Represents More Than 60 Percent of Month’s Malware Activity
MALAYSIA, 6 October 2008 – Fortinet - the pioneer and leading provider of unified threat management (UTM) solutions - today announced the top 10 most reported high-risk threats for September 2008. For the second consecutive month, rogue security applications have dominated cyberspace – this time with a vengeance – making up 61.5 percent of total activity for September. Most notable is a six-day period between September 9 and 15, when W32/Inject.GZW!tr.bdr – the most prolific variant of the rogue security Trojans – launched an all-out campaign with volumes not before observed by Fortinet researchers. Only the Storm botnet attacks in January/February 2007 came even close to the volume generated by W32/Inject.GZW!tr.bdr this past month.
Not surprisingly, with rogue security malware claiming the top four positions in this month’s Top 10 list, it also propelled the RogueSecurity family into the No. 1 position among malware family activities for the entire month. As they were in last month’s report, AntiVirus XP 2008 (55.5%) and XP Security Center (6%) were the two main applications that fronted the security scams in September.
“When we see unprecedented volume, as in the case of these rogue security applications, it usually indicates that the attacks are working and cybercriminals are trying to act fast to take full advantage of the situation. It also shows the depth of resources available to this criminal organization,” said Derek Manky, security researcher for Fortinet. “In order to not fall into these traps, consumers should ensure that the source of their security application purchases are legitimate. Consumers should look out for unsolicited system messages which typically claim to find hundreds of infections, followed by purchase requests to cleanse.”
Fortinet’s FortiGuard Global Security Research Team compiled this report based on intelligence gathered from FortiGate multi-threat security systems in production worldwide. Customers who use Fortinet’s FortiGuard Subscription Services are already protected against the threats outlined in this report.
Other malware trends observed during this period include the following:
Virut.A, a virus that infects executable files, remains strong, coming in seventh spot and bumped out of the top five for the fist time in seven months;
Goldun.AXT, a new Trojan keylogger, generated heavy volume to claim the sixth position;
Crypt.MV, part of the Pushdo family, clinches the final tenth spot.
Following are the Top Ten individual threats and Top Five threat families in September. Top 100 shifts indicate positional changes compared to August’s Top 100 ranking, with “new” representing the malware’s debut in the Top 100.
To read the full September report, please visit: http://www.fortiguardcenter.com/reports/roundup_sep_2008.html. For ongoing threat research, bookmark the FortiGuard Center (http://www.fortiguardcenter.com/) or add it to your RSS feed by going to http://www.fortinet.com/FortiGuardCenter/rss/index.html. To learn more about FortiGuard Subscription Services, visit http://www.fortinet.com/products/fortiguard.html.
SCCyberworld
Tuesday, October 7, 2008
Rogue Security Apps Strike Again on Fortinet’s Most-Reported Threats for September 2008
SEAGATE® 500GB NOTEBOOK HARD DRIVES POWER NEW ACER NOTEBOOK COMPUTERS WITH WORLD’S HIGHEST CAPACITY AND SPEED
KUALA LUMPUR, — October 6, 2008 — Seagate (NASDAQ:STX) today announced that Acer, one of the world’s largest providers of notebook computers, is offering new mobile computers using Seagate Momentus® 5400.6 hard drives – a 500GB 2.5-inch HDD with the fastest data transfer rates in its class, designed to meet explosive worldwide demand for high capacity home and business notebook computers.
Seagate Momentus 5400.6 500GB hard drives deliver the perfect combination of capacity, speed and durability to support rich digital gaming and other intensive multimedia applications that are the hallmark of the Acer Aspire consumer notebook PCs, and the blazing on-the-road performance and shock tolerance of the Acer TravelMate professional notebooks. Momentus 5400.6 drives combine an areal density of 394 Gbytes per square inch – the highest ever for a notebook hard drive – with a data transfer rate of 87 Megabytes/second, the fastest available for a 5400-rpm notebook drive.
