Health Net Federal Services Awarded New VA Contract

New VA Program, Patient Centered Community Care, offers Veterans access to Civilian Network

ARLINGTON, Va.--(BUSINESS WIRE)-- Health Net Federal Services, LLC, a wholly owned subsidiary of Health Net, Inc. (NYS: HNT) , today announced the Department of Veterans Affairs (VA) has awarded Health Net Federal Services a contract under its new Patient Centered Community Care program.

This new program provides eligible Veterans coordinated, timely access to care through a comprehensive network of non-VA providers who meet VA quality standards when a local VA Medical Center cannot readily provide the care. Health Net will support VA in providing care to veterans in three of the six Patient Centered Community Care regions. These three regions - Regions 1, 2 and 4 - encompass all or portions of 37 states, Puerto Rico and the Virgin Islands.

"Health Net is honored to be selected by the Department of Veterans Affairs to help ensure Veterans have timely access to quality care when local VA Medical Centers cannot provide those services directly," said Tom Carrato, president, Health Net Federal Services. "Our network of specialty providers welcomes the opportunity to give back to our Veterans by serving those who have served."

Carrato added, "Over the last 25 years, Health Net Federal Services has built long-standing partnerships with the Department of Defense and Department of Veterans Affairs based upon its understanding of military and Veteran issues."

Health Net Federal Services has administered several contracts for VA. These include VA Community Based Outpatient Clinics throughout the U.S. that provide primary, preventive and behavioral health care to Veterans of all ages and military backgrounds; the VA Outpatient Recovery Audit that identified overpayments made by the VA to non-VA providers, helping to maximize care to Veterans through proper payments; and the VA's Rural Mental Health program, a pilot program designed to provide behavioral health services to Veterans in rural counties.

Additionally, Health Net serves the Department of Defense as the managed care support contractor for the TRICARE North Region, as well as a contractor for the Military and Family Life Counseling program, which provides short-term, non-medical, solution-focused counseling to service members and their families.

To learn more, visit www.hnfs.com and www.mhngs.com, and follow us on Facebook at www.facebook.com/healthnetfederalservices.

About Health Net

Health Net, Inc. is a publicly traded managed care organization that delivers managed health care services through health plans and government-sponsored managed care plans. Its mission is to help people be healthy, secure and comfortable. Health Net provides and administers health benefits to approximately 5.4 million individuals across the country through group, individual, Medicare (including the Medicare prescription drug benefit commonly referred to as "Part D"), Medicaid, U.S. Department of Defense, including TRICARE, and Veterans Affairs programs. Through its subsidiaries, Health Net also offers behavioral health, substance abuse and employee assistance programs, managed health care products related to prescription drugs, managed health care product coordination for multi-region employers and administrative services for medical groups and self-funded benefits programs.

For more information on Health Net, Inc., please visit Health Net's websites at www.healthnet.com or www.hnfs.com.

This release contains references and links to websites that are not owned or controlled by Health Net. Please be aware that such references and links are provided for the user's convenience and Health Net is not responsible for the content or properties of such websites. Health Net does not express an opinion on the content or properties of such websites and disclaims any liability in connection therewith.

Cautionary Statements

Health Net, Inc. and its representatives may from time to time make written and oral forward-looking statements within the meaning of the Private Securities Litigation Reform Act ("PSLRA") of 1995, including statements in this and other press releases, in presentations, filings with the Securities and Exchange Commission ("SEC"), reports to stockholders and in meetings with investors and analysts. All statements in this press release, other than statements of historical information provided herein, may be deemed to be forward-looking statements and as such are intended to be covered by the safe harbor for "forward-looking statements" provided by PSLRA. These statements are based on management's analysis, judgment, belief and expectation only as of the date hereof, and are subject to changes in circumstances and a number of risks and uncertainties. Without limiting the foregoing, statements including the words "believes," "anticipates," "plans," "expects," "may," "should," "could," "estimate," "intend," "feels," "will," "projects" and other similar expressions are intended to identify forward-looking statements. Actual results could differ materially from those expressed in, or implied or projected by the forward-looking information and statements due to, among other things, health care reform and other increased government participation in and regulation of health benefits and managed care operations, including the ultimate impact of the Affordable Care Act, which could materially adversely affect Health Net's financial condition, results of operations and cash flows through, among other things, reduced revenues, new taxes, expanded liability, and increased costs (including medical, administrative, technology or other costs), and require changes to the ways in which Health Net does business; rising health care costs; continued slow economic growth or a further decline in the economy; negative prior period claims reserve developments; trends in medical care ratios; membership declines; unexpected utilization patterns or unexpectedly severe or widespread illnesses; rate cuts and other risks and uncertainties affecting Health Net's Medicare or Medicaid businesses; Health Net's ability to successfully participate in California's Coordinated Care Initiative, the Affordable Care Act's health insurance exchanges and/or Arizona's Medicaid program; litigation costs; regulatory issues with federal and state agencies including, but not limited to, the California Department of Managed Health Care, the Centers for Medicare & Medicaid Services, the Office of Civil Rights of the U.S. Department of Health and Human Services and state departments of insurance; operational issues; failure to effectively oversee our third-party vendors; noncompliance by Health Net or Health Net's business associates with any privacy laws or any security breach involving the misappropriation, loss or other unauthorized use or disclosure of confidential information; liabilities incurred in connection with Health Net's divested operations; impairment of Health Net's goodwill or other intangible assets; investment portfolio impairment charges; volatility in the financial markets; and general business and market conditions. Additional factors that could cause actual results to differ materially from those reflected in the forward-looking statements include, but are not limited to, the risks discussed in the "Risk Factors" section included within Health Net's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with the SEC and the other risks discussed in Health Net's filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. Except as may be required by law, Health Net undertakes no obligation to address or publicly update any of its forward-looking statements to reflect events or circumstances that arise after the date of this press release.

Health Net Federal Services Contact:
Molly Tuttle
(916) 351-5355
molly.tuttle@healthnet.com
or
Health Net, Inc. Contact:
Brad Kieffer
(818) 676-6833
brad.kieffer@healthnet.com

KEYWORDS:   United States  North America  Virginia

INDUSTRY KEYWORDS:

MIMEDX INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates MiMedx Group, Inc. Following Disclosure of FDA Letter Accusing MiMedx of Legal Violations

NEW ORLEANS--(BUSINESS WIRE)-- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq. a partner at the law firm of Kahn Swick & Foti, LLC ("KSF") announces that KSF has commenced an investigation into MiMedx Group, Inc. (NAS: MDXG) .

On September 4, 2013, the Food and Drug Administration ("FDA") posted on its website an "Untitled Letter" it sent to MiMedx on August 28, which stated that MiMedx's Surgical Biologics unit violated the Public Health Service Act by unlawfully manufacturing and marketing drugs that are also a biological product without a valid biologics license.

On this news, MiMedx's shares fell drastically, by over 36%.

KSF's investigation is focusing on whether MiMedx and/or its officers and directors violated state or federal securities laws.

If you have information that would assist KSF in its investigation, or would like to discuss your legal rights, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com) or KSF Partner Melinda Nicholson (melinda.nicholson@ksfcounsel.com) toll free at 1-877-515-1850.

