlights for Twelve Months ended December 2011:

Revenues: Revenues for the year ended December 31, 2011 were $29,141,433 compared to revenues for the year ended December 31, 2010 of $15,233,596. The increase in revenues of $13,907,837 was primarily due to the acquisition of Quadrant 4 Solutions, Inc. in the first quarter of 2011 and the expansion of the core businesses to include SaaS and other solutions tools. Revenues were comprised of service-related sales of software programming, consulting and development services.

Cost of Revenues: The increase in cost of revenues of $9,381,488 was due to the increased number of consultants and employees resulting from the acquisition of assets. Cost of revenues is comprised primarily of the direct costs of labor and related expenses.

General and Administrative Expenses: The increase in general and administrative expenses of $1,362,301 was due to the increased staffing, management and overhead costs associated with the acquisition of assets. General and administrative expenses are comprised primarily of management and administrative payroll and related costs, office costs, overhead, staffing and support costs of the Company. 

Interest: The increase of interest costs of $904,177 was due to the additional long term debt of the seller's note payable and the increase of the note payable -- revolver on the increased accounts receivable resulting from the acquisition of assets and derivative expenses.

Net loss decreased as a result of the overall increase in revenues due to the various acquisitions.

Earnings before interest, taxes, depreciation and amortization ("EBITDA") for the year ended December 31, 2011 was $4,613,753 as compared to $1,449,615 on December 31, 2010.

Dhru Desai, Chairman of the Board and Chief Financial Officer, stated, "Although we experienced a long delay in completing the audit to be able to publish our year-end results, we are gratified that that our financial results were better than originally anticipated. Issues with scheduling and other issues arising from the transition from our prior audit firm contributed to the prolonged delay. Since the Company announced the appointment of Sassetti, LLP, as its new independent registered public accounting firm, I can confidently say that we are now on the right track in terms of a more efficient and timely dissemination of our financial filings for the future."

Again, to view the Company's current Form 10-K, please visit www.sec.gov or click on the following link:
http://www.sec.gov/Archives/edgar/data/878802/000118518512001458/quadrant4systems10k123111.htm

About Quadrant 4 Systems Corporation
Quadrant 4 Systems Corporation delivers end-to-end information technology solutions to its clients through a unique blend of consulting, software development & maintenance, cloud based products and technology from its global delivery centers. The company currently focuses on Financial Services, Health Care, Retail, Manufacturing and Telecommunication sectors with a broad spectrum of services and technology practices that include ERP, SCM, CRM, e-Commerce, m-Commerce, SFA, Microsoft, Java and Legacy platforms, BI/DW, testing, platform migration, web technologies and others. The company plans to enter the IT enabled and managed services sector and cloud based services through business acquisitions and/or combination opportunities in the near future to further execute its articulated business strategy.

Forward-Looking Statements
This release contains forward-looking statements which are subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statements of historical fact (including statements containing the words "believes," "plans," "anticipate," "expects," "estimates," and similar expressions) should be considered to be forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Exchange Act of 1934, as each is amended, for which the Private Securities Litigation Reform Act of 1995 provides a safe harbor. Certain factors (including but not limited to those risk factors identified from time to time in our filings with the Securities and Exchange Commission as well as changes in economic conditions; outcome of negotiations; changes in the Company's access to necessary capital; outcome of litigation; volatility of capital markets; variability and timing of business opportunities; changes in accounting policies and practices; the effects of internal organizational changes; adverse state and federal regulation and legislation; and the occurrence of extraordinary or catastrophic events and terrorist acts; or other unforeseen changes in circumstances) could cause actual results and conditions to differ materially from those projected in such forward-looking statements. We do not undertake any obligation to release publicly revised or updated forward-looking information, and such information included in this release is based on information currently available and may not be reliable after this date.


LexisNexis Vice President Dr. Flavio Villanustre to Deliver Keynote Address at WORLDCOMP'12 on Leading Edge Developments in Distributed Machine Learning to Help Organizations Better Glean Insight From Big Data

0
0

ATLANTA, GA--(Marketwire - July 13, 2012) - LexisNexis® Risk Solutions announced that Dr. Flavio Villanustre, vice president, technology architecture and product, will deliver a keynote address at WORLDCOMP'12 - The 2012 World Congress in Computer Science, Computer Engineering, and Applied Computing.

Dr. Villanustre will give a technical overview of leading edge developments in distributed machine learning utilizing the HPCC Systems platform that helps organizations glean knowledge from big data to solve problems quicker and compete more effectively. HPCC Systems® is the big data analytics and processing platform from LexisNexis Risk Solutions.

The rise of big data and the need to extract knowledge from it have made machine learning methodologies important to many industries. Data analysis techniques applied to, for example, large scale classification problems, recommendation systems, sentiment analysis, social graph traversal and fraud detection, are leveraged across different industries for industry knowledge, product development, customer insight and detection of important data patterns and trends. The effectiveness of organizations to solve problems, compete, or launch products to market will depend on their ability to quickly leverage the most appropriate algorithms and machine learning methods to quickly extract knowledge from big data to make critical decisions.

The keynote address titled "ECL and Distributed Machine Learning with the HPCC Systems platform" will focus on how machine learning algorithms can scale to big data processing, through parallel execution across multiple computing cores and interconnected commodity nodes, leveraging cost-efficient architectures. The keynote will also provide an overview of a programming language called Enterprise Control Language (ECL). The combined power of ECL and machine learning bypasses the challenges inherent in traditional data analysis, and gives organizations a competitive advantage.

As vice president of technology architecture and product, Dr. Villanustre is responsible for overall platform architecture strategy and new product development. Prior to 2001, Dr. Villanustre served in a variety of roles at different companies including Infrastructure, Information Security and Information Technology. In addition to this, Dr. Villanustre has been involved with the open source community for over 15 years through multiple initiatives. Some of these include founding the first Linux User Group in Buenos Aires (BALUG) in 1994, releasing several pieces of software under different open source licenses, and evangelizing open source to different audiences through conferences, training and education. He is a frequent speaker in the areas of data-intensive computing and machine learning, and has coauthored papers on parallel and data-intensive computing. Before his technology career, Dr. Villanustre was a neurosurgeon.

Session Title
Keynote Lecture 3
ECL and Distributed Machine Learning with the HPCC Systems Platform

When
07/16/2012 11:00 - 11:55a.m.

Where
WORLDCOMP'12
The Monte Carlo Theatre
The Monte Carlo Resort and Casino
3770 Las Vegas Blvd. South
Las Vegas, Nevada, 89109

About HPCC Systems®
HPCC Systems® (www.hpccsystems.com) from LexisNexis® Risk Solutions offers a proven, data-intensive supercomputing platform designed for the enterprise to process and solve big data analytical problems. As an alternative to legacy technology, HPCC Systems offers a consistent data-centric programming language, two processing platforms and a single, complete end-to-end architecture for efficient processing.

Connect with us on Twitter (@hpccsystems), Facebook (https://www.facebook.com/hpccsystems) and LinkedIn (http://www.linkedin.com/company/hpcc-systems).

About LexisNexis Risk Solutions
LexisNexis® Risk Solutions (www.lexisnexis.com/risk/) is a leader in providing essential information that helps customers across all industries and government predict, assess and manage risk. Combining cutting-edge technology, unique data and advanced scoring analytics, we provide products and services that address evolving client needs in the risk sector while upholding the highest standards of security and privacy. LexisNexis Risk Solutions is part of Reed Elsevier, a leading publisher and information provider that serves customers in more than 100 countries with more than 30,000 employees worldwide.

As Seen On TV, Inc. Reports Record Quarterly and Fiscal Year Revenues

0
0

CLEARWATER, FL--(Marketwire - July 13, 2012) - As Seen On TV, Inc. (OTCQB: ASTV), a direct response marketing company and owner of AsSeenOnTV.com, is pleased to report that it has filed its 10K for its fiscal year ended March 31, 2012. The results demonstrate the Company's continued commercialization ramp, since its private funding of approximately $14 million in August-November 2011. The second half of fiscal 2012 was particularly strong, given the Company's access to adequate capital. The Company believes it has successfully expanded its platform to monetize unique products through a variety of direct-to-consumer channels including its own AsSeenOnTV.com website, direct response television, television shopping networks, e-commerce marketplaces and retail outlets.

