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PHILADELPHIA, PA and MOUNTAIN VIEW, CA – January 20, 2010 – Comcast (Nasdaq: CMCSA, CMCSK), one of the nation’s leading providers of entertainment, information and communication products and services, starting today is offering the #1 brand in Internet security, Norton from Symantec, to residential and business high-speed Internet subscribers for no additional cost. Norton Security Suite, powered by Norton 360 technology, includes PC security that protects against viruses, spyware, worms, Trojans, malicious bots, identity theft, as well as a range of customizable parental controls, which help keep children safe online and fosters communication between parents and kids. Comcast subscribers with Macintosh systems will receive Norton Internet Security for Mac. |
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Read More | Posted: January 20, 2010 | By: Wissen Schwamm
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MOUNTAIN VIEW, Calif. – January 20, 2010 – Symantec Corp. (Nasdaq: SYMC) today announced that its industry-leading security products received top reviews from two respected independent testing bodies, AV-Comparatives and AV-Test.org. Symantec was awarded Best Anti-Virus Product of 2009 by AV-Comparatives, an accolade that honors top results across numerous tests in key protection and performance areas of security. Symantec also received a first place award in a new real-world test of Internet security suites by AV-Test.org, which evaluated leading security products in their ability to protect users during common activities such as surfing the Internet and downloading files. These independent reports continue to reinforce Symantec’s leadership position in providing protection against today’s evolving real-world threats. |
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Read More | Posted: January 20, 2010 | By: Wissen Schwamm
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SCOTTS VALLEY, Calif. - January 20, 2010 - Seagate Technology (NASDAQ: STX) today reported financial results for the quarter ended January 1, 2010 of 49.9 million disk drive unit shipments, revenue of $3.03 billion, gross margin of 30.5%, net income of $533 million and diluted earnings per share of $1.03. The financial results for the quarter include $10 million of purchased intangibles amortization expense or approximately $0.02 per diluted share. |
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Read More | Posted: January 20, 2010 | By: Wissen Schwamm
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Santa Clara, California (January 20, 2010) – Roxio°, a division of Sonic Solutions° (NASDAQ: SNIC), today announced it is bringing a new catalog of music for Roxio PhotoShow°, the company's family friendly destination for creating and sharing engaging and highly personalized multimedia slideshows. Available in cooperation with Triple Scoop Music, the rotating library of 500 full-length songs from acclaimed songwriters offers a vast array of styles and is pre-categorized by event type, which makes it easy for users to quickly source the perfect soundtrack to accompany everything from slideshows of weddings to those created to commemorate birthdays. The new catalog of music will be available to premium Roxio PhotoShow subscribers in February |
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Read More | Posted: January 20, 2010 | By: Wissen Schwamm
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Fremont, CA , January 20, 2010 — Lexar Media, a leading global provider of memory products for digital media, is pleased to announce that its Lexar® High-Speed Mobile microSDHC™ card solution has been named a winner in the eighth annual Mobile Star Awards™ program, hosted by mobile technology news portal MobileVillage.com. |
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Read More | Posted: January 20, 2010 | By: Wissen Schwamm
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BitComet is a p2p file-sharing freeware fully compatible with Bittorrent, which is one of the most popular p2p protocol designed for high-speed distribution of 100MB or GB sized files. BitComet is a powerful, clean, fast, and easy-to-use bittorrent client. It supports simultaneous downloads, download queue, selected downloads in torrent package, fast-resume, chatting, disk cache, speed limits, port mapping, proxy, ip-filter, etc. |
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Read More | Posted: January 20, 2010 | By: Wissen Schwamm
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FREMONT, Calif., Jan. 20, 2010 and ROMANEL-SUR-MORGES, Switzerland, Jan. 21, 2010 — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the third quarter of Fiscal Year 2010.
Sales for Q3 were $617 million, a decrease of 2 percent compared to $627 million in the same quarter last year. Excluding the favorable impact of exchange rate changes, sales decreased by 7 percent.
Operating income for Q3 grew by 37 percent, to $58 million, compared to $43 million in the same quarter a year ago. Operating income for Q3 FY 2010 includes the impact of $5.8 million in one-time transaction costs related to the Company’s acquisition of LifeSize Communications in December 2009. Net income for the quarter was $57 million ($0.32 per share) compared to net income of $40 million ($0.22 per share) in Q3 FY 2009. Gross margin for the third quarter was 33.9 percent compared to 29.9 percent in Q3 FY 2009.