“Acer mobile PC customers want notebooks that deliver state-of-the-art capabilities to meet their needs for capacity, performance and durability,” said Campbell Kan, vice president of the Mobile Computing Business Unit at Acer. “Seagate’s new 500GB Momentus hard drive enables Acer to deliver the richest multimedia experience and on-the-go robustness available for notebook computers.”
“We are pleased that Acer is delivering cutting-edge mobile computers with 500GB notebook hard drives from Seagate, with more personal computer makers to follow,” said Teh Ban Seng, Vice President and Managing Director, Seagate Asia Pacific. “Seagate continues to advance hard drive capacity, speed and durability, and our latest 500GB 2.5-inch drives and 1.5 Terabyte 3.5-inch drives provide the highest capacities on the planet to meet the growing need to create, store, share and protect digital content.
Momentus 5400.6 HDD, Seagate’s newest 2.5-inch 5400-rpm drive, delivers the best combination of capacity, mobility and durability for mainstream notebook computers, external storage solutions and industrial applications requiring a small form factor. The drive, the fourth generation of Seagate’s notebook family to use capacity-boosting Perpendicular Magnetic Recording technology, combines a powerful Serial ATA 3GB/second interface and capacities of 500GB, 320GB, 250GB, 160GB and 120GB with 8MB of cache.
To help protect data, the hard drive is built tough to withstand up to 1,000 Gs of non-operating shock and 350 Gs of operating shock, making it ideal for systems that are subject to rough handling or high levels of vibration. For extra durability in mobile environments, Momentus 5400.6 hard drive are offered with G-Force Protection™, a free-fall sensor technology that helps prevent drive damage and data loss upon impact if a notebook PC is dropped. The sensor works by detecting any changes in acceleration equal to the force of gravity, then parking the head off the disc to prevent contact with the platter in a free fall of as little as 8 inches. Moreover, the drive is thrifty on power consumption, allowing mobile notebook users to work longer between battery charges, and virtually inaudible thanks to Seagate’s innovative SoftSonic™ fluid-dynamic bearing motors.
Customers Show Strong Confidence in TippingPoint IPS Solutions
Infonetics study examines buyer experience and real-world deployments of network-based intrusion prevention system market leaders
MALAYSIA – 6 October 2008 – A new study conducted by communications market research firm Infonetics Research and commissioned by intrusion prevention systems (IPS) vendor TippingPoint examines buyer experience with IPS solutions in real world deployments. Investigating how customers purchase, deploy and use solutions from Cisco, IBM-ISS, McAfee, Sourcefire and TippingPoint, the study found that many “IPS” products from key vendors are either not being used in line or have a limited number of filters set to “block” malicious traffic.
Nearly 170 customers – all using and directly managing IPS products – were anonymously surveyed via phone and responded to a variety of questions concerning in-band blocking, filter effectiveness and ease of use. “This survey shows great variability among IPS vendors with regard to IPS security performance and ease of manageability,” according to Jeff Wilson, principal network security analyst at Infonetics Research. “Customers showed strong confidence in TippingPoint’s ability to deliver in-band solutions and block attacks. TippingPoint also led the pack when customers were asked about IPS configuration experience and plans for new purchases.”
Report highlights include:
· Respondents had more than 90 percent of their TippingPoint IPS devices deployed in-band; significantly higher than the other IPS vendors covered in the report. The top reasons stated for not deploying competing vendors’ solutions in-band are reliability, performance and false positive issues.
· Over 70 percent of TippingPoint’s customer-activated filters are set to block traffic, which is higher than all other vendors covered in the report.
· The average number of attacks blocked per month for customers protected by TippingPoint IPS’s was in excess of 235,000 – more than double the number of the next nearest competitor.