For the fourth quarter of the fiscal year 2012 (unaudited), revenues reached a record $4.8 million, an 850 percent increase from $505,000 in the fourth quarter of fiscal year 2011 (unaudited). The increase in revenue is primarily due to the introduction of a 4-in-1 Heater, endorsed by Montel Williams, in November 2011. A gross profit margin of approximately 10 percent was realized in the fourth quarter, up from a negative gross profit margin a year earlier. Operating loss for the fourth quarter increased $1.3 million, from $1.6 million in the fourth quarter of fiscal year 2011 to $2.9 million in the fourth quarter of fiscal year 2012. The increase in operating loss was primarily due to the introduction, ramp up of media spending and closeouts on the 4-in-1 Heater. The Company's net income for the fourth quarter increased $7.9 million, from a loss of $5.8 million in the fourth quarter of fiscal 2011 to a profit of $2.1 million in the fourth quarter of fiscal 2012. The resulting EPS is $0.07, as compared to a loss of ($0.53) a year earlier. Net income and results from the fourth quarter of fiscal year 2012 include non-cash warrant revaluation income of approximately $5 million.

Fourth quarter highlights include:

  • The Company's TRU Hair brand was featured on a major live television shopping channel as a "Today's Special" and generated approximately $1 million in gross retail sales in a single day.
  • Expanded distribution to include e-commerce marketplaces Groupon and Local.com.

For the fiscal year 2012 ended March 31, 2012, revenues were $8.2 million, a 500 percent increase from $1.4 million in the fiscal year 2011. A gross profit margin of 23 percent was realized in fiscal 2012 ended March 31, 2012, up from a negative gross profit margin a year earlier. Operating loss for fiscal 2012 increased $1.8 million, from $4.8 million in fiscal 2011 to $6.6 million in fiscal 2012. The net loss for fiscal 2012 increased $1.1 million, from a loss of $7.0 million in fiscal 2011 to a loss of $8.1 million in fiscal 2012. The resulting EPS loss is ($0.40), as compared to a loss of ($0.70) a year earlier.

Fiscal 2012 highlights include:

  • Raised $14 million through private placements with National Securities
  • Changed corporate name to As Seen On TV, Inc.
  • Executed a reverse stock split
  • Changed stock symbol to ASTV
  • Expanded Board of Directors by adding two experienced independent Directors
  • Launched Pitch Tank
  • Debuted a 30-minute infomercial with Montel Williams for a 4-in-1 Heater
  • Acquired TRU Hair beauty brand

As Seen On TV, Inc. continues to expand its primary channels of sales and distribution: its own AsSeenOnTV.com website, direct response television, television shopping networks, e-commerce marketplaces and retail outlets. Subsequent to the end of the fiscal year, the Company closed its asset purchase of AsSeenOnTV.com, and now fully owns what it believes to be the "Crown Jewel" of the direct response industry. During each month the Company had several product successes on major live television shopping channels. Several of the Company's products were featured in social media and e-commerce marketplaces, which represents a newly developed sales channel. The Company's retail strategy is in its development stage and remains a key initiative over the next year.

The funnel and pipeline for new products continue to broaden and remains very strong. Chairman Kevin Harrington's frequent appearances on television and tradeshows and speaking engagements continue to draw the attention of entrepreneurs and inventors. The Company is continually sought after for product development and television marketing partnerships.

Steve Rogai, CEO of As Seen On TV, Inc. stated, "We are very pleased with the business progress and financial performance of the quarter and fiscal year, particularly the second half of fiscal 2012, once we had access to adequate capital. Our product development efforts over the past few quarters have turned into several successful television marketing debuts and product sales. More recently, with the closing of our asset purchase of AsSeenOnTV.com, we are very excited to introduce a social media marketing campaign to further the growth and scope of our brand. We look forward to building a successful and long-lasting business for years to come."

Statement of Operations:

AS SEEN ON TV, INC. AND SUBSIDIARIES  
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS  
   
    Three Months Ended
March 31,
(unaudited)
    Twelve Months Ended
March 31,
 
    2012     2011     2012     2011  
                         
Revenues   $ 4,815,053     $ 505,297     $ 8,165,470     $ 1,354,238  
Cost of revenues     4,352,561       669,784       6,270,508       1,838,367  
                                 
Gross profit (loss)     462,492       (164,487 )     1,894,962       (484,129 )
                                 
Operating expenses:                                
  Selling and marketing expenses     1,575,879       --       3,517,765       --  
  General and administrative expenses     1,802,821       1,403,068       4,970,616       4,271,965  
                                 
Loss from operations     (2,916,208 )     (1,567,555 )     (6,593,419 )     (4,756,094 )
                                 
                                 
Other (income) expense:                                
  Warrant revaluation     (5,041,015 )     4,056,544       (5,452,436 )     1,935,256  
  Loss of extinguishment of debt     --       --       2,950,513       --  
  Revaluation of derivative liability     --       --       (209,351 )     --  
  Registration rights penalty     --       81,000       --       156,000  
  Interest income - related party     --       --       --       (10,440 )
  Other (income) expense     (611 )     (1,805 )     (10,076 )     (25,407 )
  Interest expenses - notes payable     954       (2,933 )     4,181,642       63,212  
  Interest expense - related party     --       59,844       23,271       104,783  
      (5,040,672 )     4,192,650       1,483,563       2,223,404  
                                 
Income/(loss) before income taxes     2,124,464       (5,760,205 )     (8,076,982 )     (6,979,498 )
                                 
Provision for income taxes     --       --       --       --  
                                 
Net income/(loss)   $ 2,124,464     $ (5,760,205 )   $ (8,076,982 )   $ (6,979,498 )
                                 
Income/ (loss) per common share:                                
  Basic   $ 0.07     $ (0.53 )   $ (0.40 )   $ (0.70 )
  Diluted   $ 0.07     $ (0.53 )   $ (0.40 )   $ (0.70 )
Weighted-average number of common shares outstanding:                                
  Basic     31,970,784       10,791,013       20,240,435       9,923,596  
  Diluted     31,970,784       10,791,013       20,240,435       9,923,596  
                                   

Balance Sheet:

AS SEEN ON TV, INC. AND SUBSIDIARIES  
CONDENSED CONSOLIDATED BALANCE SHEETS  
   
    March 31,
2012
(unaudited)
    March 31,
2011
 
             
             
ASSETS                
Current Assets:                
  Cash and cash equivalents   $ 4,683,186     $ 35,502  
  Accounts receivable, net     2,055,162       82,238  
  Advances on inventory purchases     304,702       --  
  Inventories     1,561,314       1,107  
  Deferred offering costs     --       63,500  
  Prepaid expenses and other current assets     262,163       46,370  
Total current assets     8,866,527       228,717  
                 
Investments, at cost, and Certificate of Deposit     50,000       150,000  
Property, plant and equipment, net     140,000       92,732  
Deposit on asset acquisition     729,450       --  
                 
Total Assets   $ 9,785,977     $ 471,449  
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY)                
Current Liabilities:                
  Accounts payable   $ 433,591     $ 332,833  
  Notes payable officer     --       91,219  
  Deferred revenue     33,750       88,652  
  Accrued interest related parties     --       2,354  
  Accrued registration rights penalty     156,000       156,000  
  Accrued expenses and other current liabilities     601,695       108,326  
  Notes Payable - Current Portion     28,737       9,714  
  Warrant liability     25,797,615       4,117,988  
Total current liabilities     27,051,388       4,907,086  
                 
Commitments and contingencies                
                 
Stockholders' equity (deficiency):                
  Preferred stock, $.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding at March 31, 2012 and March 31, 2011, respectively.     --       --  
  Common stock, $.0001 par value; 750,000,000 shares authorized at March 31, 2012 and 400,000,000 shares authorized at March 31, 2011, respectively, and; 31,970,784 and 10,791,013 issued and outstanding at March 31, 2012 and March 31, 2011, respectively.     3,197       1,089  
  Additional paid-in capital     --       3,460,597  
  Accumulated deficit     (17,268,608 )     (7,897,323 )
Total stockholders' equity (deficiency)     (17,265,411 )     (4,435,637 )
                 
Total liabilities and stockholders' equity (deficiency)   $ 9,785,977     $ 471,449  
                 

About As Seen On TV, Inc.
As Seen On TV, Inc. is a direct response marketing company and owner of AsSeenOnTV.com. We identify, develop and market consumer products for global distribution via TV, Internet and retail channels. As Seen On TV, Inc. was established by Kevin Harrington, a pioneer of direct response television. For more information go to www.AsSeenOnTV.com and www.TVGoodsInc.com.

