Atmel to Present at Investor Conferences

Published February 23rd, 2010

Atmel(R) Corporation a leader in microcontroller and touch solutions, announced the company will be presenting at the following investor conferences:

Feb. 24 – Mr. Steven Laub, president and chief executive officer, and Mr. Stephen Cumming, vice president of finance and chief financial officer, will present at the Goldman Sachs Technology and Internet Conference 2010 at the Westin St. Francis in San Francisco.

March 1-2 – Mr. Steven Laub and Mr. Stephen Cumming will present at the Morgan Stanley Technology, Media & Telecom Conference at the Palace Hotel in San Francisco.
March 9 – Mr. Stephen Cumming will present at the Jefferies 4th Annual Global Technology Conference at the Mandarin Oriental Hotel in New York.

These presentations will be webcast live and archived on the Atmel investor relations website at http://www.atmel.com/ir.

About Atmel

Atmel is a worldwide leader in the design and manufacture of capacitive touch solutions, microcontrollers, advanced logic, mixed-signal, nonvolatile memory and radio frequency (RF) components. Leveraging one of the industry’s broadest intellectual property (IP) technology portfolios, Atmel is able to provide the electronics industry with complete system solutions focused on consumer, industrial, security, communications, computing and automotive markets.

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deVere Group Announces New Strategic Distribution Alliance with The Royal Bank of Scotland

Published February 23rd, 2010

The deVere Group, the world’s largest financial consultancy group is pleased to announce the establishment of a new alliance in connection with the distribution of structured products with The Royal Bank of Scotland plc. This relationship sees the launch of a new range of products for deVere clients which will roll out over the course of the coming months.

The first product to be available in connection with this alliance is the RBS Dynamic Asset Allocator Note. “We are very pleased with this new agreement that gives us access to one of the world’s leading investment banking teams and will support the introduction of a new range of investment products,” said Nigel Green, deVere Group Chief Executive Officer. “The Dynamic Asset Allocator Note utilises a dynamic asset allocation strategy specifically developed to take advantage of long established trends in financial markets.”

About the deVere Group
The deVere Group is the world’s largest independent international financial consultancy group. International investors and expatriates employ us to find financial services products that suit their medium to long term requirements for investments, savings and pensions. With in excess of US$7 billion of funds under administration and management, deVere has more than fifty thousand clients in over a hundred countries. Our independence and ability to offer financial products that are tailor-made to fit an individual’s needs are behind our success. As a result we now have offices in over forty countries. You can find us in Abu Dhabi, Brussels, Dubai, Geneva, Hong Kong, Johannesburg, London, Mexico, Moscow, Shanghai, Tokyo and Zurich, amongst others. Please visit http://www.devere-group.com for more information about the deVere Group.

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Andrew Browne appointed Chief Financial Officer of SES

Published February 22nd, 2010

Global satellite operator SES S.A. announced the appointment of Andrew Browne as Chief Financial Officer and member of its Executive Committee, replacing current CFO Mark Rigolle who is taking up the position of Chief Executive Officer of satellite infrastructure start-up O3b Networks.

Browne, a well-known satellite industry veteran, was CFO of Intelsat from 1995 to 1998, where he was instrumental in building up the foundation for a new company which later became New Skies Satellites. He then served as CFO of that company from 1998 to 2008, including during the incorporation into the SES group when it was purchased in 2006 from private equity owners. Since then, Browne has served in advisory as well as non-executive directorship roles in a variety of companies. He will take up his position at SES at the beginning of April.

“As Mark Rigolle moves on to his next career challenge, we are fortunate to be welcoming Andrew Browne back to SES as our group CFO” said Romain Bausch, President and CEO of SES. “Andrew’s extensive industry experience, and existing knowledge of our company, makes him a valuable addition to SES’ leadership team. I look forward to working with him and with our entire finance team to further grow our business”

“I am delighted to be returning to the SES group as CFO, and am very much looking forward to contributing to the ongoing success and further development of SES” said Browne.