About Kahn Swick & Foti, LLC

KSF, whose partners include the Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities class action and shareholder derivative litigation with offices in New York and Louisiana. KSF's lawyers have significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders.

To learn more about KSF, you may visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner, 877-515-1850
lewis.kahn@ksfcounsel.com
or
Melinda Nicholson, Partner, 877-515-1850
melinda.nicholson@ksfcounsel.com

KEYWORDS:   United States  North America  Louisiana

INDUSTRY KEYWORDS:

GSK's MAGE-A3 Cancer Immunotherapeutic Phase 3 Study in Melanoma Misses First Co-Primary Endpoint

In Line with Independent Data Monitoring Committee's (IDMC) Unanimous Recommendation, GSK will Continue Study Until Second Co-primary Endpoint is Assessed

LEXINGTON, Mass.--(BUSINESS WIRE)-- Agenus Inc. (NAS: AGEN) today announcedthat GlaxoSmithKline's (NYS: GSK) DERMAⁱ study, a Phase 3 randomized, blinded, placebo-controlled MAGE-A3 cancer immunotherapeuticⁱⁱ (CI) trial, which contains Agenus'QS-21 Stimulon^® adjuvantⁱⁱⁱ, a component of GSK's novel adjuvant system AS15, did not meet its first co-primary endpoint. In an independent analysis, the study did not significantly extend the disease-free survival (DFS)^iv period when compared to placebo in the overall MAGE-A3 positive trial population.

In line with the Independent Data Monitoring Committee's (IDMC) unanimous recommendation, GSK will continue the study until the second co-primary endpoint is assessed. This co-primary endpoint is based on predefined criterion that was agreed upon by regulatory authorities. This analysis, which is based on gene signature, is designed to prospectively identify patients who may have the capability to be more immunologically responsive and therefore can potentially benefit from treatment. If further analysis shows that the predefined gene signature subset data are successful, there is the potential that a regulatory filing could be considered. GSK anticipates that these data will be available in 2015. Until then, GSK will remain blinded to all safety and efficacy data.

The IDMC for the DERMA study indicated that the current review of the safety information raised no concern for the continuation of the trial.

"We continue to believe that cancer immunotherapeutics have the potential to deliver significant benefits to patients and we look forward to the analysis of gene signature data," said Garo H. Armen, Ph.D., chairman and CEO of Agenus Inc. "In the near future, we expect to report results of several other QS-21 Stimulon adjuvant containing programs."

QS-21 Stimulon adjuvant is key component of many vaccines currently in clinical development. Agenus expects to report Phase 2 data for HerpV, Agenus'QS-21 Stimulon containing investigational therapeutic vaccine for genital herpes, during the fourth quarter of 2013. GSK is expected to announce Phase 3 results from MAGRIT, the MAGE-A3 non-small cell lung cancer (NSCLC) clinical trial during the first half of 2014. In addition, GSK is expected to provide an update to the RTS,S program for the prevention of malaria.

About MAGE-A3 and GSK's Cancer Immunotherapeutics (CIs)

MAGE-A3 is a tumor-specific antigen that is expressed in a large variety of cancers, including melanoma, NSCLC, head and neck cancer, and bladder cancer, with no expression in normal cells^v.

GSK's CIs represent a class of novel investigational compounds that are based on tumor antigens presented to the patient's immune system as recombinant proteins in combination with a GSK novel adjuvant system. CIs are designed to trigger a specific immune response against tumor cells expressing these proteins, rallying antibodies and T-cells to recognize and attack the cancer cells in a highly specific manner and eventually eliminate them.

This approach primarily aims at reducing the risk of tumor recurrence following surgery. The highly targeted mode of action of GSK CIs against specific cancer antigens expressed by tumor cells may allow selection of patients eligible for the treatment depending on the expression of the tumor antigens. This may help oncologists to select patient populations most likely to respond to the treatment.

GSK's MAGE-A3 CI contains a purified recombinant MAGE-A3 protein combined with GSK's novel AS15 adjuvant system. It was developed with the goal of inducing strong and sustained immune responses. AS15 is composed of the QS-21 Stimulon adjuvant, monophosphoryl lipid A (MPL), and CpG7909, a TLR-9 agonist, in a liposomal formulation.

Adjuvants are substances, which when used in combination with antigens in vaccines, enhance the immune response.

About Agenus' QS-21 Stimulon ^® Adjuvant

Agenus' flagship adjuvant, QS-21 Stimulon adjuvant, is a saponin extracted from the bark of the Quillaja saponaria tree, also known as the soap bark tree or Soapbark, an evergreen tree native to warm temperate central Chile. Agenus' QS-21 Stimulon has become a key component in the development of investigational preventive vaccine formulations across a wide variety of infectious diseases, and appears to be essential for several investigational therapeutic vaccines intended to treat cancer and degenerative disorders. QS-21 Stimulon has been widely studied and approximately 50,000 patients have received vaccines containing the adjuvant. QS-21 Stimulon is being studied in 21 vaccine indications, which include GSK's Phase 3 vaccine programs for RTS,S for malaria, MAGE-A3 cancer immunotherapeutic for non-small cell lung cancer and melanoma and HZ/su for shingles. In addition, Janssen's QS-21 Stimulon adjuvant-containing vaccine candidate is in Phase 2 trials for the treatment of Alzheimer's disease, and Agenus' HerpV, a therapeutic vaccine for the treatment of genital herpes, is in a Phase 2 trial with data expected during the fourth quarter 2013. Agenus is generally entitled to receive milestone payments as QS-21 Stimulon containing programs advance, as well as royalties for 10 years after commercial launch, with some exceptions.

About GSK's DERMA Program

The GSK DERMA study evaluated the efficacy and safety of the MAGE-A3 cancer immunotherapeutic, when compared to placebo, in MAGE-A3 positive patients (those whose tumor shows expression of the MAGE-A3 gene) with Stages IIIB/C surgically resected melanoma. The MAGE-A3 antigen is expressed in approximately 65% of tumors in Stage III melanoma patients.

The DERMA trial randomized 1,345 patients and is being conducted in 33 countries. In accordance with the study protocol, patients were given up to 13 injections into the muscle of the upper arm or thigh, over a period of 27 months.

For additional information, please visit GSK's website at www.gsk.com

About Melanoma

Melanoma is the most aggressive form of all skin cancers and its incidence is rising at a rate exceeding all other cancers.^1,2 Worldwide, it is believed that approximately 160,000 people will be diagnosed with melanoma each year.³ If detected in its earliest stages and treated properly, melanoma is curable, however, melanoma is more likely than other skin tumors to spread to other parts of the body. Patients with stage IIB-C and stage III (locoregional lymph-node involvement) melanoma have a high risk of relapse following surgery (60% and 75% risk of recurrence, respectively).⁴ There are limited options for patients with advanced melanoma disease,⁵ highlighting that this type of melanoma represents an area of high unmet medical need.

About Agenus

Agenus Inc. is a biotechnology company working to develop treatments for cancers and infectious diseases. The company is focused on immunotherapeutic products based on strong platform technologies with multiple product candidates advancing through the clinic, including several product candidates that have advanced into late-stage clinical trials through corporate partners. For more information, please visit www.agenusbio.com.