Forward-Looking Statements:
Except for statements of historical fact, the matters discussed in this press release are forward-looking and made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future," "plan" or "planned," "expects," or "projected." These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control that may cause actual results to differ materially from stated expectations. These risk factors include, among others, limited operating history, difficulty in identifying and marketing products, intense competition and additional risks factors as discussed in reports filed by the company with the Securities and Exchange Commission, which are available at http://www.sec.gov.

Microsoft Honors Richard Knudson With 2012 MVP Award

0
0

WHEATON, IL--(Marketwire - July 13, 2012) - Magenium Solutions, LLC, a leader in providing Microsoft Dynamics® CRM solutions, proudly announces that Microsoft has recognized Richard Knudson, VP, Microsoft Dynamics CRM practice at Magenium Solutions, with a Most Valuable Professional (MVP) award. The award is given to those who demonstrate technical expertise, community leadership, and voluntary community contributions for the previous year. Mr. Knudson is one of 58 worldwide who have this designation for the Microsoft Dynamics CRM discipline.

"We are proud of Richard for again being awarded a Microsoft MVP for Microsoft Dynamics CRM," said Colleen LaMantia, Managing Partner, Magenium Solutions. "Richard is a vital part of Magenium Solutions, and as Vice President and Practice Manager for our Microsoft Dynamics CRM service area, he and his team bring the passion and commitment required to help others derive the utmost benefit in the use of Microsoft Dynamics CRM."

"I'm thrilled to be recognized by Microsoft as an MVP for Microsoft Dynamics CRM for the second year in a row," said Richard Knudson. "MVP status gives me great access to the product team, allows for intense interaction with my CRM MVP peers, and strengthens my influence on future product direction. Together, these allow me to be a more effective voice for people who use Microsoft Dynamics CRM every day, and for organizations that run their businesses on it."

Microsoft Dynamics CRM 2011 is an easy-to-use sales force automation and relationship-management system that improves the productivity of sales, service, and marketing professionals. It also delivers valuable insights for organizations of all sizes -- via the cloud or on premises. Organizations all over the world have used Microsoft Dynamics CRM to boost revenue, increase customer satisfaction and improve business relationships.

About Magenium Solutions

Magenium Solutions is a leading technology consulting firm serving the Chicago area. We are dedicated to delivering tangible benefits through enabling technologies that serve as the cornerstone to company growth strategies. Magenium specializes in business-driven technology services based on the Microsoft platform including Systems Management, Identity and Access Management, Virtualization and software solutions Microsoft Dynamics CRM, .NET development and Microsoft SharePoint. Magenium holds several Microsoft Silver competencies, placing us in the top 5% of Microsoft partners worldwide. We help clients grow their business, be more productive, stay competitive and reduce costs through the use of technology. To learn more, visit www.magenium.com or email info@magenium.com. Connect with Magenium on Facebook/MageniumSolutions and Twitter @magenium

Consumers Demand More On-the-Go TV Options According to Dyle Mobile TV Data Report

0
0

NEW YORK, NY and LOS ANGELES, CA--(Marketwire - July 13, 2012) - The Mobile Content Venture (MCV), a joint venture consisting of 12 major broadcast groups that operate the Dyle™ mobile TV service, today unveiled new research indicating that consumers are seeking various options for mobile TV consumption. The Dyle Mobile TV Data Report, conducted by Research Now, polled a representative sample of 510 U.S. consumers (Adults 18-54) to find out how live mobile television would fit into their lives. The Omnibus study revealed three important takeaways:

1. Live TV matters, and mobile TV consumption is additive: 85% of consumers have watched live TV in the past month, and 68% of respondents would watch more TV if they were able to watch it live on mobile devices while on-the-go.

2. Smartphones and tablets are key devices: over 50% of consumers would consider watching mobile TV on smartphones and tablets.

3. Mobile TV can help early distributors gain market share: 61% of consumers would be somewhat or very likely to switch cellphone providers to get mobile TV.

"These results show that live TV remains an important part of people's lives," said Salil Dalvi and Erik Moreno, Co-General Managers of the Mobile Content Venture. "As people upgrade to smartphones and tablets, live TV is a must-have service. Whether you are a wireless carrier or a cable/satellite operator, it seems clear that enabling the 'living room experience' on the go can be a smart business opportunity. The exciting part of all of this is that the technology to deliver this experience in a truly scaleable way is finally here."

Additional key findings from the study include:

  • Programming: Consumers want mobile TV to deliver news and weather, even with the ready availability of this content online. The survey indicates that consumers look to their local stations to help them decide what is important -- particularly when there is a breaking news story or weather emergency. The most anticipated types of programming to be viewed on live mobile TV by respondents include: local news and weather (81 percent), movies (79 percent), national news (75 percent), sitcoms (69 percent), sports (66 percent), children's cartoons (65 percent), drama (64 percent) and reality shows (53 percent).

  • Use cases: Mobile TV will offer consumers a variety of ways to stay entertained while on-the-go. While many people use email, Facebook and Twitter feeds as important productivity and communication tools, the data demonstrates that mobile TV provides a simple way to stay entertained when they don't have access to their main TV screen. Top mobile television use cases cited by respondents include: killing time while waiting (85 percent), entertainment while in transit (76 percent), entertaining kids in the car (74 percent), as an additional TV at home (63 percent), staying connected at sporting events (53 percent) at the gym (52 percent), and sneaking some TV time at work (44 percent).

For the full Omnibus results, visit http://www.dyle.tv/news/dyle-mobile-tv-data-report/ to download the full report.

About Dyle™ Mobile TV -- Dyle™ Mobile TV is offering consumers a new, easy way to experience and enjoy live broadcast television on their mobile devices at home or on-the-go. Available at no additional cost through 2012, the Dyle application enables live broadcast programming -- such as local and national news, as well as sports and entertainment content, utilizing the ATSC mobile DTV standard, on mobile devices featuring Dyle. With compatible devices launching in 2012, Dyle will be available in 35 US markets, potentially reaching 55 percent of the population, and will add additional network programming and hardware in the future. Dyle is operated by the Mobile Content Venture (MCV), a joint-venture of 12 major broadcast groups including Belo Corp., Cox Media Group, E.W. Scripps Co., Gannett Broadcasting, Hearst Television Inc., Media General Inc., Meredith Corp., Post-Newsweek Stations Inc. and Raycom Media, all of which are part of the standalone entity known as Pearl, LLC, as well as Fox, ION Television and NBC. For more information, visit www.dyle.tv.

CincyTech Invests in 20-Year-Old Entrepreneurs

0
0

CINCINNATI, OH--(Marketwire - July 13, 2012) - Capstory, a web application that allows friends to aggregate mobile-generated photos and text messages from multiple users into private "capsules" outside of social media, has launched with a $100,000 investment from CincyTech.

The investment is part of a larger seed-stage investment round that will be used to finish the user interface, complete the mobile version and increase beta users through roll-outs at college campuses.

Capstory operates as an enhanced shared photo album. It allows one friend to set up an easy-to-use online interface called a capsule. From this, that user sends invites to friends by text message or via email, inviting them to contribute photos and text messages to the capsule. The group of friends submits its photos and memorable quotes through text message to a number assigned by Capstory, allowing anyone with SMS to use their platform.

Users who have access to the capsule can comment on each other's pictures and memories -- and if they choose, easily push chosen content to Facebook. However, if friends decide a weekend or event is out of context or inappropriate for everyone to view, they can keep the capsule private on Capstory.

Capstory works like a group page on Facebook, where a number of people can contribute content. However, Capstory focuses on built-in privacy, instant sharing from mobile via SMS and displaying content more cleanly with a focus on photos and quotes.

Sharing in small groups instead of hundreds of friends allows people to be themselves and share content they would otherwise be unable to share more publicly. The end result is a story illustrated through text and photos from multiple perspectives external to traditional social media sites and Google searches.

The company was founded by two college friends who met as randomly assigned roommates in the Honors program at The Ohio State University. Suprasanna Mishra and Dustin Studer are both Ohio natives with a passion for technology and entrepreneurship.