“Mark Rigolle has played an important role in SES’ development over the last five years” added Bausch. “Although we are sorry he is leaving us, we are delighted that he has chosen to continue his career development at O3b, a company in which SES holds a strategic interest. This move underscores the importance SES attaches to the success of O3b, and Mark will undoubtedly create shareholder value there as he has done at SES. We wish him well”

About SES

SES (Euronext Paris and Luxembourg Stock Exchange: SESG) wholly owns the market-leading satellite operators SES ASTRA and SES WORLD SKIES, 90% of SES SIRIUS in Europe, and participations in Ciel in Canada, QuetzSat in Mexico as well as a strategic participation in satellite infrastructure start-up O3b Networks. SES provides outstanding satellite communications solutions via a global fleet of 41 satellites in 26 orbital locations. For further information: www.ses.com

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General Bandwidth Raises $18 Million in New Funding Round

Published February 22nd, 2010

General Bandwidth, a leading Voice over IP (VoIP) equipment manufacturer enabling rapid deployment and new service revenue generation over broadband networks, announces that it has raised $18 million in new financing. This new round is indicative of the excitement and potential for growth in Voice over IP solutions and reflects the strategic role that highly interoperable media gateways are playing in bridging legacy circuit-switched networks to packet-based next generation networks. In addition, the company appoints Michael T. Flynn to its Board of Directors and announces a new Technical Advisory Board comprised of industry dignitaries.

The $18 million in funding will further establish General Bandwidth’s position as a market leader of next generation media gateway solutions, accelerate research and development, and broaden the company’s coverage in both domestic and international markets. Oak Investment Partners led the new round with participation from Sevin Rosen, Venrock Associates, Invesco, Thomas Weisel Capital Partners, Trellis Partners, Star Ventures, Wheatley Partners, HLM, Protostar, Granite Global, Siemens Venture Capital and Texas Instruments.

“Participation from our existing investors in an oversubscribed round of funding validates investor confidence relative to the progress General Bandwidth is making in the VoIP marketplace,” said Charles Vogt, the company’s president and chief executive officer. “Industry consensus is that the VoIP equipment market will surpass $9 billion by 2009. With over 150 media gateway switches deployed spanning 40 diverse service providers, we are well positioned to be amongst the industry leaders in the VoIP market.”

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WorldVest to Launch Hurricane Global Resource

Published February 19th, 2010

WorldVest, Inc., a global merchant bank (“WorldVest”), announced today the launch of Hurricane Global Resource Corporation (“Hurricane”) as a platform development subsidiary. Hurricane will engage in global trading of in-demand resources between high growth markets such as Latin America and Asia and will seek to secure continuous long-term supply through strategic acquisitions in a diversified slate of natural resource projects.
WorldVest will independently manage all Hurricane operations through a dedicated team of professionals experienced in acquisition, development and management of global resource properties. With an extensive worldwide network of resources, WorldVest is confident in its ability to transform its current slate of resource M&A targets into long-term global supplies and strong revenue growth.

Hurricane’s launch coincides with the signing of a Letter of Intent with a large Chinese steel manufacturer with a government approved import license seeking a long term iron ore supply with an initial monthly requirement of up to 1.2 million metric tons. In order to fulfill this long-term demand, Hurricane has entered into negotiations for the acquisition of two properties, each estimated to contain significantly more than 500 million tons of iron ore reserves. In the near term, Hurricane’s objective is to finalize a long-term purchase contract based on terms of LOI and to secure internal supply through the completion of at least one of its two acquisition targets. In the near term, Hurricane anticipates securing multiple short-term Brazilian iron ore supplies and brokering initial shipments to China immediately creating positive cash flow.

In addition to these initial two iron ore investment targets, Hurricane has identified a Brazilian sustainable forestry management project and a significant U.S. based potash reserve each representing unique and attractive growth opportunities. Collectively, management believes that Hurricane can consolidate these and other future resource opportunities creating a diversified and lucrative asset portfolio, ultimately positioning Hurricane for an independent public listing of its common shares on a major exchange.

WorldVest CEO, Garrett K. Krause, acknowledged the magnitude of the opportunity by commenting, “Recently, overall demand for minerals and metals has risen due to the China’s economic resilience and slow recoveries in the U.S. and Europe. By every account, global demand for iron ore has and will continue to outpace supply for years to come. With initial buyer commitments in place, the opportunity for WorldVest to enter the global iron ore market through Hurricane could not be more attractive. These initial iron ore transactions are the beginning of a far reaching and global commodities platform development company under WorldVest.” Krause further commented, “For the first time in more than 80 years, the United States is no longer the number one trading partner to Brazil, having been recently surpassed by China. This being the case, the timing could not be better to launch Hurricane, as our infrastructure in Brazil and China uniquely positions us to facilitate the development and trade of commodities and natural resources between these strategic markets.”

About WorldVest, Inc.

WorldVest is a global merchant bank that offers not only traditional investment banking, asset management and advisory services, but also makes direct investments as a principal in select high-growth transactions on a global basis. Recognizing the disconnect that exists between the needs of companies and the limitations of traditional investment banking, private equity, and venture capital institutions, WorldVest seeks to set a new standard, emerging as a partner and solution provider where one did not previously exist.