· Other questions asked respondents to rate their IPS vendors on ease of use, including IPS turn-up time and ease of filter configuration. According to Wilson, “This area is among the most significant findings in the study, because many IPS deployments get completely hung up at the initial configuration stage, or misconfigured devices fail to block attacks.”
o TippingPoint scored highest overall, with more than 75 percent of customers installing its IPS in under two hours
o In terms of configuring IPS filters, two-thirds of TippingPoint customers responded that the initial set-up required a “light effort.” All other vendors surveyed had less than 25 percent of respondents saying the same.
“With hackers so focused on exploiting applications to steal credit card numbers, intellectual property, and other assets with instant resell value, customers must deploy IPS’s not only at the perimeter but also the data center, the DMZ, and major network segment points,” said Sugiarto Koh, Regional Sales Director for TippingPoint ASEAN. “To do that, IPS’s must meet stringent uptime, performance, coverage, accuracy and ease of management demands.”
“This survey shows that TippingPoint’s customers unequivocally trust the TippingPoint IPS solution to sit in-band in the network with a large number of filters enabled to automatically block attacks without negatively affecting network performance,” Koh added. “Customers are using our platform to prevent intrusions, not merely to sit out-of-band and generate security alerts after the fact.”
To receive an upcoming white paper, register at www.tippingpoint.com/ips_survey.
Digi Enables the Development of a Wider Variety of Networked Devices with Microsoft(R) .NET Micro Framework
Powerful Combination of ConnectCore(TM) 9P 9215 with Microsoft .NET Micro Framework Ideal for Developing Small, Network-Connected Devices
MINNETONKA, Minn., Oct. 6-- Digi International (Nasdaq: DGII) today introduced Microsoft .NET Micro Framework v2.5 support for the ConnectCore 9P 9215, a versatile ARM9-based Ethernet networking core module. The .NET Micro Framework extends the reach of Microsoft's embedded solutions to integrated device platforms with smaller memory footprints. The ConnectCore 9P 9215 features a rich set of interfaces expanding the .NET Micro Framework's capabilities into new applications such as networked sensor monitoring, data acquisition and machine control.
"Digi was our first partner to offer Ethernet networking for the .NET Micro Framework," said Colin Miller, Product Unit Manager, Microsoft. "The .NET Micro Framework is an innovative platform for resource-constrained devices that brings the reliable and productive Visual Studio environment to the world of embedded development. The platform enables faster development of embedded systems that are smart, securely connected and easier to manage -- a great partnership with Digi's ConnectCore 9P 9215."
"The range of interfaces on the ConnectCore 9P 9215 allows almost any type of sensor or peripheral to be connected and controlled in the .NET Micro Framework," said Larry Kraft, senior vice president of global sales and marketing, Digi International. "This makes it ideal for a wide variety of .NET Micro Framework-based applications within vertical markets including, industrial automation, building automation, retail and healthcare. Our collaboration with Microsoft has been strong, and we look forward to working closely with Microsoft on more products in the future."
The ConnectCore 9P 9215 is a highly integrated and compact ARM(R) core module that features more interfaces than any other core module with the .NET Micro Framework including, 10/100 Ethernet, SPI, I2C, PWM, analog to digital conversion, a real-time clock and a memory/address bus for further expansion. It also features advanced networking capabilities such as DNS, data encryption, and static and dynamic DHCP. Additionally, the ConnectCore 9P 9215 features low power consumption and advanced power management features including Dynamic Power Control(TM), a patented switchable processor speed that allows customers to change processor speed from an application or shut down selected features to reduce power use.
The ConnectCore 9P 9215 is based on the new Digi NET+ARM NS9215 microprocessor. Because the module is designed with Digi's own microprocessor, long-term availability is guaranteed, and an easy conversion path to a cost reduced chip-based design with minimal changes to software is ensured.
The ConnectCore 9P 9215 Digi JumpStart(TM) Kit for Microsoft .NET Micro Framework is available now for $499 MSRP. The ConnectCore 9P 9215 module is available for $63 in quantities of 1,000. For more information, please visit http://www.digi.com/cc9p9215 .
