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Verizon is close to taking the lid off a four-year, $1B extension of its NFL rights. The deal, which will allow Verizon to stream every NFL regular-season and playoff game to mobile phones, should forever obliterate the distinction between sponsor and media-rights deals. Its previous deal gave Verizon subscribers access to live games schedules from ESPN, NBC and NFL Network. But this new deal adds in the CBS and Fox Sunday afternoon schedules plus the playoffs. It comes just two weeks after the league signed a five-year, $400M deal with Microsoft. Pointedly, the massive Verizon deal does not include the rights to stream NFL games to tablets – only “mobile phones,” which is certain to lead to fights over what is considered a phone. The league likely will have to resolve the difference between dedicated tablets, like iPads, and hybrid devices, like Samsung’s popular G... (more)

VASCO Reports Results for First Quarter 2009

Revenue for the first quarter 2009 was $23.2 million, a decrease of 20% compared to the first quarter 2008; Operating income for the first quarter 2009 was $4.7 million, a decrease of 19% compared to the first quarter 2008. Financial results for the period ended March 31, 2009 to be discussed on conference call today at 10:00 a.m. E.D.T. OAKBROOK TERRACE, Ill. and ZURICH, April 23 /PRNewswire-FirstCall/ -- VASCO Data Security International, Inc. (Nasdaq: VDSI) (www.vasco.com), today reported financial results for the first quarter ended March 31, 2009. Revenue for the first quarter of 2009 decreased 20% to $23.2 million from $28.9 million in 2008. Net income for the first quarter of 2009 was $3.5 million, or $0.09 per fully diluted share, a decrease of $1.4 million, or 29%, from $4.9 million, or $0.13 per fully diluted share, for the first quarter of 2008. Finan... (more)

Albemarle Reports First Quarter 2009 Results

BATON ROUGE, La., April 27 /PRNewswire-FirstCall/ -- First quarter highlights: Quarterly net sales of $486.6 million resulting in earnings of $25.4 million, or 28 cents per share. Cash and cash equivalents of $184 million at quarter-end. No significant debt maturities until 2013. Solid progress achieved on cost reduction initiatives. Additional efforts underway to prepare for a prolonged recession. First Quarter Ended March 31, In thousands of dollars, except per share amounts 2009 2008 Net Sales $486,591 $668,177 Operating Profit $28,927 $83,814 Net Income attributable to Albemarle Corporation $25,399 $63,261 Diluted earnings per share $0.28 $0.67 Special item per share $- $(0.02) Diluted earnings per share excluding special item $0.28 $0.70 Albemarle Corporation (NYSE: ALB) reported first quarter 2009 earnings of $25.4 million, or 28 cents per share, com... (more)

INSIDE Contactless Executives to Speak at CTST 2009

Demonstrating its broad knowledge of the contactless payments market, INSIDE Contactless, a leading provider of advanced, open-standard contactless chip technologies, today outlined its participation in the upcoming CTST Americas 2009 Conference & Exhibition taking place May 4-7, in New Orleans, Louisiana. Executives from INSIDE Contactless are participating in a number of workshops, roundtables and conference tracks focusing on payments and applications, identity and security and other topics of interest to the payments industry. “This year’s CTST gathering will be quite exciting because it coincides with the dawn of ‘Contactless 2.0,’ the next stage of contactless payment development, which will result in much greater market penetration as secure, integrated contactless readers become ubiquitous and add much greater value,” said Charles Walton, executive vice pre... (more)

Lantronix, Inc. to Report Fiscal Third Quarter 2009 Financial Results on May 13, 2009

IRVINE, CA -- (Marketwire) -- 05/04/09 -- Lantronix, Inc. (NASDAQ: LTRX), a leading provider of secure, remote device networking and data center management technologies, will report financial results for the third fiscal quarter, ended March 31, 2009, after the market close on Wednesday, May 13, 2009. Following the press release, management will conduct a conference call with simultaneous audio webcast at 5:00 p.m. EDT. President and Chief Executive Officer Jerry Chase and Chief Financial Officer Reagan Sakai will discuss the third fiscal quarter's results and answer questions. Interested parties may participate in the live conference call by dialing 866-804-6920 (international dial-in 857-350-1666) and entering passcode 6036-4119, prior to the initiation of the call. The live webcast of the conference call may be accessed by visiting: About Us > Investor Relations >... (more)

Net 1 UEPS Technologies, Inc. Announces 2009 Third Quarter Results

JOHANNESBURG, May 7 /PRNewswire-FirstCall/ -- Net 1 UEPS Technologies, Inc. ("Net1" or the "Company") (Nasdaq: UEPS; JSE: NT1) today announced results for the three and nine months ended March 31, 2009. Revenue and net income for the quarter under US generally accepted accounting principles ("GAAP") were $55.9 million and $14.4 million, respectively, a decline of 11% and 47%, respectively, from the three months ended March 31, 2008. On a constant currency basis, revenue increased by ZAR 89.2 million, or 19%, from 2008 and fundamental net income increased by ZAR 16.1 million, or 9%. The following factors significantly affected the comparability of our 2009 third quarter results to last year: Reporting currency fluctuations: the South African rand ("ZAR"), the Company's functional currency, depreciated 34% against the US dollar ("USD"), its reporting currency, based ... (more)