"We took an impromptu trip to visit friends at Stanford one weekend and were meeting so many people and doing so many awesome things that we wanted to remember but would have been out of context and not appropriate to share with the hundreds of people we're connected to on Twitter and Facebook," said Mishra.

"We'd always been told not to post anything incriminating on our social media pages, but we wanted to be able to remember our inside jokes and pictures from the trip; so we decided we would create a private place for friends to collect and share memories."

Mishra founded Kite5 -- a website design company -- in 2008 when he was still in high school and was the recipient of the Cincinnati Innovates award in 2010 for his concert-centric web application, Stageshark. At Ohio State, he is studying neuroscience and entrepreneurship. Mishra was 19 when the CincyTech investment closed, making him the youngest entrepreneur in the CincyTech portfolio.

Studer started his first business in 2007 while he was in high school, a landscaping and lawn care company. He is studying biomedical engineering at Ohio State.

Capstory's initial market focus will be college students, ages 18-24, who are natives of social and photo sharing sites, go out with friends on weekends but are trying to maintain a professional outward appearance as they search for their first job.

"There are other companies trying to do what Capstory is building, but the company's emphasis on telling a story and its simple mobility are what set it apart from its competitors," said Justin Thompson, senior analyst at CincyTech.

About Capstory
Capstory is a web application that allows groups to aggregate mobile generated photos and text messages into a centralized dashboard called a capsule. Capsules can be external to social networking websites but can also push approved content into them quickly and easily. The startup is a Mason, Ohio, based LLC founded by Suprasanna Mishra and Dustin Studer in 2011.

About CincyTech
CincyTech is a public-private venture development organization that invests in startup businesses in high-tech industries in Southwest Ohio. With substantial support from Ohio Third Frontier and corporations, foundations, civic organizations and individuals here, it is stimulating the growth of venture-worthy companies in information technology, bioscience and advanced manufacturing.

BroadSoft to Announce Q2 Fiscal Results on August 6, 2012

0
0

GAITHERSBURG, MD--(Marketwire - July 13, 2012) - BroadSoft, Inc. (NASDAQ: BSFT) announced today that it will report financial results for the second quarter 2012 after market close on Monday, August 6, 2012. BroadSoft will hold a conference call on August 6, 2012 at 5:00 p.m. Eastern Time (ET) to discuss the Company's second quarter results.

To participate in the teleconference, callers can dial the toll free number 1-877-312-5517 (U.S. callers only) or +1-760-666-3772 (from outside the U.S.). The conference call can also be heard live via audio webcast at http://investors.broadsoft.com/events.cfm. To help ensure the conference begins on time, please dial in or connect via the web five minutes prior to the scheduled start time.

For those unable to participate in the live call, a recording of the call will be available two hours following the call at investors.broadsoft.com until August 13, 2012.

About BroadSoft:
BroadSoft is the leading provider of software and services that enable mobile, fixed-line and cable service providers to offer Unified Communications over their Internet Protocol network. The Company's core communications platform enables the delivery of a range of enterprise and consumer calling, messaging and collaboration communication services, including private brand exchanges, video calling, text messaging and converged mobile and fixed-line services.

Michael Miller From Que Publishing and Ramsom Koay From Thermaltake Are Featured on Let's Talk Computers (R)

0
0

NASHVILLE, TN--(Marketwire - July 13, 2012) - Guests from Que Publishing and Thermaltake will appear on radio talk show Let's Talk Computers.  Que Publishing, world's largest education publisher, is a Pearson (NYSE: PSO) company. Thermaltake is a major brand for people who build their own computers -- long known for computer cases, power supplies, CPU coolers and accessories -- and they've recently expanded their line to include extra-high performance mice, keyboards and headsets.

Michael Miller, Let's Talk Computers Industry Analyst and author of "The Ultimate Digital Music Guide," continues our series on "The History of Music Distribution."

Ramsom Koay, Let's Talk Computers Industry Expert on Power Supplies and Cases and Director of Marketing and Public Relations with Thermaltake, discusses  "How To Cool Your Computer CPU part 1."

To find out more about "How to Cool Your Computer CPU part 1," and to read a complete transcript of this interview go to:

http://www.thermaltakeusa.com/ltc_interviews/071412

Listen to the interviews at:
Que Publishing http://www.lets-talk-computers.com/guests/que/digital_music_f 
Thermaltake http://www.lets-talk-computers.com/guests/thermaltake/cool_cpu_a   

ABOUT LET'S TALK COMPUTERS

Let's Talk Computers, http://www.lets-talk-computers.com, ranks as one of the longest-running computer radio talk shows on the air since 1989. Produced in Nashville, Tennessee, it is broadcast via radio and to colleges and universities everywhere and on the Internet where any interviews can be heard anytime. New shows are uploaded in RealAudio and NetShow formats by Friday, 12:00 PM Central -- radio broadcasts begin airing the following day. Past interview segments are also available on the website.

To assist in evaluating both hardware and software under genuine working conditions, Let's Talk Computers utilizes the expertise and facilities of Total Solutions Inc. http://www.total-solutions.net

Support our Sponsors:
Nexus Group Inc. -- http://www.nxs.net -- The largest independent ISP in Tennessee, serving 87 counties, 3,000 businesses, 900,000 Public School Students, 65,000 Public School Teachers.

Let's Talk Computers is a trademark of the Let's Talk Computers Tennessee partnership. Any use of this trademark without written authorization is strictly forbidden and a violation of state and federal law.


CallidusCloud Selects Badgeville to Power MySalesGame

0
0

PLEASANTON, CA--(Marketwire - July 13, 2012) - Callidus Software Inc. (NASDAQ: CALD), announced today its partnership with Badgeville©, The Behavior Platform™ and leader in enterprise gamification, to deliver MySalesGame, CallidusCloud's™ new sales gamification solution to enhance performance and productivity across the entire sales ecosystem.

CallidusCloud's MySalesGame is a social sales performance management platform that drives selling behavior by publishing peer performance on key sales objectives in real time and providing social currency, redeemable for rewards. MySalesGame uses gamification techniques to revolutionize the way companies measure, motivate, train, coach and enable their sales force to take sales performance to the next level.

"Gamification is a way of harnessing people's natural competitive instincts and applying them to the sales process for improved engagement and performance," said Giles House, VP Marketing Communications and Products, CallidusCloud. "Badgeville's Behavior Platform enables us to deliver MySalesGame in rapid time across our product and partner ecosystem, including marketing automation, sales performance management and learning management, so that companies can start to enjoy the benefits of improved sales engagement."

Badgeville enables enterprises to incentivize high-value behavior across internal and external audiences. The company, which recently raised $25M in Series C funding, is a fast-growing SaaS startup, with over 175 customers worldwide in under two years of business. Badgeville's unique technology platform enables businesses to easily measure and influence behavior across their entire digital ecosystem of websites and applications.

"CallidusCloud selecting Badgeville to power MySalesGame signifies The Behavior Platform's clear dominance in gamification for serious enterprise businesses," said Kevin Akeroyd, SVP, Badgeville. "The innovative work the CallidusCloud team is doing to deeply embed gamification across all of their sales management applications is unprecedented. It offers a glimpse into the future of gamification for business, where incentives and rewards are ingrained in our everyday professional experiences."

MySalesGame is delivered as part of CallidusCloud's sales and marketing suite, a SaaS suite that is designed to help businesses drive enterprise engagement, sales performance management and sales effectiveness throughout the sales cycle with award-winning, multi-tenant cloud software. CallidusCloud offers the following SaaS and mobile solutions: candidate assessment tests for hiring, video interviews, marketing automation, quotes and proposals, sales enablement, sales coaching, sales commission management, learning management and content authoring, underpinned by analytics and enterprise gamification.

Follow our Sales Pulse blog, join us on LinkedIn and Facebook or follow us on Twitter for real-time updates.

About Badgeville
Badgeville (www.badgeville.com), The Behavior Platform, is the leading provider of gamification and social engagement solutions for world-class businesses, enabling companies in virtually every industry to influence and measure user behavior. Companies and organizations from across the globe use Badgeville's award-winning SaaS solution to increase customer loyalty, user engagement and employee performance. With 175 customers, Badgeville brings Game Mechanics, Reputation Mechanics, and Social Mechanics to world-class companies including Deloitte, EMC, Universal Music, Samsung, CA Technologies, Dell, Bell Media, NBC, The Active Network, and Recyclebank. Founded in 2010, Badgeville is based in Menlo Park, California and has offices in New York and Europe. Follow @Badgeville to learn more.

