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SCOTTS VALLEY, Calif. - April 29, 2010 - Seagate Technology (NASDAQ: STX) today announced that it has increased the size of its previously announced offering of $500 million aggregate principal amount of senior notes due 2020 (the “Notes”) to $600 million. The Notes were priced at 100% of the aggregate principal amount and will bear interest at a rate of 6.875% per annum.
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Full View / NID: 33514 / Submitted by: TACKtech Team
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SCOTTS VALLEY, Calif. - April 29, 2010 - Seagate Technology (NASDAQ: STX) today announced that it intends, subject to market and other conditions, to offer $500 million aggregate principal amount of senior notes due 2020 (the “Notes”) in a private placement. The Notes are expected to be issued by Seagate HDD Cayman, an indirect wholly-owned subsidiary of Seagate Technology, and guaranteed by Seagate Technology or, following the completion of its pending redomiciliation, Seagate Technology plc on a full and unconditional basis.
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Full View / NID: 33513 / Submitted by: TACKtech Team
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SAN DIEGO, April 29, 2010 /PRNewswire via COMTEX News Network/ -- DivX, Inc. (Nasdaq: DIVX), a digital media company, today announced that members of the DivX management team will address investors at the J.P. Morgan 2010 Global Technology, Media and Telecom Conference on Tuesday, May 18, 2010. (Logo: http://www.newscom.com/cgi-bin/prnh/20081124/...
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Full View / NID: 33485 / Submitted by: TACKtech Team
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SANTA CLARA, Calif.—April 29, 2010—NVIDIA (Nasdaq: NVDA) will host a conference call on Thursday, May 13, at 2 p.m. Pacific Time (PT) to discuss its financial results for the first quarter of fiscal year 2011, ended May 2, 2010.
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Full View / NID: 33319 / Submitted by: The Zilla of Zuron
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SANTA CLARA, Calif. —April 29, 2010—The time-consuming scientific research behind drug discovery can now be accelerated with the launch of AMBER 11, a software tool that enables bio-scientists to harness the power of supercomputing on their desktop PC.
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Full View / NID: 33318 / Submitted by: The Zilla of Zuron
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The first beta release of PostgreSQL version 9.0 is now available. 9.0 is the first version of PostgreSQL to include built-in real-time binary database replication with query scale-out, and will expand adoption of PostgreSQL by new users and in new types of applications.
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Full View / NID: 33314 / Submitted by: The Zilla of Zuron
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Malwarebytes' Anti-Malware is considered to be the next step in the detection and removal of malware. In our product we have compiled a number of new technologies that are designed to quickly detect, destroy, and prevent malware. Malwarebytes' Anti-Malware can detect and remove malware that even the most well known anti-virus and anti-malware applications fail to detect. Malwarebytes' Anti-Malware monitors every process and stops malicious processes before they even start. The Realtime Protection Module uses our advanced heuristic scanning technology which monitors your system to keep it safe and secure. In addition, we have implemented a threats center which will allow you to keep up to date with the latest malware threats.
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Full View / NID: 33291 / Submitted by: TACKtech Team
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Full View / NID: 33287 / Submitted by: The Zilla of Zuron
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Use Ad-Aware’s built-in update feature to enable it to recognize the latest spyware. Alternatively, you can manually download the latest definitions and unzip them into the Ad-Aware program folder.
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Full View / NID: 33283 / Submitted by: The Zilla of Zuron
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London, 29th April, 2010 - More than half (61%) of IT decision makers in the UK see the security threat of staff use of social media as their biggest concern, according to new research by LANDesk Software, a global leader in PC lifecycle management, endpoint protection and IT service management. The study found that IT departments are facing an uphill struggle to regain control of the way they enforce policy and practice within their organisations...
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Full View / NID: 33282 / Submitted by: The Zilla of Zuron
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Industry experts highlight the critical success path for enterprise customers migrating to Windows 7 in video roundtable discussion London, UK: 29, April 2010-App-DNA, the application compatibility specialist today unveiled two videos that highlight the application migration and compatibility issues organisations face as they move to Windows 7. The roundtable discussion, hosted by technology journalist, Cliff Saran features input from Chris Jackson, Microsoft's 'App Compat Guy', Andy Wray, the head of Microsoft Practice at HP and...
