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Misinformation and Legal Wrangling Delaying Mission-Critical A-29 Super Tucano for American Warfighters in Afghanistan SPARKS, Nev., Feb. 2, 2012 /PRNewswire-USNewswire/ -- Sierra Nevada Corporation (SNC), the winner of the U.S. Air Force Light Air Support (LAS) competition, today issued a point-by-point rebuttal of misinformation being spread by the disqualified contender for the contract.  The LAS contract provides aircraft, training and support for the U.S. government's partner building efforts in Afghanistan and other nations.  The aircraft is urgently needed to support aerial reconnaissance and light air operations in Afghanistan, as well as to develop the organic capability needed to complete the United State's counterinsurgency mission in Afghanistan.  On Dec. 22, 2011, the U.S. Air Force awarded the LAS contract to SNC, having earlier disqualified the ... (more)

Absolute Software Launches Earth Day Angels Campaign

Absolute Earth Day Angels Encourage Everyone to Pledge Their Act of Green VANCOUVER, April 16, 2013 /PRNewswire/ - Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops and ultra-portable devices, today announced the launch of the Earth Day Angels Campaign in support of A Billion Acts of Green®. A Billion Acts of Green is a simple project with a big goal - to encourage everyone to pledge to make one green change in their lives. Led by Absolute Software employees, the Absolute Earth Day Angels campaign ends on Earth Day, on April 22nd, 2013. People from around the world are invited to pledge an act of green and share it online. Absolute Software will donate one dollar* to the Earth Day Network for every pledge shared on Twitter, Facebook, YouTube or the Absolute InTelligence Blo... (more)

Scholastic Reports Fiscal 2014 Third Quarter Results

NEW YORK, March 20, 2014 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported results for the fiscal 2014 third quarter ended February 28, 2014.  Revenue in the third quarter was $373.5 million, compared to $378.6 million a year ago.  The Company reported a loss per share from continuing operations of $0.38, versus a loss of $0.62 in the prior year period.  Consolidated loss per share was $0.38 in the quarter, compared to a loss of $0.63 a year ago.  The decrease in net loss was solely the result of a favorable settlement of outstanding federal tax audits which resulted in a one-time tax benefit of $13.8 million, or $0.43 per share, in the current period.  This one-time tax benefit was partially offset by one-time pre-tax expenses of $6.4 million, or $0.13 per share, which include an impa... (more)

Virtualization Expo New York Call for Papers to Expire January 15, 2010

Virtualization Expo on Ulitzer Virtualization cuts across just about all that you might find in the today's data center: to one degree or another, clients, servers, applications, storage systems, data networks, and security can all now be virtualized. . By compressing multiple workloads onto a single physical server, Virtualization enables data centers to save tremendous amounts of money on hardware, power, cooling and floor space. For small and midsized enterprises, Virtualization can also help data centers tap into levels of fault tolerance previously enjoyed only by huge organizations. And chief executives are discovering that Virtualization has the potential not only to improve the balance sheet, but also to strengthen competitive advantage and put a shine on the corporate brand. Designing and managing IT environments independently from physical limitations is... (more)

Cloud Expo New York Call for Papers to Expire January 15, 2010

Cloud Expo New York In response to massive demand, the world's largest Cloud event - the International Cloud Expo series - is expanding its number of tracks and sessions for its upcoming New York event: 5th International Cloud Expo. The deadline for the very popular Call for Papers, which resulted in a greater deluge of submissions than ever seen before, is being extended to the other side of the holiday period - to January 15, 2010. Additionally, SYS-CON Events announces the addition of additional tracks, additional session slots, and a general all-round expansion of the program in line with the expectations and needs of the 5,000 delegates who are expected to register for the event. Submit Your Speaking Proposal Today to the Largest Cloud Computing Event in the World! Topics to be covered at the 5th International Cloud Expo will include: SaaS, PaaS, and IaaS Stora... (more)

Cloud Computing Instrumental in IT Recovery for 2010

New Year 2010 on Ulitzer IDC, the tech industry analysts, have come out with their predictions for 2010 – and it’s a model that heavily involves the development and growth of the Cloud. First some general IT industry forecasts: - growth is expected to return to the IT industry, and IDC is forecasting a more than 3% expansion for the year; the industry will see spending levels rise once again (but to 2008 levels) to $1.5 trillion; - emerging markets such as China, India and Brazil will lead IT recovery, growing 8-13%, while mature markets like the U.S. and Europe are to remain relatively weak and vulnerable to risk factors; - small and medium-sized businesses, another important form of “emerging market” for the IT industry, declined by about 3.5% this year…but expect this sector to grow in 2010 by 3.5%. Growth among SMBs will be higher than large enterprises. What ro... (more)