About Callidus Software
Callidus Software Inc. (NASDAQ: CALD) is the market and technology leader in sales effectiveness and cloud computing. Our customers gain a competitive advantage by maximizing sales cost efficiencies and driving improvements in sales effectiveness. CallidusCloud's award-winning multi-tenant SaaS applications set the standard for performance management of a company's sales force and channel partners. Over 2.5 million users rely on our solutions to power their performance. For more information, please visit www.calliduscloud.com.

©2012. Callidus Software Inc. All rights reserved. Callidus, Callidus Software, the Callidus Software logo, CallidusCloud, the CallidusCloud logo, TrueComp Manager, ActekSoft, ACom3, ForceLogix, Salesforce Assessments, iCentera, Webcom, Litmos, the Litmos logo, LeadFormix, Rapid Intake and 6FigureJobs are trademarks, service marks, or registered trademarks of Callidus Software Inc. and its affiliates in the United States and other countries. All other brand, service or product names are trademarks or registered trademarks of their respective companies or owners.

MoneyTV with Donald Baillargeon, 7/13

0
0

LOS ANGELES, CA--(Marketwire - July 13, 2012) - Ben Franklin and taxes, solar power, better sleeping, green technology, credit repair; this week on MoneyTV with Donald Baillargeon. MoneyTV is the internationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informative interviews with company CEOs, providing insights into their operations and outlooks for their futures.

Free information packages from the featured companies can be requested by sending an email to info@moneytv.net.

The television program can also be viewed online immediately at www.moneytv.net.

Featured companies on this week's program include:

XsunX Inc. (OTCBB: XSNX) CEO Tom Djokovich discussed the company's new facility, a $500,000 financing and the efforts towards product demonstrations to manufacturing customers.

EPIC Corporation (PINKSHEETS: EPOR) CEO Ron Tucker provided an update of recent company progress.

GreenGro Technologies, Inc. (PINKSHEETS: GRNH) CEO Donald Smith announced the company would be current with otcmarkets.com "within a few days."

Trycera Financial, Inc. (OTCBB: TRYF) (PINKSHEETS: TRYF) CEO Ray Smith announced a number of developments recently achieved by the company.

MoneyTV debuted in 1996 and is broadcast internationally in more than 180 million TV households in over 75 countries.

A complete menu of TV listings is available at the MoneyTV web site, http://www.moneytv.net

MoneyTV Executive Producer and Anchor Donald Baillargeon is also the host of MoneyRap Radio, http://www.moneyrap.com and the daily television program Global Financial News Minute with Donald Baillargeon.

MoneyTV with Donald Baillargeon television program, Copyright MMXII, all rights reserved. MoneyTV does not provide an analysis of companies' financial positions and is not soliciting to purchase or sell securities of the companies, nor are we offering a recommendation of featured companies or their stocks. Information discussed herein has been provided by the companies and should be verified independently with the companies and a securities analyst. MoneyTV provides companies a 3 to 4 month corporate profile with multiple appearances for a cash fee of $11,500.00 to $17,250.00, does not accept company stock as payment for services, does not hold any positions, options or warrants in featured companies. The information herein is not an endorsement by Donald Baillargeon, the producers, publisher or parent company of MoneyTV.

GlobeTrac Inc. Announces Name Change to Poly Shield Technologies Inc. and One-For-Three Reverse Split

0
0

BOCA RATON, FLORIDA--(Marketwire - July 13, 2012) - Poly Shield Technologies Inc., formerly "GlobeTrac Inc." (OTCBB:GBTRD) ("Company") announces that effective July 11, 2012, the Company changed its name to "Poly Shield Technologies Inc." (the "Name Change"). 

Also, effective July 11, 2012, the Company effected a consolidation of its issued and outstanding common stock on a one-for-three basis (the "Reverse Split"), without decreasing its authorized capital. Accordingly, the Company's issued and outstanding shares were decreased from 100,183,198 shares of common stock to approximately 33,394,000 shares of common stock (not accounting for fractional share interests being rounded up to the next whole share).

As a result of the Name Change and Reverse Split, the Company's common stock will trade under the symbol "GBTRD" for a period of 20 days commencing July 12, 2012. After 20 trading days, the appended "D" will be dropped from the Company's symbol.

On Behalf of the Board of Directors

Mitchell Miller, Director, President, and C.E.O

Forward Looking Statements

This press release contains forward-looking. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects", "intends", "estimates", "projects", "anticipates", "believes", "could", and other similar words. All statements addressing product performance, events, or developments that Poly Shield Technologies Inc. expects or anticipates will occur in the future are forward-looking statements. Because the statements are forward-looking, they should be evaluated in light of important risk factors and uncertainties. Should one or more of these risks or uncertainties materialize, or should any of Poly Shield Technologies Inc.'s underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on Poly Shield Technologies Inc.'s forward-looking statements. Except as required by law, Poly Shield Technologies Inc. disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. No stock exchange has reviewed nor accepts responsibility for the adequacy or accuracy of this release.

SOURCE Poly Shield Technologies Inc.

lynda.com Expert to Share Ideas for Teaching Beyond Classroom Walls at Campus Technology 2012 Summer Conference

0
0

CARPINTERIA, CA--(Marketwire - July 13, 2012) -  

WHO:
Laurie Burruss, education consultant for lynda.com, the award-winning online learning company

WHAT:
Will deliver a session titled "Beyond the Classroom Walls: Reinventing Yourself, Your Class and Your Teaching Methods" during Campus Technology's Annual Summer Conference.

WHEN:
The conference will take place from Monday, July 16 through Thursday, July 19, 2012.

Burruss will deliver the "Beyond the Classroom Walls: Reinventing Yourself, Your Class and Your Teaching Methods," session on Tuesday, July 17 from 2:30 - 2:55 p.m.

WHERE:
Campus Technology 2012 Summer Conference
Seaport World Trade Center
200 Seaport Boulevard
Boston, Mass.

DETAILS:
Teaching and learning models are rapidly changing, moving away from addressing what students need to focus on what students want to achieve personally. As teaching moves from the classroom to the cloud and online aggregated resources rapidly replace textbooks, this paradigm shift and the resulting innovative changes free teachers to rethink the traditional classroom and consider offering a variety of online resources that might be free, third party or open source.

During this session, Laurie Burruss, education consultant for lynda.com will draw on her extensive knowledge of new academic initiatives and her experience as a professor of interaction design to share with participants ways in which they can move their teaching methods beyond the traditional classroom walls to meet the demands of today's students. She will explore how teachers can leverage new technologies to create a blended learning environment supplemented by in-class and out-of-class resources. Additionally, Burruss will discuss how the teacher and students can evaluate as a group which activities should occur in valuable face-to-face time in the classroom and which can take place outside the walls of the classroom anywhere and at any time. Attendees will also learn about such areas as collaboration, project management, textbook replacement, online feedback, rubrics and rapid and agile iteration.

Burruss is currently a professor at Pasadena City College and a consultant in Education at lynda.com where she serves and supports academic initiatives, academic support and solutions, and evangelizes all things education in higher ed. Prior to starting at lynda.com, in July 2009, she served for 16 years as both a professor in Interaction Design as well as the director of the Pasadena City College Digital Media -- serving the state of California as a regional resource for collaboration between education, industry, and the community. Her passion is digital storytelling.

"Beyond the Classroom Walls: Reinventing Yourself, Your Class and Your Teaching Methods" is designed for professionals in the higher education field and campus environments who wish to learn how the latest technology can drive performance in education. Registration and additional details can be accessed at: http://events.campustechnology.com/events/ct-summer-educational-technology-conference/home.aspx

About lynda.com
lynda.com is an online learning company that helps anyone learn software, creative, and business skills to achieve their personal and professional goals. With a lynda.com subscription, members receive unlimited access to a vast library of high quality, current, and engaging video tutorials. New courses and topics are added every week at no extra cost. We carefully select the world's top experts who are the best in their field, passionate about their subject matter, and know how to teach. Members tell us that a lynda.com subscription instills self-confidence and unlocks a sense of accomplishment that they have not found anywhere else. With over one million individual, corporate, academic, and government members, lynda.com was recently ranked the 13th fastest-growing, privately-held education company in the U.S. by Inc. magazine.