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Full View / NID: 33281 / Submitted by: The Zilla of Zuron
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Use Ad-Aware’s built-in update feature to enable it to recognize the latest spyware. Alternatively, you can manually download the latest definitions and unzip them into the Ad-Aware program folder.
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Full View / NID: 33280 / Submitted by: The Zilla of Zuron
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The Official Pattern Release or OPR is Trend Micro's latest compilation of patterns for identified viruses. It is guaranteed to have passed a series of critical tests to ensure that customers get optimum protection from the latest virus threats.
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Full View / NID: 33279 / Submitted by: The Zilla of Zuron
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Beyond Compare allows you to quickly and easily compare your files and folders. By using simple, powerful commands you can focus on the differences you're interested in and ignore those you're not. You can then merge the changes, synchronize your files, and generate reports for your records.
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Full View / NID: 36325 / Submitted by: TACKtech Team
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Novato, CA (April 28, 2010) - Sonic Solutions® (NASDAQ: SNIC), today announced a broad program to support the "next big thing" in home video — the arrival of 3D in the home — with new professional and consumer solutions for the creation, publishing, and playback of 3D digital video content. Sonic is unique in its focus on "Hollywood-to-Home" solutions that enable the growth of new video formats, and Sonic's new 3D offerings will help to fuel the availability and consumer adoption of 3D video.
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Full View / NID: 33504 / Submitted by: TACKtech Team
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(Fremont, CA – April 28, 2010) – Plextor (www.plextor.com), a leading developer and manufacturer of high-performance digital media equipment, earns top scores from well-respected media outlets, PC World and Maximum PC, for its PX-B940SA 12X internal Blu-ray writer.
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Full View / NID: 33496 / Submitted by: TACKtech Team
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SAN DIEGO, April 28, 2010 /PRNewswire via COMTEX News Network/ -- DivX, Inc. (Nasdaq: DIVX), a leading digital media company, today announced results for the first quarter ended March 31, 2010. (Logo: http://www.newscom.com/cgi-bin/prnh/20081124/DIVXLOGO) The Company reported revenues for the first quarter of $23.3 million, comprised of approxim...
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Full View / NID: 33484 / Submitted by: TACKtech Team
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Fremont, CA, and Glasgow, UK, April 28, 2010 — Lexar Media, a leading global provider of memory products for digital media, today announced the results from its customer-driven products rating feature on Crucial.com, a leading source for computer memory upgrades. The product review system allows customers to use a 5-star rating scale to assign a rating to products they already own. Customers are invited to leave comments on the 'pros and cons' of the product, including ease of installation, performance benefits, as well as delivery and customer service features. More than 50,000 product reviews have been completed to date, allowing existing Crucial.com customers to provide valuable feedback and knowledge to enable future customers to make informed decisions.
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Full View / NID: 33474 / Submitted by: TACKtech Team
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This unified driver has been further enhanced to provide the highest level of power, performance, and reliability. The ATI Catalyst™ software suite is the ultimate in performance and stability.
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Full View / NID: 33285 / Submitted by: TACKtech Team
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This unified driver has been further enhanced to provide the highest level of power, performance, and reliability. The ATI Catalyst™ software suite is the ultimate in performance and stability.
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Full View / NID: 33284 / Submitted by: TACKtech Team
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FREMONT, Calif., April 28, 2010 and ROMANEL-SUR-MORGES, Switzerland, April 29, 2010 — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the fourth quarter and full year of Fiscal Year 2010.
Sales for Q4 FY 2010 were $525 million, up 29 percent from $408 million in the same quarter last year. Excluding the favorable impact of exchange rate changes, sales increased by 25 percent. Operating income was $28 million, compared to an operating loss of $43 million in the same quarter a year ago. Net income for Q4 was $24 million ($0.14 per share) compared to a net loss one year ago of $35 million ($0.20 per share). Gross margin for Q4 FY 2010 was 35.8 percent, up from 25.0 percent in Q4 FY 2009.
Logitech’s retail sales for the fourth quarter of FY 2010 grew by 27 percent year over year, with sales up by 54 percent in the Americas, 15 percent in EMEA, and 10 percent in Asia. OEM sales grew by 1 percent.
