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Articles on this Page
- 08/28/13--00:17: _Crossroads Systems ...
- 08/28/13--00:17: _OTI to Present at t...
- 08/28/13--00:17: _YoYo Games Announce...
- 08/28/13--00:17: _Improve Cyber Secur...
- 08/28/13--00:17: _AhnLab Presents Web...
- 08/28/13--00:17: _LaSalle Solutions R...
- 08/28/13--00:17: _Workday Announces F...
- 08/28/13--00:17: _Bsquare Sets Date f...
- 08/28/13--00:17: _Bre Pettis Joins Sp...
- 08/29/13--00:16: _SocialWhirled Annou...
- 08/29/13--00:16: _American CyberSyste...
- 08/29/13--00:16: _Glassdoor Reveals W...
- 08/29/13--00:16: _Knovel Launches Mar...
- 08/29/13--00:16: _Q2 Mobile Rich Medi...
- 08/29/13--00:16: _Act-On Software Pow...
- 08/29/13--00:16: _Engine Yard Names J...
- 08/29/13--00:16: _WANdisco Appoints F...
- 08/29/13--00:16: _Maxymiser Study Rev...
- 08/29/13--00:16: _Infor Delivers Next...
- 08/29/13--00:16: _eXelate conneX(TM) ...
- 08/28/13--00:17: OTI to Present at the 2013 Gateway Conference on September 10
- 08/28/13--00:17: YoYo Games Announces Gamemaker: Studio Update 1.2 Available Now
- New YoYo Compiler Runs Projects Up to 100x Faster
- New Shader Support Allows Creation and Cross-Platform Publishing of Shaders
- 08/28/13--00:17: Workday Announces Fiscal 2014 Second Quarter Financial Results
- Total revenues for the second quarter were $107.6 million, an increase of 72% from the second quarter of fiscal 2013. Subscription revenues were $81.1 million, an increase of 92% from same period last year.
- Operating loss for the second quarter was $32.3 million, compared to an operating loss of $26.4 million in the same period last year. Non-GAAP operating loss for the second quarter was $21.7 million, compared to a non-GAAP operating loss of $24.1 million last year.1
- Net loss per basic and diluted share for the second quarter was $0.21, compared to a net loss per basic and diluted share of $0.78 in the second quarter of fiscal 2013. The second quarter non-GAAP net loss per basic and diluted share was $0.13, compared to a non-GAAP net loss per basic and diluted share of $0.71 during the same period last year.1
- Operating cash flows were a negative $12.9 million in the second quarter. Free cash flows were a negative $42.6 million in the second quarter.2
- Cash, cash equivalents and marketable securities were approximately $1.3 billion as of July 31, 2013 and include net proceeds from convertible notes issued in the second quarter. Unearned revenue was $325.6 million, a 32% increase from last year.
- Workday raised $533 million from the issuance of two series of convertible notes due in 2018 and 2020, respectively, net of offering expenses and the costs of related warrant and hedge transactions.
- Workday announced plans to deliver Workday Payroll for UK and Workday Payroll for France, designed to address the full spectrum of payroll needs. The applications are expected to be generally available in 2015 and 2016, respectively.
- In an independent survey, Workday employees voted the company the #1 Top Workplace in the large company category on the Bay Area News Group's Top Workplaces list. This is the second consecutive year Workday has received the top recognition on the list.
Share-based compensation. Although share-based compensation is an important aspect of the compensation of Workday's employees and executives, determining the fair value of certain of the share-based instruments we utilize involves a high degree of judgment and estimation and the expense recorded may bear little resemblance to the actual value realized upon the vesting or future exercise of the related share-based awards. Furthermore, unlike cash compensation, the value of stock options, which is an element of our ongoing share-based compensation expense, is determined using a complex formula that incorporates factors, such as market volatility, that are beyond our control. Management believes it is useful to exclude share-based compensation in order to better understand the long-term performance of our core business and to facilitate comparison of our results to those of peer companies.
Employer payroll taxes on employee stock transactions. The amount of employer payroll taxes on employee stock transactions is dependent on Workday's stock price and other factors that are beyond our control and do not correlate to the operation of the business.
Non-cash interest expense. Under GAAP, we are required to separately account for liability (debt) and equity (conversion option) components of the convertible senior notes that were issued in private placements in June 2013. Accordingly, for GAAP purposes we are required to recognize effective interest expense on our convertible senior notes. The effective interest rates, including interest cost related to the amortization of debt issuance costs, were approximately 6.1% for the convertible senior notes due 2018 and approximately 6.4% for the convertible senior notes due 2020, while the contractual interest rates of the notes were 0.75% and 1.50%, respectively. The difference between the effective interest expense and the contractual interest expense is excluded from management's assessment of our operating performance because management believes that this non-cash expense is not indicative of ongoing operating performance. Management believes that the exclusion of the non-cash interest expense provides investors an enhanced view of the company's operational performance.
- 08/28/13--00:17: Bsquare Sets Date for Annual Meeting of Shareholders
- The Evolution of Microcontrollers as Development Platforms
- The Year of the Sensor
- The Design Advantage
- Trends in 3D Printing
- Maker To Market
- The Hardware VCs Invest in and Why
- Case Studies in Success
- Arie Ball, Talent Acquisition Vice President, Sodexo
- Carrie Corbin, Talent Attraction Associate Director, AT&T
- Carolyn Eiseman, Employer Brand Director, Enterprise Rent-A-Car
- Steve Fogarty, Employer Branding & Digital Recruiting Senior Manager, Adidas Group
- Chris Hoyt, Professional Recruiting Marketer, PepsiCo
- Jeremy Langhans, Global Talent Acquisition Manager, Expedia
- Chrystal Moore, Senior Recruiter, Philips Healthcare
- Shannon Smedstad, HR Social Media & Employer Brand Leader, GEICO
- Melissa Smith, Candidate Developer, Progressive Insurance
- Will Staney, Director of Recruiting, SuccessFactors
- 08/29/13--00:16: Knovel Launches Marine Engineering & Naval Architecture Subject Area
- General References
- Marine Equipment & Electronics
- Offshore Construction
- Security & Safety
- Ships & Vessels
- Structural Engineering
- Expansion rate grows visibly with the increased quality of the media: from 0.36% when running on classic ad networks, to 0.73% when running on data-driven premium ad networks.
- Engagement rate across standard rich media ads is quite consistent: between 12.1% when running on ad networks, to 17.3% when running on premium publishers.
- Engagement rate skyrockets on native ads with 39.1%, and reaches a whopping 55.2% on Social Rich Media.
- Standard rich media running on data-driven premium ad networks have the highest expansion rate (0.73%), but the lowest engagement rate (12.1%).
- IAB Rising Stars formats that Celtra developed include pull and slider formats, which have by far the highest expansion rate at 3.59%.
- 08/29/13--00:16: Engine Yard Names Jim Burleigh as COO
- 08/29/13--00:16: Infor Delivers Next Generation of Inforce Technology
- Support for Multi-ERP and Multi-Company Data - Inforce delivers new functionality that enables a single Inforce implementation to be integrated with multiple, and even different, back-office installations. Customers can leverage their back-office information in CRM, while Inforce manages the security, filtering and information management that marketing, sales and service teams depend on.
- Ability to Support any Business Object Document (BOD) - Inforce already delivers standard integration of more than a dozen BODs, and the new Inforce Any BOD functionality provides the ability for customers to expand their ION-based integration to map and use any of the 100+ Infor-supported BODs. This Inforce enhancement enables customers to more easily incorporate and leverage information and processes between the back office and the front office to support their unique business requirements.
- New Quote Object - The Inforce Quote object is designed to receive and display quote information provided from Infor ERP, and also introduces new flexibility allowing a Quote to be created and associated with a Contact, Account, Opportunity or stand-alone.
- 19 of the top 20 aerospace companies
- 12 of the top 13 high tech companies
- 10 of the top 10 pharmaceutical companies
- 84 of the top 100 automotive suppliers
- 23 of the top 50 largest US public hospitals
- 31 of the top 50 industrial distributors
- 26 of the top 35 global retailers
- 5 of the top 9 brewers
AUSTIN, TX--(Marketwired - August 27, 2013) - Crossroads Systems, Inc. (
Richard K. Coleman, Jr., Interim President and CEO, and CFO Jennifer Crane will host the presentation followed by a question and answer period.
Date: Thursday, September 12, 2013
Time: 4:30 p.m. Eastern Time (3:30 p.m. Central Time)
Dial-In Number: (877) 221-8809
International: (706) 679-8667
To access the live or recorded webcast, visit:
Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. For more information and to view recent press releases, visit www.crossroads.com.
About Crossroads Systems
Crossroads Systems, Inc. (
©2013 Crossroads Systems, Inc. Crossroads and Crossroads Systems are registered trademarks of Crossroads Systems, Inc. All trademarks are the property of their respective owners. All specifications are subject to change without notice.
ROSH PINA, ISRAEL--(Marketwired - August 27, 2013) - On Track Innovations Ltd. (OTI) (
OTI management will present at 12:30 p.m. Pacific time, with one-on-one meetings held throughout the day. Management will discuss the company's new strategy of leveraging its core competencies around NFC-based payment solutions, as well as monetizing OTI's expansive intellectual property portfolio.
For additional information or to schedule a one-on-one meeting with OTI management, visit www.gateway-conference.com and click on the Register/Login tab. You may also email your request to email@example.com or call Matt Glover at 949-574-3860.
About On Track Innovations
On Track Innovations Ltd. (OTI) is a leader in contactless and NFC applications based on its extensive patent and IP portfolio. OTI's field-proven innovations have been deployed around the world to address NFC payment solutions, petroleum payment and management, cashless parking fee collection systems and mass transit ticketing. OTI markets and supports its solutions through a global network of regional offices and alliances. For more information, visit www.otiglobal.com.
DUNDEE, SCOTLAND and SAN FRANCISCO, CA--(Marketwired - August 27, 2013) -
YoYo Games today announces the general availability of GameMaker: Studio version 1.2. With today's update, developers will be able to harness the full speed of the CPU with the new YoYo Compiler, allowing projects to run up to 100x faster across all native platforms supported. Fully-integrated, totally cross platform Shader support allows developers to write shaders once and then deploy them across all platforms that support them.
"Today's update raises the bar in the visual quality and the complexity of games that can be made in GameMaker: Studio," said Russell Kay, chief technology officer at YoYo Games. "Our goal with today's update and all future enhancements to GameMaker: Studio is that the imagination be the limiting factor in the game development process, not the technology."
The YoYo Compiler
The YoYo Compiler unlocks new possibilities in CPU-intensive areas such as artificial intelligence, procedural techniques, real time lighting, enhanced physics, real time geometry deformation, collision and data manipulation, immensely raising the quality bar. The YoYo Compiler is free for customers of GameMaker: Studio Master Collection and is otherwise available as an add-on priced at $299.
Cross Platform Shader Support
Fully integrated, totally cross platform shader support allows full access to low level shaders, while still letting GameMaker: Studio do the heavy lifting. The built-in editor has been extended to have full color syntax highlighting and "intellisense" for shaders, making creation a breeze.
The rapid adoption of GameMaker: Studio as the preferred 2D games development framework has exceeded YoYo Games' expectations. Today, GameMaker: Studio has been downloaded more than one million times and is quickly approaching 20,000 daily active users. To learn more about the GameMaker: Studio family of products and to get GameMaker: Studio version 1.2, please visit www.yoyogames.com.
About YoYo Games
YoYo Games is the home of GameMaker: Studio, the fastest and easiest to use cross-platform games development technology. GameMaker: Studio has been developed with usability and efficiency at its core, allowing developers to create games in a single code base and then publish them to run natively across an unprecedented number of platforms including Android, HTML5, iOS, OS X, Ubuntu, Windows 8, Windows Phone 8 and Windows RT. To date, the GameMaker family of products has been downloaded more than five million times. YoYo Games is based in Dundee, Scotland, with an office in San Francisco. Follow @YoYoGameMaker on Twitter and YoYo Games, Ltd on Facebook. www.yoyogames.com
HOUSTON, TX--(Marketwired - August 27, 2013) - For more than two decades, the cyber threat of hackers and malicious software has continued to grow. Today, this threat represents one of the most serious security challenges. In 2012, according to the Industrial Control Systems Cyber Emergency Response Team (ICS CERT), 40 percent of all cyber attacks reported targeted the energy industry.
It's critical that companies take the right security precautions sooner rather than later. "Many legacy systems in oil and gas and other pieces of critical infrastructure are essentially wide open to attack or inadvertent infection," said Jeff Walsh, Cimation Director of Industrial IT. "The prevalence of nefarious information flow between amateur hackers is creating a huge problem for cyber security professionals."
To help educate companies in susceptible industries of the impeding threat and their best cyber security options, Cimation created "Not Hacking Around: Protecting Your Company from Cyber Attacks."
The first brief in a series of six on cyber security, available for free download at www.cimation.com/not-hacking-around, provides industry background and sets the stage for future discussion of specific vulnerabilities and remediation. Cimation is a global leader in automation, industrial IT and enterprise data solutions whose researchers recently presented on SCADA vulnerabilities at the Black Hat conference in Las Vegas.
"It is imperative with today's increased global connectivity that we provide our customers the very best in automation design and security for their critical process control systems," said Marc Ayala, Cimation ICS/SCADA Security Manager. "At Cimation, we are actively involved with groups like DHS, ICS-CERT, ISA and their local charters and actively present security awareness workshops for the Oil & Gas and Chemicals industries. Awareness and training are key in driving a successful security program."
"But it's not just about preventing cyber crime," Walsh said. "It's also about stopping the types of accidental exposure that are happening more and more often."
"Cyber security shouldn't be an afterthought; it should be built in from the get go," he added.
To download "Not Hacking Around: Protecting Your Company from Cyber Attacks," visit www.cimation.com/not-hacking-around.
Cimation is a leader in the delivery of automation technology projects, industrial IT consulting, and enterprise data solutions for the Energy Sector. With 6 offices throughout North America, Cimation is experienced in a wide variety of industrial projects, including Upstream Shale Oil & Gas Production, Upstream Offshore Oil & Gas Production, Midstream Gas Processing & Compression, Midstream Pipelines and Terminals & Storage.
SAN FRANCISCO, CA--(Marketwired - August 27, 2013) - AhnLab, a leading provider of information security products and services for enterprise and government organizations, will present a free webinar examining "How Today's IT Professionals are Addressing Advanced Persistent Threats (APTs) and Sophisticated Malware." The webinar will be held at 7 am PT/10 am ET on Wednesday, Aug. 28, and will be repeated at 1 pm PT/4 pm ET that afternoon.
Leo Versola, AhnLab's Vice President of Sales Engineering and Technical Services, will present up-to-the-minute insight into the persistent threat landscape and attendees will learn how to stop a breach dead in its tracks. Versola will outline best practice techniques to turn breach detection into breach prevention while cutting cost and risk with a 360° protection profile.
AhnLab creates agile, integrated Internet security solutions for consumers and businesses, ranging in size from SMBs to enterprise organizations. Founded in 1995, AhnLab is a global leader in security research and product development that delivers the industry's most complete defense against today's advanced threats to networks, transactions, and essential services. The AhnLab Malware Defense System (MDS) delivers rapid malware recognition and automated threat remediation with a comprehensive 360- degree protection profile. It is the first and only enterprise strength security system that combines integrated network perimeter and host based analytics to stop APTs and zero-day attacks anywhere across an organization. This multi-dimensional approach combines with exceptional service to create truly global protection against attacks that evade traditional security defenses. More than 25,000 organizations rely on AhnLab's award-winning products and services to make the Internet safe and reliable for their business operations.
Learn more today by contacting your AhnLab partner or local AhnLab sales representative, visit www.AhnLab.com.
CHICAGO, IL--(Marketwired - August 27, 2013) - LaSalle Solutions announced today that it has achieved TelePresence Video Advanced Authorized Technology Provider (ATP) status from Cisco. This designation recognizes LaSalle Solutions as having fulfilled the training requirements and program prerequisites to sell, deploy and support Cisco TelePresence Video products and solutions at the Advanced level.
The Cisco TelePresence Video Advanced ATP Program is focused on providing a new way of working in which everyone, everywhere can be more productive through face-to-face collaboration with TelePresence Video solutions. The Advanced-level program's goal is to enable partners to market TelePresence Video endpoints with a full breadth of infrastructure solutions in addition to managed videoconferencing services.
"LaSalle Solutions sees tremendous potential for video technology to improve collaboration, drive efficiency and speed decision making in the enterprise," said Steven Robb, president - Solutions Group at LaSalle Solutions. "Adding this designation to our roster of certifications from Cisco demonstrates our desire to further develop our expertise in this market and provide innovative collaboration solutions for our customers."
LaSalle is a Cisco Certified Gold Partner and recognized by Cisco for Customer Service Excellence. In addition to the new ATP TelePresence Video designation, LaSalle is certified for Data Center Architecture, Collaboration, Borderless Networks, Advanced Routing & Switching, ATP Identity Services, and Unified Computing and Communications including Video.
The Cisco Authorized Technology Provider (ATP) Program is part of the Cisco go-to-market strategy for emerging technologies. The program helps Cisco to define the knowledge, skills and services that channel partners need to successfully sell, deploy and support an emerging technology. As the market changes, an ATP designation may be discontinued or may evolve into a Cisco specialization.
Find More Information Online:
Cisco TelePresence® and Video collaboration solutions provide life-like, high-definition, conferencing facilities with superior audio and video, allowing participants to meet their colleagues, customers and business partners across a virtual table. Participants can enjoy a same-room meeting experience, even if they are located in different locations around the world. Participants can also meet more often and enjoy more productive sessions, helping to improve business interactions while potentially building stronger customer relationships, accelerating sales cycles, improving project management and forming tighter integration with remote offices.
About LaSalle Solutions:
LaSalle Solutions (www.elasalle.com) is a leading provider of life-cycle management services for technology and capital assets. From acquisition and financing through IT asset management, maintenance and disposition, LaSalle's processes, outstanding customer service, and powerful online toolset LAMP, enable customers to more economically and effectively manage time, maintenance credits, as well as equipment deployment, tracking and decommissioning.
Founded in 1980, LaSalle Solutions is an independently operated company and a subsidiary of MB Financial, a publicly traded Chicago-based bank holding company. MB Financial is traded on the NASDAQ as "MBFI."
LaSalle Solutions and LAMP are registered trademarks of LaSalle Solutions in the United States. Cisco, the Cisco logo and Cisco TelePresence are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks.
PLEASANTON, CA--(Marketwired - August 27, 2013) - Workday, Inc. (
"Workday continues to be well positioned for strong growth as a leader in cloud applications for human capital management and financial management," said Aneel Bhusri, chairman, co-founder, and co-CEO, Workday. "We continue to execute well as we expand our global operations and new product initiatives. Workday's pace of innovation and very high levels of customer and employee satisfaction are important contributors to our growth."
"We are very pleased with our results for the second quarter of fiscal 2014," said Mark Peek, chief financial officer, Workday. "We generated record quarterly revenues and billings, made solid progress toward profitability, and strengthened our balance sheet raising $533 million net proceeds from our two convertible notes offerings. Looking ahead, we anticipate a strong second half of fiscal 2014 with third quarter revenues expected to be in the range of $115 to $118 million, or growth of 58% to 62% as compared to the prior year. Total revenues for the year are anticipated to be in the range of $436 to $446 million, or growth of 59% to 63%."
Workday plans to host a conference call today to review its second quarter financial results and to discuss its financial outlook. The call is scheduled to begin at 2:00 p.m. PT/ 5:00 p.m. ET and can be accessed via webcast or through the company's Investor Relations website at www.workday.com/investorrelations. The webcast will be available live, and a replay will be available following completion of the live broadcast for approximately 45 days.
1 Non-GAAP operating loss and net loss per share for the fiscal second quarters of 2013 and 2014 exclude share-based compensation, and for the fiscal second quarter of 2014, also exclude employer payroll taxes on employee stock transactions and non-cash interest expense associated with convertible notes. See the section titled "About Non-GAAP Financial Measures" in the accompanying financial tables for further details.
2 Free cash flows are defined as operating cash flows minus capital expenditures and property and equipment acquired under capital lease. See the section titled "About Non-GAAP Financial Measures" in the accompanying financial tables for further details.
Workday is a leading provider of enterprise cloud applications for human resources and finance. Founded in 2005, Workday delivers human capital management, financial management, and analytics applications designed for the world's largest organizations. Hundreds of companies, ranging from medium-sized businesses to Fortune 50 enterprises, have selected Workday.
Use of Non-GAAP Financial Measures
Reconciliations of non-GAAP financial measures to Workday's financial results as determined in accordance with GAAP are included at the end of this press release following the accompanying financial data. For a description of these non-GAAP financial measures, including the reasons management uses each measure, please see the section of the tables titled "About Non-GAAP Financial Measures."
This press release contains forward-looking statements including, among other things, statements regarding Workday's third quarter and full year fiscal 2014 revenue projections, and our expectations for future applications. The words "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and assumptions. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Risks include, but are not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) competitive factors, including but not limited to pricing pressures, industry consolidation, entry of new competitors and new applications and marketing initiatives by our competitors; (iv) our ability to manage our growth effectively; (v) our limited operating history, which makes it difficult to predict future results; (vi) the development of the market for enterprise cloud services; (vii) acceptance of our applications and services by customers; (viii) breaches in our security measures or unauthorized access to our customers' data; and (ix) changes in sales may not be immediately reflected in our results due to our subscription model. Further information on risks that could affect Workday's results is included in our filings with the Securities and Exchange Commission (SEC), including our Form 10-Q for the quarter ended April 30, 2013 and our future reports that we may file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.
Any unreleased services, features, or functions referenced in this document, our website or other press releases or public statements that are not currently available are subject to change at Workday's discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features, and functions that are currently available.
© 2013. Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders.
|Condensed Consolidated Balance Sheets|
|July 31,||January 31,|
|Cash and cash equivalents||$||437,432||$||84,158|
|Accounts receivable, net||66,972||67,437|
|Prepaid expenses and other current assets||22,437||16,710|
|Total current assets||1,395,395||884,302|
|Property and equipment, net||64,097||44,585|
|Deferred costs, noncurrent||18,871||18,575|
|Goodwill and intangible assets, net||8,488||8,488|
|Liabilities and stockholders' equity|
|Accrued expenses and other current liabilities||14,619||13,558|
|Total current liabilities||310,721||254,774|
|Convertible senior notes, net||457,849||-|
|Capital leases, noncurrent||7,687||12,972|
|Unearned revenue, noncurrent||78,298||85,920|
|Additional paid-in capital||1,109,332||993,933|
|Accumulated other comprehensive income||111||68|
|Total stockholders' equity||638,741||592,283|
|Total liabilities and stockholders' equity||$||1,505,973||$||959,080|
(1) Amounts as of January 31, 2013 were derived from the January 31, 2013 audited financial statements.
|Condensed Consolidated Statements of Operations|
|(in thousands, except per share data)|
|Three Months Ended||Six Months Ended|
|July 31,||July 31,|
|Costs and expenses(1):|
|Costs of revenues||40,754||28,265||77,453||53,355|
|Research and development||41,168||23,552||77,450||44,338|
|Sales and marketing||44,150||29,629||82,514||54,467|
|General and administrative||13,766||7,616||26,690||13,677|
|Total costs and expenses||139,838||89,062||264,107||165,837|
|Other expense, net||(3,479||)||(637||)||(3,735||)||(672||)|
|Loss before provision for (benefit from) income taxes||(35,762||)||(26,997||)||(68,642||)||(46,989||)|
|Provision for (benefit from) income taxes||216||(116||)||351||(53||)|
|Accretion of redeemable convertible preferred stock||-||(206||)||-||(407||)|
|Net loss attributable to common stockholders||$||(35,978||)||$||(27,087||)||$||(68,993||)||$||(47,343||)|
|Net loss per share attributable to common stockholders, basic and diluted||$||(0.21||)||$||(0.78||)||$||(0.40||)||$||(1.40||)|
|Weighted-average shares used to compute net loss per share attributable to common stockholders||173,375||34,734||170,617||33,881|
|(1) Costs and expenses include share-based compensation as follows:|
|Costs of revenues||$||1,202||$||275||$||1,939||$||491|
|Research and development||3,465||552||5,372||927|
|Sales and marketing||1,805||502||2,848||869|
|General and administrative||3,311||954||7,040||1,441|
|Condensed Consolidated Statements of Cash Flows|
|Three Months Ended||Six Months Ended|
|July 31,||July 31,|
|Cash flows from operating activities|
|Adjustments to reconcile net loss to cash provided by (used in) operating activities:|
|Depreciation and amortization||8,051||3,943||14,620||7,477|
|Share-based compensation expense||9,783||2,283||17,199||3,728|
|Amortization of deferred costs||2,756||2,334||5,238||5,586|
|Non-cash interest expense||2,790||-||2,790||-|
|Changes in operating assets and liabilities:|
|Prepaid expenses and other assets||(6,579||)||(1,525||)||(10,142||)||(4,349||)|
|Accrued and other liabilities||(9,191||)||3,258||6,262||10,163|
|Net cash provided by (used in) operating activities||(12,916||)||1,924||4,394||14,632|
|Cash flows from investing activities|
|Purchases of marketable securities||(441,860||)||(32,073||)||(729,701||)||(85,940||)|
|Maturities of marketable securities||170,159||36,519||576,867||52,940|
|Purchases of property and equipment||(29,732||)||(3,805||)||(31,627||)||(6,002||)|
|Net cash provided by (used in) investing activities||(301,433||)||641||(184,371||)||(39,002||)|
|Cash flows from financing activities|
|Proceeds from borrowings on convertible senior notes, net of issuance costs||584,291||-||584,291||-|
|Proceeds from issuance of warrants||92,708||-||92,708||-|
|Purchase of convertible senior notes hedges||(143,729||)||-||(143,729||)||-|
|Proceeds from exercise of stock options||2,110||6,425||6,675||7,130|
|Principal payments on capital lease obligations||(2,935||)||(1,777||)||(6,688||)||(3,543||)|
|Net cash provided by financing activities||532,517||4,648||533,337||3,587|
|Effect of exchange rate changes||-||(13||)||(86||)||(5||)|
|Net increase (decrease) in cash and cash equivalents||218,168||7,200||353,274||(20,788||)|
|Cash and cash equivalents at the beginning of period||219,264||29,541||84,158||57,529|
|Cash and cash equivalents at the end of period||$||437,432||$||36,741||$||437,432||$||36,741|
|Reconciliation of GAAP to Non-GAAP Data|
|Three Months Ended July 31, 2013|
|(in thousands, except per share data)|
|GAAP||Share-Based Compensation||Employer Payroll Taxes on Employee Stock Transactions||Non-cash Interest||Non-GAAP|
|Costs and expenses:|
|Costs of revenues:|
|Total costs of revenues||40,754||(1,202||)||(54||)||-||39,498|
|Research and development||41,168||(3,465||)||(318||)||-||37,385|
|Sales and marketing||44,150||(1,805||)||(292||)||-||42,053|
|General and administrative||13,766||(3,311||)||(172||)||-||10,283|
|Other expense, net||(3,479||)||-||-||2,790||(689||)|
|Loss before provision for income taxes||(35,762||)||9,783||836||2,790||(22,353||)|
|Provision for income taxes||216||-||-||-||216|
|Net loss per share attributable to common stockholders, basic and diluted (1)||$||(0.21||)||$||0.06||$||0.00||$||0.02||$||(0.13||)|
(1) Calculated based upon 173,375 basic and diluted weighted-average shares of common stock.
|Reconciliation of GAAP to Non-GAAP Data|
|Three Months Ended July 31, 2012|
|(in thousands, except per share data)|
|Costs and expenses:|
|Costs of revenues:|
|Total costs of revenues||28,265||(275||)||27,990|
|Research and development||23,552||(552||)||23,000|
|Sales and marketing||29,629||(502||)||29,127|
|General and administrative||7,616||(954||)||6,662|
|Loss before benefit from income taxes||(26,997||)||2,283||(24,714||)|
|Benefit from income taxes||(116||)||-||(116||)|
|Net loss per share attributable to common stockholders,
basic and diluted (1)
(1) Calculated based upon 34,734 basic and diluted weighted-average shares of common stock.
|Reconciliation of GAAP to Non-GAAP Data|
|Six Months Ended July 31, 2013|
|(in thousands, except per share data)|
|GAAP||Share-Based Compensation||Employer Payroll Taxes on Employee Stock Transactions||Non-cash Interest||Non-GAAP|
|Costs and expenses:|
|Costs of revenues:|
|Total costs of revenues||77,453||(1,939||)||(355||)||-||75,159|
|Research and development||77,450||(5,372||)||(550||)||-||71,528|
|Sales and marketing||82,514||(2,848||)||(383||)||-||79,283|
|General and administrative||26,690||(7,040||)||(225||)||-||19,425|
|Other expense, net||(3,735||)||-||-||2,790||(945||)|
|Loss before provision for income taxes||(68,642||)||17,199||1,513||2,790||(47,140||)|
|Provision for income taxes||351||-||-||351|
|Net loss per share attributable to common stockholders, basic and diluted (1)||$||(0.40||)||$||0.10||$||0.01||$||0.01||$||(0.28||)|
(1) Calculated based upon 170,617 basic and diluted weighted-average shares of common stock.
|Reconciliation of GAAP to Non-GAAP Data|
|Six Months Ended July 31, 2012|
|(in thousands, except per share data)|
|Costs and expenses:|
|Costs of revenues:|
|Total costs of revenues||53,355||(491||)||52,864|
|Research and development||44,338||(927||)||43,411|
|Sales and marketing||54,467||(869||)||53,598|
|General and administrative||13,677||(1,441||)||12,236|
|Loss before benefit from income taxes||(46,989||)||3,728||(43,261||)|
|Benefit from income taxes||(53||)||-||(53||)|
|Net loss per share attributable to common stockholders,
basic and diluted (1)
(1) Calculated based upon 33,881 basic and diluted weighted-average shares of common stock.
|Revenue by Type|
|Three Months Ended||Six Months Ended|
|July 31,||July 31,|
|Reconciliation of GAAP Cash Flows from Operations to Free Cash Flows|
|(A Non-GAAP Financial Measure)|
|Three Months Ended||Six Months Ended|
|July 31,||July 31,|
|GAAP cash flows from operating activities||$||(12,916||)||$||1,924||$||4,394||$||14,632|
|Property and equipment acquired under capital lease||-||(3,990||)||(115||)||(4,224||)|
|Free cash flows||$||(42,648||)||$||(5,871||)||$||(27,348||)||$||4,406|
About Non-GAAP Financial Measures
To provide investors and others with additional information regarding Workday's results, we have disclosed the following non-GAAP financial measures: non-GAAP operating loss, non-GAAP net loss per share, and free cash flows. Workday has provided a reconciliation of each non-GAAP financial measure used in this earnings release to the most directly comparable GAAP financial measure. These non-GAAP financial measures, other than free cash flows, differ from GAAP in that they exclude share-based compensation, employer payroll taxes on employee stock transactions and non-cash interest expense related to our convertible senior notes. Free cash flows differ from GAAP cash flows from operating activities in that it treats capital expenditures and assets acquired under a capital lease as a reduction to cash flows.
Workday's management uses these non-GAAP financial measures to understand and compare operating results across accounting periods, and for internal budgeting and forecasting purposes, for short- and long-term operating plans, and to evaluate Workday's financial performance and the ability of operations to generate cash. Management believes these non-GAAP financial measures reflect Workday's ongoing business in a manner that allows for meaningful period-to-period comparisons and analysis of trends in Workday's business, as they exclude expenses that are not reflective of ongoing operating results. Management also believes that these non-GAAP financial measures provide useful information to investors and others in understanding and evaluating Workday's operating results and future prospects in the same manner as management and in comparing financial results across accounting periods and to those of peer companies. Additionally, management believes information regarding free cash flows provides investors and others with an important perspective on the cash available to make strategic acquisitions and investments, to fund ongoing operations and to fund other capital expenditures.
Management believes these non-GAAP financial measures are useful to investors and others in assessing Workday's operating performance due to the following factors:
Additionally, we believe that the non-GAAP financial measure, free cash flows, is meaningful to investors because we review cash flows generated from or used in operations after deducting capital expenditures, whether purchased or leased, due to the fact that these expenditures are considered to be an ongoing operational component of our business.
The use of non-GAAP financial measures has certain limitations as they do not reflect all items of income and expense that affect Workday's operations. Workday compensates for these limitations by reconciling the non-GAAP financial measures to the most comparable GAAP financial measures. These non-GAAP financial measures should be considered in addition to, not as a substitute for or in isolation from, measures prepared in accordance with GAAP. Further, these non-GAAP measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore comparability may be limited. Management encourages investors and others to review Workday's financial information in its entirety and not rely on a single financial measure.
BELLEVUE, WA--(Marketwired - August 27, 2013) - BSQUARE Corporation (
Shareholders of record at the close of business on September 20, 2013 will be entitled to vote at the Annual Meeting, and any adjournment thereof. The Company expects to mail its proxy statement on or about October 25, 2013.
Because the expected meeting date for the Annual Meeting represents a change of more than thirty days from the anniversary of the Company's 2012 annual meeting of shareholders held on June 13, 2012, the Company has set a new deadline for the receipt of shareholder proposals submitted pursuant to Rule 14a-8 under the Securities Exchange Act of 1934, as amended (the "Exchange Act") for inclusion in the Company's proxy materials for the 2013 Annual Meeting. In order to be considered timely, such proposals must be received by the Company at its principal executive offices at 110 110th Ave. NE., Suite 200, Bellevue, Washington 98004, Attention: Corporate Secretary no later than September 20, 2013, and must comply with the applicable requirements of Rule 14a-8 regarding the inclusion of shareholder proposals in Company-sponsored proxy materials and with our bylaws. This deadline will also apply in determining whether notice is timely for purposes of exercising discretionary voting authority with respect to proxies for purposes of Rule 14a-4(c) under the Exchange Act.
Additional Information and Where to Find It
As noted above, in connection with the Annual Meeting, the Company will file with the Securities and Exchange Commission (the "SEC") and furnish to the Company's shareholders a proxy statement and other relevant documents. This press release does not constitute a solicitation of any vote or approval. Shareholders are urged to read the proxy statement when it becomes available and any other documents to be filed with the SEC in connection with the Annual Meeting because they will contain important information about the Annual Meeting. The directors, nominees for election as director, executive officers and certain other members of management and employees of the Company may be deemed "participants" in the solicitation of proxies from the Company's shareholders in connection with the matters to be considered at the Annual Meeting. Information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the Company's shareholders in connection with such matters will be set forth in the definitive proxy statement to be filed with the SEC. In addition, you can find information about the Company's executive officers and directors in its Annual Report on Form 10-K for the year ended December 31, 2012.
Investors will be able to obtain a free copy of documents filed with the SEC at the SEC's website at www.sec.gov. In addition, investors may obtain a free copy of the Company's filings with the SEC through the investor relations section of our website (www.bsquare.com), under "SEC Filings" or by directing a request to: 110 110th Ave. NE., Suite 200, Bellevue, Washington 98004, Attention: Corporate Secretary.
About BSQUARE Corporation
Bsquare, a global leader in embedded solutions, applies experience and expertise on leading platforms to create new connections with customers, new business models and to enable new ways of working and communicating. Bsquare serves customers by forging connections among the partners, people, tools and technology needed to create smart connected devices. For more information, visit www.bsquare.com.
BSQUARE is a registered trademark of BSQUARE Corporation.
SEBASTOPOL, CA--(Marketwired - August 27, 2013) - Bre Pettis, CEO and founder of MakerBot® joins an all-star lineup of speakers for the MAKE Hardware Innovation Workshop on September 18 in Queens, NY. Boasting a distinctly east coast flavor, the New York version of the popular maker pro event will add an industrial design session to the agenda, feature investors from New York and New England venture firms, as well as local hardware startups and early stage products.
"Hosting this event in New York gives us an opportunity to frame it from the perspective of the maker pro ecosystem that is firmly establishing itself across the boroughs from Manhattan to Brooklyn to Queens," said Dale Dougherty, CEO and founder of Maker Media, and publisher of MAKE magazine. "Having Bre join us underscores the role that 3D printing has played in dominating the landscape here, and creating an epicenter for maker tools and technology innovation."
Held at the New York Hall of Science (site of World Maker Faire the following weekend), the one-day event will again focus on the business of making, featuring innovative hardware products and startups, and the companies and services that constitute a growing ecosystem for getting products made and to market.
Over thirty speakers with expertise in digital fabrication and manufacturing, 3D printing, and industrial design will share the stage during the course of the day. Sessions will also feature leading firms from the investment world who focus on hardware innovation, as well as individuals from incubators and accelerators who specialize in startups with early-stage hardware products and devices.
Themes and topics for the Workshop include:
For more details about the event and to register for the 2013 MAKE Hardware Innovation Workshop at NYSCI in Queens, NY, visit: makezine.com/hardware-innovation-workshop.
About MAKER MEDIA
Maker Media is a global platform for connecting makers with each other, with products and services, and with our partners. Through media, events and ecommerce, Maker Media serves a growing community of makers who bring a DIY mindset to technology. Whether as hobbyists or professionals, makers are creative, resourceful and curious, developing projects that demonstrate how they can interact with the world around them. The launch of MAKE Magazine in 2005, followed by Maker Faire in 2006, jumpstarted a worldwide Maker Movement, which is transforming innovation, culture and education. Located in Sebastopol, CA, Maker Media is the publisher of MAKE Magazine and the producer of Maker Faire. It also develops "getting started" kits and books that are sold in its Maker Shed store as well as in retail channels.
PHOENIX, AZ--(Marketwired - August 28, 2013) - SocialWhirled, creators of the next generation of digital publishing software, announces today the release of its upgraded platform. Featuring more flexibility and extended campaign delivery options, the new platform has enhanced ability to shape campaigns that run simultaneously on social, mobile, and digital sites, while gathering interest and attribute data on buyers.
SocialWhirled CEO Andy Lombard said the additional features help brands exert more control, customization, and power in reaching their fans and customers where they are on social, mobile and digital channels.
"The updates we worked on in this release make it that much easier for marketers to deliver the synchronized, seamless campaigns across all digital platforms that are so essential for a great user experience," Lombard said. "Our new platform makes it simpler and faster to reach customers with meaningful interaction, which gives our clients even more power in driving conversion rates and engagement through all of the digital mediums that they use to reach buyers."
Additionally, a new Multiple Coupon/Offer feature demonstrates the platform's enhanced level of customization by allowing brands to award dynamic coupons and offers that adapt to unique referral codes. As a result, brands can now provide an unlimited number of targeted offers based on the campaign user's behavioral data and demographic.
SocialWhirled is helping enterprise brands create effective and memorable campaigns that reach prospects on whatever device or platform they're viewing. In addition to collecting interest and attribute data, SocialWhirled allows marketing teams to moderate and aggregate online discussions over multiple platforms. Real-time analytics and easy editing allow brands to modify campaigns on the fly, to ensure they are reaching the right buyer with the right message, at the right time.
SocialWhirled, the next generation of social business software, has evolved the social, mobile and digital publishing markets by providing an easy, effective and meaningful way for enterprise brands to connect with leads. The SocialWhirled platform allows customers to quickly create and publish mobile, social, and digital campaigns that engage consumers, extend reach, capture interest and attribute data and continually target leads.
ATLANTA, GA and MINNEAPOLIS, MN--(Marketwired - August 28, 2013) - American CyberSystems, Inc. (ACS), a global information technology services company, and Analysts International Corporation (AIC) (
"American CyberSystems continues to experience tremendous growth in the marketplace. The acquisition of AIC allows us to accelerate our plans for growth in specific desirable geographies and capitalize on marquee customer opportunities," said Raj Sardana, ACS Chairman and CEO. "The AIC legacy of service excellence will remain intact and will be a strong complement to ACS and our combined customer base."
"This merger is good for our customers, employees and shareholders," said Brittany McKinney, AIC President and CEO. "By combining our strengths with the added capabilities and resources of ACS, AIC will continue to provide the same high value services our customers have come to expect from us, while expanding our offerings, delivery capabilities and geographic reach to better serve them. Our employees will become part of a larger organization that provides expanded career opportunities and a broader network of colleagues with a shared passion for customer service. And our shareholders will receive an immediate cash payment at a substantial premium to AIC's average recent stock price," concluded McKinney.
Details Regarding the Proposed AIC Acquisition
Under the terms of the transaction, ACS will commence a tender offer to acquire all of the outstanding shares of AIC for $6.45 per share in cash. Closing of the offer is subject to satisfaction of a 60 percent minimum tender condition, receipt of funding under ACS's financing commitments, the absence of a material adverse effect on AIC and other customary conditions. Following completion of the tender offer, ACS will complete a second-step merger to convert remaining AIC shares into cash at the $6.45 per share price. In the event that the tender offer conditions are not met, the parties have agreed to complete the transaction through a one-step merger, subject to the receipt of AIC shareholder approval. Following the closing of the merger, AIC will become a privately-held company, wholly owned by ACS. ACS plans to continue to operate the company under the AIC brand.
The transaction is expected to close in the fourth quarter. For additional information regarding the terms and conditions contained in the definitive acquisition agreement, please see AIC's Current Report on Form 8-K, which will be filed in connection with the transaction.
ACS is being advised by McKenna Long & Aldridge LLP. Advisors for AIC are Cherry Tree & Associates, LLC and Faegre Baker Daniels LLP.
About American CyberSystems, Inc.
Founded in 1998, American CyberSystems, Inc. is a global information technology services company offering IT consulting and staffing services, systems integration and business solutions to organizations in a variety of industries. Through its extensive resource pool and global recruitment centers, ACS offers unparalleled expertise in delivering solutions for Fortune 1000 companies worldwide. ACS works in partnership with clients to understand their challenges, share their vision and deliver mission specific solutions. For more information about American CyberSystems, please visit http://www.acsicorp.com/.
About Analysts International Corporation
Analysts International Corporation is an IT services firm fully dedicated to the success and satisfaction of its clients. From IT staffing to project-based solutions, AIC provides a broad range of services designed to help businesses and government agencies drive value, control costs and deliver on the promise of a more efficient and productive enterprise. AIC offers a flexible, collaborative approach; clear industry perspective; and the breadth, scale and experience to deliver results. For more information, visit http://www.analysts.com/Pages/default.aspx.
Notice to Investors
The tender offer for the outstanding shares of AIC common stock described in this press release has not yet commenced. This press release is neither an offer to purchase nor a solicitation of an offer to sell securities. The solicitation and the offer to buy shares of AIC's common stock will be made pursuant to an offer to purchase and other related materials that a wholly owned subsidiary of ACS (Merger Sub) and ACS expect to file with the U.S. Securities and Exchange Commission (SEC). At the time the tender offer is commenced, Merger Sub and ACS will file a tender offer statement on Schedule TO (including an offer to purchase, a related letter of transmittal, and other tender offer documents) with the SEC, and AIC will file with the SEC a solicitation/recommendation statement on Schedule 14D-9 with respect to the tender offer. Shareholders of AIC are strongly advised to read the tender offer statement (including an offer to purchase, a related letter of transmittal and other tender offer documents) and the related solicitation/recommendation statement when they become available because they will contain important information that AIC shareholders should consider before making any decision regarding tendering their shares. These materials (and all other materials filed by AIC with the SEC) will be available to all shareholders of AIC at no expense to them on the SEC's website at www.sec.gov. Free copies of the tender offer statement and related materials and the solicitation/recommendation statement, when available, may be obtained from the information agent for the tender offer or from the "Investor Relations" section of the AIC website at www.analysts.com.
This press release contains forward-looking statements that are not historical facts and are subject to risks and uncertainties that could cause actual results to differ materially from those described. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Without limiting the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "estimate" or "continue," or comparable terminology, are intended to identify forward-looking statements. Forward-looking statements in this press release include statements regarding the anticipated benefits of the transaction; statements regarding the anticipated timing of filings and approvals relating to the transaction; statements regarding the expected timing of the completion of the transaction; and any statements of assumptions underlying any of the foregoing. All forward-looking statements are based largely on current expectations and beliefs concerning future events, approvals and transactions that are subject to substantial risks and uncertainties. Factors that may cause or contribute to the actual results or outcomes being different from those contemplated by forward-looking statements include: risks and uncertainties associated with the tender offer, including uncertainties as to the timing of the tender offer and merger, uncertainties as to how many of AIC's shareholders will tender their shares in the offer, the risk that competing offers will be made, and the possibility that various closing conditions for the transaction may not be satisfied or waived. Other factors that may cause AIC's actual results to differ materially from those expressed or implied in the forward-looking statements are discussed in AIC's filings with the SEC, including in its periodic reports filed on Form 10-K and Form 10-Q with the SEC. Such factors include (i) the risk that management may not fully or successfully implement its business plan or maintain profitability in the future; (ii) the risk that AIC will not be able to realize the benefits of its investments or exploit other opportunities of the business in a timely manner or on favorable terms; (iii) prevailing market conditions in the IT services industry, including intense competition for billable technical personnel at competitive rates, strong pricing pressures from many of our largest clients and difficulty in identifying, attracting and retaining qualified billable technical personnel; (iv) potentially incorrect assumptions by management with respect to the financial effect of prior cost reduction initiatives and current strategic decisions; and (v) other economic, business, market, financial, competitive and/or regulatory factors affecting AIC's business generally, including those set forth in AIC's filings with the SEC. Copies of AIC's filings with the SEC may be obtained at the "Investor Relations" section of AIC's website at www.analysts.com. The forward-looking statements made in this release are made only as of the date of this release, and AIC undertakes no obligation to update them to reflect subsequent events or circumstances.
The Information Agent for the Offer is Alliance Advisors. Please call toll free: 855-325-6670.
Banks & Brokers call: 973-873-7721 or E-mail: firstname.lastname@example.org
SAUSALITO, CA--(Marketwired - August 28, 2013) - Glassdoor, the world's most transparent jobs and career community, today announced the winners of its inaugural Talent Warrior Awards, a list of the top 10 individuals who excel in social recruiting. More than 300 nominees were considered in the competition which kicked off in early June. Winners of the award displayed strong comprehension and proven success recruiting via various social channels by using a mix of hiring and employment branding techniques.
The 2013 Glassdoor Talent Warrior Award Winners include:
"In today's competitive hiring environment, using social media to reach top talent is critical. The social recruiting leaders recognized in the Glassdoor Talent Warrior Awards are among those who are at the forefront of their industry -- they are constantly thinking of innovative ways to showcase their company's jobs and culture so that it is top of mind among target candidates," said Steve Roop, Glassdoor general manager, Talent Solutions.
To be considered for the Talent Warrior Awards, individuals were first nominated by peers or themselves. Once nominated, individuals were then asked to share their strategy and perspective on social recruiting. In addition, nominees were evaluated based on their level of social engagement as well as their company's reputation among employees and job candidates on Glassdoor.
Winners were selected by the Glassdoor Social Leaders Panel -- the panel assessed each nominees' approach to social recruiting and how they, and if applicable their team, effectively leveraged social media to promote their company's employment brand and support hiring efforts. The panel included: Rusty Rueff, Glassdoor board director and former head of HR for both Electronic Arts and PepsiCo; Kris Dunn, CHRO at Kinetix as well as founder of HR Capitalist and Fistful of Talent; China Gorman, CEO at CMG Group and former COO for the Society of Human Resource Management; Shannon Seery Gude, vice president of digital & social strategy for Bernard HODES Group, an Omnicom Group Company; and Jessica Miller-Merrell, CEO of Xceptional HR and founder of Blogging4Jobs.
According to a Glassdoor poll released earlier this year, seventy-nine percent of job seekers are likely to use social media in their job search, and more than half (fifty-three percent) of job seekers within the first 10 years of their career say it's important for employers to engage in social media. Glassdoor provides a platform for employers to enhance their recruiting efforts that brings together their jobs, insights about what makes the company an attractive place to work, and connects various social channels including YouTube, Facebook and Twitter. To learn about Glassdoor's Talent Solutions visit www.glassdoor.com/employers, and to claim your company's profile, register for a free account.
Glassdoor is the most transparent career community in the world that is changing the way people find jobs and companies recruit top talent. Founded in 2007, Glassdoor offers members the latest job listings, as well as access to proprietary user-generated content including company-specific salary reports, ratings and reviews, CEO approval ratings, interview questions and reviews, office photos and more. Members also have the ability to see Inside Connections™ at particular companies via their Facebook network. In addition, thousands of employers are using Glassdoor's suite of talent solutions that support employment branding and recruiting efforts. Glassdoor is backed by Benchmark Capital, Sutter Hill Ventures, Battery Ventures and DAG Ventures. More information about Glassdoor can be found on its Talent Solutions blog, and by following the company on Facebook, Twitter and LinkedIn.
NEW YORK, NY--(Marketwired - August 28, 2013) - Knovel, a leader in providing a Web-based application that integrates technical information with analytical and search tools, today announced its 32nd subject area: Marine Engineering & Naval Architecture. Developed for design engineers in the engineering design & construction and oil & gas sectors, the collection helps engineers specify and design ships, marine equipment, and offshore structures for longer service lives, more efficient operation, and safer conditions for workers.
This subject area will help engineers with: practical design guidance on offshore platform and ship design and performance; adapting machinery and equipment for use in marine environments; and improving performance of marine engines, pumps, and electronics. It provides examples of how to design for ship/wave interaction and offers guidance about the criteria ships and vessels will be graded against by the various governmental and private classification agencies. The subject area also covers the repair and maintenance of structures, ships and marine equipment -- including cost estimating, scheduling and performance criteria.
Key topics include:
"Marine engineering and naval architecture are two topics top of mind for companies looking to address concerns about the rising cost of offshore exploration, environmental protection, longevity of offshore equipment and installations, worker safety and rising fuel costs," said Meagan Cooke, Knovel's Senior Director of Product Management. "Our newest subject area is the perfect complement to any research, design or construction projects -- both for vessels and offshore installations."
Key publishers in the new subject area include American Society of Civil Engineers (ASCE), Cambridge University Press, Elsevier, Maritime & Coastguard Agency, PennWell, Royal Institution of Naval Architects (RINA), The Society of Naval Architects and Marine Engineers (SNAME), The Institution of Engineering and Technology (IET), World Scientific, Editions Technip and Woodhead Publishing.
Part of the Elsevier product portfolio, Knovel is a Web-based application integrating technical information with analytical and search tools to drive innovation and deliver answers engineers can trust. Knovel users include thousands of engineers and applied scientists worldwide. Knovel has more than 700 customers worldwide including 74 of the Fortune 500 companies, five of the Top 10 Constituents on the FTSE 100 Index and more than 400 leading universities. For more information, visit www.knovel.com or call +1 (866) 240-8174.
Elsevier is a world-leading provider of scientific, technical and medical information products and services. The company works in partnership with the global science and health communities to publish more than 2,000 journals, including The Lancet and Cell, and close to 20,000 book titles, including major reference works from Mosby and Saunders. Elsevier's online solutions include ScienceDirect, Scopus, SciVal, Reaxys, ClinicalKey and Mosby's Suite, which enhance the productivity of science and health professionals, helping research and health care institutions deliver better outcomes more cost-effectively.
A global business headquartered in Amsterdam, Elsevier employs 7,000 people worldwide. The company is part of Reed Elsevier Group PLC, a world leading provider of professional information solutions in the Science, Medical, Legal and Risk and Business sectors, which is jointly owned by Reed Elsevier PLC and Reed Elsevier NV. The ticker symbols are REN (Euronext Amsterdam), REL (London Stock Exchange), RUK and ENL (New York Stock Exchange).
CAMBRIDGE, MA--(Marketwired - August 28, 2013) - Native and Social Rich Media ads are, by a high margin, the best performing mobile display advertising formats according to new findings from Celtra's quarterly Mobile Rich Media Monitor Report.
Celtra conducted a study looking into two key performance metrics of mobile expandable banner ads across different formats and types of media suppliers, and compared them with desktop display ads. The study shows a clear correlation between performance of the ads, quality of the supplier and sophistication of the format.
Native ads deliver more than 4-times higher expansion rate/CTR compared to static mobile banners and more than 12-times higher than desktop banner ads.
"It's quite amazing to see how far mobile display advertising has come in such a short period of time," said Matevz Klanjsek, Celtra Co-Founder and Chief Product Officer. "Witnessing this speedy evolution from simple click-to-site banners to today's super engaging native ads is simply startling."
Some intriguing findings from the study include:
"The most advanced ad formats, such as Social Rich Media, are clearly demonstrating mobile display ads' huge and still largely untapped potential for successful and effective brand advertising," concludes Klanjsek.
The study analyzed more than 100 mobile rich media campaigns running on Celtra's AdCreator platform in Q2 2013. For more detailed data from the report, please visit the infographic here.
About Celtra Inc.
Celtra Inc. is the global leader for rich media mobile advertising and analytics across mobile devices. AdCreator 3, which is used directly by top agencies, publishers and ad networks in more than 30 countries, is the only complete, SDK-agnostic platform for building, managing and tracking effective rich media mobile advertisements. Celtra's unparalleled HTML5 ad formats and features are optimized for different mobile platforms and devices ensuring flawless functionality and the best possible user experience. For more information, visit Celtra at www.celtra.com or @CeltraMobile on Twitter.
Celtra is headquartered in Cambridge (MA), with offices in New York City, Chicago, Los Angeles, San Francisco, London (UK), and Ljubljana (SI).
BEAVERTON, OR--(Marketwired - August 28, 2013) - Act-On Software, a leading provider of cloud-based integrated marketing automation software, today announced that four of its customers have joined them on the Inc. 500 list of the nation's fastest-growing private companies. Customers include Configero, Finch, Five Data LLC, and Greenphire. These rapidly growing companies use Act-On's marketing automation platform to power their lead to customer lifecycle initiatives. Today, over 1700 customers rely on Act-On's marketing technologies to drive new business, increase quality of leads and reduce cost of customer acquisition.
"We would like to congratulate our customers for making the Inc. 500 list and for being great at what they do," said Atri Chatterjee, CMO of Act-On Software. "The growth and innovation taking place amongst our customers is amazing, and we are honored that they see the value in Act-On."
Hyper-growth companies continue to benefit from Act-On's easy, affordable and powerful marketing automation suite. Act-On's integrated platform enables companies to more effectively communicate their messages and market across multiple channels -- email, web, mobile and social. Act-On customers cover a wide range of vertical industries, including services, software, education, finance and manufacturing.
Act-On's hyper-growth customers include:
Configero - Founded in 2009 and headquartered in Atlanta, GA, Configero is a certified Salesforce.com GOLD Cloud Alliance Partner, offering expert consulting services and cloud applications to maximize investments in CRM. Configero provides companies with a full-lifecycle approach to CRM, ensuring results for every department Salesforce touches from sales and marketing to operations and finance.
Finch - Founded in 2009 and headquartered in Salt Lake City, UT, Finch is an online advertising service that helps businesses earn more revenue, profits, or leads. Finch pioneered a new PPC advertising system that helps customers earn an average of 111% more and achieve cost-savings of 34% when compared to previous advertising efforts.
Five Data, LLC - Founded in 2009 and headquartered in Elmhurst, IL, Five Data, LLC is a recognized interactive advertising agency that specializes in matching big brand advertiser campaigns with a diverse portfolio of vertically targeted website subscribers. Five Data, LLC has a proven history of driving high-quality new customers via targeted email and display advertising campaigns. The Five Data team brings decades of diverse expertise driving new high-value customers to many of today's leading brands.
Greenphire - Founded in 2008 and headquartered in King of Prussia, PA, Greenphire is a leading provider of clinical payment technology, designed to change the way research professionals work. Greenphire leverages its proprietary workflow automation and advanced web‐based payment technologies to help its clients improve operational efficiency, reduce costs and mitigate regulatory risks.
Converse with us on Twitter, circle us on Google+ and get to know our company on LinkedIn and Facebook. Use #ActOnSW and join the social conversation. For marketing, sales and social best practices, visit the Marketing Action Blog.
Act-On is a leading provider of integrated marketing automation software, helping 1700+ companies tie inbound, outbound and nurturing programs together -- across email, web, mobile, and social. Our customers achieve superior Return on Marketing Investment by using sophisticated behavioral data to increase engagement throughout the customer lifecycle, reduce the cost of customer acquisition, and strengthen customer loyalty. Act-On's fresh approach to marketing automation gives its users full functionality without the complexity other systems impose, and makes campaign creation and program execution easier and faster. Act-On offers a best-in-class professional services team, around the clock customer support, and the APEX ecosystem of partners to provide clients with the tools they need to achieve marketing success.
SAN FRANCISCO, CA--(Marketwired - August 28, 2013) - Engine Yard, the leading Platform as a Service (PaaS), announced that Jim Burleigh, who brings more than 25 years of executive and entrepreneurial experience in the technology market, has joined the company as chief operating officer (COO). In this role, Burleigh will be responsible for the company's sales, marketing, alliances, product management and support functions, as Engine Yard continues to meet the needs of its expanding customer base and delivers on its vision for a flexible, modular cloud application platform.
"Engine Yard is clearly focused on bringing greater flexibility and choice to the cloud, and we've been delivering on our vision with significant enhancements to our cloud application platform," said John Dillon, CEO of Engine Yard. "With his broad experience, Jim will play an integral role in driving the company's move into new markets and expanding our product and service offerings."
Burleigh has executive leadership experience in sales, marketing and product roles at a broad range of successful technology companies. Prior to joining Engine Yard, he was CEO of Cloud9, a provider of sales forecasting and big data analytics solutions. Earlier in his career, Burleigh served as a senior executive at Navis, where he founded the subsidiary SmartTurn and ultimately served as CEO when the company was spun off into an independent entity. SmartTurn was sold to RedPrairie, where Burleigh was senior vice president until joining Cloud9. He was the sixth employee at Salesforce.com, where he served as vice president of Business Development and vice president of Marketing and Product Management. Burleigh earned a Bachelor of Science degree in Engineering and Applied Science from the California Institute of Technology.
"This is an exciting time to be at Engine Yard, as the company is executing on its aggressive vision to redefine the way apps are built, deployed and managed in the cloud," Burleigh said. "I look forward to helping our customers achieve business success by giving them the freedom to focus on innovating and building great apps."
About Engine Yard
Engine Yard is the leading Platform as a Service empowering developers to plan, build, deploy and manage applications in the cloud. Providing unmatched control and choice, Engine Yard delivers a trusted, complete application cloud and expert developer support that enables organizations to focus on creating great applications, instead of managing their platform. Thousands of customers in 58 countries, from explosive-growth Web startups to Fortune 500 enterprises, run on Engine Yard. Headquartered in San Francisco, Calif., Engine Yard is backed by Benchmark Capital, New Enterprise Associates, Oracle and Amazon.
SAN RAMON, CA--(Marketwired - August 28, 2013) - WANdisco (
Richard Fletcher joins WANdisco from British Telecom where he was CIO of BT Conferencing, British Telecom's teleconferencing division. Mr. Fletcher will lead WANdisco's engineering team in developing the company's Big Data and ALM applications to accommodate the rapidly growing Hadoop, Subversion, and Git markets. Prior to BT, Mr. Fletcher served as COO of voice and communications services provider Ribbit, which was acquired by BT. Before Ribbit, he was COO of award-winning broadband and telecommunications provider PlusNet, where he was part of a team that successfully doubled the company's customer base and revenue in less than two years. Mr. Fletcher has his BA in Politics from the University of Sheffield.
Mike Hallett, who will assist in developing WANdisco's sales strategy for its Subversion and Git enterprise solutions, joins WANdisco from CollabNet, where he expanded the company's field operations by developing and executing a variety of channel strategies. Prior to CollabNet, Mr. Hallett was Senior VP with software provider Questra Corporation, where he grew the business from startup to $7M revenue in two years. Prior to Questra, he held senior executive management positions with Kintana, Siebel Systems, and Oracle. Hallett has his degree in Business Economics from Brislington Enterprise College.
Brad Mandell joins WANdisco from MapR, where he was Worldwide VP of Field Operations. Mr. Mandell has been building and expanding field operations teams in field marketing, business development and services and support for over 25 years. Prior to MapR, he was Worldwide VP of Enterprise Business for Juniper, responsible for developing the strategic enterprise business for entering the switching market, new acquisition due diligence and lead field integration of enterprise solutions. Before Juniper, he held senior management positions with Peribit Networks, 3Com, Consentry and Cisco. Mr. Mandell has his BSc in Finance and Management from the University of Santa Clara.
"I am delighted that WANdisco continues to attract the best talent in the industry," said David Richards, CEO of WANdisco. "Richard, Brad and Mike are industry leaders and we're thrilled they're joining WANdisco, especially at such an exciting time."
Hadoop and Subversion are registered trademarks of Apache Software Foundation (ASF). Other product and company names herein may be trademarks of their registered owners.
NEW YORK, NY--(Marketwired - August 28, 2013) - Maxymiser (www.maxymiser.com), the global leader in online testing, personalization and cross-channel optimization, today announced the release of its "Mobilizing the Retail Shopping Experience" Research Study. The report takes a closer look at the role mobile devices play in the retail shopping experience. The full study and findings are available to download today from Maxymiser's website.
In addition, the study sheds light on both the value and rewards retailers can reap by delivering a personalized, relevant and intuitive customer experience on mobile devices.
The major findings include:
American consumers are even more demanding and impatient on mobile devices. The Maxymiser study found that 65 percent of respondents most value an easy-to-use experience and the fast loading of pages and images when visiting a retailer's mobile site.
A poor customer experience on mobile devices can be detrimental to a retailer's bottom line. 39 percent of respondents stated they would leave and visit a competitor's mobile site, and never return, as a result of a "poor" user experience. On top of that, 23 percent would return less often following a poor experience.
Mobile devices complement in-store retail shopping. There is no longer a clear delineation between in-store and mobile retail shopping, as mobile savvy consumers multi-task throughout the day. According to the Maxymiser study, 58 percent of respondents use their smartphone or tablet on the way to a retail store or while shopping in-store.
"If there's one thing we know, it's the importance and value of testing and personalizing the customer experience across all devices," said Paul Dunay, global vice president of marketing, Maxymiser. "This research points to a clear shift in consumers' mobile behavior as well as an urgency among retailers to move mobile optimization to the top of their digital marketing priorities in 2013. Every moment they delay can result in a huge windfall not only in customer engagement and loyalty, but also in revenue."
The "Mobilizing the Retail Shopping Experience" Research Study provides retailers with a snapshot of the changing needs, behavior and preferences of mobile savvy American consumers. The study analyzed a random sample of 1,000 respondents in the United States. Each respondent defined themselves as being 18 years or older, owning at least one smartphone and tablet, as well as having an interest in retail shopping.
Maxymiser empowers brands to transform every digital interaction into seamless, relevant and engaging customer experiences with its cloud-based testing, personalization and cross-channel optimization solutions. Known for serving billions of individual experiences across every device, Maxymiser leverages customer data to dramatically boost engagement and revenue, while also driving long-term business value. Combined with a team of vertically focused digital experts, Maxymiser's Customer Experience Optimization suite quickly delivers measureable results to every client through A/B and multivariate testing, segmentation, behavioral targeting and product recommendations for the web, mobile, social and email.
Maxymiser works with some of the world's most iconic brands, including Progressive, Office Depot, Alaska Airlines, Harry & David, LIDS, Sovereign Bank, Teleflora and Wyndham Hotel Group. Founded in 2006, Maxymiser is headquartered in New York with offices in Chicago, Edinburgh, Dnipropetrovsk, Dusseldorf, London, Munich and San Francisco. To learn more about Maxymiser, please visit www.maxymiser.com and connect with us on Facebook, Twitter and LinkedIn.
NEW YORK, NY--(Marketwired - August 28, 2013) - Infor, a leading provider of business application software serving more than 70,000 customers, today announced the availability of the next generation of Inforce software, delivering a robust, 360-degree view of the customer.
Inforce is an Infor-developed solution built entirely on the Salesforce Platform that connects Salesforce with Infor ERP and financial solutions. The new Inforce functionality reveals critical customer information while supporting shared business processes between the front and back-office. Infor ION technology facilitates two-way communication between the back-office and Inforce, so that relevant customer data entered into ERP automatically updates in Salesforce, and vice versa. Inforce also adds functionality designed specifically for Infor-customer business requirements.
The combined solution supports operational goals of improved marketing, sales and service effectiveness that can be measured by better win rates, larger deals, more frequent cross and up-sell, customer satisfaction and retention and, ultimately, improved profits.
New capabilities now available through Inforce include:
"Successful organizations are continuously looking for ways to create a more responsive enterprise centered on the customer," said Michael Bristol, senior product manager, Infor. "By connecting and enhancing CRM with ERP, organizations have clearer visibility into customer relationships, supporting a more customer-centric business process and providing teams with the tools to successfully leverage the entire customer life cycle in the cloud."
To learn more about Inforce, please visit www.infor.com/product_summary/crm/inforce/.
Infor is fundamentally changing the way information is published and consumed in the enterprise, helping 70,000 customers in 194 countries improve operations, drive growth, and quickly adapt to changes in business demands. Infor offers deep industry-specific applications and suites, engineered for speed, and with an innovative user experience design that is simple, transparent, and elegant. Infor provides flexible deployment options that give customers a choice to run their businesses in the cloud, on-premises, or both. To learn more about Infor, please visit www.infor.com.
Infor customers include:
This announcement reflects the direction Infor may take with regard to the specific product(s) described herein, all of which is subject to change by Infor in its sole discretion, with or without notice to you. This announcement is not a commitment to you in any way and you should not rely on this document or any of its content in making any decision. Infor is not committing to develop or deliver any specified enhancement, upgrade, product or functionality, even if such is described in this announcement and even if such description is accompanied by words such as "anticipate," "believe," "expect," "intend," "may," "plan," "project," "predict," "should," "will," and/or similar expressions. Many factors can affect Infor's product development plans and the nature, content and timing of future product releases, all of which remain in the sole discretion of Infor. This announcement, in whole or in part, may not be incorporated into any contractual agreement with Infor or its subsidiaries or affiliates. Infor expressly disclaims any liability with respect to this announcement.
NEW YORK, NY--(Marketwired - August 28, 2013) - eXelate, the leading smart data and analytics engine powering smarter digital marketing decisions, today announced early momentum and enthusiasm for its recently launched conneX™ cloud infrastructure service. Using the service, online and offline data providers, platforms and DMPs maximize online data distribution and profits by immediately reaching 95 percent of online media platforms. Nielsen Online Audience Segments - TV Viewing is among the first to benefit from conneX.
According to Damian Garbaccio, CRO of eXelate, "eXelate conneX provides data providers with direct access to the best data pipes in the industry. By utilizing eXelate conneX, data providers now have the reach, throughput and reliability they need to increase data revenues and profits while maintaining control of their sales channel. Currently, eXelate conneX provides connections to over 100 media platforms which allows data providers to jumpstart data revenues while maximizing operational efficiency."
Andrew Feigenson, SVP, Digital Client Service at Nielsen stated, "Nielsen Online Audience Segments - TV Viewing is an exciting precision marketing tool that gives our clients the ability to reach TV audiences online. Working with eXelate on this solution has been a pleasure, and we look forward to continuing our relationship."
With an unmatched number of media connections, a single, universal connection point, and an open platform, eXelate conneX offers continuous scale optimization across the ecosystem. Its robust, fully redundant delivery infrastructure and dedicated account management team eliminate the need for data owners to build, maintain and staff their own data pipes. eXelate's sophisticated modeling capabilities further support data owners by driving maximum scale to make online data more effective for marketers.
"Big data continues to get bigger, and many data providers are faced with the challenge of ensuring their growing data pools are not only made available to their digital partners in a timely fashion, but also that they are profit maximizing," said Garbaccio. "eXelate conneX powers over a million media platform synchs per minute, bringing unparalleled scale and throughput to data providers who want one pipe to gain universal scale."
eXelate is the smart data company that powers smarter digital marketing decisions worldwide for marketers, agencies, platforms, publishers and data providers. eXelate's smart data platform provides accurate, actionable, and agile data and analytics on online household demographics, purchase intent, and behavioral propensities. Through the collection of trillions of directly measured online data points and distribution partnerships with information leaders such as Nielsen, Nielsen Catalina, MasterCard Advisors, Bizo, and more, eXelate makes online, offline, and custom modeled data sets actionable across 700M online consumers worldwide. As members of the NAI, IAB, trustE, Council for Accountable Advertising, and Evidon's Open Data Partnership, eXelate is a leader in privacy compliant advertising practices. For more information, please visit http://www.exelate.com or follow @eXelate.