Stimulon is a registered trademark of Agenus Inc. and its subsidiaries.

Forward-Looking Statement

This press release contains forward-looking statements, including statements regarding clinical trial activities, the publication of data, and the potential application of the Company's technologies and product candidates in the prevention and treatment of diseases. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, the factors described under the Risk Factors section of our Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission for the period ended June 30, 2013. Agenus cautions investors not to place considerable reliance on the forward-looking statements contained in this release. These statements speak only as of the date of this document, and Agenus undertakes no obligation to update or revise the statements. All forward-looking statements are expressly qualified in their entirety by this cautionary statement. Agenus' business is subject to substantial risks and uncertainties, including those identified above. When evaluating Agenus' business and securities, investors should give careful consideration to these risks and uncertainties.

Media and Investor:
Agenus Inc.
Jonae R. Barnes, 617-818-2985
Vice President
Investor Relations and Corporate Communications
jonae.barnes@agenusbio.com

KEYWORDS:   United States  North America  Massachusetts

INDUSTRY KEYWORDS:

NYSE Euronext Announces Trading Volumes for August 2013

Global Derivatives ADV Up Year-over-Year but Down Sequentially, Ex Bclear

European Cash Equities ADV Up Year-over-Year but Down Sequentially

U.S. Cash Equities ADV Down Year-over-Year and Sequentially

NEW YORK--(BUSINESS WIRE)-- NYSE Euronext (NYX) today announced trading volumes for its global derivatives and cash equities exchanges for August 2013¹. Global derivatives average daily volume ("ADV") of 5.8 million contracts, excluding Bclear, in August 2013 increased 8.6% compared to August 2012, but decreased 8.9% from July 2013. U.S. equity options volumes increased 8.4% compared to August 2012, but decreased 6.0% sequentially. ADV in European cash equities increased 17.9% compared to August 2012, but decreased 7.8% compared to July 2013. U.S. cash equities decreased year-over-year and month-over-month.

Highlights

• NYSE Euronext global derivatives ADV in August 2013 of 5.8 million contracts, excluding Bclear, increased 8.6% from August 2012, but decreased 8.9% from July 2013 levels.
• NYSE Euronext European derivatives products ADV in August 2013 of 2.4 million contracts, excluding Bclear, increased 10.7% compared to August 2012, but decreased 12.5% from July 2013 levels. Including Bclear, NYSE Liffe's trade administration and clearing service for OTC products, European derivatives ADV decreased 12.5% compared to August 2012, and decreased 15.6% from July 2013.
• NYSE Euronext U.S. equity options (NYSE Arca and NYSE Amex Options) ADV of 3.3 million contracts in August 2013 increased 8.4% compared to August 2012 levels, but decreased 6.0% from July 2013 levels. NYSE Euronext's U.S. options exchanges accounted for 25.3% of total U.S. consolidated equity options trading in August 2013, up from 24.8% in August 2012, but down from 26.6% in July 2013.
• NYSE Liffe U.S. ADV of approximately 31,400 contracts decreased from 63,200 contracts in August 2012 and decreased from 35,000 contracts in July 2013.
• NYSE Euronext European cash products ADV of 1.3 million transactions in August 2013 increased 17.9% compared to August 2012 but, decreased 7.8% compared to July 2013.
• NYSE Euronext U.S. cash products (NYSE, NYSE Arca and NYSE MKT) handled ADV of 1.3 billion shares in August 2013 decreased 7.5% compared to August 2012 and decreased 3.9% compared to July 2013. NYSE Euronext's Tape A matched market share in August 2013 was 30.7%, down from 31.6% in August 2012 but, up from 30.6% in July 2013.

Please click here for the Monthly Transaction Activity Data Table.

About NYSE Euronext

NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca - represent one-third of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index. For more information, please visit: http://www.nyx.com.

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CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS

This written communication contains "forward-looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as "may," "hope," "will," "should," "expect," "plan," "anticipate," "intend," "believe," "estimate," "predict," "potential," "continue," "could," "future" or the negative of those terms or other words of similar meaning. You should carefully read forward-looking statements, including statements that contain these words, because they discuss our future expectations or state other "forward-looking" information. Forward-looking statements are subject to numerous assumptions, risks and uncertainties which change over time. ICE Group, ICE and NYSE Euronext caution readers that any forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement.

Forward-looking statements include, but are not limited to, statements about the benefits of the proposed merger involving ICE Group, ICE and NYSE Euronext, including future financial results, ICE's and NYSE Euronext's plans, objectives, expectations and intentions, the expected timing of completion of the transaction and other statements that are not historical facts. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are set forth in ICE's and NYSE Euronext's filings with the U.S. Securities and Exchange Commission (the "SEC"). These risks and uncertainties include, without limitation, the following: the inability to close the merger in a timely manner; the failure to satisfy other conditions to completion of the merger, including receipt of required regulatory and other approvals; the failure of the proposed transaction to close for any other reason; the possibility that any of the anticipated benefits of the proposed transaction will not be realized; the risk that integration of NYSE Euronext's operations with those of ICE will be materially delayed or will be more costly or difficult than expected; the challenges of integrating and retaining key employees; the effect of the announcement of the transaction on ICE's, NYSE Euronext's or the combined company's respective business relationships, operating results and business generally; the possibility that the anticipated synergies and cost savings of the merger will not be realized, or will not be realized within the expected time period; the possibility that the merger may be more expensive to complete than anticipated, including as a result of unexpected factors or events; diversion of management's attention from ongoing business operations and opportunities; general competitive, economic, political and market conditions and fluctuations; actions taken or conditions imposed by the United States and foreign governments or regulatory authorities; and adverse outcomes of pending or threatened litigation or government investigations. In addition, you should carefully consider the risks and uncertainties and other factors that may affect future results of the combined company, as are described in the section entitled "Risk Factors" in the joint proxy statement/prospectus filed by ICE Group with the SEC, and as described in ICE's and NYSE Euronext's respective filings with the SEC that are available on the SEC's web site located at www.sec.gov, including the sections entitled "Risk Factors" in ICE's Form 10-K for the fiscal year ended December 31, 2012, as filed with the SEC on February 6, 2013, and "Risk Factors" in NYSE Euronext's Form 10-K for the fiscal year ended December 31, 2012, as filed with the SEC on February 26, 2013. You should not place undue reliance on forward-looking statements, which speak only as of the date of this written communication. Except for any obligations to disclose material information under the Federal securities laws, ICE Group, ICE and NYSE Euronext undertake no obligation to publicly update any forward-looking statements to reflect events or circumstances after the date of this written communication.

IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND WHERE TO FIND IT

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. In connection with the proposed transaction, ICE Group has filed with the SEC a registration statement on Form S−4, which the SEC has declared effective and which contains a joint proxy statement/prospectus with respect to the proposed acquisition of NYSE Euronext by ICE Group. The final joint proxy statement/prospectus has been delivered to the stockholders of ICE and NYSE Euronext. INVESTORS AND SECURITY HOLDERS OF BOTH ICE AND NYSE EURONEXT ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION CAREFULLY AND IN ITS ENTIRETY, INCLUDING ANY DOCUMENTS PREVIOUSLY FILED WITH THE SEC AND INCORPORATED BY REFERENCE INTO THE JOINT PROXY STATEMENT/PROSPECTUS, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE IT CONTAINS IMPORTANT INFORMATION REGARDING ICE, NYSE EURONEXT AND THE PROPOSED TRANSACTION. Investors and security holders may obtain a free copy of the joint proxy statement/prospectus, as well as other filings containing information about ICE and NYSE Euronext, without charge, at the SEC's website at http://www.sec.gov. Investors may also obtain these documents, without charge, from ICE's website at http://www.theice.com and from NYSE Euronext's website at http://www.nyx.com.

Assurant Expands Global Mobile Services by Acquiring Lifestyle Services Group from Phones 4u Finance plc

NEW YORK--(BUSINESS WIRE)-- Assurant, Inc. (NYS: AIZ) , a premier provider of specialty insurance and insurance-related products and services, announces an agreement to purchase Lifestyle Services Group, a mobile phone insurance provider, for up to $160 million (GBP 107 million) in cash from Phones 4u Finance plc.

With about $185 million (GBP 125 million) of annual revenue, Lifestyle Services Group is a leading provider of mobile device insurance in the United Kingdom. The company provides a broad array of services through leading banks and retail mobile network operators to more than 8 million customers. The acquisition of Lifestyle Services Group will complement and broaden Assurant Solutions' footprint in the mobile marketplace.

"Our acquisition of Lifestyle Services Group strengthens and expands our global mobile presence, which is an important strategic priority," said Robert B. Pollock, president and CEO of Assurant, Inc. "Their established client portfolio, strong customer service capabilities and experienced management team accelerate our opportunities in the European mobile marketplace."

The acquisition of Lifestyle Services Group is expected to have a minimal impact on Assurant's 2014 earnings and be accretive going forward. The transaction is subject to regulatory approval and expected to close in the fourth quarter of 2013.

"Since we started Lifestyle Services Group in 2005 the team has built its reputation on supporting clients to deliver excellent service in the mobile device insurance market," said Tim Whiting, CEO of Phones 4u Finance plc. "Assurant is an excellent home for Lifestyle Services Group and will support its continuing journey while allowing Phones 4u to focus on further opportunities in its core business. I would like to thank all of the Lifestyle Services Group employees for their contributions and wish them and Assurant well for the future."

"Assurant is a recognized global specialty insurance leader that shares our commitment to help protect the mobile devices that play an increasingly important part in people's lives," said Chris Harrison, CEO of Lifestyle Services Group. "Together we will build on many years of mobile experience that drives us to make mobile services simpler and easier for customers. We are excited to join the Assurant team and believe this new relationship will be a valuable and productive one for our customers, clients and employees."

About Assurant

Assurant is a premier provider of specialized insurance products and related services in North America, Latin America, Europe and other select worldwide markets. The four key businesses -- Assurant Solutions, Assurant Specialty Property, Assurant Health and Assurant Employee Benefits -- partner with clients who are leaders in their industries and build leadership positions in a number of specialty insurance market segments. Assurant businesses provide mobile device protection; debt protection administration; credit-related insurance; warranties and service contracts; pre-funded funeral insurance; solar project insurance; lender-placed homeowners insurance; renters insurance and related products; manufactured housing homeowners insurance; individual health and small employer group health insurance; group dental insurance; group disability insurance; and group life insurance.

Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has approximately $29 billion in assets and $8 billion in annual revenue. Assurant has approximately 14,500 employees worldwide and is headquartered in New York's financial district. For more information on Assurant, please visit www.assurant.com and follow us on Twitter (@AssurantNews).

About Phones 4u Finance plc

Phones 4u Finance plc is one of the UK's leading independent mobile retailers offering multiple networks and smartphone brands with market leading choice and value. Led by CEO Tim Whiting it was acquired by funds advised by BC Partners in April 2011 from Providence Equity Partners Inc.

In 2012 the Phones 4u group's revenue was £1.1bn and it operates from 700 stores in the UK and employs more than 6,000 staff. In recognition of its success in delivering outstanding customer service, Phones 4u was recognized for the second consecutive year as being "best High Street retailer" at the 2013 Mobile Industry Awards.

About Lifestyle Services Group

Lifestyle Services Group is the biggest single provider of packaged account products and bespoke services to the retail banking sector and manages the largest number of mobile phone insurance customers in the UK on behalf of its clients. It partners UK High Street banks and mobile networks assisting 8 million of their customers.

Products managed by Lifestyle Services Group include mobile phone insurance, gadget insurance, mobile data back-up and security products. Services provided include brokering, underwriting, fraud investigation, supply chain management and customer administration.

Established in 2005, Lifestyle Services Group has over 1,000 employees in the UK and operations in Europe. For more information, go to www.lifestylegroup.co.uk

CAUTIONARY STATEMENT - Some of the statements included in this news release, particularly statements regarding the consummation of this acquisition and its expected impact on our financial results, may be forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on management's best estimates, assumptions and projections and are subject to significant uncertainties. Actual results may differ materially from those projected in the forward-looking statements. Assurant undertakes no obligation to update any forward-looking statements in this news release as a result of new information or future events or developments. For a detailed discussion of the general risk factors that could affect our results, please refer to the risk factors identified in our annual and periodic reports, including but not limited to our 2012 Annual Report on Form 10-K, as filed with the U.S. Securities and Exchange Commission.

Assurant Media Contacts:
Shawn Kahle, 212.859.7047
Vice President, Corporate Communications
shawn.kahle@assurant.com
or
Patrice Eastham, 770.763.2740
Vice President, Business Communications
patrice.eastham@assurant.com
or
Assurant Investor Relations Contacts:
Francesca Luthi, 212.859.7197
Senior Vice President, Investor Relations
francesca.luthi@assurant.com
or
Suzanne Shepherd, 212.859.7062
Director, Investor Relations
suzanne.shepherd@assurant.com
or
Phones 4u Investor Relations Contact:
Steven Lloyd, 01782 677666
Investor Relations
steven.lloyd@phones4u.co.uk
or
Phones 4u Media Contact:
Chloe Park, 07766 883388
Corporate Communications
phones4u@colombus-comms.com
or
Lifestyle Services Group Media Contact:
Mark Read, 07795505739
Corporate Communications
mark.read@lifestylegroup.co.uk

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

Kaydon to Be Acquired by SKF for $35.50 Per Share in Cash

• Transaction value of $1.25 billion or 12.7x Kaydon's LTM Adjusted EBITDA
• Kaydon's Board of Directors unanimously approved the transaction
• Kaydon to commence 40-day go-shop period, subject to terms of the definitive agreement

ANN ARBOR, Mich.--(BUSINESS WIRE)-- Kaydon Corporation (NYS: KDN) ("Kaydon") and AB SKF (OMX: SKF B) ("SKF") announced today that they signed a definitive agreement under which SKF will acquire Kaydon for $35.50 per share in an all-cash transaction that values Kaydon at approximately $1.25 billion, including debt (the "Transaction").