Saturday, October 4, 2008
LSG Sky Chefs- Brahim's appoints Quintiq for Supply Chain Planning Implementation
In-flight Services Provider LSG Sky Chefs-Brahim's to improve Ramp Operations Scheduling with Quintiq
KUALA LUMPUR, Malaysia, October 3rd, 2008 – LSG Sky Chefs-Brahim's Sdn Bhd, a leading provider of in-flight catering and cabin handling services in Malaysia, and Quintiq, a leading provider of Advanced Planning and Scheduling (APS) solutions, today announced that LSG Sky Chefs-Brahim's has chosen Quintiq to provide an advanced ramp operations scheduling solution.
The Quintiq solution will provide LSG Sky Chefs-Brahim's planners with a powerful decision support application for on-the-day scheduling, enabling higher productivity, more cost effective operations and improved service delivery. 
LSG Sky Chefs-Brahim's Sdn Bhd, is jointly owned by Malaysia Airlines, Brahim's International Franchise and LSG Lufthansa Service Holding AG, the premier provider of in-flight catering and cabin handling services at the Kuala Lumpur International Airport (KLIA) and Penang Airport in Malaysia. The company serves more than 40,000 meals and provides services to more than 220 aircrafts every day, the vast majority at the Kuala Lumpur airport.
Multiple aircraft types requiring different service carts and other equipment, numerous menu ordering options; dynamic flight schedules, and frequent last-minute aircraft, gate and passenger list changes together create a highly complex operational environment.
Ensuring the right services are delivered to the right aircraft at the right time while achieving optimal utilization of all human and equipment resources requires extremely accurate and flexible scheduling.
The Quintiq solution will be implemented based on the core advanced planning and scheduling technology developed and proven by Quintiq at companies around the world, including at several aviation industry logistics and services providers.
By providing LSG Sky Chefs-Brahim's planners with a single integrated system for full multi-resource planning, Quintiq will support on-the-day operational decision making, including roster/shift assignment, optimal trip creation, and revisions.
"With the Quintiq scheduling solution, we expect to see significant improvements in our
operational efficiency through greater capacity utilization and better cost control," said Pieter Harting, General Manager of LSG Sky Chef's-Brahim's Sdn Bhd.
"After seeing the results of the quick scan Quintiq performed as part of the evaluation process, we are confident that Quintiq will fully deliver on every aspect of its promise, from development through to implementation,solution performance and customer service," he added.
The Quintiq software's visualization features will provide LSG Sky Chefs-Brahim's planners
with a full overview of how well resources are utilized and enable them to take into account all possible variables in order to optimize utilization of the company's workforce, facilities and equipment.
The solution will also help LSG Sky Chefs-Brahim's enhance customer satisfaction
by enabling them to be more flexible in meeting customer's preferences. Implementation of the solution began in early September, with the project expected to be completed by the end of the year.
Sanjay Nair, Managing Director at Quintiq Sdn Bhd commented: "This is yet another major
milestone in the history of Quintiq Sdn Bhd. The signing of the Advanced Planning and
Scheduling solution implementation with LSG Sky Chefs-Brahim's Sdn Bhd is another feather on our cap in providing Supply Chain planning solutions to companies operating worldwide.
"The partnership we have established with LSG Sky Chefs-Brahim's also indicates the trust that they have placed in us to deliver a world-class Supply Chain Planning solution based on the Quintiq software," he enthused.
Nokia Amps Up Music Offering with the debut of Comes With Music and the New Nokia 5800 XpressMusic
Singapore 3 Oct 2008 – At the Nokia Remix event held today in Singapore and earlier in London, Nokia announced the debut of its pioneering Comes with Music digital entertainment service and unveiled the new Nokia 5800 XpressMusic that brings touch UI to a broader segment of consumers.