Logitech’s retail sales for Q3 were up 3 percent year over year, with sales up by 8 percent in the Americas and 6 percent in EMEA and down 17 percent in Asia. OEM sales were down by 38 percent.
“Q3 marks a turning point in our plan to emerge stronger from the economic downturn,” said Gerald P. Quindlen, Logitech president and chief executive officer. “There were many highlights in the quarter, starting with improved sell-through in all of our retail regions, driven by the success of our new products across multiple categories.
“We are also very pleased with our return to year-over-year profitability growth in Q3, driven by the substantial improvement in gross margin, as well as with our outstanding working capital management, which yielded cash flow from operations of $166 million. For the current quarter, we anticipate accelerating sales momentum, resulting in our return to double-digit sales growth, as well as a substantial improvement in profitability compared to Q4 FY 2009.”
Outlook
For the fourth quarter of FY 2010, Logitech expects sales within the range of $500 million to $515 million, gross margin of approximately 34 percent, and operating income in the range of $15 million to $20 million, which includes the impact of amortization of the intangible assets of LifeSize Communications, which will recur in future periods.
Earnings Teleconference and Webcast
Logitech will hold an earnings teleconference on Thursday, Jan. 21, 2010 at 8:30 a.m. Eastern Standard Time and 14:30 Central European 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).
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This press release contains forward-looking statements, including the statements regarding anticipated sales, operating income and gross margin for Q4 FY 2010, Q3 FY 2010 marking a turning point, and anticipated accelerating sales momentum and a return to double-digit sales growth in Q4 FY 2010. 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; 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 greater resources, 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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Read More | Posted: January 20, 2010 | By: Wissen Schwamm
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Read More | Posted: January 20, 2010 | By: Wissen Schwamm
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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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Read More | Posted: January 20, 2010 | By: Wissen Schwamm
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Thunderbird 3 changes the way you do email with tabbed email, and a new set of search tools helps you find your emails faster.
Thunderbird 3 is the next generation release of the award-winning Thunderbird email client from Mozilla. Mozilla’s Thunderbird 3 email application is more powerful than ever. It’s now even easier to organize, secure and customize your mail. Thunderbird 3 features many new enhancements to help you better manage your unruly inbox, and stay informed. Thunderbird 3 scales to the most sophisticated organizational needs while making it easy to find what you need. Mozilla has bolstered Thunderbird’s acclaimed security and privacy measures to ensure that your communications and identity remain safe. It’s like having your own security guard online. Thunderbird allows you to customize your email to suit your specific needs whether it’s how you search and find messages or listening to music right out of your inbox. |
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Read More | Posted: January 20, 2010 | By: Wissen Schwamm
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Backup4all is an award-winning backup software for Windows. It was designed to protect your valuable data from partial or total loss by automating tasks, password protecting and compressing it to save storage space. The application is feature rich and offers an intuitive interface making all features easily accessible for both beginners and professionals.
Backup4all 4.4.189 was released. What's new/updated: Open backups from specific locations (Local, Network, FTP/SFTP), Backup jobs can now be moved in the backup list(drag-and-drop), Test runs after the merge operation too, Auto-complete path for network locations, User interface translated in Swedish. Read more about it here: http://www.backup4all.com/forum/news-and-anno/backup4all-4-4-189-is-available-t34.html
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Read More | Posted: January 20, 2010 | By: Wissen Schwamm
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Company proposes “The Cloud Computing Advancement Act” to strengthen privacy and security protections, deter cybercrime, enhance transparency, and clarify international rules and regulations. |
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Read More | Posted: January 20, 2010 | By: Wissen Schwamm
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Companies expand cloud opportunity for developers and channel partners. |
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Read More | Posted: January 20, 2010 | By: Wissen Schwamm
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IT departments are realizing the importance of a Service Catalog, but the business still needs to be convincedUnited Kingdom, 20 January, 2010 - Axios Systems, the world's leading provider of IT Service Management (ITSM) solutions, including the assyst software, today reveals the results of a global survey that shows the majority of organizations can now see the importance of a Service Catalog, with 64% implementing or looking to implement one in the next 6 months... |
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Read More | Posted: January 20, 2010 | By: Wissen Schwamm
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Agreement furthers collaboration on new consumer electronics products including LCD TVs. |
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Read More | Posted: January 20, 2010 | By: Wissen Schwamm
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