The purchase price represents a 22% premium to Kaydon's closing stock price on September 4, 2013 and a 21% premium to Kaydon's 30-day volume weighted average stock price. The implied total enterprise value of $1.25 billion represents a multiple of 12.7 times Kaydon's LTM Adjusted EBITDA ($98 million as of June 29, 2013).

James O'Leary, Chairman and Chief Executive Officer of Kaydon, commented, "Our Board believes that the proposed transaction represents a compelling value for our shareholders. We believe that this transaction represents an excellent strategic fit for Kaydon that will allow our market leading businesses to accelerate their growth strategies by joining forces with SKF, a global industry leader. Since 2009, we have repositioned our businesses to take advantage of well defined opportunities beyond purely cyclical drivers while maintaining a strong focus on maximizing shareholder value. This was evidenced by last year's $10.50 special dividend and our consistent focus on maximizing cash returns to our shareholders. I believe this is the right time for this transaction and SKF is the right partner to take our high quality portfolio of businesses to their next level of performance."

Tom Johnstone, SKF President and Chief Executive Officer, stated, "We have followed the development of Kaydon for a long time. They have a strong product portfolio, strong management and a solid financial performance and I am delighted that they will soon be part of the SKF Group. The complementary nature of their products and technologies, their geographical and customer presence and their manufacturing footprint will enable us to even better serve our customers and distributors in the industrial market worldwide."

Under the terms of the definitive agreement, which has been unanimously approved by both companies' Boards of Directors, SKF will commence a tender offer on or after September 16, 2013 to purchase all of Kaydon's outstanding shares for $35.50 per share in cash. The Transaction is subject to customary terms and conditions and regulatory approvals and is expected to close in the fourth quarter of 2013. Kaydon stockholders will also receive their regular quarterly dividend of $0.20 per share that was declared on July 24, 2013.

Under the terms of the definitive agreement, Kaydon has the right to solicit third parties with respect to alternative acquisition proposals through October 15, 2013 (the "Go-shop Period"). Kaydon does not anticipate that it will disclose any developments with regard to this process unless and until Kaydon's Board of Directors makes a decision with respect to a potential superior proposal. There can be no assurance that this process will result in a superior proposal. The agreement also includes customary breakup fees payable to SKF in connection with the termination of the agreement in certain circumstances.

In connection with the Transaction, Barclays is acting as exclusive financial advisor to Kaydon and Paul Hastings LLP is serving as Kaydon's legal counsel.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934 regarding the Company's plans, expectations, estimates and beliefs. Forward-looking statements are typically identified by words such as "believes," "anticipates," "estimates," "expects," "intends," "will," "may," "should," "could," "potential," "projects," "approximately," and other similar expressions, including statements regarding general economic conditions, competitive dynamics and the adequacy of capital resources. These forward-looking statements may include, among other things, the Go-shop Period process, the satisfaction of closing conditions, projections of the Company's financial performance, anticipated growth, characterization of and the Company's ability to control contingent liabilities, and anticipated trends in the Company's businesses. These statements are only predictions, based on the Company's current expectations about future events. Although the Company believes the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, performance or achievements or that predictions or current expectations will be accurate. These forward-looking statements involve risks and uncertainties that could cause the Company's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements.

In addition, the Company or persons acting on its behalf may from time to time publish or communicate other items that could also be construed to be forward-looking statements. Statements of this sort are or will be based on the Company's estimates, assumptions, and projections and are subject to risks and uncertainties that could cause actual results to differ materially from those included in the forward-looking statements. Kaydon does not undertake any responsibility to update its forward-looking statements or risk factors to reflect future events or circumstances except to the extent required by applicable law.

Additional Information and Where to Find It

THE TENDER OFFER DESCRIBED IN THIS COMMUNICATION (THE "OFFER") HAS NOT YET COMMENCED, AND THIS COMMUNICATION IS NEITHER AN OFFER TO PURCHASE NOR A SOLICITATION OF AN OFFER TO SELL ANY SHARES OF THE CAPITAL STOCK OF KAYDON CORPORATION ("KAYDON") OR ANY OTHER SECURITIES. ON THE COMMENCEMENT DATE OF THE OFFER, A TENDER OFFER STATEMENT ON SCHEDULE TO, INCLUDING AN OFFER TO PURCHASE, A LETTER OF TRANSMITTAL AND RELATED DOCUMENTS, WILL BE FILED WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION (THE "SEC"). THE OFFER TO PURCHASE SHARES OF KAYDON STOCK WILL ONLY BE MADE PURSUANT TO THE OFFER TO PURCHASE, THE LETTER OF TRANSMITTAL AND RELATED DOCUMENTS FILED WITH SUCH SCHEDULE TO. THE TENDER OFFER STATEMENT WILL BE FILED WITH THE SEC BY ATLAS MANAGEMENT, INC. ("ATLAS") A WHOLLY OWNED SUBSIDIARY OF AB SKF, AND DUBLIN ACQUISITION SUB INC., AND KAYDON IS OBLIGATED TO FILE A SOLICITATION/RECOMMENDATION STATEMENT WITH THE SEC. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE TENDER OFFER STATEMENT, AS IT MAY BE AMENDED FROM TIME TO TIME, WHEN IT BECOMES AVAILABLE BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION. INVESTORS AND SECURITY HOLDERS MAY OBTAIN A FREE COPY OF THESE STATEMENTS (WHEN AVAILABLE) AND OTHER DOCUMENTS FILED WITH THE SEC AT THE WEBSITE MAINTAINED BY THE SEC AT WWW.SEC.GOV OR BY DIRECTING SUCH REQUESTS TO MACKENZIE PARTNERS INC. AT (212) 929-5500 or Toll Free at (800) 322-2885.

Non-GAAP Information

LTM Adjusted EBITDA is a non-GAAP measure. Please see our press release dated July 25, 2013, for a reconciliation of the applicable GAAP measure to the non-GAAP measure presented.

Kaydon Corporation
Timothy J. Heasley, 734-680-2018
Senior Vice President & Chief Financial Officer
http://www.kaydon.com

KEYWORDS:   United States  North America  Michigan

INDUSTRY KEYWORDS:

Tenneco Announces Europe Restructuring

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Tenneco Inc. (NYS: TEN) announced today its intention to close its ride performance plant in Gijon, Spain and decomplex its ride performance plant in Sint-Truiden, Belgium as the company continues to take actions to address ongoing weak macroeconomic conditions in Europe. Both plants manufacture shock absorbers for vehicle manufacturers and the replacement market.

The actions announced today are subject to consultation with employee works councils and in total would eliminate approximately 480 jobs in Western Europe while allowing the most efficient use of the company's capital assets and production capacity across the region.

"We sincerely regret the impact these actions would have on our employees at Gijon and Sint-Truiden," said Hari Nair, Chief Operating Officer, Tenneco. "However, the industry outlook for Europe continues to be weak with no near-term recovery. These changes, although difficult, would help us operate as efficiently as possible in this environment and strengthen our long-term competitiveness in the critically important European market."

Tenneco currently employs 230 people at the Gijon plant. The company intends to begin transferring current customer business to other ride performance operations and intends to complete the closure in the first quarter of 2014.