IRD Announces Improved Second Quarter Fiscal 2012 Results

0
0

SASKATOON, SASKATCHEWAN--(Marketwire - July 13, 2012) - International Road Dynamics Inc. (TSX:IRD), the world's largest provider of Weigh-In-Motion systems and solutions for the global Intelligent Transportation Systems (ITS) market, today announced improved results for the three and six months ended May 31, 2012. Effective December 1, 2011 the Company adopted and is reporting under International

Financial Reporting Standards ("IFRS"). Please refer to the Company's Management Discussion and Analysis and financial statements for the period for a comprehensive description of the changes arising from the transition.

SECOND QUARTER HIGHLIGHTS:
  • Strong growth in toll system and higher-margin maintenance contract recurring revenues
  • Gross margin improves to 30.0% of revenues from 16.0% last year
  • EBITDA rises to $0.5 million from a loss of $1.0 million last year
  • Net income of $0.2 million or $0.02 per common share
  • New US funding bill bodes well for US markets

Revenues for the second quarter of fiscal 2012 were $10.6 million compared to $10.7 million for the same period last year. For the first six months of fiscal 2012 revenues were $19.5 million, consistent with $19.6 million last year. Solid gains in revenues of the Company's toll systems and higher-margin maintenance contracts were offset by reduced revenues from data collection systems and off-the-shelf product sales.

Revenues in the United States have increased in the first half of fiscal 2012 by 16% compared to the prior year and 3% for the second quarter as the business climate for the Company's products has improved in the US market. The Company expects U.S. revenues for fiscal 2012 will be higher than those achieved in fiscal 2011. Revenues in Canada during six months ended May 31, 2012 declined to $1.1 million from $1.7 million in the prior year due primarily to reduced revenues from project deliveries in the current year and a major project delivery in 2011. Management believes revenues in Canada for fiscal 2012 will be lower than those realized in fiscal 2011. Offshore sales revenues during the first six months of fiscal 2012 were $6.9 million compared to $8.0 million in the same period in fiscal 2011. The decline is primarily the result of lower off-the-shelf product deliveries to the Company's subsidiary in China, reduced revenues experienced by the Company's subsidiary in India, as well as significant system deliveries in Asia and Latin America during the first six months of last year. The Company's subsidiary in Chile continues to maintain its strong position in the Latin American market and, over the long term, the Company's subsidiary in India remains well positioned to take advantage of opportunities afforded by the significant expansion in highway and toll systems in the Southeast Asia region. With recent project awards and product orders the Company expects that offshore revenues in fiscal 2012 will be higher than those achieved in fiscal 2011.

In late June 2012 the US Congress approved a fully-funded bill running through the end of fiscal 2014 titled "Moving Ahead for Progress in the 21st Century (MAP21)". The bill reauthorizes the Federal-aid highway program at current funding levels plus inflation for two fiscal years. With the passing of this legislation, both short term and longer term transportation projects will be able to proceed given the availability of federal funding. A number of these projects may include ITS technology requirements wherein IRD offerings and solutions may apply and thus the passing of this legislation potentially provides IRD increased business potential in North American markets, depending on which specific projects are approved and funded. As a minimum, with the passing of this legislation, it is expected that current IRD US business levels will remain strong for the next two years.

"We are very pleased to see this important funding legislation approved by the US congress," stated Mr. Randy Hanson, Executive Vice President and COO. "Governments around the world recognize that improving their roadway and highway infrastructure is a key element in economic growth, and as a proven and well-respected supplier of products and systems to these global markets, we are confident IRD will benefit from these initiatives over the long term."

Gross margin as a percentage of revenues improved significantly to 30.0% in the second quarter of fiscal 2012 from 16.0% in the same prior-year period, and to 28.4% for the first six months of fiscal 2012 compared to 19.7% for the first six months of fiscal 2011. The increase was due primarily to a return to more normal gross margin levels following significant project delays experienced by the Company's subsidiary in India last year, and higher revenues from maintenance contracts in the current fiscal year.

"The turnaround in our Indian subsidiary, IRDSA, has been impressive and it continues to have a strong presence in that market. Additionally, we are seeing an increasing amount of revenue generated from recurring sources including data collection, ASP services, maintenance and operations contracts. This is consistent with our worldwide strategy and has resulted in an increase in revenue of almost 30% in this area since 2009", said Mr. Terry Bergan, President and CEO.

Administrative and marketing expenses were stable at $5.1 million through the first six months of fiscal 2012 compared to $5.0 million in the prior year. Net research and development expenditures remained consistent at 2.6% of revenue. Interest expense declined in the first six months of fiscal 2012 compared to the prior year period primarily due to a reduced level of debt.

The Company recorded earnings before interest, taxes, depreciation and amortization (EBITDA) of $0.5 million in the second quarter of fiscal 2012 compared to a loss of $1.0 million in the same prior-year period. For the first six months of fiscal 2012 EBITDA was $0.2 million compared to a loss of $1.4 million for the same period in fiscal 2011. The increase in EBITDA is primarily due to the higher gross margin and foreign exchange gains in the current year compared to losses in the prior year.

The Company generated net income of $0.2 million or $0.02 per common share in the second quarter of fiscal 2012 compared to a net loss of $(0.9) million or $(0.06) per share for the same period last year. For the first six months of fiscal 2012 the Company incurred a net loss of $(0.3) million or $(0.02) per common share compared to a net loss of $(1.6) million or $(0.11) per common share last year.

The Company's balance sheet at May 31, 2012 shows working capital of $7.0 million with a current ratio of 1.45 compared to $8.6 million and 1.58 at the same time last year. Cash flow from operating activities, after changes in non-cash working capital items, was $0.9 million through the first six months of fiscal 2012 compared to a use of cash of $2.1 million in the prior year. The Company's debt to equity ratio is 48.9% at May 31, 2012 compared to 44.6% a year ago.

Financial Highlights (financial statements are available on the Company's web site and SEDAR)
 
  Three Months   Six Months  
   
Period ended May 31, 2012   2011   2012   2011  
                 
(in $000's except per share amounts) $   $   $   $  
   
Revenue 10,573   10,717   19,489   19,634  
EBITDA 518   (983 ) 179   (1,356 )
Net earnings (loss) 235   (879 ) (277 ) (1,571 )
Net earnings (loss) per common share (Basic & Diluted) 0.02   (0.06 ) (0.02 ) (0.11 )
Total Assets         32,911   34,557  
Total Long-Term Financial Liabilities         -   2,256  
Working Capital         6,972   8,623  
Shareholders' Equity per Share         1.20   1.37  
Common Shares Outstanding         13,998   13,998  

Certain statements contained in this news release constitute forward-looking information within the meaning of securities laws. Implicit in this information, particularly in respect of future operating results and economic performance of the Company, are assumptions regarding projected revenue and expenses. These assumptions, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Readers are cautioned that actual future operating results and economic performance of the Company are subject to a number of risks and uncertainties, including general economic, market and business conditions and could differ materially from what is currently expected. For more exhaustive information on these risks and uncertainties, please refer to our most recently filed annual information form, available at www.sedar.com. Forward-looking information contained in this report is based on management's current estimates, expectations and projections, which management believes are reasonable as of the current date. You should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While we may elect to do so, we are under no obligation and do not undertake to update this information at any particular time unless required by applicable securities law.

IRD is a highway traffic management technology company specializing in supplying products and systems to the global Intelligent Transportation Systems (ITS) industry. IRD is a North American company based in Saskatoon, Saskatchewan Canada with sales and service offices throughout Canada, the United States and overseas. Private corporations, transportation agencies and highway authorities around the world use IRD's products and advanced systems to manage and protect their highway infrastructures.

The Company's shares trade on the Toronto Stock Exchange under the symbol IRD.

MDI Achieve Announces New President John Damgaard

0
0

MINNEAPOLIS, MN--(Marketwire - July 13, 2012) - MDI Achieve (www.mdiachieve.com), the leading provider of software to the eldercare industry, announced today the appointment of John Damgaard, a seasoned executive with an exceptional record in healthcare technology solutions, to the position of president, effective September 10, 2012. Damgaard will be responsible for directing the strategic operations of MDI Achieve, allowing CEO Marc Brunet to focus on Logibec's Canadian expansion initiatives. Damgaard's appointment reinforces MDI Achieve's commitment to providing innovative software solutions to the eldercare continuum.