Delivering on Nokia’s vision to provide the best total music experience possible, the Nokia 5800 XpressMusic will be among the first devices to support Comes With Music, Nokia’s groundbreaking service which offers one year of unlimited access to the entire Nokia Music Store catalogue. Customers who buy a Comes with Music device will be able to explore and enjoy a diverse catalog of music of international and local artists in the most natural and spontaneous way, revolutionizing their digital music experience. 
To date, Nokia has sold more than 300 million music-enabled devices, and the Nokia 5310 hit 10 million in sales numbers., which we believe makes it the world’s best selling music phone.
When it comes to music phones, people all over the world want a device that is a great music experience – with more memory, loud and powerful speakers, easy synchronization, and must still work well as a mobile phone with direct access to important contacts and content.
“With the Nokia 5800 XpressMusic, we set out to connect people through the one thing we all feel a universal connection to – music,” said Chris Carr, Vice President, Sales , South East Asia Pacific, Nokia. “The way in which people enjoy music is different around the world. With that in mind, the Nokia 5800 XpressMusic gives people the freedom to experience music they love in the way they prefer.”
Comes With Music
“Comes With Music sets a precedent for consumer value and convenience that the rest of the digital entertainment industry is already copying,” said Andrew Connell, Head of Entertainment & Communities Category Management, Nokia. “The freedom and simplicity of the service is unparalleled. Comes With Music gives you unlimited access to the millions of tracks in the Nokia Music Store and the music is all yours to keep – because its not a revolution unless you get to keep your music.”
Nokia plans to roll out the commercial Comes With Music service in Singapore and Australia in Q1 2009. These markets follow after the United Kingdom which will be the first Comes With Music market with sales starting this month.
EMI Group has joined as the latest major label to support Comes With Music, in addition to Universal Music Group, Sony BMG Music Entertainment and Warner Music Group. In Singapore, Comes With Music will be supported by prominent Asian independent labels, Ocean Butterflies Music and Rock Records Singapore. “We are very pleased to also have leading Asian labels as part of our Comes With Music offering for Singapore consumers. This will allow our consumers to enjoy even more localized music as long as they want, anytime anywhere”, said Grant McBeath, General Manager for Singapore.
Comes With Music offers one year of unlimited access to the entire Nokia Music Store catalogue and customers can keep all the music that they have downloaded at the end of the year to continue enjoying their music collection. Comes with Music will be available across a range of Nokia devices, including the new Nokia 5800 XpressMusic, Nokia N95 8GB and Nokia 5310 XpressMusic.
Nokia 5800 XpressMusic
“As Nokia’s first mass-market device with a touch screen, the Nokia 5800 XpressMusic turns a user interface’ into a ‘human interface’ by truly putting people first. For example, we’ve introduced the Nokia Contacts Bar, which is like a digital RSS feed on your life,” said Tuula Rytila-Uotila, Vice President, Category Management, LIVE Category, Nokia. “By adding the benefits of touch screen technology to S60, the world’s leading smartphone interface, Nokia is taking the familiar and giving it a human touch. We have used touch technology where it really adds value such as the Contacts Bar, Media Bar and clever shortcuts from the homescreen to menu items such as calendar, profiles and clock.”
Taking advantage of touch screen technology, the Nokia 5800 XpressMusic introduces the ‘Media Bar’, a handy drop down menu that provides direct access to music and entertainment, including favourite tracks, videos and photos. The Media Bar also offers a direct link to the Web and to online sharing. Because the Nokia 5800 XpressMusic supports Flash content, individuals can surf the entire web, not just pieces of it. In addition, the Nokia 5800 XpressMusic offers all the music essentials, including a graphic equalizer, 8GB memory for up to 6000 tracks and support for all main digital music formats, and a 3.5mm jack. Built-in surround sound stereo speakers offer the industry’s most powerful sound.
The innovative ‘Contacts Bar’ lets consumers highlight four favorite contacts on their home-screen and, through a single touch, track a digital history of recent text messages, emails, phone logs, photos and blog updates.