The actions in Sint-Truiden would transfer higher labor assemblies to other ride performance operations while focusing the Sint-Truiden plant on more highly automated, advanced component production and final assembly.

Tenneco expects to record charges of $63 million related to these actions, of which $55 million will be recorded in the third quarter. These charges include non-cash asset impairments, the cost of relocating tooling, equipment and production to other facilities, severance and retention payments to employees and other costs related to these actions.

This announcement follows the company's closing of an aftermarket facility in Vittaryd, Sweden, which was completed in August, 2013.

These actions, including the Vittaryd closure, are part of Tenneco's previously announced cost reduction initiative that is intended to reduce structural costs in Europe by $60 million annually with related costs of approximately $120 million. Tenneco expects that most of the expense will be recorded in 2013 and 2014, and that the company will reach a full savings run rate in 2016. The actions related to this announcement would be expected to represent $22 million of the projected savings.

Tenneco is a $7.4 billion global manufacturing company with headquarters in Lake Forest, Illinois and approximately 25,000 employees worldwide. Tenneco is one of the world's largest designers, manufacturers and marketers of clean air and ride performance products and systems for automotive and commercial vehicle original equipment markets and the aftermarket. Tenneco's principal brand names are Monroe®, Walker®, XNOx™ and Clevite®Elastomer.

This press release contains forward-looking statements. Words such as "intend," "anticipate," "expects," "would", "continue" and similar expressions identify forward-looking statements. These forward-looking statements are based on the current expectations of the company (including its subsidiaries). Because these forward-looking statements involve risks and uncertainties, the company's plans, actions and actual results could differ materially. Among the factors that could cause these plans, actions and results to differ materially from current expectations are: (i) changes in automotive manufacturers' production rates and their actual and forecasted requirements for the company's products, including the company's resultant inability to realize the sales represented by its awarded book of business; (ii) changes in consumer demand and prices, including decreases in demand for automobiles which include the company's products, and the potential negative impact on the company's revenues and margins from such products; (iii) the general political, economic and competitive conditions in markets where the company and its subsidiaries operate; (iv) workforce factors such as strikes or labor interruptions; (v) material substitutions and increases in the costs of raw materials; (vi) the company's ability to develop and profitably commercialize new products and technologies, and the acceptance of such new products and technologies by the company's customers and (vii), the outcome of the mandatory union consultation procedures. The company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release. Additional information regarding risk factors and uncertainty is detailed from time to time in the company's SEC filings, including but not limited to its report on form 10-K for the year ended December 31, 2012.

Tenneco Inc.
Bill Dawson
Media Inquiries
847 482-5807
bdawson@tenneco.com
or
Jane Ostrander
Media Inquiries
847 482-5607
jostrander@tenneco.com
or
Linae Golla
Investor Inquiries
847 482-5162
lgolla@tenneco.com

KEYWORDS:   United States  Belgium  Europe  North America  Illinois  Spain  Sweden

INDUSTRY KEYWORDS:

NTRR: New Horticultural System to Produce Bigger, Better Plants

SARASOTA, Fla.--(BUSINESS WIRE)-- As part of its new joint venture with horticultural innovators Surface to Air Solutions, LLC (S2O2), Neutra Corp. (OTCBB: NTRR) is working to help market and develop a sophisticated suite of products calibrated to produce bigger and more resistant plants for use in nutraceutical applications.

S2O2 has delivered advanced, scientific systems that produce a cleaner, healthier growing environment for plants, accelerating photosynthesis, increasing sugar production and boosting resistance to insects, fungus and bacteria.

The results are dramatically improved crop yields as well as improved shelf life—enormously important in the cultivation of nutraceutical ingredients such as medical marijuana (MMJ). Under the terms of the joint venture agreement signed last week, NTRR will partner with STA to develop and market innovations designed to make indoor and outdoor growing operations easier and more efficient to build and maintain.

NTRR is already working with Vertigo Technologies, LLC, to advance the development and marketing of innovative horticultural production systems. The company is dedicated to developing the advanced technology necessary to more efficiently deliver potent, all-natural options to chronic pain sufferers and others desperately in need of effective treatment.

By providing innovative nutraceutical products and services such as new MMJ breakthroughs, Neutra Corp. plans to follow in the footsteps of other successful public companies including Cannabis Science, Inc. (OTCBB: CBIS), Medical Marijuana Inc. (OTCBB: MJNA) and Terra Tech Corp. (OTCBB: TRTC), delivering technological advancements in the cultivation and processing of cannabis in approved markets.

For more information on NTRR's initiatives, please visit www.neutracorp.com.

About Neutra Corp.

Neutra Corp. is a healthy lifestyle company that specializes in the development and marketing of natural wellness solutions, including cannabis-related products and services as well as protective, anti-microbial coatings for indoor and outdoor surfaces. For investing information and performance data, please visit www.neutracorp.com.

Notice Regarding Forward-Looking Statements

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Neutra Corp.
Sydney Jim, 813-367-2041
President and CEO
info@neutracorp.com

KEYWORDS:   United States  North America  Florida

INDUSTRY KEYWORDS:

Online Travel Industry Booms

TAMPA, Fla.--(BUSINESS WIRE)-- As On the Move Systems Corp. (OTCBB: OMVS) prepares its new online transportation portal for launch, many experts are saying that there's never been a better time to enter the fast-growing sector. Industry analysts SDL reported this week that 80 percent of travelers now make their arrangements online.

In a report titled "The Modern Traveler: A Look at Customer Engagement in the Travel Industry," SDL made that claim after surveying 4,000 consumers in the United Kingdom, United States and Australia. Eighty-four percent of respondents stated that a positive online or Web experience is important or very important when booking travel.

That's good news for OMVS as it builds a ground-breaking new Web service designed to offer fantastic deals on chartered airlines, luxury ground transportation, intermodal shipping and more. By delivering top-notch customer service to clients whose transport of choice aren't offered by bigger, established companies such as Priceline and Expedia, OMVS intends to carve out its own growing share of the $300 billion online travel industry.

In order to achieve that goal, OMVS recently signed a development partnership agreement with ByterDyne, an architect of scalable, custom software solutions across the energy, transportation/logistics and e-commerce industries. Together, the two companies are working to complete the development of OMVS' ISTx platform, the digital heart of an online portal designed to connect users with discounted transportation options from charter jet service to luxury ground shuttles and more.

The ISTx platform is a major part of OMVS' plans to market and develop new solutions that will allow it to compete in the online travel market alongside Priceline.com (NAS: PCLN) , TripAdvisor.com (NAS: TRIP) and Expedia.com (NAS: EXPE) .

For more information on On the Move Systems' bold new direction, please visit www.onthemovesystems.com.

About On the Move Systems Corp.

On the Move Systems Corp. (OTCBB: OMVS) is focused on the development of cutting-edge technology across a broad spectrum of industries. The company is currently exploring new online tools to reduce costs and increase convenience in the tourism and transportation industry. For more information, please visit our website at www.onthemovesystems.com.