LG Electronics Introduces First-Ever THX Display Certified LED LCD HDTV

ENGLEWOOD CLIFFS, N.J., July 22 /PRNewswire/ -- Redefining the LED LCD HDTV landscape, the newest HDTVs from LG Electronics are the first LCDs to receive THX Display Certification in the U.S. market. LG's new LH90 series, available now through national retailers such as Best Buy and other leading electronics dealers, offer consumers advanced picture quality, smart energy savings and stylish design. "Creating a new era in LCD technology the THX-Certified LH90 blends style, sophistication and visual performance, sending a clear message to consumers about LG's commitment to picture quality and innovation," said Peter Reiner, senior vice president, marketing and strategy, LG Electronics USA, Inc. "LG's advanced LED Backlight technology precisely controls the brightness of specific areas of the screen, providing crisper, clearer pictures while using less energy than... (more)

Teradyne Reports Second Quarter 2009 Results

Teradyne, Inc. (NYSE: TER) reported revenue of $170 million for the second quarter of 2009. Semiconductor Test revenue totaled $103 million and Systems Test Group revenue totaled $67 million, which included initial Hard Disk Drive test system revenues. On a non-GAAP basis, Teradyne’s net loss in the second quarter was $35.6 million, or $0.21 per diluted share, which excluded restructuring charges, acquired intangible asset amortization and special items. The GAAP net loss for the second quarter was $66.8 million, or $0.39 per diluted share. The second quarter revenue of $170 million was $40 million above the high end of guidance while the non-GAAP net loss per share of $0.21 was slightly better than the guidance of $0.26 to $0.23. The higher revenue did not result in a smaller net loss per share due to the previously disclosed zero gross margin on the initial Hard ... (more)

TSMC Adds High-K Metal Gate Low Power Process to 28nm Road Map

HSINCHU, Taiwan, R.O.C., August 24 /PRNewswire/ -- Taiwan Semiconductor Manufacturing Company, Ltd. (TWSE: 2330, NYSE: TSM) today announced that it is adding a low power process to its 28nm high-k metal gate (HKMG) road map. The new process is expected to enter risk production in the third quarter of 2010. TSMC's 28nm development and ramp has remained on schedule since the company announced the technology in September 2008. The new process' risk production follows the HKMG high performance (HP) process by one quarter and the low power (LP) silicon oxynitride (SiON) process by two quarters. Risk production for the 28nm low power (LP) SiON process is scheduled for the end of first quarter of 2010, while risk production for the 28nm HP process is expected at the end of second quarter, 2010. The 28nm HPL (low power with HKMG) process is a derivative of TSMC's high per... (more)

Methode Power Solutions Group Introduces PowerBudTM Power Connector with Lower Insertion Force, Lower Contact Resistance and Longer Cycle Life Than Conventional High Current Connectors

Methode Power Solutions Group announces an innovative new class of patent pending power connectors named “PowerBud”TM that successfully overcomes key limitations of conventional power connectors. The PowerBud technology lowers both contact resistance and contact normal force without increasing connector size, a feat that counters conventional wisdom. The resulting connectors exhibit lower insertion force, lower temperature rise, lower power loss and higher cycle life than conventional high current connectors. The PowerBud connector is initially available in a single-contact form called the EBC (Embedded PowerBud Connector), with knurled outer side walls allowing direct press-fit insertion into busbars, printed circuit boards and FusionLugsTM. Installation or press-in is accomplished using any flat surface and does not require any special tooling. The current rating i... (more)

2K Play’s The Misadventures of P.B. Winterbottom Set to Steam-Up Windows PC Screens April 20, 2010

2K Play announced today that the critically acclaimed The Misadventures of P.B. Winterbottom will be available April 20, 2010 on Windows PC through Steam (http://store.steampowered.com/). Set in a world made famous by keystone cops, theater organs and pie-in-the-face slapstick, the inventive game has been heralded as a “big contender for DLC game of the year” by 1UP.com, who gave the game a perfect 100/100 score. The Misadventures of P.B. Winterbottom presents the comical escapades of the portly pie thief P.B. Winterbottom on his mad-capped pursuit of scrumptious brain-teasing pies that wreak frontal lobe havoc from the puzzle-filled euphoria of time manipulation and self-replication. Created by The Odd Gentlemen, The Misadventures of P.B. Winterbottom was originally released for Xbox LIVE® Arcade for the Xbox 360® video game and entertainment system from Microsoft... (more)