For the best screen resolution available on a mobile phone, the 3.2” widescreen display brings photos, video clips and web content to life in vibrant color and true clarity. With a 16 by 9 aspect ratio and 30 frames-per-second playback and 25 fps recording, the device is ideal for VGA quality video recording and playback.
The Nokia 5800 XpressMusic also features a 3.2 megapixel camera with Carl Zeiss lens and, with a single touch, images or videos can be shared via a favorite online community, such as Share on Ovi, Flickr, or Facebook. Music playlist song titles can also be shared through Bluetooth, MMS or online sharing.
Music for the MassesThe Nokia 5800 XpressMusic supports 60 languages worldwide, which covers nearly 90 percent of the world's population. As people around the world use their phones in different ways, the Nokia 5800 XpressMusic offers a variety of input methods including a virtual alphanumeric keypad, a virtual computer-style QWERTY keyboard, a pen stylus -- and for true music enthusiasts, a plectrum -- are all available.
The Nokia 5800 XpressMusic will be available worldwide beginning in the fourth quarter of 2008 for an estimated retail price of 279 EUR before taxes and subsidies. The Nokia 5800 XpressMusic featuring Comes With Music will be available early next year. Pricing details to follow.
Enhancing the experience, Nokia today unveiled four new music accessories including a new Bluetooth headset and three new stereo headsets.
Friday, October 3, 2008
Lawson Software Reports First Quarter Fiscal 2009 Financial Results
ST. PAUL, Minn., Oct. 2, 2008 – Lawson Software, Inc. (Nasdaq: LWSN) today reported financial results for its first quarter of fiscal year 2009, which ended Aug. 31, 2008. Lawson reported GAAP (generally accepted accounting principles) revenues for the quarter of $190.9 million, up 2 percent from revenues of $187.4 million in its fiscal 2008 first quarter. The revenue increase was driven by 13 percent growth in maintenance revenues due to customer maintenance renewals at standard annual price increases, customer migrations to Lawson Total Care premium support and new customer contracts. Offsetting the maintenance revenue increase was a 17 percent decrease in license fees and a three percent decline in consulting revenues. License fees declined due to lower revenue from M3 sales in EMEA and lower revenue from S3 sales in the Americas outside the company’s targeted industries. Consulting revenues declined due to lower billable headcount, lower utilization in certain regions and third-party services decreased in line with expectations.
First quarter GAAP net loss was $2.5 million, or $0.01 per share, compared with net income of $5.6 million, or $0.03 per diluted share, in the first quarter of fiscal 2008. The decline in net income is primarily attributable to an increase in the provision for income taxes and lower interest income resulting from lower investment balances along with lower yields on those investments. In addition, the results include a reduction to GAAP and non-GAAP net income of $1.9 million for sales incentive compensation expense that should have been recorded in the fourth quarter of fiscal 2008. Lawson has determined that this sales incentive compensation expense was immaterial to all quarterly and annual periods of fiscal 2008 and is not expected to be material to fiscal 2009. Currency fluctuations had a negative impact of nearly $0.02 on net earnings per share. Refer to Table 1 attached to this release for a summary of the impact of currency fluctuations to Lawson’s year-over-year performance.
Included in the reported GAAP net income and earnings per share results are pre-tax expenses of $4 million for amortization of acquired intangible assets, amortization of purchased maintenance contracts, purchase accounting impact on consulting costs, restructuring charges, a pre-merger claims reserve adjustment and $1.8 million of non-cash stock-based compensation. Excluding these expenses and including $0.3 million of maintenance and consulting revenue impacted by purchase accounting adjustments made to the opening deferred revenue balances acquired from the former Intentia International AB and other acquisitions, non-GAAP net income for the first quarter of fiscal 2009 was $8.7 million, or $0.05 per diluted share. Non-GAAP net income per share includes a non-GAAP provision for income taxes based upon an estimated rate of 35 percent. Non-GAAP earnings per diluted share of $0.05 decreased year over year from $0.07 in the first quarter of fiscal 2008.