"We are pleased to add an executive of John's caliber to our leadership team," said Marc Brunet, Chief Executive Officer. "Our decision to make the role of president a stand-alone one will enable us to increase the velocity and strength of our business. In his new role, John will guide MDI Achieve toward maintaining its position as the premier long-term care EHR leader with innovative technology and client-focused development," he added.

"Technology will continue to play a vital role in solving long-term care industry challenges as the healthcare landscape becomes more complex. John's comprehensive background in various areas, including client services, healthcare software solutions development, interoperability, sales, and marketing will serve us well in this new role and add significant value for our clients and partners," Brunet continued.

Damgaard, based in Minneapolis, will also oversee MDI Achieve's offices and teams in St. Louis and Dallas with his U.S. management team including Dennis Jakubowicz (Senior Vice President of Sales) and Kevin Whitehurst (Vice President of Client Services). He will report directly to Marc Brunet.

Most recently, Damgaard served as the Chief Operating Officer at Mediware Information Systems Inc. Prior to Mediware, Damgaard held business management and technical positions with CGN and Associates, Maytag Corporation and IBM. Damgaard earned an MBA from Bradley University and a Bachelor of Arts of Computer Science and Mathematics from the University of Northern Iowa.

About MDI Achieve
MDI Achieve's mission is leveraging technology to improve quality of life in the eldercare continuum. As the leading provider of software to the eldercare community, MDI Achieve achieves this mission with its broad product suite. Matrix helps eldercare providers achieve the best quality of care and optimize reimbursements through innovative technology and passionate expertise. MDI Achieve's REPS Leads is the industry's leading software solution for lead management, marketing, inquiry and referral source tracking and the company's Business Intelligence solutions provide easy-to-use tools to help executive personnel manage their organizations more effectively. For more information, visit www.MDIAchieve.com or call toll-free at 866-469-3766.

ServiceSource to Announce Second Quarter 2012 Financial Results

0
0

SAN FRANCISCO, CA--(Marketwire - July 13, 2012) - ServiceSource® (NASDAQ: SREV), the global leader in service revenue management, today announced that it will release its financial results for the second quarter ended June 30, 2012 after market close on Tuesday, July 31, 2012. ServiceSource will host a conference call to discuss the results at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) on the same day.

To access the call, please dial (877) 293-5486, or outside the U.S. (914) 495-8592, at least five minutes prior to the 1:30 p.m. PT start time. A live webcast of the call will also be available at http://ir.servicesource.com/events.cfm under the Events and Presentations menu. An audio replay will be available following the call by calling (855) 859-2056 or (404) 537-3406, with Conference ID 98178483. The replay will also be available on the Company's website at http://ir.servicesource.com.

About ServiceSource, Inc.
ServiceSource is the global leader in service revenue management, partnering with technology-based companies to optimize maintenance, support and subscription revenue streams, while also improving customer relationships and loyalty. ServiceSource helps customers increase service revenue contract renewal rates, on average, by over 15 percentage points and, in some cases, up to 44 percentage points. ServiceSource delivers these results via a cloud-based solution, combining its Service Revenue Performance Suite™ of applications with dedicated service sales teams, leveraging a proprietary Service Revenue Intelligence Platform™ of transaction data, benchmarks and best practices. ServiceSource offers its service revenue management solution on a unique pay-for-performance business model that enables a success-driven, shared-risk partnership. The Company is headquartered in San Francisco, and manages service revenue performance for customers across the globe in more than 35 languages.

ServiceSource and any ServiceSource product or service names or logos above are trademarks of ServiceSource International, Inc. All other trademarks used herein belong to their respective owners.

For more information on ServiceSource, visit http://www.servicesource.com. To connect with ServiceSource, visit us on Twitter, Facebook, LinkedIn and YouTube.


Smokers Utopia Announces New Rating System For E Cigarette Reviews

0
0

WAVERLY, Tenn., July 14, 2012 /PRNewswire/ -- A new e cigarette review website that was launched just a few months ago has announced that they are different from any other review site in the e cigarette industry. The claim comes from their rating system that does not cover opinion based factors like packaging, presentation or sales hype.

The website lays out in plain language how and why they claim to have the best e cigarette reviews on the web. The information states that five factors are used in determining the rating of each e cigarette company reviewed.

Price, customer service, warranty, selection and deceptive marketing techniques are the brutal issues covered on the companies that the general public buys from on a daily basis.

The websites also show special offers while pointing out the real cost of the products that reviewed companies are offering to the smoking public to make the buying decision transparent for the consumer.

"We want people to know what they are buying, who they are buying it from and if the company is using deceptive marketing to fool or give a false sense of security," states Teresa Peach of Smokers Utopia. "A prime example is misleading warranties. So, forgive us if we don't take kindly to deceptive marketing practices or excessive brandishing of a brand that really isn't unique. We want smokers to be able to get the best e cigarette starter kits of 2012 without fear of making the wrong decision."

The reviews on the site are simple and to the point, giving information that no other website on the web offers on each company, giving the power of knowledge to the consumer to make an informed decision when buying an e cigarette as an alternative to smoking tobacco.

Smokers Utopia is an e cigarette review website dedicated to making sure consumers are able to choose the best starter kit for their needs. Visit their website at http://www.smokersutopia.com.

This press release was issued through 24-7PressRelease.com. For further information, visit http://www.24-7pressrelease.com.

SOURCE Smokers Utopia

Candidate Missing

0
0

BOCA RATON, Fla., July 14, 2012 /PRNewswire-USNewswire/ -- One is forced to wonder if any foul play was involved, because the candidate(s) failed to appear for a scheduled forum.  According to the Mojave Valley Daily News several candidates are missing.  Those missing include a candidate for U.S. Congress, State Senate and County Commissioner.  Is there a remote possibility that the missing candidates could be tied to the events reported in the Argus Leader where it was stated that  28 candidates in competitive primaries had not filed campaign finance reports?  The Argus Article was headlined, "Political Smokeout," and may have contained disclosures too hot for some candidates and their backers to handle.

In the meantime a council member reported that a "substantial sum of money" is missing and had been stolen from his campaign account, and that he was "working with investigators to determine the amount," according to the Washington Post.  However, NTV News, and affiliate of the ABC Network, reported that both the Republican and Democratic candidates for the U.S. Senate were "missing" after the primary election. Yes, and even Congressman Jessie Jackson, Jr. is missing and being tracked down.

Disappearing or missing candidates seem to be a problem in our society.  To avoid that problem, candidates just need to turn to www.todayscandidates.com.  This is the only known national candidate registry where candidates and their views can be found all of the time.  It is simple, non-partisan and inexpensive to register.  In fact, the names of many candidates from around the country have already been listed and are just waiting for the "full story" build out by the candidates or their supporters.  One registration covers the candidate for the full election cycle, and if successfully elected the "candidate" can re-register at the same low fee to carry the registration to the next election cycle.  Candidates for President and dog catcher pay the same $60.00 fee. 

Todayscandidates.com registration includes the opportunity to incorporate videos, photos, blogs, policies and endorsements.  It is really user friendly.

On the other hand, how many members of Congress do Americans want to really disappear?  www.Todayscandidates.com  current survey not only asks the public if they want to keep their member of congress, but it also asks the members' party affiliation. The survey will run throughout July, and  results will be released at the end of the survey period.

Contact:

Donald Cleveland, Editor


Todayscandidates.com


Day: 561-338-7488


Cell: 954-675-8529

SOURCE TodaysCandidates.com

How SooBest Wins: E-commerce 2.0 Model & Multi-channel Marketing

0
0

GUANGZHOU, China, July 14, 2012 /PRNewswire-Asia/ -- It is a war without fire here where so many professionals today are competing for a bigger slice of the e-commerce cake. During the past few years, however, this battlefield has seen a rapid rise of a new name called SooBest. This company, from its emergence, to its development, and now to its accomplishment, has been grabbing major attention. As can be quite easily seen, SooBest is indeed playing big, but far from merely a B2C company dealing with foreign trades. So many are wondering what kind of company SooBest is, and what it has got to distinguish itself.

E-commerce 2.0 Model

SooBest has been growing fast. In just a few years' time, it has expanded its domain from the initial product lines of electronic items and wedding dresses, to party dresses, smart phones, fashion watches, home decor, sexy intimates, beauty products, fashion jewelry, remote control models, etc. Currently, SooBest has covered 150,000 kinds of products in 14 categories.

As the name suggests here, the transnational B2C business refers to direct deals between Chinese manufacturers and foreign consumers. Gone are the transnational B2C 1.0 times, when the e-commercers provided simply an information display platform, which has already failed to meet the current demand. And here comes the transnational B2C 2.0 era, in which providing quality e-commerce service is the key. And SooBest has firmly seized the opportunity.

The traditional foreign trade model goes through such six steps: manufacturers - exporters - importers - wholesalers - retailers - consumers; and the transnational B2B: manufacturers - wholesalers - retailers - consumers; while the transnational B2C: manufacturers - consumers. In the last model, merely two parties are involved. And as for SooBest's business as a connection, at one end are the Chinese manufacturers, and the other, foreign consumers. It simplifies the whole process bypassing all the links in between, such as the Chinese exporters, foreign importers, foreign wholesalers and foreign retailers. Among them the foreign importers and foreign wholesalers carve up most of the profits.

E-commerce involves nothing more than the following three aspects: information flow, capital flow and logistics. And SooBest stands out also for its praiseworthy performance in these three parts. First of all, the information flow is not at all a problem, because of the frequent international information exchanges and high-speed information flow through the Internet. Secondly, the capital flow can happen relying on PayPal (the world's largest online payment tool). And the final section, logistics, is undertaken by those socialized third-party logistics companies. By building their own systems, they can create innovative assemblies to send and distribute the commodities to foreign consumers in different forms of logistics methods, optimized and thus prompt.

In terms of customers, SooBest saves expenses and time for the foreign merchants who used to fly to China to procure supplies such as electronics, costumes, toys, cosmetics and health-care products. SooBest offers a one-stop shopping experience to their customers by taking charge of the entire process from supplier selection, quality control, storage, and packaging to marketing. In this way, what the foreign buyers need to do is sign for the parcel at their own doorsteps. At present, the entire process from making an order to receiving the products ordered takes the foreign buyers about 15 to 20 days.

As for manufacturers, SooBest has put great efforts in optimizing the supply chain in China. At the very beginning, they found that big factories were not flexible enough to adapt to the customized demand of SooBest and small factories were poor in craftsmanship though comparatively flexible. Finally, they found some small factories whose managers were quick to learn, and managed to turn these traditional factories which used to work for foreign manufacturers into factories that could cater to the demand of e-commerce by helping them do cost accounting, make long-term and sustainable development strategies, and improve their management as well as production flow.

With the help of SooBest, foreign customers can buy high quality made-in-China products at competitive prices or those that are not available locally. A great deal of data is produced on the Internet every day. By monitoring and analyzing the market, SooBest can always discover subtle needs of their potential customers and report them to the factories in China quickly. For instance, its been found that users in South America tend to watch TV programs on their cell phones.

Multi-channel Marketing Challenge

SooBest makes much of social marketing tools, like SNS, BBS, and more, which is one of the biggest advantages and features the company owns. The company takes the lead in utilizing accurate e-marketing techniques, as stated in its promotional documents. Google marketing, for example, is what SooBest has been good at, and it actually has become one of the biggest clients of Google China. Apart from Google, social networking sites like Facebook, Twitter, LinkedIn, and Pinterest, are all included in the list of what SooBest has been doing well in applying to its marketing strategies.

Certainly going just for the traditional online advertising model would not stand SooBest out. SooBest displays the information of its products on Facebook, Twitter, LinkedIn and lots of other social networking sites, in a very natural way to affect the potential customers' thoughts without their awareness of it, just like how the "spring rain moisturizes things in silence." This new method of advertising is more interactive, gets more, yet costs much less.

Thus, SooBest today has successfully built a complete business chain of looking for customers through Google and Facebook, trading by Paypal, and delivering goods with DHL and UPS.

SOURCE Soobest.com

Data Center Operator AiNET Donates Land in Loudoun County, Virginia to LoziLu Women’s Mud Run for July 21st Charity Event

0
0
Source: AiNEt

Washington, DC, July 14, 2012 --(PR.com)-- AiNET, a 19 year-old critical IT solutions company and innovator in the data center industry, is donating its 200 acres of open land in Loudoun County, Virginia for a charity event to raise money for blood cancer research. Lozilu Women’s Mud Run, a non-profit operated by and for women, is deeply involved in helping families cope with and survive leukemia and lymphoma. More than 1,500 women will be participating in the July 21st three-mile mud run event.

“Lozilu is supporting incredibly important research,” said Deepak Jain, AiNET’s president. “I’ve personally seen the devastating effects that Hodgkin’s lymphoma and leukemia have on individuals and their families. AiNET has been very successful and we want to give back so others benefit from that success.”

Lozilu Women’s Mud Run, which holds about 10 fundraising events across the nation each year, is focused on empowering women to be fit and healthy. Often mothers run with their daughters, who are eligible from age 13 to participate.

A portion of the registration fees for each event are donated to charities associated with leukemia and lymphoma. Despite the seriousness of the cause, the event is all about fun and fitness, and the participants’ smiling faces say it all.

For more information on the organization and the July 21st Mud Run, please visit the Lozilu website (www.lozilu.com).

Contact:Aimee Stern, Stern Communications, 202-744-5004 or aimstern@gmail.com. Darrell Tanno, AiNET, 202-640-3932 or darrell.tanno@ai.net.

About AiNET
AiNET® of Beltsville, MD is a leader in engineering, construction, and mission-critical technology operations for Internet data centers and fiber optic networks supporting secure, critical applications. The 19 year-old firm currently owns and operates three SAS 70 Type II data centers in MD, including the only certified TIA-942 Tier IV data center, and the 300,000 sq.ft. CyberNAP™, the Washington, DC region’s largest data center. CyberNAP will open this quarter. All data centers are protected by AiNET’s patented power protection technology and support MicroMetering™. AiNET is also building a fiber optic network approximately 10,000 fiber-route miles throughout the central business district of Washington,DC. For more information please visit www.ai.net.

AiNET is a registered trademark of AiNET Corporation. MicroMetering and CyberNAP are trademarks of AiNET Corporation. All other marks recognized.

Contact Information:
AiNEt
Darrell Tanno
202-640-3932
Contact via Email
www.ai.net
darrell.tanno@ai.net

Click here to read the full story: Data Center Operator AiNET Donates Land in Loudoun County, Virginia to LoziLu Women’s Mud Run for July 21st Charity Event

Press Release Distributed by PR.com

Florida Marketing Agency Micrositez Global Announces Discount Scheme for Non Profits

0
0
Source: Micrositez LLC - Digital Marketing Agency

Orlando, FL, July 14, 2012 --(PR.com)-- As an acknowledged leader in the digital marketing space Micrositez Global know their p’s from their q’s, so it is refreshing to hear from them today that they intend to offer non-profit organizations and charities a full 20% of their regular prices in order to help them succeed online.

Founder and CEO of the Orlando based Marketing Agency Scot Crone is reported to have said, “Many non-profits and charities just don’t have the budget to compete with commercial organizations on the web, it’s harder for them to challenge for the top spots, we hope to make steps toward helping them redress that balance.”

As an Orlando Marketing Agency Micrositez Global know how to best get businesses of all sizes and non-profits to the top for all things digital and this new 20% discount scheme could be just the thing many charities and non-profits need to jump into the digital space, now, with both feet.

A spokesman for the Marketing Agency Orlando said, “We believe strongly that if more non-profits and charities could afford to compete with the big boys in the digital arena they would, to that end the new discount scheme we are offering could be just the incentive many non-profits need to start their digital campaigns”.

To find out more about Micrositez Global please visit: http://www.seo-micrositez.com

Contact Information:
Micrositez LLC - Digital Marketing Agency
Scot Crone
407-878-7802
Contact via Email
http://www.seo-micrositez.com

Click here to read the full story: Florida Marketing Agency Micrositez Global Announces Discount Scheme for Non Profits

Press Release Distributed by PR.com

Viewing all 1099 articles
Browse latest View live




Latest Images