For more information about WorldVest, Inc. please refer to the company’s website at www.WorldVestGroup.com

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Vook Announces $2.5 Million in Seed Finance

Published February 19th, 2010

Vook today announced it has secured $2.5 million in seed funding from an impressive syndicate of Silicon Valley technology and New York media investors, including Ron Conway, Kenneth Lerer, chairman of the Huffington Post, Maples Investments, Baseline Ventures and Founder Collective. The company plans to use the funding to accelerate growth in all areas of its business and to support its plans for massive scale in 2010.
Vook is pioneering a new form of media and reinventing traditional book publishing. A vook is a mixed-media form that blends video, text, images and social streams into a single, integrated experience. Since its formal launch in the fall of 2009, Vook has experienced impressive momentum, forming strategic publishing relationships with Simon & Schuster, HarperStudio and Hachette Filipacchi Media U.S. and announcing vook titles with bestselling writers, including Seth Godin and Anne Rice. The company recently announced an exclusive partnership with online video experts TurnHere while also announcing its MotherVook digital publishing tool, which will ultimately allow Vook to publish hundreds of titles each week.

“Vook has an opportunity to become synonymous with a new form of media, which is something that doesn’t happen very often,” said Ron Conway, independent angel investor and advisor to the company. “Brad knows how to turn a big vision into a great business and it’s clear with Vook that he has an opportunity to shake things up in the world of publishing.”

“Three trends are driving our business,” said Brad Inman, founder and CEO of Vook. “First, traditional book publishing is going through a radical transformation just as music, film and print news have in recent years. Second, consumers are engaging with media in all sorts of new ways. And third, new devices such as smart phones and tablets are creating a huge surge in creativity and possibilities for mixed media brought together in a single form to tell a story, entertain or show us how to do something. We believe we are bringing Vook to market at the exact right time to help transform an industry, drive creativity and create a whole new media experience for consumers.”

About Vook

Vook is a digital publisher that mixes media including text, video, pictures, social media and links to create new experiences of the books and authors that readers love. Vook’s publishing tool, MotherVook, provides publishers with the ability to quickly and cost-effectively produce high quality mixed media e-book titles. Vooks are streamed to the browser-based Vook Reader and are also available on-the-go as a unique mobile application. Vook is based in Alameda, CA with offices in New York. For more information about vooks, visit www.vook.com

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Elmira Savings Bank Declares Dividend

Published February 18th, 2010

The Board of Directors of the Elmira Savings Bank, FSB (Nasdaq: ESBK) has declared a $0.20 per share cash dividend on their common shares outstanding. The cash dividend will be paid on March 26, 2010 to shareholders of record March 5, 2010. The Bank also declared a dividend on their preferred shares outstanding.

Elmira Savings Bank, FSB with $489.2 million in total assets, is insured by the Federal Deposit Insurance Corporation (FDIC) and is a federally chartered Bank with five offices in Chemung County, NY; three offices and a loan center in Tompkins County, NY; one office in Steuben County, NY; and one office in Cayuga County, NY.

Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve the risks and uncertainties, including the timely availability and acceptance of Bank products, the impact of competitive products and pricing, the management of growth, and other risks detailed from time to time in the Bank’s publicly available regulatory reports.

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Wolters Kluwer Creates New Business Unit

Published February 17th, 2010

Wolters Kluwer, through its Financial & Compliance Services division, today announced the creation of a new business unit, ARC Logics, to help organizations across multiple industries address increasingly complex audit, risk and compliance challenges.
ARC Logics brings together Wolters Kluwer’s market-leading audit, risk and compliance brands and offers a broad suite of software and services that enable organizations to rapidly address evolving risk issues. These brands include:

CCH TeamMate, which provides an integrated, paperless system for improving every aspect of the audit process, including risk assessment, scheduling, planning, execution, review, report generation, trend analysis, committee reporting and storage;
Sword, which enables organizations to measure, monitor and manage compliance and risk across their business; and
Axentis, which helps organizations in highly regulated industries minimize exposure to compliance and risk, and to optimize business performance.
ARC Logics’ suite-based approach combines the advantages of solution-specific software platforms and enterprise integration. ARC Logics can help specific departments within an organization, including legal, compliance, risk, finance and audit areas, meet their unique needs with a suite offering while concurrently building a holistic, enterprise-wide program. This enables organizations to quickly fulfill their immediate objectives in a targeted and cost-effective manner, while building for the future on a common platform.

As a Wolters Kluwer business, ARC Logics also leverages deep, global domain expertise and proprietary content from the organization to help customers across multiple industries understand, manage and control risk.

ARC Logics has more than 1,800 customers and 350,000 users in over 100 countries. The company’s customers span all industries, including: life sciences, healthcare, financial services, insurance, manufacturing, energy and government.