“In our first fiscal quarter, we saw mixed results,” said Harry Debes, Lawson president and chief executive officer. “Relative to our guidance, sales of our S3 solutions in healthcare and public sector performed well but sales of M3 in the Americas and Europe were weaker than forecasted. This resulted in flat year-over-year software contracting. Services revenues and utilization were weaker than forecasted particularly in certain European regions. However, our maintenance business continues to deliver excellent results. Despite this slower start to the year, we remain committed to our goal of improving profitability but there’s no doubt that current economic conditions make this more challenging.”
Financial Guidance
For the second quarter of fiscal 2009, which ends Nov. 30, 2008, the company estimates total revenues of $205 million to $215 million. The company anticipates GAAP fully diluted earnings per share will be $0.03 to $0.06. Non-GAAP fully diluted earnings per share are forecasted to be between $0.07 and $0.10, excluding approximately $8 million of pre-tax expenses related to the amortization of acquisition-related intangibles, amortization of purchased maintenance contracts, stock-based compensation charges and purchase accounting adjustments for acquired deferred revenue balances. The non-GAAP effective tax rate for fiscal 2009 is anticipated to be 35 percent which the company intends to apply consistently throughout the fiscal year.
The company is evaluating its outlook for fiscal year 2009 which ends May 31, 2009. Based on the softening economy and other factors, it is unlikely to achieve its prior fiscal year 2009 guidance. The company will provide revised fiscal year guidance during its second quarter conference call to be held in January 2009.
First Quarter Fiscal 2009 Key Metrics
Cash, cash equivalents, marketable securities and investments at quarter-end were $363.8 million (including $2.4 million of restricted cash), compared with $488.6 million (including $2.8 million of restricted cash) on May 31, 2008.
11.5 million shares were repurchased in the first quarter through a $100 million accelerated share repurchase.
Total deferred revenues were $275.1 million, including $57.8 million of deferred license revenues, compared with the May 31, 2008, balance of $312.6 million, including $54.6 million of deferred license revenue. Total deferred revenues declined primarily due to deferred maintenance revenue as the company’s renewal dates occur in the fiscal third and fourth quarters.
Days sales outstanding (DSO) at quarter end were 68, compared with 71 on May 31, 2008.
The company signed 216 deals, compared with 294 in the first quarter of fiscal 2008. Average selling price of all deals increased to $123,000 compared with $89,000 a year ago.
Thirty-one new customer deals were signed, compared with 27 in the first quarter a year ago. Average selling price of new customer deals was relatively flat at $306,000 compared to $308,000 a year ago.
One deal greater than $1 million and nine deals between $500,000 and $1 million were signed, compared with six deals greater than $1 million and four deals between $500,000 and $1 million in the first quarter fiscal 2008.
The Americas region represented 55 percent of total revenue; Europe, Middle East, and Africa region represented 41 percent of total revenue; and Asia-Pacific represented four percent of total revenue.
Key customer wins: Americas – Cancer Treatment Centers of America; City & Borough of Juneau, Alaska; Fresno Unified School District; Montana State Fund; Munson Healthcare; ProHealth Care; and Robert Wood Johnson University Hospital. EMEA – Estrella Maarud; Fonderie du Poitou Aluminium; and O'Neill. Asia-Pacific – Daizo.
In light of the $1.9 million out of period adjustment associated with the previously mentioned sales incentive compensation expense, the company is evaluating its internal controls over financial reporting as they relate to sales incentive compensation, and management's previous assessment of internal controls over financial reporting as of May 31, 2008, included in the company's fiscal 2008 Form10-K. As always, quarterly results and disclosures are not deemed final until the company files its Form 10-Q, which the company expects to file on a timely basis.