“After a challenging start to the year, we ended Fiscal Year 2010 with very strong sales and gross margin performance,” said Gerald P. Quindlen, Logitech president and chief executive officer. “I’m very pleased that in Q4 we delivered strong sell-through growth and achieved double-digit sales growth in our three retail regions, as well as double-digit sales growth across all of our retail product categories. And we delivered our highest Q4 gross margin ever.
“As we begin FY 2011, our focus shifts from emerging stronger from the downturn to returning to driving strong top-line and profitability growth by executing on our long-term strategy. We enter the new fiscal year with an improving economic outlook, a strong balance sheet and accelerating sales momentum in all retail sales regions. We’re well positioned for growth across our product portfolio. Most notably, we see continued strong double-digit sales growth in the digital home with our line of Harmony remotes, which now includes innovative new models at lower price points for a broader range of households. We also expect accelerating sales growth in FY 11 from our LifeSize video communications division, which in Q4 had its highest billings ever.”
Full-Year Financial Results
For the full fiscal year, sales were $2.0 billion, down from $2.2 billion in FY 2009. Operating income was $78 million, down from $110 million a year ago. Net income was $65 million ($0.36 per share), compared to $107 million ($0.59 per share) in the prior year. Gross margin for FY 2010 was 31.9 percent compared to 31.3 percent in FY 2009.
Outlook
For Fiscal Year 2011, ending March 31, 2011, Logitech targets sales of approximately $2.3 billion and gross margin of approximately 34 percent. The Company expects operating income to approximately double year over year. The tax rate for FY 2011 is expected to be approximately 18 percent.
For the first quarter of Fiscal Year 2011, ending June 30, 2010, Logitech targets sales in the range of $450 million to $465 million and gross margin of approximately 34 percent. The Company expects operating income for Q1 FY 2011 to be approximately $5 million.
Earnings Teleconference and Webcast
Logitech will hold an earnings teleconference on Thursday, April 29, 2010 at 8:30 a.m. Eastern Daylight Time and 14:30 Central European Summer Time. A live webcast of the call, along with presentation slides, will be available on the Logitech corporate Web site at http://ir.logitech.com.
About Logitech
Logitech is a world leader in personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI).
# # #
This press release contains forward-looking statements, including the statements regarding anticipated sales, operating income and gross margin for Q1 FY 2011, anticipated sales, operating income, gross margin and tax rate for FY 2011, returning to strong top-line and profitability growth, executing on our long-term strategy, being positioned for growth across our product portfolio, the rate of sales momentum in our retail sales regions and for our LifeSize video communications division, and anticipated strong double-digit sales growth in Harmony remotes. The forward-looking statements in this release involve risks and uncertainties that could cause Logitech’s actual results to differ materially from that anticipated in these forward-looking statements. Factors that could cause actual results to differ materially include: our inability to predict the timing and strength of the improvement in our business, operating results and financial condition; the demand of our customers and our consumers for our products and our ability to accurately forecast it; consumer reaction to our new products; the effect of pricing, product, marketing and other initiatives by our competitors, and our reaction to them, on our sales, gross margins and profitability; if we fail to take advantage of long-term trends in the consumer electronics and personal computers industries; if we fail to successfully innovate in our current and emerging product categories and identify new feature or product opportunities; the sales mix among our lower- and higher-margin products and our geographic sales mix; if we fail to execute upon our long-term strategic plans and opportunities; our product introductions and marketing activities not resulting in the product or category growth we expect, or when we expect it; the retention of employees of LifeSize and the ability of Logitech to successfully integrate LifeSize’s market opportunities, technology, personnel and operations and to achieve anticipated results; competition in the video conferencing and communications industry, including from companies with significantly greater resources, sales and marketing organizations, installed base and name recognition; as well as those additional factors set forth in Logitech’s periodic filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2009, and our subsequent Quarterly Reports on Form 10-Q available at www.sec.gov. Logitech does not undertake to update any forward-looking statements.
Logitech, the Logitech logo, and other Logitech marks are registered in Switzerland and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s Web site at www.logitech.com.