Ian Rhind, president of ARC Logics, will lead this new unit. Rhind previously served as president and chief executive officer of CCH Canadian, a Wolters Kluwer business.

“More stringent scrutiny and demand for transparency by regulatory agencies, increased globalization and a greater dependence on outsourcing, all underscore the need for organizations to take a more unified, efficient approach to enterprise risk management,” said Brian Longe, CEO of Wolters Kluwer Financial & Compliance Services. “ARC Logics automates and integrates what has traditionally been a siloed, labor-intensive set of manual processes, and that is imperative to managing risk across an organization.”

“Companies are seeking to streamline management processes, reduce technology ownership costs, and engage with a smaller number of vendors—while at the same time sharpening their ability to cope with challenges such as stricter regulatory scrutiny and increasingly volatile market conditions,” said Rhind. “By selecting and integrating the compliance and risk management tools they need from the ARC Logics suite, even the largest, most diverse organizations can synchronize their audit, risk and compliance efforts across all processes, operating units and geographies.”

About ARC Logics

ARC Logics, a Wolters Kluwer business, is a provider of proven audit, risk and compliance software solutions, information and services that enable organizations to rapidly address evolving audit, risk and compliance issues. ARC Logics’ suite-based approach combines both solution-specific and enterprise integration to help legal, compliance, enterprise risk, operational risk, finance and audit departments within an organization meet their unique risk management needs, while building a holistic, enterprise wide program. The organization’s prominent brands include: CCH TeamMate, Sword and Axentis. Please visit our Web site for more information.

About Wolters Kluwer Financial & Compliance Services

Wolters Kluwer Financial & Compliance Services is a division of Wolters Kluwer, a leading global information services and publishing company with annual revenues of (2008) €3.4 billion ($4.9 billion) and approximately 20,000 employees worldwide. The Financial & Compliance Services division consists of businesses that help organizations across a broad range of industries manage risk and ensure compliance.

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EA to Present at the Goldman Sachs Technology and Internet Conference

Published February 17th, 2010

Electronic Arts Inc. (NASDAQ:ERTS) today announced that Eric Brown, Chief Financial Officer, will present at the Goldman Sachs Technology and Internet Conference on Tuesday, February 23, 2010 in San Francisco, CA. During the course of this event, Electronic Arts may disclose material developments affecting its business and/or financial performance. Listeners may access the presentation via a live audio webcast.

Tuesday, February 23, 2010
Presentation at 10:20 AM PST / 1:20 PM EST (Duration: 35 minutes)

http://investor.ea.com

Please note the presentation time is subject to change. Please contact the financial institution hosting the conference for additional details. An audio webcast archive of the event will be available for one year following the live event at http://investor.ea.com.

About Electronic Arts

Electronic Arts Inc. (EA), headquartered in Redwood City, California, is a leading global interactive entertainment software company. Founded in 1982, the Company develops, publishes, and distributes interactive software worldwide for video game systems, personal computers, wireless devices and the Internet. Electronic Arts markets its products under four brand names: EA SPORTSTM, EATM, EA MobileTM and POGOTM. In fiscal 2009, EA posted GAAP net revenue of $4.2 billion and had 31 titles that sold more than one million copies. EA’s homepage and online game site is www.ea.com. More information about EA’s products and full text of press releases can be found on the Internet at http://info.ea.com

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Banker’s Academy Launches Anti Money Laundering Training

Published February 17th, 2010

Edcomm Banker’s Academy has recently launched its Focus on Anti Money Laundering (AML) for South Africa training program for individuals looking to begin or advance their career in the financial services industry. The same great program that has already been used by thousands of South African bankers, Focus on AML for South Africa gives individuals the knowledge, skills and certification they need to prevent, detect and report money laundering in the country.

As with the global financial community, money laundering continues to be a problem in South Africa. South Africa has made great advancements in its Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) policies. By learning about this policy and others affecting South Africa’s financial industry, individuals can learn how to protect themselves, their financial institution, their customers and their country, as well as the global financial community.
Focus on AML for South Africa, from Edcomm Banker’s Academy, is a computer-based, online bank training program that teaches individuals the knowledge and skills they need to help prevent and detect money laundering in South Africa. Delivered in an easy-to-use, self-paced format, the program teaches individuals everything they need to know about AML laws in South Africa and the relevant AML policies and procedures. Focus on AML for South Africa is continuously updated with any new or changing laws to ensure that individuals receive the most up-to-date training.
For more information about The Edcomm Group Banker’s Academy’s training programs for individuals, log onto www.jobtraining.bankersacademy.com or call +1.212.631.9400.

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