Macromedia CFO Betsey Nelson Joins Good Technology's Board of Directors

Good Technology, the leading provider of industry standards-based enterprise handheld computingsoftware and service, has announced that Betsey Nelson, Executive Vice President and Chief Financial Officer of Macromedia, has joined the Company's Board of Directors."With more than 7,000 corporations using Good Technology's software and service to manage and secure mission critical enterprise applications and boost mobile productivity, Good is enabling the next wave of computing," said Nelson. "I look forward to contributing to the company's success." "Betsey brings an immense wealth of financial and operational wisdom to Good from her experience leading a highly successful public company with a growing wireless business," said Danny Shader, CEO, Good Technology. "Good will benefit from Betsey's business expertise as we continue to grow by serving our worldwide customer... (more)

RIA Leader Laszlo Systems Expands Management Team

Laszlo Systems, a global leader in Rich Internet Application (RIA) software, announced that it has appointed George Shahid as chief financial officer, Chris Helgeson as senior vice president of engineering, and Reid Thomas as senior vice president of worldwide sales and distribution.  Continuing the company’s momentum, today’s news follows recent reports that Laszlo is growing at a strong pace, its technology having already served over 40 million people per month nationwide. “Chris, George and Reid are terrific complements to our talented management team as they reflect our same commitment to excellence and proven ability to succeed,” said Steve Ciesinski, President and CEO, Laszlo Systems.  “In particular, Chris’s new role allows our Founder and CTO, David Temkin, to spend more time interfacing with our customers, as well as tech... (more)

ITC^DeltaCom Appoints New Chief Financial Officer

WEST POINT, Ga., April 18 /PRNewswire-FirstCall/ -- ITC^DeltaCom, Inc. , a leading provider of integrated communications services to customers in the southeastern United States, today announced that Richard E. Fish has been appointed the Company's Chief Financial Officer. Mr. Fish joined ITC^DeltaCom in February 2005 as Chief Administrative Officer and brings more than seventeen years of diverse financial and strategic management, business development and operational experience to the Company. Before joining the Company, Mr. Fish served from November 2000 to October 2004 as Executive Vice President and Chief Financial Officer for ICG Communications, Inc., a telecommunications service provider. Prior to assuming that role, Mr. Fish served from September 1999 to November 2000 as ICG's Senior Vice President of Finance. Before his service with ICG, Mr. Fish served from... (more)

Mercury Board of Directors Names Anthony Zingale Chief Executive Officer

MOUNTAIN VIEW, Calif., Nov. 2 /PRNewswire-FirstCall/ -- Mercury Interactive Corporation today announced that the Board of Directors has named Anthony ("Tony") Zingale as chief executive officer. Mr. Zingale, who joined Mercury in December 2004 as the Company's president and chief operating officer, is a highly regarded executive with more than twenty years of experience building profitable, high growth information technology companies. David Murphy, who joined the Company in 2003 as senior vice president, corporate development, has been named chief financial officer. Dr. Giora Yaron, a member of the Mercury Board since 1996, has been elected Chairman of the Board. The appointments of Mr. Zingale, Mr. Murphy, and Dr. Yaron follow the presentation of determinations by the Special Committee and its independent counsel, O'Melveny & Myers LLP to the Board of Directors reg... (more)

TECHNICOLOR: Q2 and H1 2013, continued strong progress

PARIS -- (Marketwired) -- 07/26/13 -- PRESS RELEASE Q2 and H1 2013: continued strong progress * Revenue growth at constant rate and scope, improved profitability and free cash flow * Continued deleveraging and successful refinancing * Full year outlook confirmed The Board of Directors of Technicolor (EURONEXT PARIS: TCH) met yesterday to review the Group's results for the first half of 2013 (unaudited). H1 2013 highlights · Revenue growth at constant scope[1] and currency: up 3.1% at EUR1.6 billion, driven by solid performances of Connected Home and Entertainment Services (excluding legacy activities) segments.. · Adjusted EBITDA[2] at EUR207 million, up 11% year-on-year at constant scope. Margin increase of 1.0 point compared to the first half of 2012. · Net profit of EUR6 million, up from a net loss of EUR26 million in the first half of 2012. · Group Free cash fl... (more)