(LOGI – IR)
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Full View / NID: 33278 / Submitted by: The Zilla of Zuron
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Spybot - Search & Destroy detects and removes spyware, a relatively new kind of threat not yet covered by common anti-virus applications. Spyware silently tracks your surfing behaviour to create a marketing profile for you that is transmitted without your knowledge to the compilers and sold to advertising companies. If you see new toolbars in your Internet Explorer that you have not intentionally installed, if your browser crashes inexplicably, or if your home page has been "hijacked" (or changed without your knowledge), your computer is most probably infected with spyware. Even if you do not see the symptoms, your computer may be infected, because more and more spyware is emerging. Spybot-S&D is free, so there is no harm giving it a try to see if something has invaded your computer.
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Full View / NID: 33277 / Submitted by: The Zilla of Zuron
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In celebration of 10 years of Intel® Teach in the US, Intel launched a contest for Inspiring Educators to share their stories of how Intel Teach has impacted their students’ learning, changed their teaching and helped them effectively integrate technology into the curriculum. This week, the 20 most Inspiring Educators were selected to join Intel at its Intel Teach 10 year celebration at the International Society for Technology in Education (ISTE) conference. We’re highlighting these amazing educators' stories on Inspire all this week – come check them out and share your stories too!
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Full View / NID: 33276 / Submitted by: The Zilla of Zuron
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The team that designed the current Intel® Core™ family of processors has been awarded the EETimes ACE award for best design team. First available in November 2008, this industry leading microarchitecture represents a big step forward in faster, multi-core technology that intelligently maximizes performance to match software workloads. Designed to take advantage of advances in 45nm hafnium-based hi-k metal gate transistors, Nehalem-based products unleash energy-efficient parallel processing performance.
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Full View / NID: 33275 / Submitted by: The Zilla of Zuron
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AMD (NYSE: AMD) announced the immediate availability of the AMD Phenom™ II X6 processor and AMD 890FX chipset ushering in a new era of immersive 3D entertainment and visualization. Trailblazing consumers seeking immersive 3D entertainment and high definition multi-monitor display now can affordably upgrade to six-core performance and award-winning ATI Radeon™ HD 5000 series graphics. Today also marks the availability of the flagship AMD Phenom™ II X6 1090T Black Edition processor, AMD’s fastest and most tunable desktop processor ever.
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Full View / NID: 33274 / Submitted by: The Zilla of Zuron
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Use Ad-Aware’s built-in update feature to enable it to recognize the latest spyware. Alternatively, you can manually download the latest definitions and unzip them into the Ad-Aware program folder.
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Full View / NID: 33273 / Submitted by: The Zilla of Zuron
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London, 28 April 2010 - Addressing the urgent need for enterprises to reduce IT costs, but also to increase the efficiency and security of their critical IT infrastructure, the organisers and researchers of the inaugural Desktop Virtualisation Forum (http://www.desktopvirtualisationforum.com) have announced a one-day open event taking place in London 24th May 2010 at the America Square Conference Centre.The forum which offers free registration for attendees is designed to help IT managers in enterprises to reduce...
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Full View / NID: 33272 / Submitted by: The Zilla of Zuron
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New BIG-IP release helps extend enterprise data center architecture to the cloud through holistic ecosystem supporting the dynamic nature of applications and data UNITED KINGDOM, LONDON, APRIL 28, 2010 - F5 Networks, Inc. (NASDAQ: FFIV), the global leader in Application Delivery Networking, today introduced its BIG-IP® Version 10.2 software to help extend enterprise data centre architecture to the cloud, and enable enterprises and service providers to realise the potential of 'On-Demand IT' through a dynamic...
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Full View / NID: 33271 / Submitted by: The Zilla of Zuron
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Partners utilize the Microsoft Dynamic Data Center Toolkit for hosters to deploy cloud and disaster recovery services.
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Full View / NID: 33270 / Submitted by: The Zilla of Zuron
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Mimecast provides uninterrupted email access to BlackBerry smartphones in the event of Exchange, BlackBerry Enterprise Server or Research In Motion Network Operation Centre (NOC) failure28th April, 2010 - London: Mimecast®, a unified email management company offering SaaS-based email security, continuity, policy control and archiving, has today announced the launch of Mimecast Continuity ServicesTM for the BlackBerry® Wireless Solution. The new service is the first to enable enterprise IT managers to provide uninterrupted email access to...
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Full View / NID: 33269 / Submitted by: The Zilla of Zuron
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