Notice Regarding Forward-Looking Statements

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

On the Move Systems, Inc.
Patrick Brown, 813-367-9511
President and CEO
info@onthemovesystems.com

KEYWORDS:   United States  North America  Florida

INDUSTRY KEYWORDS:

Adobe Introduces New Generator Features For Photoshop CC and Edge Reflow

All-New Technology Streamlines Web Production and Mobile Design Workflows For Creative Cloud Members

SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (NAS: ADBE) today announced Adobe Generator, technology that fundamentally changes the way people work with Photoshop for web and screen design. Generator is a platform that brings Photoshop to the heart of the design process, enabling greater interoperability between Adobe® Photoshop® CC, Adobe Creative Cloud™ and third party applications. Also new -- and available today for Creative Cloud members -- is a Photoshop CC feature built using Generator technology, which streamlines web and screen design by delivering image assets in real-time to save users the tasks of extracting, cropping, sizing and exporting. Additionally, new connectivity between Adobe® Edge Reflow® CC and Photoshop gives users the ability to take Photoshop assets directly into Edge Reflow with just one click. Edge Reflow is a design tool focused on creating responsive web designs.

Adobe Photoshop CC (Photo: Business Wire)

"Today we're excited to usher in a new era of Photoshop productivity for anyone designing for the Web or mobile apps," said Winston Hendrickson, vice president of products, Creative Media Solutions, Adobe. "Now with Generator, customers can skip the hassles of slicing and exporting from Photoshop and speed up day-to-day web and mobile app production through an intelligent and customizable workflow."

The first Adobe Generator features for Photoshop CC and Edge Reflow include:

• Real-time image asset generation gives Photoshop CC users the power to eliminate time-consuming production steps while ensuring their designs are properly implemented both on the desktop and mobile screens
• Tagged layers and groups in Photoshop CC are automatically saved and updated in real-time as individual files, in the format selected
• Layers can now be exported as JPEG, GIF, or PNG with a variety of options, including scaling for Retina displays and varying levels of compression
• In one click, Edge Reflow CC can import Photoshop CC assets, including images and text directly into Edge Reflow, allowing designers to immediately begin their responsive design process and reduce manual production steps

The Adobe Generator technology platform has an easy-to-use JavaScript API, paving the way for third-party apps and services developers to create similar tools that integrate with Photoshop CC. To accelerate the creation of more third-party apps, Adobe has released Generator and the real-time image asset generation feature as open source projects. More information is available at http://github.com/adobe-photoshop.

"As we expand our business from .com websites out to multiple mobile platforms, it is essential for us to have the ability to use the integrated tools and services in Creative Cloud to tighten our design workflow," said Stephen Gates, vice president, Global Brand Design, Starwood Hotels & Resorts. "With more than 1,100 luxury hotels, it can be time consuming doing multi-screen design with adjustments to assets for each screen. Now, with Generator and the real-time image assets creation feature in Photoshop CC, our design team can be more nimble, ideate, and deliver faster."

"Creating a mobile game requires frequent and rapid iterations," said Nate Beck, CEO of The Engine Company, a leading developer of game engines. "With Adobe Generator, we built a plug-in written in JavaScript that connects our Photoshop designs to our Loom SDK game running on iOS, Android and OUYA. When the design is changed in Photoshop, it immediately changes in the game in real-time, allowing for much faster experimentation, and ultimately a better game."

Helpful Links

• Introducing Adobe Generator
• The Engine Company demonstrates Adobe Generator and the Loom SDK in a new kind of workflow

Membership Plans and Availability

These updates to Photoshop CC and Edge Reflow are available immediately to Creative Cloud members. Current Creative Cloud members receive this innovation as part of their existing membership, at no extra cost. Individual, education, team, government and enterprise membership plans are available. For pricing details, visit: https://creative.adobe.com/plans.

See New Generator Technology at Create Now World Tour

Adobe's new Generator features for Photoshop CC and Edge Reflow will be showcased at the company's upcoming Create Now World Tour. At these free seminars, Adobe evangelists will share tips and techniques to create and share standout work, using Creative Cloud. Create Now enables creatives to meet the experts, watch amazing demonstrations, learn new skills, network with peers, and get answers to workflow questions. The first event is September 19, in San Francisco, California. More information is available at: www.adobeeventsonline.com/createevent.

About Adobe Systems Incorporated

Adobe is changing the world through digital experiences. For more information, visit www.adobe.com.

© 2013 Adobe Systems Incorporated. All rights reserved. Adobe, the Adobe logo, Creative Cloud, Edge Reflow, and Photoshop are either registered trademarks or trademarks of Adobe Systems Incorporated in the United States and/or other countries. All other trademarks are the property of their respective owners.

Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130908005071/en/

Adobe
Marissa Lee, 415-832-5378
marlee@adobe.com
or
Edelman
Reagan Crossley, 650-762-2955
reagan.crossley@edelman.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

Adobe Previews Major Update to Video Tools in Creative Cloud

Significant Innovations to Professional Video Products, Including Adobe Anywhere, Coming Soon

SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (NAS: ADBE) today announced plans to significantly update the video tools in Adobe® Creative Cloud™. With over 150 new features, this upcoming release is packed with new capabilities in Adobe Premiere® Pro CC, Adobe After Effects® CC, Adobe SpeedGrade™ CC, Adobe Prelude™ CC, Adobe Media Encoder CC and Adobe Story CC Plus redefining how video professionals create, collaborate and deliver high quality productions across multiple screens. Important updates will also be added to Adobe Anywhere® for video, which enables large virtual teams of talent to efficiently shoot, log, edit, share and finish video productions together. Today's announcement signifies Adobe's commitment to providing continuous innovation for Creative Cloud members and builds upon the huge customer momentum Adobe video is experiencing across the broadcast and post-production industries. These major updates, expected in October, allow broadcast and media professionals to extend their creative toolset and streamline their editing environments.

Adobe will demonstrate its new solutions, highlight key customers and partner focused initiatives during the annual IBC 2013 Exhibition at its stand (Hall 7, Stand 7.G27) in the RAI Convention Center, Sept. 13-17, and online at www.adobe.com/go/ibc2013. Adobe professional video and broadcast tools will also be presented in more than 60 partner booths throughout the IBC exhibit.