Thursday, October 2, 2008
GREEN PACKET 1st IN THE WORLD TO LAUNCH COMPREHENSIVE WiMAX CPE SERIES
Chicago, 1 October, 2008 – Green Packet Berhad today signed an agreement with Alcatel-Lucent to jointly promote its WiMAX Rev-e (802.16e) products, including Green Packet’s new WiMAX Rev-e Customer Premise Equipment (CPE) and Intouch Connection Manager (CM) software.
This partnership also signifies the very first international launch of a comprehensive series of WiMAX CPE by one company. Green Packet’s devices which include outdoor and indoor subscriber modems and USB dongles will be widely distributed to Telecommunications Service Providers across the globe.
Green Packet is confident of the quality and reliability of its WiMAX CPE because the devices were field-tested for interoperability by Packet One Networks (P1) which was first to launch WiMAX Rev-e commercial services in Malaysia and the Asia Pacific region in August this year. Green Packet’s WiMAX Rev-e CPEs are also undergoing comprehensive and stringent interoperability testing (IOT) under Alcatel-Lucent’s Open Customer Premises Equipment (CPE) Program, which has been established to accelerate the development of a global and open WiMAX ecosystem.
“We are proud to collaborate with Alcatel-Lucent, the global WiMAX Rev-e market leader. We are also confident we will enjoy success in many markets with Telcos and ISPs because of the functional, modern design and consumer appeal of our devices and, more importantly, because these products are proven in-market,” said Kelvin Lee, Senior General Manager, Green Packet.
“This collaboration with Green Packet will further enhance the widespread adoption and development of WiMAX Rev-e in the Asia Pacific and it is further evidence of the key role Alcatel-Lucent’s Open CPE Program is playing in the WiMAX Rev-e eco-system,” said Karim El Naggar, Vice President and head of Alcatel-Lucent’s WiMAX activities.
Green Packet’s WiMAX Rev-e CPE comes complete with its Intouch CM software. Intouch is a lifestyle-centric solution which provides Operators with revenue-generating value-added services and applications which help to increase ARPU (Average Revenue per User).
Intouch also addresses the need for Telco’s and ISP’s to overcome the constant challenge of network congestion, by offloading bandwidth intensive networks to a WiFi network. This key advantage has been one of the reasons for its take-up by many Telcos in Asian markets.
Green Packet’s products and solutions are currently showcased at the Alcatel-Lucent booth # 427, Hall F1, World WiMAX Exhibition and Conference, McCormick Place Convention Center, Chicago. USA.
CEA OPENS NOMINATIONS FOR 2009 MARK OF EXCELLENCE AWARDS HONORING CUSTOM HOME ELECTRONICS
Call for Submissions Runs October 1 Through November 14
Arlington, Va., October 1, 2008 – The Consumer Electronics Association (CEA)® today opened entries for the 2009 Mark of Excellence Awards, presented by CEA’s TechHome Division to honor outstanding achievement in custom home electronics products, services and installation. Winners will be announced at an awards dinner on Friday, March 13, 2009 at the Rosen Centre Hotel, during the tenth annual Electronic House Expo (EHX) Spring 2009, which returns to the Orange County Convention center in Orlando, Florida, March 10-14.
Award entries will be accepted until November 14, 2008, and will be reviewed by a panel of industry experts and submitted in two categories: Supplier and Systems Integrators. New sub-categories this year include Best Software Application, Best Universal Design Home and Best Community Home of the Year.
“We look forward to receiving this year’s entries for the most innovative products in custom home electronics,” said Karen Chupka, senior vice president of conferences and events, CEA. “We are continually impressed by the quality of product submissions as our Mark of Excellence Awards program becomes more popular every year.”
To help with the entry submission process, CEA will use a time-saving entry portal collaboration system, powered by mBLAST, that allows co-workers to combine their separate nominations and pre-populate basic nominee information.
To submit products for the 2009 Mark of Excellence Awards program, review evaluation criteria or learn about the new manufacturer scholarship program, log onto www.CE.org/MarkofExcellence.
