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Huron Consulting Group and Forte Research Systems Announce Strategic Alliance

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Huron Consulting Group and Forte Research Systems Announce Strategic Alliance

CHICAGO--(BUSINESS WIRE)-- Huron Consulting Group (NAS: HURN) , a leading provider of business consulting services, today announced a strategic alliance with Forte Research Systems, a leading provider of enterprise research software, to enhance joint offerings to research institutions. The Huron-Forte alliance is the result of a shared commitment to offer impactful consulting services and effective software solutions to the research industry to provide clients the following:

"The Huron-Forte alliance allows both organizations to provide greater value to our shared clients," said Rick Rohrbach, managing director, Huron Consulting Group. "Huron can help clients transform their clinical research business processes using Forte's OnCore. Huron will help Forte customers optimize the implementation of OnCore and other Forte software solutions to improve their return on investment. Most importantly, the interfaces between our systems will provide customers a seamless and effective research administration solution."


"The Huron-Forte relationship will help clients gain greater efficiency with their clinical trials portfolio. With increasing enterprise-wide implementations and adoption of OnCore, Huron brings the required experience in operational and implementation planning to serve a growing need," said Srini Kalluri, president and chief executive officer, Forte Research Systems. "Existing and new OnCore clients will also be able to take advantage of a planned standards-based interface between Huron's Click IRB and OnCore application, which will further enhance researcher productivity. Through this alliance, we are building on past success in working closely together to broadly address customer needs. The people and approaches on both sides are aligned well for taking this important step together."

The Huron-Forte alliance aims to increase researcher productivity and improve compliance oversight through tight integration of the two companies' products and services. Huron will expand its ability to provide clinical trials solutions beyond its current highly configurable Click Portal. At the same time, Forte gains a deployment partner with significant industry expertise and scale to accelerate the market adoption of their leading OnCore product, which includes CTMS, electronic data capture, and biospecimen management functionality.

About Forte Research Systems

Founded in 2000 and headquartered in Madison, Wisconsin, Forte Research Systems, Inc. develops and markets clinical and translational research software for better research compliance, patient safety, operational efficiency, and financial viability. The company's flagship product, the OnCore Enterprise Research system, has been meeting the needs of academic medical centers, CTSAs, research hospitals, and cancer centers for over a dozen years. Now, its proven electronic data capture platform is available as a stand-alone hosted solution for academic researchers, Overture EDC. For research sites, site networks, and SMOs, Forte offers Allegro® CTMS. Forte is also host to the Clinical Research Blog and other resources for individuals interested in excellence in clinical research operations.

About Click, a Huron Solution

Huron's Click® Portal software has been developed to meet the needs of leading academic medical centers and research institutions throughout North America. Click solutions are deployed by consulting experts from Huron Education working in conjunction with local client teams. Configurable applications for grants administration, research compliance, and clinical trials efficiently manage the business of research by combining information technology with industry best practices. Huron Education's professionals have worked with more than 95 of the top 100 research universities in the U.S. More information can be found at www.huronconsultinggroup.com/click or follow us on Twitter: @Huron.

About Huron Consulting Group

Huron Consulting Group helps clients in diverse industries improve performance, reduce costs, leverage technology, process and review large amounts of complex data, address regulatory changes, recover from distress and stimulate growth. Our professionals employ their expertise in administration, management, finance, operations, strategy and technology to provide our clients with specialized analyses and customized advice and solutions that are tailored to address each client's particular challenges and opportunities to deliver sustainable and measurable results. The Company provides consulting services to a wide variety of both financially sound and distressed organizations, including healthcare organizations, leading academic institutions, Fortune 500 companies, governmental entities and law firms. Huron has worked with more than 95 of the top 100 research universities, more than 400 corporate general counsel, and more than 385 hospitals and academic medical centers. Learn more at www.huronconsultinggroup.com.

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Huron Consulting Group
Jennifer Frost Hennagir, 312-880-3260
jfrost-hennagir@huronconsultinggroup.com
or
Forte Research Systems
Lisa Haddican, 608-830-6745
lisa.haddican@forteresearch.com

KEYWORDS:   United States  North America  Illinois  Wisconsin

INDUSTRY KEYWORDS:

The article Huron Consulting Group and Forte Research Systems Announce Strategic Alliance originally appeared on Fool.com.

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PROS, Deloitte Host Second Webinar: Spotlight on Service Parts Series

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PROS, Deloitte Host Second Webinar: Spotlight on Service Parts Series

--(BUSINESS WIRE)-- PROS Holdings, Inc. (NYS: PRO) :

WHAT:

   

PROS and Deloitte will host the second live webinar in its "Spotlight on Service Parts" series. Participants in the first webinar, Buckle Up: Pricing Road Test, selected pricing strategy as the topic for this webinar through an attendee-driven, decision-based survey.

 
This session will discuss the framework to deliver revenue growth:
 
-- Improve sales and grow revenue in a short 8-12 week period using practical, analytical methods
-- Accelerate your performance using data science and the newest technologies accompanied by sample analyses
 

WHO:

Alice Wachol, Principal at Deloitte, is the featured speaker for this second webinar series.

 

WHEN:

August 27, 2013; 11:00 a.m. - 12:00 p.m. CDT

 

WHERE:

To register for the event, visit the PROS website.

 

About Alice Wachol


Alice Wachol is a Principal at Deloitte Consulting, LLP. She has over 25 years of experience including twenty years of consulting and fifteen years in senior industry positions in Fortune 50 corporations. As a consultant, Wachol has worked on strategic, analytical and technical pricing issues for clients in several industries including automotive, wholesale and diversified manufacturing. Her extensive service and parts project experience includes Ford, Daimler, Mopar, Cummins and other auto companies. She has led more than 25 projects in this arena, delivering more than $500 million in margin benefits for her clients. Wachol has authored articles for several periodicals and has been a featured speaker at retail and manufacturing conferences.

About PROS

PROS Holdings, Inc. (NYS: PRO) is a big data software company that helps customers outperform in their markets by using big data to sell more effectively. We apply 27 years of data science experience to unlock buying patterns and preferences within transaction data to reveal which opportunities are most likely to close, which offers are most likely to sell and which prices are most likely to win. PROS offers big data solutions to optimize sales, pricing, quoting, rebates and revenue management across more than 30 industries. PROS has completed over 600 implementations of its solutions in more than 50 countries. The PROS team comprises more than 700 people around the world. To learn more, visit www.pros.com.

Forward-looking Statements

This press release contains forward-looking statements, including statements about the functionality and benefits of big data software for pricing and sales effectiveness to organizations generally as well as the functionality and benefits of PROS software products. The forward-looking statements contained in this press release are based upon PROS historical experience with big data software and its current expectations of the benefits of big data software for organizations that implement and utilize such software. Factors that could cause actual results to differ materially from those described herein include the addressability of an organization's pricing and revenue management needs, the risks associated with PROS developing and enhancing products with the functionality necessary to deliver the stated results and the risks associated with the complex implementation and maintenance of big data software for pricing and sales effectiveness such as PROS software products. Additional information relating to the uncertainty affecting the PROS business is contained in PROS filings with the Securities and Exchange Commission. These forward-looking statements represent PROS expectations as of the date of this press release. Subsequent events may cause these expectations to change, and PROS disclaims any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise.

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PROS
Yvonne Donaldson, 713-335-5310
ydonaldson@pros.com
or
Kristen Quinn, 713-335-5380
kquinn@pros.com

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

The article PROS, Deloitte Host Second Webinar: Spotlight on Service Parts Series originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

 

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Alnylam Receives Additional Orphan Drug Designation from U.S. Food & Drug Administration for ALN-AT3

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Alnylam Receives Additional Orphan Drug Designation from U.S. Food & Drug Administration for ALN-AT3, an RNAi Therapeutic for the Treatment of Hemophilia

- Orphan Drug Designation for ALN-AT3 Now Includes Treatment of Both Hemophilia A and Hemophilia B -

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Alnylam Pharmaceuticals, Inc. (NAS: ALNY) , a leading RNAi therapeutics company, announced today that the U.S. Food & Drug Administration (FDA) has granted an Orphan Drug Designation (ODD) to ALN-AT3 as a therapeutic for the treatment of hemophilia A. As reported last week, the FDA has also granted ODD to ALN-AT3 for the treatment of hemophilia B. Alnylam is developing ALN-AT3, a subcutaneously administered RNAi therapeutic targeting antithrombin (AT), for the treatment of hemophilia - including hemophilia A, hemophilia B, and hemophilia A or B with "inhibitors" - and other Rare Bleeding Disorders (RBD).


"We are very pleased that the FDA has granted Orphan Drug Designation for ALN-AT3 now for both the treatment of hemophilia A and hemophilia B. As a subcutaneously delivered RNAi therapeutic, we believe it represents an innovative approach for the management of hemophilia and has great potential to make a meaningful impact in the treatment of this often debilitating bleeding disorder," said Saraswathy (Sara) Nochur, Ph.D., Senior Vice President, Regulatory Affairs and Quality Assurance at Alnylam. "ALN-AT3 is a key program in our 'Alnylam 5x15' product development and commercialization strategy, and we look forward to advancing this promising RNAi therapeutic into the clinic in the months to come."

At the recent Congress of the International Society on Thrombosis and Haemostasis, Alnylam presented pre-clinical data demonstrating that ALN-AT3 can normalize thrombin generation and improve hemostasis in hemophilia mice and can fully correct thrombin generation in a non-human primate (NHP) hemophilia "inhibitor" model. ALN-AT3 utilizes the company's proprietary GalNAc conjugate delivery platform, enabling subcutaneous dose administration. Alnylam plans to file an investigational new drug (IND) application for ALN-AT3 in the fourth quarter of 2013 and initiate a Phase I clinical trial in early 2014.

The FDA Office of Orphan Products Development (OOPD) mission is to advance the evaluation and development of products that demonstrate promise for the diagnosis and/or treatment of rare diseases or conditions. OOPD provides incentives for sponsors to develop products for rare diseases. The Orphan Drug Designation program provides orphan status to drugs and biologics which are defined as those intended for the safe and effective treatment, diagnosis or prevention of rare diseases/disorders that affect fewer than 200,000 people in the U.S.

About Hemophilia and Rare Bleeding Disorders (RBD)

Hemophilias are hereditary disorders caused by genetic deficiencies of various blood clotting factors, resulting in recurrent bleeds into joints, muscles, and other major internal organs. Hemophilia A is defined by loss-of-function mutations in factor VIII, and there are greater than 40,000 people in the U.S. and E.U. Hemophilia B, defined by loss-of-function mutations in factor IX, affects greater than 9,500 people in the U.S. and E.U. Other Rare Bleeding Disorders (RBD) are defined by congenital deficiencies of other blood coagulation factors, including Factors II, V, VII, X, and XI, and there are about 1,000 people worldwide with a severe bleeding phenotype. Standard treatment for people with hemophilia involves replacement of the missing clotting factor either as prophylaxis or on-demand therapy. However, as many as one third of people with hemophilia A will develop an antibody to their replacement factor - a very serious complication; these 'inhibitor' subjects become refractory to standard replacement therapy. There exists a small subset of people with hemophilia who have co-inherited a prothrombotic mutation, such as factor V Leiden, antithrombin deficiency, protein C deficiency, and prothrombin G20210A. People with hemophilia that have co-inherited these prothrombotic mutations are characterized as having a later onset of disease, lower risk of bleeding, and reduced requirements for factor VIII or factor IX treatment as part of their disease management. There exists a significant need for novel therapeutics to treat hemophilia and RBD.

About Antithrombin (AT)

Antithrombin (AT, also known as "antithrombin III" and "SERPINC1") is a liver expressed plasma protein and member of the "serpin" family of proteins that acts as an important endogenous anticoagulant by inactivating factor Xa and thrombin. AT plays a key role in normal hemostasis, which has evolved to balance the need to control blood loss through clotting with the need to prevent pathologic thrombosis through anticoagulation. In hemophilia, the loss of certain procoagulant factors (Factor VIII and Factor IX, in the case of hemophilia A and B, respectively) results in an imbalance of the hemostatic system toward a bleeding phenotype. In contrast, in thrombophilia (e.g., factor V Leiden, protein C deficiency, antithrombin deficiency, amongst others), certain mutations result in an imbalance in the hemostatic system toward a thrombotic phenotype. Since co-inheritance of prothrombotic mutations may ameliorate the clinical phenotype in hemophilia, inhibition of AT defines a novel strategy for improving hemostasis.

About RNA Interference (RNAi)

RNAi (RNA interference) is a revolution in biology, representing a breakthrough in understanding how genes are turned on and off in cells, and a completely new approach to drug discovery and development. Its discovery has been heralded as "a major scientific breakthrough that happens once every decade or so," and represents one of the most promising and rapidly advancing frontiers in biology and drug discovery today which was awarded the 2006 Nobel Prize for Physiology or Medicine. RNAi is a natural process of gene silencing that occurs in organisms ranging from plants to mammals. By harnessing the natural biological process of RNAi occurring in our cells, the creation of a major new class of medicines, known as RNAi therapeutics, is on the horizon. Small interfering RNA (siRNA), the molecules that mediate RNAi and comprise Alnylam's RNAi therapeutic platform, target the cause of diseases by potently silencing specific mRNAs, thereby preventing disease-causing proteins from being made. RNAi therapeutics have the potential to treat disease and help patients in a fundamentally new way.

About Alnylam Pharmaceuticals

Alnylam is a biopharmaceutical company developing novel therapeutics based on RNA interference, or RNAi. The company is leading the translation of RNAi as a new class of innovative medicines with a core focus on RNAi therapeutics toward genetically defined targets for the treatment of serious, life-threatening diseases with limited treatment options for patients and their caregivers. These include: ALN-TTR02, an intravenously delivered RNAi therapeutic targeting transthyretin (TTR) for the treatment of TTR-mediated amyloidosis (ATTR) in patients with familial amyloidotic polyneuropathy (FAP); ALN-TTRsc, a subcutaneously delivered RNAi therapeutic targeting TTR for the treatment of ATTR in patients with familial amyloidotic cardiomyopathy (FAC); ALN-AT3, an RNAi therapeutic targeting antithrombin (AT) for the treatment of hemophilia and rare bleeding disorders (RBD); ALN-AS1, an RNAi therapeutic targeting aminolevulinate synthase-1 (ALAS-1) for the treatment of porphyria including acute intermittent porphyria (AIP); ALN-PCS, an RNAi therapeutic targeting PCSK9 for the treatment of hypercholesterolemia; ALN-TMP, an RNAi therapeutic targeting TMPRSS6 for the treatment of beta-thalassemia and iron-overload disorders; ALN-AAT, an RNAi therapeutic targeting alpha-1-antitrypsin (AAT) for the treatment of AAT deficiency liver disease; and ALN-CC5, an RNAi therapeutic targeting complement component C5 for the treatment of complement-mediated diseases, amongst other programs. As part of its "Alnylam 5x15TM" strategy, the company expects to have five RNAi therapeutic products for genetically defined diseases in clinical development, including programs in advanced stages, on its own or with a partner by the end of 2015. Alnylam has additional partnered programs in clinical or development stages, including ALN-RSV01 for the treatment of respiratory syncytial virus (RSV) infection and ALN-VSP for the treatment of liver cancers. The company's leadership position on RNAi therapeutics and intellectual property have enabled it to form major alliances with leading companies including Merck, Medtronic, Novartis, Biogen Idec, Roche, Takeda, Kyowa Hakko Kirin, Cubist, Ascletis, Monsanto, Genzyme, and The Medicines Company. In addition, Alnylam holds an equity position in Regulus Therapeutics Inc., a company focused on discovery, development, and commercialization of microRNA therapeutics. Alnylam has also formed Alnylam Biotherapeutics, a division of the company focused on the development of RNAi technologies for applications in biologics manufacturing, including recombinant proteins and monoclonal antibodies. Alnylam's VaxiRNA™ platform applies RNAi technology to improve the manufacturing processes for vaccines; GlaxoSmithKline is a collaborator in this effort. Alnylam scientists and collaborators have published their research on RNAi therapeutics in over 100 peer-reviewed papers, including many in the world's top scientific journals such as Nature, Nature Medicine, Nature Biotechnology, and Cell. Founded in 2002, Alnylam maintains headquarters in Cambridge, Massachusetts. For more information, please visit www.alnylam.com.

About "Alnylam 5x15™"

The "Alnylam 5x15" strategy, launched in January 2011, establishes a path for development and commercialization of novel RNAi therapeutics toward genetically defined targets for the treatment of diseases with high unmet medical need. Products arising from this initiative share several key characteristics including: a genetically defined target and disease; the potential to have a major impact in a high unmet need population; the ability to leverage the existing Alnylam RNAi delivery platform; the opportunity to monitor an early biomarker in Phase I clinical trials for human proof of concept; and the existence of clinically relevant endpoints for the filing of a new drug application (NDA) with a focused patient database and possible accelerated paths for commercialization. By the end of 2015, the company expects to have five such RNAi therapeutic programs in clinical development, including programs in advanced stages, on its own or with a partner. The "Alnylam 5x15" programs include: ALN-TTR02, an intravenously delivered RNAi therapeutic targeting transthyretin (TTR) for the treatment of TTR-mediated amyloidosis (ATTR) in patients with familial amyloidotic polyneuropathy (FAP); ALN-TTRsc, a subcutaneously delivered RNAi therapeutic targeting TTR for the treatment of ATTR in patients with familial amyloidotic cardiomyopathy (FAC); ALN-AT3, an RNAi therapeutic targeting antithrombin (AT) for the treatment of hemophilia and rare bleeding disorders (RBD); ALN-AS1, an RNAi therapeutic targeting aminolevulinate synthase-1 (ALAS-1) for the treatment of porphyria including acute intermittent porphyria (AIP); ALN-PCS, an RNAi therapeutic targeting PCSK9 for the treatment of hypercholesterolemia; ALN-TMP, an RNAi therapeutic targeting TMPRSS6 for the treatment of beta-thalassemia and iron-overload disorders; ALN-AAT, an RNAi therapeutic targeting alpha-1-antitrypsin (AAT) for the treatment of AAT deficiency liver disease; and ALN-CC5, an RNAi therapeutic targeting complement component C5 for the treatment of complement-mediated diseases, amongst other programs. Alnylam intends to focus on developing and commercializing certain programs from this product strategy itself in North and South America, Europe, and other parts of the world; these include ALN-TTR, ALN-AT3, ALN-AS1, and ALN-CC5.

Alnylam Forward-Looking Statements

Various statements in this release concerning Alnylam's future expectations, plans and prospects, including without limitation, Alnylam's expectations regarding its "Alnylam 5x15" product strategy, Alnylam's views with respect to the potential for RNAi therapeutics, including ALN-AT3 for the treatment of hemophilia and Rare Bleeding Disorders, its expectations with respect to the timing and success of its clinical and pre-clinical trials, the expected timing of regulatory filings, including its plan to file an IND application and initiate clinical trials for ALN-AT3, its plans to seek a partner for certain 'Alnylam 5x15' programs, and its plans regarding commercialization of RNAi therapeutics, constitute forward-looking statements for the purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including, without limitation, Alnylam's ability to manage operating expenses, Alnylam's ability to discover and develop novel drug candidates and delivery approaches, successfully demonstrate the efficacy and safety of its drug candidates, the pre-clinical and clinical results for its product candidates, which may not support further development of product candidates, actions of regulatory agencies, which may affect the initiation, timing and progress of clinical trials, obtaining, maintaining and protecting intellectual property, Alnylam's ability to enforce its patents against infringers and defend its patent portfolio against challenges from third parties, obtaining regulatory approval for products, competition from others using technology similar to Alnylam's and others developing products for similar uses, Alnylam's ability to obtain additional funding to support its business activities and establish and maintain strategic business alliances and new business initiatives, Alnylam's dependence on third parties for development, manufacture, marketing, sales and distribution of products, the outcome of litigation, and unexpected expenditures, as well as those risks more fully discussed in the "Risk Factors" filed with Alnylam's current report on Form 10-Q filed with the Securities and Exchange Commission (SEC) on August 9, 2013 and in other filings that Alnylam makes with the SEC. In addition, any forward-looking statements represent Alnylam's views only as of today and should not be relied upon as representing its views as of any subsequent date. Alnylam explicitly disclaims any obligation to update any forward-looking statements.

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Alnylam Pharmaceuticals, Inc.
Cynthia Clayton, 617-551-8207
Vice President, Investor Relations and Corporate Communications
or
Spectrum
Amanda Sellers (Media), 202-955-6222 x2597

KEYWORDS:   United States  North America  Massachusetts

INDUSTRY KEYWORDS:

The article Alnylam Receives Additional Orphan Drug Designation from U.S. Food & Drug Administration for ALN-AT3, an RNAi Therapeutic for the Treatment of Hemophilia originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

 

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Dell Software Extends Virtualization Operations Management Suite to Further Enable Data Center Effic

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Dell Software Extends Virtualization Operations Management Suite to Further Enable Data Center Efficiency and Cost Reductions

  • Accelerates IT and helps cuts operational costs by reducing infrastructure complexity with end-to-end visibility and best practice advice built on years of virtualization management experience
  • Enables effective, rapid implementation of virtualization and cloud computing initiatives with the insight required to optimize configuration management, resource utilization and storage

ROUND ROCK, Texas--(BUSINESS WIRE)-- Dell Softwaretoday announced the next generation of its virtualization operations management suite. The suite is comprised of a trio of solutions that help businesses of all sizes streamline virtualization, storage and cloud computing initiatives. The new releases include Foglight™ for Virtualization, Enterprise and Standard Editions 7.0 and Foglight™ for Storage Management 3.0. These releases address a number of data center transformation challenges - from optimizing performance and efficiency in your virtual environment to solving end-to-end storage and virtualization challenges in complex and cloud based systems.

News Facts:

  • Foglight™ for Virtualization, Enterprise Edition 7.0 provides end-to-end performance monitoring and operations management for heterogeneous virtual environments to help reduce operational costs, speed deployments and simplify the complexity of the data center virtual and physical infrastructure. This comprehensive solution also includes deep integration with storage, Microsoft Active Directory, and Microsoft Exchange modules to provide performance analysis and advice across data center infrastructure. New optimization functionality allows I&O administrators to significantly increase consolidation ratios with improved visibility and analytics geared toward right-sizing CPU, memory, and storage, and effectively manages virtual machine (VM) sprawl by reclaiming resources through new optimization insight into such waste as powered off VMs, Zombie VMs, abandoned images, and unused templates and snapshots. Additional enhancements include:
    • VMware vCloud Director support formonitoring and optimizing private cloud implementation
    • VMware View support for end-to-end visibility into performance of the virtual desktop infrastructure (VDI), including users and sessions
    • vSphere 5.5 support includingall generally available VMware platforms
  • Foglight™ for Storage Management 3.0 helps to ensure the right storage configuration to optimize virtual infrastructure performance and availability. It provides virtualization managers with complete visibility into the underlying physical storage infrastructure that lies beneath the virtual datastores, enabling them to immediately identify hosts, VMs, and datastores experiencing performance problems caused by underlying physical host, fabric and storage components and tips to fix the issues. Foglight for Storage Management gathers extensive performance metrics and presents this data within a rich graphical interface incorporating architectural diagrams, graphs, alerts, and drill-down screens for fast and easy identification of virtual and physical storage problems. New feature functionality provides:
    • Pool level analysis to track remaining capacity and over-commitment for thin provisioning
    • Performance analyzer to provide one-click performance troubleshooting visibility from VM to array to sub-array level in a single dashboard
    • Additional device support for Dell Compellent, Dell EqualLogic, and EMC VMAX
  • Foglight™ for Virtualization, Standard Edition 7.0is specifically designed for the small-to-medium size environment, with a focus on ease of use and quick time to value. It provides administrators insight into virtual environment performance and automated resource optimization, capacity planning, chargeback and showback, and change analysis and compliance. New capacity management and planning functionality helps to drive data center sustainability and reduce power consumption to decrease operating costs and capital expenditures, while improving workload performance. It does this by analyzing existing VM workload requirements against the entire environment and identifying the minimum number of host servers required over time to safely support workloads. Additional new enhancements include:
    • Enhanced User Interface for a more intuitive approach to capacity management and planning
    • New Capacity Planning Features to prepare for host server refresh, upgrade, or expansion projects by finding the optimum configurations and minimum number of new or existing host servers to maximize VM performance while minimizing server cost, space, and power needs
    • New Power Minimization Feature to reduce costs by determining the minimum number of host servers needed over time to safely run workloads, and estimating potential cost savings by powering down unneeded servers
    • New Optimization toautomaticallyadjust virtual machine disk sizes up or down, based on actual use

Quote:

John Maxwell, executive director, product management, Dell Software

"As Infrastructure and Operations professionals are faced with increased expectations to deliver business value, they are expected to not only reduce the total cost of the data center, but also drive agility, quickly deploy new applications, and deliver the highest level of performance. This 'deliver more with less' conundrum is about having the ability to quickly and agilely scale the capacity of the data center up or down as business requirements change at the lowest possible cost. Dell Software's virtualization operations management suite helps simplify the complexity of today's modern data centers to help I&O professionals deliver on these top priorities, resolve problems before they affect business-critical applications, and ensure the highest level of customer satisfaction."

Pricing and Availability:

  • Foglight for Virtualization, Enterprise Edition 7.0 remains priced at $799 per physical socket in managed servers, and is available for download from the Dell Software website. It is expected to be generally available on August 31.
  • Foglight for Storage Management 3.0 remains priced at $499 per socket, and is available for download from the Dell Software website. It is expected to be generally available on August 31.
  • Foglight for Virtualization, Standard Edition 7.0 operates as a standalone tool, or can easily integrate with Dell Software's Foglight for Virtualization, Enterprise Edition software. Priced at $399 per physical socket in managed servers, and available for download from the Dell Software website, it is expected to be generally available on August 31.

Supporting Resources:

About Dell Software

Dell Software helps customers unlock greater potential through the power of technology—delivering scalable, affordable and simple-to-use solutions that simplify IT and mitigate risk. The Dell Software portfolio addresses five key areas of customer needs: data center and cloud management, information management, mobile workforce management, security and data protection. This software, when combined with Dell hardware and services, drives unmatched efficiency and productivity to accelerate business results.

About Dell

Dell Inc. (NAS: DELL) listens to customers and delivers innovative technology and services that give them the power to do more. For more information, visit www.dell.com.

Dell is a trademark of Dell Inc. Dell disclaims any proprietary interest in the marks and names of others.

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Dell Software
Media Contact:
Lisa Williams, 781-924-1171
lisa.williams@software.dell.com
or
Analyst Contact:
Beth Johnson, 949-754-8427
beth.johnson@software.dell.com

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

The article Dell Software Extends Virtualization Operations Management Suite to Further Enable Data Center Efficiency and Cost Reductions originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

 

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Splunk Customers Achieve Accelerated Operational Visibility With the Splunk App For VMware 3.0

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Splunk Customers Achieve Accelerated Operational Visibility With the Splunk App For VMware 3.0

Customers Solve Broad Challenges in Virtualized Environments

SAN FRANCISCO--(BUSINESS WIRE)-- Splunk Inc. (NAS: SPLK) , the leading software platform for real-time operational intelligence, today announced the general availability (GA) of the latest version of the Splunk App for VMware to provide accelerated operational visibility into virtualized environments. Customers rely on the Splunk App for VMware for proactive monitoring, comprehensive operational analytics and to correlate VMware data with all other technology tiers beyond virtualization, including applications, operating systems and hardware infrastructure such as servers, storage and network devices. Learn more about the Splunk App for VMware 3.0 and click here to watch an educational video.


"The Splunk App for VMware showcases Splunk's leadership in providing deep levels of analytics across the entire infrastructure. With more than 25 out-of-the-box reports, the Splunk App for VMware shines a light on the entire virtual infrastructure and enables administrators to quickly resolve issues and get deeper analytics about the health, security and capacity of their environments," said Leena Joshi, senior director of solutions marketing, Splunk. "With Splunk software, customers can achieve a broad, central view of key performance indicators across the entire data center, not just the virtualization layer. This helps ensure improved user satisfaction and effective resource planning as well as the ability to track changes, control costs and eliminate vulnerabilities."

"As virtualization evolves to support mission critical applications and workloads, so does the need for improved infrastructure monitoring and analytics," said Bernd Harzog, analyst, The Virtualization Practice. "The new release of the Splunk App for VMware introduces new scalability and usability enhancements and enables the visibility benefits associated with correlating VMware data with other operational data."

Splunk App for VMware Delivers Visibility Across Entire Infrastructure

The latest version of the app installs quickly and comes with a resilient and auto-load-balanced configuration allowing for uninterrupted visibility into VMware environments. Splunk customers report they are already benefitting from the Splunk App for VMware and are scaling it rapidly to large virtual environments.

"The Splunk App for VMware is key to our operations as it provides insight to the virtualization data. We are now able to easily correlate problem VMs to application metrics," said Paris Georgallis, vice president of platform operations, RMS. "We love the granular visibility across all tiers of our virtualized infrastructure. With this new level of visibility, we are able to trend, baseline and analyze CPU, memory and disk consumption and forecast and plan for growth."

The Splunk App for VMware 3.0 includes several patent-pending technologies including visualizations that help analyze the health of virtual environments. The app provides real-time granular visibility into VMware environments across hosts, virtual machines and virtual centers based on pre-defined thresholds and pre-packaged log analyses. It allows administrators to:

  • Correlate data from the virtual infrastructure with data from applications, operating systems, physical hardware and networks for end-to-end visibility.
  • Visualize the operational health of the VMware environment with near real-time identification of underperforming/distressed hosts, virtual machines and data stores.
  • Access interactive, visual maps of their virtual environments, highlighting problems and emphasizing statistical comparisons of performance metrics.
  • Gain visibility into potential security breaches and non-compliant usage patterns.
  • Analyze resource consumption and optimize capacity to gain operational efficiencies.
  • Allow accurate historical analyses and troubleshooting with granular performance metrics and log data all in one place, directly collected from Virtual Centers and via syslog.
  • Gain access to blazing fast query performance for rapid data exploration on massive data volumes.
  • Track changes with visibility into vCenter tasks and events in the context of their virtual environment performance metrics, logs and topology.

Contact Splunk sales at sales@splunk.com to sign up for a 90-day free trial, and click here to learn more about the Splunk App for VMware.

Splunk will be demonstrating the Splunk App for VMware 3.0 at VMworld 2013 in San Francisco from August 25-29. See a live demonstration in addition to other Splunk operational intelligence, security and virtualization solutions that will be demonstrated at booth #2023.

Register now for .conf2013, the 4th Annual Splunk Worldwide Users' Conference, featuring more than 100 sessions by Splunk customers, partners, experts and employees. .conf2013 is being held September 30-October 3 at The Cosmopolitan in Las Vegas.

About Splunk Inc.

Splunk Inc. (NAS: SPLK) provides the engine for machine data™. Splunk® software collects, indexes and harnesses the machine-generated big data coming from the websites, applications, servers, networks, sensors and mobile devices that power business. Splunk software enables organizations to monitor, search, analyze, visualize and act on massive streams of real-time and historical machine data. 5,600 enterprises, universities, government agencies and service providers in over 90 countries use Splunk Enterprise to gain Operational Intelligence that deepens business and customer understanding, improves service and uptime, reduces cost and mitigates cybersecurity risk. Splunk Storm®, a cloud-based subscription service, is used by organizations developing and running applications in the cloud.

To learn more, please visit www.splunk.com/company.

Splunk, Splunk>, Splunk Storm, Listen to Your Data, SPL and The Engine for Machine Data are trademarks and registered trademarks of Splunk Inc. in the United States and other countries. All other brand names, product names, or trademarks belong to their respective owners. © 2013 Splunk Inc. All rights reserved.

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Splunk Inc.
Allyson Stinchfield, 415-852-5612
astinchfield@splunk.com
Ken Tinsley, 415-848-8476 (Investors)
ktinsley@splunk.com

KEYWORDS:   United States  North America  California  Nevada

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The article Splunk Customers Achieve Accelerated Operational Visibility With the Splunk App For VMware 3.0 originally appeared on Fool.com.

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J.C. Penney: Kicking Ron Johnson Will Not Make Profits Come Back

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JCP-logoJ.C. Penney Co. Inc. (NYSE: JCP) reported second-quarter 2013 results before markets opened this morning. The venerable retailer reported an adjusted diluted earnings per share (EPS) loss of $2.16, as well as $2.66 billion in revenues. In the same period a year ago, J.C. Penney reported an EPS loss of $0.37 on revenue of $3.02 billion. This morning's results also compare to the Thomson Reuters consensus estimates for an EPS loss of $1.06 and $2.76 billion in revenue.

On a GAAP basis, J.C. Penney posted an EPS loss of $2.66, which includes a $0.99 per share charge for a loss associated with a tax valuation allowance. That hardly makes a difference.

The company's CEO said:

Since I returned to jcpenney four months ago, we have moved quickly to stabilize our business - both financially and operationally - and we have made meaningful progress in important areas of the business. There are no quick fixes to correct the errors of the past. That said, we have identified the challenges, put solid plans in place to address them and have experienced and capable people in key roles to do so. ... Moving forward, we're focusing our efforts on regaining customer loyalty by offering trusted brands, award winning service and affordability that families can depend on.

Same-store sales fell 11.9% in the quarter. That awful performance was attributed to "the Company's failed prior merchandising and promotional strategies, which resulted in unusually high markdowns and clearance levels in the second quarter."

That is not all the previous CEO took a few lumps for. J.C. Penney's Home department dragged down same-store sales by 2.4% due to "the lengthy renovation and disappointing re-merchandising" of the department.

Okay, so former CEO Ron Johnson did not have the formula to turn around J.C. Penney's business. We get it. But maybe it is time to stop blaming him for all the company's ills and come up with better ideas than the ones that Johnson was brought in to fix in the first place.

Wisely, the company did not offer any guidance because it really does not have a clue. The consensus analysts' estimates call for a third quarter EPS loss of $0.80 on revenues of $2.96 billion. For the full year, the consensus estimate calls for a loss of $3.49 per share on revenues of $12.32 billion. Those estimates are now consigned to the dustbin of history. The situation will be much worse than that.

Shares are up 1.4% in premarket trading this morning, at $13.40 in a 52-week range of $12.34 to $32.55. Thomson Reuters had a consensus analyst price target of around $16.25 before today's results were announced.


Filed under: Retail Tagged: JCP

 

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Market Minute: Home Depot Earnings Soar as J.C. Penney Sinks - Again

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Earnings from big retailers will drive the market today. That and more is what's in business news Tuesday.

Stocks extended last week's big losses Monday. The Dow Jones industrial average (^DJI) fell 70 points, its fourth straight decline, and the Dow's longest losing streak this year. The Standard & Poor's 500 index (^GPSC) lost 9, and the Nasdaq composite index (^IXIC) fell dropped 13 points. Investors are rattled by rising interest rates and tumbling prices in emerging markets.

home depot store shoppers earnings wall street stocks investing
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Home Depot's (HD) quarterly earnings rose by a better-than-expected 17 percent and the do-it-yourself retailer raised its outlook for the rest of the year, led by the housing market recovery.

J.C. Penney (JCP) continues to bleed money. It posted another big loss, but its results weren't as bad as some forecasts, and the stock is set to rally.

Shares of electronics retailer Best Buy (BBY) are also set to soar after earnings easily topped expectations. And teen-oriented retailer Urban Outfitters (URBN) posted a 25 percent earnings gain, topping expectations.

Another day, another investigation into JPMorgan Chase (JPM). The Wall Street Journal reports the Justice Department is probing whether the company manipulated U.S. energy markets. The bank settled similar charges with federal regulators last month by agreeing to pay more than $400 million.

Career Education (CECO) has agreed to reimburse $9 million to 5,000 former students. New York's attorney general had accused the for-profit education company of inflating its rate of success in placing graduates into jobs.

Barnes & Noble (BKS) has kissed and made up with Simon & Schuster, the publishing unit of CBS (CBS). The two companies have been battling all year over the financial terms on issues like e-books and in-store promotions. As a result, the bookstore chain has limited the number of Simon & Schuster titles available in its stores. Barnes & Noble is also out with earnings today.

Struggling online retailer Overstock.com (OSTK) says it will permanently match book prices offered by Amazon.com (AMZN). Overstock will also offer a 15 percent rebate on books to members of its loyalty club.

-Produced by Drew Trachtenberg.

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First Solar, Roseville Sign Contract for Lost Hills PPA

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First Solar, Roseville Sign Contract for Lost Hills PPA

TEMPE, Ariz.--(BUSINESS WIRE)-- First Solar, Inc. (NAS: FSLR) and the City of Roseville, California, today announced they have signed a power purchase agreement (PPA) for 32MWAC of solar electricity to be generated at the Lost Hills photovoltaic power plant that First Solar is developing and will construct in Kern County, California.

The 10-year PPA is First Solar's first such agreement with a municipal utility, and is effective in 2015. The PPA was approved by the Roseville City Council on July 17, 2013.


The Lost Hills project construction could start in early 2014, and is expected to create up to 200 jobs at its peak.

"We are proud to add this project to Roseville Electric's portfolio," said Brian Kunz, First Solar's Vice President of Project Development. "It will help the city reach its state renewable energy goals, while giving residents the benefit of clean, affordable electricity."

Roseville Electric purchased 325,000 MWH of renewable energy for $24 million for 10 years. The contract cost $6.5 million less than similar renewable energy purchase offers in 2012.

"We are pleased to acquire renewable electricity to help us reach the state's requirement for 33 percent by 2020," said Roseville Electric Utility Director Michelle Bertolino. "As a community-owned utility, contracts such as this help minimize the cost impact on our customers while maintaining highly reliable service."

Under the agreement, Roseville will receive 100 percent of the Lost Hills power plant's output for the first four years of the agreement; it will then decline to a smaller percentage of the output. First Solar has an additional PPA for Lost Hills' output with Pacific Gas and Electric, which goes into effect in 2019.

In its first year, Lost Hills will produce enough clean, renewable energy to power more than 11,000 homes, offsetting more than 20,000 metric tons of CO2 annually, which is the equivalent of taking about 4,000 cars off the road each year, and displacing over 18,000 metric tons of water consumption annually.

About Roseville Electric

Established in 1912, Roseville Electric is the City's electric utility provider. Its 130 employees proudly serve more than 55,000 residential and business customers located in Placer County, just east of Sacramento. As a community-owned utility, Roseville Electric's primary purpose is to provide highly reliable electricity to the businesses and residents of Roseville.

About First Solar, Inc.

First Solar is a leading global provider of comprehensive photovoltaic (PV) solar systems which use its advanced module and system technology. The company's integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. From raw material sourcing through end-of-life module recycling, First Solar's renewable energy systems protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com.

For First Solar Investors

This release contains forward-looking statements which are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements, among other things, concerning: our business strategy, including anticipated trends and developments in and management plans for our business and the markets in which we operate; future financial results, operating results, revenues, gross margin, operating expenses, products, projected costs, warranties, solar module efficiency and balance of systems ("BoS") cost reduction roadmaps, restructuring, product reliability and capital expenditures; our ability to continue to reduce the cost per watt of our solar modules; our ability to reduce the costs to construct photovoltaic ("PV") solar power systems; research and development programs and our ability to improve the conversion efficiency of our solar modules; sales and marketing initiatives; and competition. These forward-looking statements are often characterized by the use of words such as "estimate," "expect," "anticipate," "project," "plan," "intend," "believe," "forecast," "foresee," "likely," "may," "should," "goal," "target," "might," "will," "could," "predict," "continue" and the negative or plural of these words and other comparable terminology. Forward-looking statements are only predictions based on our current expectations and our projections about future events. You should not place undue reliance on these forward-looking statements. We undertake no obligation to update any of these forward-looking statements for any reason. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from those expressed or implied by these statements. These factors include, but are not limited to, the matters discussed in Item 1A: "Risk Factors," of our Annual Report on Form 10-K for the year ended December 31, 2012, as updated and supplemented by risk factors included in our Prospectus dated June 12, 2013 filed with the SEC pursuant to Rule 424(b)(5) (the "Prospectus"), Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other reports filed with the SEC.

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First Solar Media
Steve Krum
+1 602-427-3359
steve.krum@firstsolar.com
or
First Solar Investors
David Brady
+1 602-414-9315
dbrady@firstsolar.com
or
Ryan Ferguson
+1 602-414-9315
rferguson@firstsolar.com
or
Roseville Electric Media
Vonette McCauley
Public Relations Manager
+1 916-774-5625
vmccauley@roseville.ca.us

KEYWORDS:   United States  North America  Arizona  California

INDUSTRY KEYWORDS:

The article First Solar, Roseville Sign Contract for Lost Hills PPA originally appeared on Fool.com.

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Tier 1 Insurance Carrier Division Selects Cover-All Business Intelligence Suite

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Tier 1 Insurance Carrier Division Selects Cover-All Business Intelligence Suite

Cover-All BI Suite to Generate Actionable Business Insights

MORRISTOWN, N.J.--(BUSINESS WIRE)-- Cover-All (NYSE MKT:COVR), a leading provider of innovative and modern P/C insurance technology solutions announced today that a division of a nationally well-known Tier 1 insurance company has selected Cover-All's Business Intelligence Suite (BI) software to execute its information strategy. Cover-All will also provide services to implement Cover-All BI products and work directly with the customer during the implementation.


The newest Cover-All BI customer is a rapidly growing division of a Tier 1 carrier with a significant volume of data from various data sources. To meet today's needs and prepare for future growth with significant competitive advantages; the customer has selected Cover-All BI and related services to execute their information strategy.

Amongst the key considerations for selecting Cover-All BI were its P/C insurance focus, complete end-to-end BI solution, flexibility to extend the product with customer specific unique needs, significant pre-built and proven functionality and speed of implementation.

The customer is expected to receive the following business benefits after a rapid implementation of Cover-All BI solution:

  • Single information platform and distribution of up-to-date information with appropriate details to support information-driven decisions.
  • Improved agency engagement through sharing and collaboration of information including performance and trends.
  • Improved product selections for the customers for generating cross sales.
  • Reduced operating expenses by eliminating significant manual work for information gathering and reconciliation.
  • Identification of insurance capacity gaps to invest in profitable programs.

"We are pleased to welcome our new customer to a growing list of Cover-All customers," said Manish Shah, president and CEO of Cover-All. "Our self-serve, industry focused and scalable BI solution will allow our customer to realize their business benefits quickly. We are looking forward to working with our new customer in executing their information strategy."

The Cover-All BI solution revealsbusiness insights through significant pre-built and extendable functionality focused on P/C insurance. Cover-All BI is a complete business intelligence and analytics solution with responsive visualization, self-serve tools targeted for business users and many other features. Cover-All provides a robust state-of-the-art, browser-based family of Policy, Business Intelligence, Claims and Studio solutions designed for P/C Insurance to deliver products to market faster, enhance quality, ensure compliance, and reduce costs through operational efficiencies.

About Cover-All Technologies

Cover-All provides P&C insurance professionals a robust state-of-the-art, browser-based family of Policy, Business Intelligence, and Claims solutions designed to deliver products to market faster, enhance quality, ensure compliance, and reduce costs. With offices in Morristown, NJ, Manhattan and Honolulu, Cover-All continues its tradition of developing technology solutions designed to revolutionize the way P&C insurance business is conducted.

Additional information is available online at www.cover-all.com .

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Cover-All:
Alyssa Hostelley, (808) 772-1472
EVP, Marketing
ahostelley@cover-all.com

KEYWORDS:   United States  North America  New Jersey

INDUSTRY KEYWORDS:

The article Tier 1 Insurance Carrier Division Selects Cover-All Business Intelligence Suite originally appeared on Fool.com.

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3M Launches Low-Power Active Optical Pluggable Transceiver for QSFP+ Applications

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3M Launches Low-Power Active Optical Pluggable Transceiver for QSFP+ Applications

—IBTA-certified QSFP+ transceiver offers energy-efficient, affordable interconnect alternative for structured cabling networks—

AUSTIN, Texas--(BUSINESS WIRE)-- The 3M brand Active Optical QSFP+ Pluggable Transceiver, new from the 3M Electronic Solutions Division, provides designers and managers of structured cabling networks with a low-power, affordably priced interconnect alternative. Operating at 750mW typical, it is among the most energy efficient pluggable transceivers for QSFP+ applications currently available on the market.


The InfiniBand Trade Association (IBTA)-certified transceiver terminates MPO/MTP fiber patch cords or jumper cables to connect switches, servers, storage and routers in data centers, high-performance computing (HPC) clusters and other high-throughput networking environments. The transceiver's industry-standard 12-fiber MPO/MTP interface allows users to plug and unplug the fiber assembly as needed for ease of installation and maintenance.

The Active Optical Pluggable Transceiver for QSFP+ applications from 3M transmits four parallel channels operating at up to 10.5 Gbps each. Utilizing VCSEL-based [not our engine] light-engine technology, the transceiver supports high-speed transmission up to 100 meters over OM3 multimode fiber cable. It is designed to meet the SFF-8436 standard, which is compatible with InfiniBand QDR and 40 Gigabit Ethernet standards (40G BASE-SR4).

The 6B2A series of QSFP+ transceivers are shipped with port plugs to protect the transceiver's optics, reducing the potential for errors due to dust contamination. An I2C serial interface is incorporated in the design to enable diagnostic functions.

All 3M Active Optical products meet FCC Class B and CE Emissions and Immunity requirements, CDRH/IEC 60825-1 and are *RoHS 2011/65/EU compliant. Learn more about 3M Active Optical products.

Click here for photos.

About 3M Electronic Solutions Division
ESD is a leading provider of advanced electronic thin substrates and sensors, components and comprehensive systems for enhancing and managing electronic signal properties. The products help customers in consumer electronics, touch panels, enterprise and networking, industrial and factory automation, semiconductor and component markets worldwide.

For more information about 3M's Interconnect solutions, visit: http://www.3Mconnectors.com. Information about 3M Company is available online.

3M is a trademark of 3M Company. All other trademarks listed herein are owned by their respective companies.

Unless otherwise noted, references to industry specifications are intended to indicate substantial compliance to the material elements of the specification. Such references should not be construed as a guarantee of compliance to all requirements in a given specification.

*"RoHS 2011/65/EU" means that the product or part does not contain any of the substances in excess of the maximum concentration values ("MCVs") in EU RoHS Directive 2011/65/EU. The MCVs are by weight in homogeneous materials. This information represents 3M's knowledge and belief, which may be based in whole or in part on information provided by third party suppliers to 3M.

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3M Media contact:
Jeanine Brooks, 512-984-2146
njbrooks@mmm.com
or
For all other inquiries:
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The article 3M Launches Low-Power Active Optical Pluggable Transceiver for QSFP+ Applications originally appeared on Fool.com.

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Creative Learning Corporation Announces 365th Franchise

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Creative Learning Corporation Announces 365 th Franchise

ST. AUGUSTINE, Fla.--(BUSINESS WIRE)-- Creative Learning Corporation (OTCBB:CLCN) owner and developer of Bricks 4 Kidz®, the highly-popular children's education and enrichment program, is pleased to announce it reached its 365th franchise on August19th. The 365th franchise is located in Nashville, TN. Creative Learning Corporation now has franchises in 40 states plus the District of Columbia, Puerto Rico and 14 foreign countries.

About Creative Learning Corporation


Creative Learning Corporation, operating under the trade name Bricks 4 Kidz®, offers programs designed to teach children ages 3-12+ the basic principles of engineering, architecture and physics using LEGO®, bricks. Through a unique franchise business model that includes a proprietary Franchise Marketing Tool (FMT), the Company provides a wide variety of programs designed to enhance students' problem solving and critical thinking skills by designing numerous structures, devices, and systems using proprietary LEGO®, bricks and models. For more information, visit www.bricks4kidz.com.

SAFE HARBOR STATEMENT:This press release may contain "forward-looking statements" that are made pursuant to the "safe harbor" provisions as defined within the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," and similar expressions. These statements are based upon management's current expectations as of the date of this press release. Such forward-looking statements may include statements regarding the Company's future financial performance or results of operations, including expected revenue growth, cash flow growth, future expenses and other future or expected performances. The Company cautions readers there may be events in the future that the Company is not able to accurately predict or control and the information contained in the forward-looking statements is inherently uncertain and subject to a number of risks that could cause actual results to differ materially from those indicated in the forward-looking statements. Further information on these and other potential factors that could affect the Company's financial results is included in the Company's filings with the SEC under the "Risk Factors" sections and elsewhere in those filings.

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Creative Learning Corporation
Investor Contact:
Brian Pappas, 904-824-3133
bpappas@bricks4kidz.com

KEYWORDS:   United States  North America  Florida  Tennessee

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The article Creative Learning Corporation Announces 365th Franchise originally appeared on Fool.com.

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Verso Addresses Additional NYSE Continued Listing Standard

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Verso Addresses Additional NYSE Continued Listing Standard

MEMPHIS, Tenn.--(BUSINESS WIRE)-- Verso Paper Corp. (NYS: VRS) announced today that the New York Stock Exchange has notified Verso that it has fallen below the NYSE's continued listing standard requiring that the average closing price of Verso's common stock be at least $1.00 over a consecutive 30 trading-day period. As of August 14, 2013, the date of the NYSE notice, the average closing price of Verso's common stock over the past 30 trading days was $0.97 per share.

To maintain its NYSE listing, Verso has until February 14, 2014, which is six months from the date of the NYSE notice, to bring the closing share price and the average closing share price of its common stock back above $1.00. Verso has notified the NYSE that it intends to cure the share price deficiency. During the cure period, Verso's common stock will continue to be traded on the NYSE, subject to Verso's compliance with other NYSE continued listing requirements.


Separately, and as previously disclosed, Verso has appealed the NYSE staff's determination to delist Verso's common stock due to Verso's failure to satisfy the NYSE's continued listing standard requiring that Verso have an average market capitalization of at least $75 million over a consecutive 30 trading-day period. The review committee of the NYSE's board of directors currently is scheduled to hear Verso's appeal on September 10, 2013.

About Verso

Based in Memphis, Tennessee, Verso Paper Corp. is a leading North American producer of coated papers, including coated groundwood and coated freesheet, and specialty paper products. Verso's paper products are used primarily in media and marketing applications, including magazines, catalogs and commercial printing applications such as high-end advertising brochures, annual reports and direct-mail advertising. Additional information about Verso is available on its website at www.versopaper.com.

Forward-Looking Statements

In this press release, all statements that are not purely historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements may be identified by the words "believe," "expect," "anticipate," "project," "plan," "estimate," "intend," and other similar expressions. Forward-looking statements are based on currently available business, economic, financial, and other information and reflect management's current beliefs, expectations, and views with respect to future developments and their potential effects on Verso. Actual results could vary materially depending on risks and uncertainties that may affect Verso and its business. For a discussion of such risks and uncertainties, please refer to Verso's filings with the Securities and Exchange Commission. Verso assumes no obligation to update any forward-looking statement made in this press release to reflect subsequent events or circumstances or actual outcomes.

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Verso Paper Corp.
Robert P. Mundy, 901-369-4128
Senior Vice President and Chief Financial Officer
robert.mundy@versopaper.com
www.versopaper.com

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Nuance Adopts Stockholder Rights Plan

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Nuance Adopts Stockholder Rights Plan

BURLINGTON, Mass.--(BUSINESS WIRE)-- Nuance Communications, Inc. (NAS: NUAN) today announced that its Board of Directors has adopted a stockholder rights plan (the "Rights Plan"). Under the Rights Plan, stockholders of record at the close of business on August 29, 2013 will receive one right for each share of Nuance common stock held on that date. Initially, these rights will not be exercisable and will trade with the shares of Nuance common stock. If the rights become exercisable, each right will entitle stockholders to buy one one-thousandth of a share of a new series of participating preferred stock at an exercise price of $87.00 per right. The Rights Plan expires on August 19, 2014.

The Rights Plan is intended to enable all Nuance stockholders to realize the long-term value of their investment in Nuance. It is also designed to reduce the likelihood that any person or group would gain control of Nuance through open market accumulation or other coercive takeover tactics without paying an appropriate control premium. The Rights Plan was not adopted in response to any current effort to acquire control of Nuance.


The rights will be exercisable only if a person or group acquires 20% or more of Nuance's common stock in a transaction not approved by Nuance's Board of Directors. In that instance, each right will entitle its holder (other than such person or members of such group) to purchase, at the exercise price, a number of shares of Nuance's common stock having a then-current market value of twice the exercise price.

In addition, if after a person or group acquires 20% or more of Nuance's common stock, Nuance merges into another company, an acquiring entity merges into Nuance or Nuance sells or transfers more than 50% of its assets, cash flow or earning power, then each right will entitle its holder to purchase, for the exercise price, a number of shares of common stock of the person engaging in the transaction having a then-current market value of twice the exercise price.

In all cases, rights held by any person or group whose actions trigger the Rights Plan would become void and not be exercisable.

Nuance's Board of Directors may redeem the rights for $0.001 per right at any time before an event that causes the rights to become exercisable.

Additional details about the Rights Plan will be contained in a Form 8-K to be filed by Nuance with the Securities and Exchange Commission.

About Nuance Communications, Inc.

Nuance is a leading provider of voice and language solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with information and how they create, share and use documents. Every day, millions of users and thousands of businesses experience Nuance's proven applications and professional services. For more information, please visit: nuance.com.

Nuance and the Nuance logo are trademarks or registered trademarks of Nuance Communications, Inc. or its subsidiaries in the United States of America and/or other countries. All other company names or product names may be the trademarks of their respective owners.

Safe Harbor and Forward-Looking Statements

Statements in this document regarding Nuance management's future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words "believes," "plans," "anticipates," "expects," or "estimates" or similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: fluctuations in demand for Nuance's existing and future products; economic conditions in the United States and abroad; Nuance's ability to control and successfully manage its expenses and cash position; the effects of competition, including pricing pressure; possible defects in Nuance's products and technologies; and the other factors described in Nuance's annual report on Form 10-K for the fiscal year ended September 30, 2012 and quarterly report on Form 10-Q for the fiscal quarter ended June 30, 2013 filed with the Securities and Exchange Commission. Nuance disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this document.

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For Investors
Nuance Communications, Inc.
Kevin Faulkner, 408-992-6100
kevin.faulkner@nuance.com
or
For Press and Investors
Nuance Communications, Inc.
Richard Mack, 781-565-5000
richard.mack@nuance.com

KEYWORDS:   United States  North America  Massachusetts

INDUSTRY KEYWORDS:

The article Nuance Adopts Stockholder Rights Plan originally appeared on Fool.com.

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The Bureau: XCOM Declassified Now Available

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The Bureau: XCOM Declassified Now Available

Command your squad in the story of XCOM's origin

Join the conversation on Twitter using the hash tag #EraseTheTruth


NEW YORK--(BUSINESS WIRE)-- 2K and 2K Marin, makers of BioShock® 2, announced today that The Bureau: XCOM Declassified is now available in North America and will be available internationally on August 23, 2013 for the Xbox 360 games and entertainment system from Microsoft, PlayStation®3 computer entertainment system and Windows PC. The Bureau is a daringly different blend of the strategy and action genres, resulting in a challenging tactical shooter that's refreshingly deep, original, and according to Game Informer, "worthy of the XCOM name."

The Bureau: XCOM Declassified is a third-person tactical shooter that tells the cold war era origin ...

The Bureau: XCOM Declassified is a third-person tactical shooter that tells the cold war era origin story of the clandestine XCOM organization. Players step into the boots of Special Agent William Carter, a battlefield commander and The Bureau's top field agent, and must lead a squad of America's best against an overwhelming alien threat. (Photo: Business Wire)

"In 2012 Firaxis' XCOM: blazed a trail for the XCOM brand, which is an important part of 2K's growing portfolio," said Christoph Hartmann, president of 2K. "Today, The Bureau: XCOM Declassified paves the way for continued expansion of the beloved XCOMuniverse."

Set in 1962 at the height of the Cold War, The Bureau tells the origin story of the clandestine XCOM organization, the covert war it led against a mysterious enemy, and its efforts to erase the truth about the alien threat. As a third-person tactical shooter, The Bureau delivers a new experience using the classic XCOM formula by taking players out of the familiar god-like view of strategy games and dropping them into the boots of a battlefield commander in the thick of combat. Players assume control of special agent William Carter, and command their squad mates using an innate "Battle Focus" ability to develop and execute calculated, tactical plans in real-time. As our last line of defense, the player's every command can mean the difference between life and death for Carter, his squad and mankind.

"The Bureau: XCOM Declassified demands tactical thinking and intelligent play, and rewards players with real challenges and real consequences," said Morgan Gray, development director at 2K Marin. "With permadeath for squad mates and the tense decision-making that XCOMgames are known for, The Bureau stays true to its roots while giving players a new way to experience the XCOMuniverse."

The Bureau: XCOM Declassified is rated M for Mature by the ESRB and is available now for Xbox 360, PS3 and Windows PC. For more information on The Bureau: XCOM Declassified, subscribe on YouTube, become a fan on Facebook, follow 2K on Twitter and visit the official web site at http://erasethetruth.com. To watch a live action video series based on The Bureau, visit the official YouTube playlist.

2K Marin is a 2K studio. 2K is a publishing label of Take-Two Interactive Software, Inc. (NAS: TTWO) .

About The Bureau: XCOM Declassified

The year is 1962, JFK is President and the Cold War has the nation gripped by fear - but a far more powerful and insidious enemy than communism is threatening America. Known only to a select few, a top-secret government unit called The Bureau begins investigating and concealing a series of mysterious attacks by an otherworldly enemy. As special agent William Carter, players call the shots, pull the trigger and lead their squad in a gripping third-person tactical shooter set within a high-stakes, covert war to protect humanity. The Bureau has been erasing the truth for decades. The time has come for the truth to be revealed.

About Take-Two Interactive Software

Headquartered in New York City, Take-Two Interactive Software, Inc. is a leading developer, marketer and publisher of interactive entertainment for consumers around the globe. The Company develops and publishes products through its two wholly-owned labels Rockstar Games and 2K. Our products are designed for console systems, handheld gaming systems and personal computers, including smartphones and tablets, and are delivered through physical retail, digital download, online platforms and cloud streaming services. The Company's common stock is publicly traded on NASDAQ under the symbol TTWO. For more corporate and product information please visit our website at http://www.take2games.com.

About 2K

Founded in 2005, 2K develops and publishes interactive entertainment globally for console systems, handheld gaming systems and personal computers, including smartphones and tablets, which are delivered through physical retail, digital download, online platforms and cloud streaming services. 2K publishes titles in today's most popular gaming genres, including shooters, action, role-playing, strategy, sports, casual, and family entertainment. The 2K label has some of the most talented development studios in the world today, including Firaxis Games, Visual Concepts, Irrational Games, 2K Marin, 2K Australia, 2K Czech, Cat Daddy Games and 2K China. 2K's stable of high quality titles includes the critically acclaimed BioShock®, Borderlands™ and XCOM® franchises, the beloved Sid Meier'sCivilization series, the popular WWE 2K franchise and NBA 2K, the #1 rated and #1 selling basketball franchise*. 2K is headquartered in Novato, California and is a wholly owned label of Take-Two Interactive Software, Inc. (NAS: TTWO) . For more information, please visit www.2K.com.

*According to 2008 - 2013  Metacritic.com and The NPD Group estimates of U.S. retail video game sales through July 2013.

About 2K Marin

Founded in 2007, 2K Marin designs and develops games under the 2K publishing label. 2K Marin is well-known for developing The Bureau: XCOM Declassified, BioShock 2 and bringing the original BioShock to new platforms. Passion, talent and experience define 2K Marin - its DNA comprised of industry veterans that have honed their craft for decades at various leading video game studios.It is this passionate, talented and experienced pool of developers that drives 2K Marin to create immersive, dynamic and engaging narrative-based AAA experiences.

"PlayStation" is a registered trademark of Sony Computer Entertainment Inc.

All trademarks and copyrights contained herein are the property of their respective holders.

Cautionary Note Regarding Forward-Looking Statements

The statements contained herein which are not historical facts are considered forward-looking statements under federal securities laws and may be identified by words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "potential," "predicts," "projects," "seeks," "will," or words of similar meaning and include, but are not limited to, statements regarding the outlook for the Company's future business and financial performance. Such forward-looking statements are based on the current beliefs of our management as well as assumptions made by and information currently available to them, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may vary materially from these forward-looking statements based on a variety of risks and uncertainties including: our dependence on key management and product development personnel, our dependence on our Grand Theft Auto products and our ability to develop other hit titles for current and next-generation platforms, the timely release and significant market acceptance of our games, the ability to maintain acceptable pricing levels on our games, our ability to raise capital if needed and risks associated with international operations. Other important factors and information are contained in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2013, in the section entitled "Risk Factors," the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2013, and the Company's other periodic filings with the SEC, which can be accessed at www.take2games.com. All forward-looking statements are qualified by these cautionary statements and apply only as of the date they are made. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

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2K
Scott Pytlik, 415-507-7944
scott.pytlik@2kgames.com
or
Take-Two Interactive Software, Inc.
Alan Lewis (Corporate Press), 646-536-2983
alan.lewis@take2games.com
or
Access Communications for 2K
Alexandra Ellis, 917-522-3515
aellis@accesspr.com

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

The article The Bureau: XCOM Declassified Now Available originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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Trinity Groves Selects NCR Aloha POS as a Service for its Restaurants

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Trinity Groves Selects NCR Aloha POS as a Service for its Restaurants

Industry-leading Point-of-Sale Available in a Flexible Subscription Model to Maximize Investments

DULUTH, Ga.--(BUSINESS WIRE)-- NCR Corporation (NYS: NCR) , the global leader in consumer transaction technologies, announced today that Trinity Groves has implemented NCR Aloha POS as a Service (POSaaS) program in its Dallas-area restaurants. POSaaS is a subscription-based program with no-contract period and a predictable monthly fee.


Trinity Groves is a newly created mixed-use development project which will initially consist of approximately 125,000 square feet of restaurant, retail and entertainment uses on roughly 15 acres of land located in Dallas, Texas. The owners and developers of the project are adapting existing, old industrial warehouse buildings into new and varied restaurant and retail spaces. The nucleus of the project is the "Restaurant Concept Incubator" which is focused on fostering the growth of start-up concepts and businesses. With two restaurants currently using the POSaaS solution and 12 more planned within the next two years, Trinity Groves selected NCR because of its low-risk, flexible subscription program that combines industry-leading software, hardware, data security services, maintenance and helpdesk support services in one all-inclusive monthly payment.

"We were looking for an industry-leading POS solution that could fit our incubator model and the flexibility and financial impact of the NCR Aloha POS made it highly attractive to us," said Phil Romano, co-owner and developer of Trinity Groves. "By saving money on the initial investment, our restaurant owners are able to deploy more of the upfront capital into improvements that are tangible and visible to their customers, therefore creating a more positive dining experience.

Trinity Groves selected the NCR Aloha POSaaS model for all of its restaurants because of its subscription model with a lower initial investment, as well as the flexibility to add and/or remove components as needed, which has helped the restaurants deploy the solution faster and easier. The POSaaS solution also gives the restaurants access to software upgrades and new technology features as they become available.

"With the NCR solution, we're able to make smart decisions to reduce costs, increase sales and deliver an exceptional customer experience - all at a price point we can afford," Scott Koller, general manager, Hofmann Hots, a Trinity Groves restaurant. "The POS as a Service program enabled us to free up capital and reallocate funds to other strategic initiatives. I love that I can focus on managing our restaurant, not our technology."

"Trinity Groves and its restaurants were able to make strategic decisions to reduce their start-up costs, ultimately helping to increase their bottom line and assisting them in delivering an exceptional customer experience - by subscribing to NCR POS as a Service," said Kim Eaton, senior vice president and general manager, NCR Hospitality. "We are uniquely positioned to support Trinity Groves' vision and its growth plans with our innovative technology solutions."

About NCR Corporation

NCR Corporation (NYS: NCR) is the global leader in consumer transaction technologies, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables more than 300 million transactions daily across the retail, financial, travel, hospitality, telecom and technology industries. NCR solutions run the everyday transactions that make your life easier.

NCR is headquartered in Duluth, Georgia with over 26,000 employees and does business in 180 countries. NCR is a trademark of NCR Corporation in the United States and other countries.

Web site: www.ncr.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: www.linkedin.com/company/ncr-corporation
YouTube: www.youtube.com/user/ncrcorporation

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NCR Corporation
Tim Henschel, 770-299-5100
tim.henschel@ncr.com

KEYWORDS:   United States  North America  Georgia

INDUSTRY KEYWORDS:

The article Trinity Groves Selects NCR Aloha POS as a Service for its Restaurants originally appeared on Fool.com.

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Booz Allen Hamilton Closes Loan Repricing at Reduced Interest Rate with No Increase in Borrowing

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Booz Allen Hamilton Closes Loan Repricing at Reduced Interest Rate with No Increase in Borrowing

MCLEAN, Va.--(BUSINESS WIRE)-- Booz Allen Hamilton Holding Corporation (NYS: BAH) today announced that on August 16, 2013, its wholly owned subsidiary, Booz Allen Hamilton Inc. successfully closed the first amendment to its credit agreement dated as of July 31, 2012. With no increase in borrowing, the amendment includes a reduction in the interest rate applicable to the Company's $1.017 billion of Term Loan B loans, and amendments to other terms of the agreement which provide for greater operational and financial flexibility for the Company.

The new interest rate for the outstanding indebtedness under Term Loan B is reduced to LIBOR + 3.0% with a 0.75% LIBOR floor from LIBOR + 3.5% with a 1.0% LIBOR floor. The rates for Term Loan A loans outstanding under the Company's credit agreement remain unchanged. Further information can be found in the Company's Current Report on Form 8-K and the exhibits thereto filed with the SEC on August 20, 2013.


About Booz Allen Hamilton

Booz Allen Hamilton is a leading provider of management consulting, technology, and engineering services to the U.S. government in defense, intelligence, and civil markets, and to major corporations, institutions, and not-for-profit organizations. Booz Allen is headquartered in McLean, Virginia, employs more than 23,000 people, and had revenue of $5.76 billion for the 12 months ended March 31, 2013.

BAHPR-FI

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Booz Allen Hamilton
James Fisher, 703-377-7595
fisher_james_w@bah.com

KEYWORDS:   United States  North America  Virginia

INDUSTRY KEYWORDS:

The article Booz Allen Hamilton Closes Loan Repricing at Reduced Interest Rate with No Increase in Borrowing originally appeared on Fool.com.

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Steve Madden Declares Three-for-Two Stock Split

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Steve Madden Declares Three-for-Two Stock Split

LONG ISLAND CITY, N.Y.--(BUSINESS WIRE)-- Steve Madden (NAS: SHOO) , a leading designer and marketer of fashion footwear and accessories for women, men and children, today announced that its Board of Directors has declared a three-for-two stock split, in the form of a stock dividend, of the Company's outstanding shares of common stock.

The stock split will entitle all stockholders of record at the close of business on September 20, 2013 to receive one additional share of Steve Madden common stock for every two shares of common stock held on that date. The additional shares are expected to be distributed to stockholders on or about September 30, 2013 by the Company's transfer agent. As a result of the stock split, the number of outstanding shares of the Company's common stock will increase to approximately 68.8 million shares from approximately 45.9 million shares outstanding prior to the split.


Answers to frequently asked questions regarding the stock split will be available on the Company's web site in the Investor Relations section.

About Steve Madden

Steve Madden designs, sources and markets fashion-forward footwear and accessories for women, men and children. In addition to marketing products under its owned brands including Steve Madden, Steven by Steve Madden, Madden Girl, Freebird by Steven, Stevies, Betsey Johnson, Betseyville, Report Signature, Report, Big Buddha, Wild Pair, Cejon and Mad Love, the Company is the licensee of various brands, including Olsenboye for footwear, handbags and belts and Elizabeth and James, Superga, l.e.i. and GLO for footwear. The Company also designs and sources products under private label brand names for various retailers. The Company's wholesale distribution includes department stores, specialty stores, luxury retailers, national chains and mass merchants. The Company also operates 117 retail stores (including the Company's three online stores). The Company licenses certain of its brands to third parties for the marketing and sale of certain products, including for ready-to-wear, outerwear, intimate apparel, eyewear, hosiery, jewelry, fragrance, luggage and bedding and bath products.

Safe Harbor

This press release and oral statements made from time to time by representatives of the Company contain certain "forward looking statements" as that term is defined in the federal securities laws. The events described in forward looking statements may not occur. Generally these statements relate to business plans or strategies, projected or anticipated benefits or other consequences of the Company's plans or strategies, projected or anticipated benefits from acquisitions to be made by the Company, or projections involving anticipated revenues, earnings or other aspects of the Company's operating results. The words "may," "will," "expect," "believe," "anticipate," "project," "plan," "intend," "estimate," and "continue," and their opposites and similar expressions are intended to identify forward looking statements. The Company cautions you that these statements concern current expectations about the Company's future results and condition and are not guarantees of future performance or events and are subject to a number of uncertainties, risks and other influences, many of which are beyond the Company's control, that may influence the accuracy of the statements and the projections upon which the statements are based. Factors which may affect the Company's results include, but are not limited to, the risks and uncertainties discussed in the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the Securities and Exchange Commission. Any one or more of these uncertainties, risks and other influences could materially affect the Company's results of operations and financial condition and whether forward looking statements made by the Company ultimately prove to be accurate and, as such, the Company's actual results, performance and achievements could differ materially from those expressed or implied in these forward looking statements. The Company undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

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ICR, Inc.
Investor Relations
Jean Fontana/Megan Crudele
203-682-8200
www.icrinc.com

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

The article Steve Madden Declares Three-for-Two Stock Split originally appeared on Fool.com.

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Dow Futures Rise as Home Depot Nails Earnings

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Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

The Dow Jones Industrial Average is making an effort to break out of its August blues. Stock futures as of 7:10 a.m. EDT point to a 34-point bounce at the opening bell, and the index looks like it will avoid its first sub-15,000 opening since June 5. Markets in Europe and Asia fell, and interest rates continue to creep up in advance of tomorrow's Federal Reserve meeting minutes release.

Home Depot's stock should attract buyers after the company reported earnings results this morning that easily beat Wall Street's estimates. Buoyed by a recovering housing market, the company logged a 9.5% jump in quarterly revenue to $22.5 billion. Profit came in at $1.24 a share, 23% higher than in the year-ago quarter and above the $1.21 that analysts had expected. And in a quarter in which many retailers have been happy to report any sales growth at all, Home Depot managed a scorching 11.4% rise in comparable-store sales. Shares are up 3% in premarket trading.


Apple could also see active trading today. The company's stock has bucked the market trend lately, surging higher by 20% over the last month. Yesterday The Wall Street Journal reported that Apple is gearing up for a strategic shift in the smartphone market. It could begin selling two new iPhones, a high-end and low-end version, as early as next month. While iPhone sales have been on a tear -- they rose 20% last quarter to 31.2 million units -- concerns are rising that Apple is reaching a saturation point. CEO Tim Cook rejected that thinking in a conference call with analysts in July, saying, "I don't subscribe to the common view that the higher end, if you will, of the smartphone market is at its peak." However, that doesn't mean the iPhone couldn't dramatically expand its base at a lower price point.

Finally, Best Buy reported surprising profit this morning. The struggling retailer managed to arrest its revenue slide, turning in just a 0.4% drop in quarterly sales. Earnings of $0.32 per share handily beat analyst expectations of $0.12. Best Buy's "Renew Blue" strategy paid off in the quarter as online sales ticked up and cost cuts allowed for deeper promotions without a big drop in profitability. Shares are up 160% so far this year -- and they're 10.5% higher in premarket trading.

Do you know the major developments that could crush Apple? The secrets to success that could make investors like you rich? The answers are simpler than you think, and The Motley Fool is sharing them in a free report titled "5 Secrets to Apple's Future." Inside, we outline critical information every Apple investor must know, so click here now for your free report.

The article Dow Futures Rise as Home Depot Nails Earnings originally appeared on Fool.com.

Fool contributor Demitrios Kalogeropoulos owns shares of Apple. The Motley Fool recommends Apple and Home Depot. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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8x8 Issued New Contact Center Patent by U.S. Patent and Trademark Office

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8x8 Issued New Contact Center Patent by U.S. Patent and Trademark Office

SAN JOSE, Calif.--(BUSINESS WIRE)-- 8x8, Inc. (NAS: EGHT) , provider of innovative cloud communications solutions, today announced that it has been awarded a new patent related to its contact center technologies. On August 20, 2013, the U.S. Patent and Trademark Office issued United States Patent number 8,515,833 entitled "Methods and Systems for Multilayer Provisioning of Networked Contact Centers." This patent relates generally to methods and systems for managing networked contact centers, and more specifically for multilayer provisioning of networked contact centers via one or more distributors with a plurality of contact center tenants.


Since its establishment in 1987, 8x8 has been awarded ninety (90) United States patents covering a variety of voice and video communications, signaling, processing and storage technologies.

About 8x8, Inc.

8x8, Inc. (NAS: EGHT) empowers business conversations for more than 33,000 small and medium-sized businesses with cloud communications services that include hosted PBX telephony, unified communications, call center software and video conferencing solutions. The company has been delivering business communications services since 2004 and has garnered a reputation for technical excellence and outstanding reliability. In 2012, 8x8 was named a market "leader" in Gartner's Magic Quadrant for Unified Communications as a Service (UCaaS) in North America and was recognized as the No. 1 Provider of Hosted IP Telephony by Frost & Sullivan and Synergy Research Group. For additional information, visit www.8x8.com, or connect with 8x8 on Google+, Facebook, LinkedIn and Twitter.

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8x8, Inc.
Joan Citelli, 408-654-0970
jcitelli@8x8.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

The article 8x8 Issued New Contact Center Patent by U.S. Patent and Trademark Office originally appeared on Fool.com.

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rVue Holdings, Inc., First Quarter 2013 Financial Results

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rVue Holdings, Inc., First Quarter 2013 Financial Results

CHICAGO--(BUSINESS WIRE)-- rVue Holdings, Inc. (OTCBB: RVUE) the premier advertising technology platform for digital out of home media announced its financial results for the quarter ended March, 31 2013.

Summary Results for First Quarter of 2013:

  • Total revenue was $137.5K for the first fiscal quarter of 2013; up slightly from $131.5K the prior year.
  • Core Revenue: This is the focus of our business and source of future growth. Core revenue for the quarter ended March 31, 2013 was $79.3K up sharply (+63K) over Q1 2012 when it was $16.3K.
  • Non-Core Revenue: For the quarters ended March 31, 2013 and 2012 were $58.2K and $115.2K, respectively. As stated earlier, the decline was due to the end of a management relationship with Auto Nation. This downward trend in non-core revenue is expected to continue through 2013 as we focus more resources on core business efforts. In addition, the Mattress Firm merged with Mattress Giant and we respectfully agreed not to renew for 2013.
  • Operating Expenses were $1,389.2M in the first quarter 2013, compared to $1,865.2M in 2012, a reduction of $476K due to cost controls, change in management and a shift to more media focused transactions.
  • Net loss for the first quarter 2013 was $1,251.7M compared to a net loss of $1,733.7M in 2012. A drop of $482K.
  • As of March 31, 2013 the company had $741.8K of cash.

Mark Pacchini (President and CEO) said, our future focus is to provide our clients with business building digital out of home media ideas and world class service. If we deliver on this promise, we should drive revenue growth in the second quarter and beyond.

Forward Looking Statements:

http://www.rvue.com/forward_looking_statements

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rVue Holdings, Inc.
Dean Peterson, 312-219-8835

KEYWORDS:   United States  North America  Illinois

INDUSTRY KEYWORDS:

The article rVue Holdings, Inc., First Quarter 2013 Financial Results originally appeared on Fool.com.

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