New Innovations to Creative Cloud for Video

Creative Cloud offers video professionals a membership-based service that provides users with unlimited access to download and install flagship Adobe professional video desktop applications as well as the full range of Adobe desktop applications for design, Web and photography. With Creative Cloud membership, users also have access to publishing services to deliver apps and websites, cloud storage and the ability to sync to any device, and new products and exclusive updates as soon as they're released. This offers more efficient ways to share work with colleagues and the creative community; and enables more innovation, collaboration and efficient productions from post to broadcast. Key new updates include:

• A new Direct Link Color Pipeline between Adobe Premiere Pro CC and SpeedGrade CC provides an integrated workflow that allows users to move multi-track timelines seamlessly back and forth; open Adobe Premiere Pro CC sequences in SpeedGrade quickly; and see the results as effects in Adobe Premiere Pro CC that are managed by the Lumetri Deep Color Engine.
• Expanded native support for UltraHD, 4K and higher resolutions, high frame rates and RAW formats, enables editors to work with footage from the hottest new high-res cameras natively - without having to wait to transcode and re-wrap files.
• The Mask Tracker in After Effects enables video professionals to create masks and apply effects that track automatically frame-by-frame throughout a composition to save countless hours of tedious work.
• Editing is streamlined in Premiere Pro CC, with improved multicam, enhanced closed captioning capabilities, new monitor overlays and audio monitoring features, enabling editors to work faster.
• Performance enhancements punctuate this release with support in Premiere Pro CC for OpenCL, providing editors with the speed and power they need for the most demanding projects; and new GPU debayering of the Cinema DNG file format for real time playback.
• A preview of the upcoming Prelude CC Live Logger iPad app, which enables users to log notes, events, and other data on their iPad while shooting, including the ability to sync with timecode on set via supported wireless timecode generators, and then sync metadata to footage via Creative Cloud for faster editing.
• Advanced color grading with the new SpeedLooks in SpeedGrade CC offers dedicated camera patches. This allows users to match the color spaces even across different camera formats. New multiple masks and linked mask layers capabilities also enable SpeedGrade users more control over complex looks.
• New Sync Settings in Adobe Media Encoder CC let users now sync application preferences between multiple computers via Creative Cloud.
• New production planning features in Adobe Story Plus provide powerful scheduling and reporting tools for managing productions efficiently, making it easy to modify and share lists between productions and users.

The Next-Generation of Adobe Anywhere for video

Adobe today also announced important updates are planned to AdobeAnywhere, the modern collaborative workflow platform that empowers users of Adobe professional video solutions such as Adobe PremierePro CC and Adobe Prelude CC to work together using centralized media and assets across standard networks. Adobe Anywhere complements Creative Cloudapplications and enables deep collaboration for large organizations working with video, including broadcasters, educational institutions and government agencies.

• Early access to After Effects CC Support: Adobe Anywhere now enables visual effects and motion graphic artists using After Effects CC to collaborate with other production team members, without the need to learn new software.
• Growing File Support: Users can now edit media in Premiere Pro CC while it is recording to a file - a capability important for sports and live broadcasters.
• Complementary iPad App: Adobe is previewing an upcoming Adobe Anywhere iPad app, that enables users to view productions and play back sequences on the Anywhere server from the field or a remote location.

Adobe Quote:

Bill Roberts, director of video product management, Adobe

• "Professional video is a dynamic industry where things change fast. Broadcasters and Video Pros have limited resources and are under increasing pressure to deliver more on shorter timelines and smaller budgets, so they need solutions that streamline workflows and enable more efficiency. We have seen rapid adoption of our video tools in Creative Cloud and are excited that less than five months after a milestone Creative Cloud release, we're able to preview significant new features and services. We make an active effort to listen to our customers and develop solutions to address industry challenges and both Creative Cloud and Adobe Anywhere give us a great platform to quickly deliver those enhancements."

Customer Quotes:

Patrick Dahl, Co‐founder, Banner Collective post-production for Chicago Blackhawks

• "Our work evolves with technology, so it is cost effective for us to take advantage of the Adobe Creative Cloud model. Adobe invests in its video products and it's incredible to see how far they have come. Why wouldn't you want immediate access to all of the great new offerings?"

Walter Biscardi, Jr., Principal, Biscardi Creative Media

• "The move to Adobe Creative Cloud for software delivery really opens up a huge mindset change for us on the end user side. It's awesome to know that not only is every tool in the toolbox available to us, but instead of waiting months or a year to see a new feature rolled out, Adobe can now implement changes and features as they are ready. That's huge to know that new tools will be in our hands faster than ever before."

Stephen Lawes, Creative Director, Cantina Creative

• "We spend 90% of our time in Adobe After Effects CC, so any features that save us time and fuel our creativity are appreciated. In After Effects CC there's a lot to love - from the new Cinema4D integration and the improved 3D tracker to the addition of Refine Edge to the Roto Brush and improved scaling algorithms - it all has a positive impact on our workflow."

Gerard Tay, Film and TV Editor

• "For quick turnaround jobs, Adobe Premiere Pro CC nails it. I can edit faster than in Final Cut Pro 7 because I don't have to transcode, the trim tools are better, and I can use features such as Hover Scrub to cut a montage incredibly quickly."

Videos:

• October Video releases Overview
• What's coming in Adobe Premiere Pro CC
• What's coming in After Effects CC

Helpful Links:

• Facebook: Creative Cloud
• Facebook: Premiere Pro
• Facebook: After Effects
• Twitter: Creative Cloud
• Twitter: Premiere Pro
• Twitter: After Effects
• Adobe® Creative Cloud™
• Adobe Premiere® Pro CC
• Adobe After Effects® CC
• Adobe SpeedGrade® CC
• Adobe Prelude®CC
• Adobe® Media Encoder CC
• Adobe® Story CC Plus

Membership Plans and Availability:

This major update to the video tools in Creative Cloud is expected to be available in mid-October 2013. Current Creative Cloud members receive all of this innovation as part of their existing membership, at no extra cost. Special promotional pricing is available to existing customers who own CS3 or later. Individual, education, team, government and enterprise membership plans are available. For pricing details, visit: https://creative.adobe.com/plans.

New enhancements for Adobe Anywhere for video are expected to be available in mid-October. For pricing, please contact an Adobe account representative at anywhere@adobe.com. For further details on Adobe Anywhere, visit http://www.adobe.com/products/adobeanywhere.html. For more information on Adobe Broadcast Solutions, visit http://www.adobe.com/go/broadcast.

For more information on Adobe Creative Cloud or Premiere Pro CC, After Effects CC, SpeedGrade CC and other tools available in Creative Cloud, please visit www.adobe.com/products/creativecloud.html.

See New Video Tools at Create Now World Tour

Adobe's new video tools will be showcased at the company's upcoming Create Now World Tour. At these free seminars, Adobe evangelists will share tips and techniques to create and share standout work, using Creative Cloud. Create Now enables creatives to meet the experts, watch amazing demonstrations, learn new skills, network with peers, and get answers to workflow questions. The first event is September 19, in San Francisco, California. More information is available at: www.adobeeventsonline.com/createevent.

About Adobe Systems Incorporated

Adobe is changing the world through digital experiences. For more information, visit www.adobe.com.

© 2013 Adobe Systems Incorporated. All rights reserved. Adobe, the Adobe logo, After Affects, Aywhere, Creative Cloud, Media Encoder, Prelude, Premiere Pro, SpeedGrade and Story and are either registered trademarks or trademarks of Adobe Systems Incorporated in the United States and/or other countries. All other trademarks are the property of their respective owners.

This press release contains forward looking statements, including those related to Adobe's future product plans, which involve risks and uncertainties that could cause actual results to differ materially. For a discussion of these and other risks and uncertainties, individuals should refer to Adobe's SEC filings. Adobe does not undertake an obligation to update forward looking statements.

Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130908005069/en/

Adobe
Sandra Nakama, 415-832-4053
snakama@adobe.com
or
Edelman
Nicole Wasowski Dorsa, 650-762-2972
nicole.dorsa@edelman.com

KEYWORDS:   United States  Europe  North America  Netherlands  California

INDUSTRY KEYWORDS: