VTech Announces FY2012 Annual Results


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Record Revenue for the Second Consecutive Year


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HONG KONG, May 23, 2012 /PRNewswire-Asia-FirstCall/ —

  • Group revenue increased by 4.2% to US$1,784.5 million
  • Profit attributable to shareholders of the Company declined by 5.0% to US$191.9 million
  • Strong balance sheet, with deposits and cash of US$326.5 million
  • Final dividend of US60.0 cents per ordinary share, giving a total dividend for the year of US76.0 cents, a decrease of 2.6% over the previous financial year

VTech Holdings Ltd (HKSE: 303) today announced its results for the year ended 31 March 2012, reporting record revenue for the second consecutive year.

(Logo: http://photos.prnewswire.com/prnh/20090615/HKM004 )

Group revenue for the year ended 31 March 2012 increased by 4.2% over the previous financial year to US$1,784.5 million. This was mainly due to higher revenue in North America and Europe, as both Electronic Learning Products (ELPs) and Contract Manufacturing Services (CMS) recorded growth in these two regions.

Profit attributable to shareholders of the Company declined by 5.0% to US$191.9 million. The decrease in profit was mainly attributable to higher input costs as well as lower revenue from Telecommunication (TEL) products. Basic earnings per share consequently decreased by 5.5% to US77.0 cents, compared to US81.5 cents in the financial year 2011.

The Board of Directors has proposed a final dividend of US60.0 cents per ordinary share. Together with the interim dividend of US16.0 cents per ordinary share, this gives a total dividend for the year of US76.0 cents per ordinary share, a decrease of 2.6% over the previous financial year.

“I am pleased to report that in our 35th anniversary year, VTech delivered record revenue for the second straight year amid macro-economic uncertainties. In the financial year 2012, rising input costs posed the biggest challenge to the Group. Raw material prices increased substantially, compounded by rising labour costs and Renminbi appreciation in China. To cope with this, we have raised prices, stepped up cost reduction and improved efficiency through increased automation and product optimisation. Although we were unable to offset the entire cost pressure during the year, we managed to mitigate it to a great extent. This will improve the Group’s ability to achieve future growth,” said Mr.

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INRIX Traffic Quality Assurance Program Launched For Transportation Agencies


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Industry’s first Quality Assurance Program replicates quality metrics, penalty formulas and validation methodology of the I-95 Corridor Coalition Vehicle Probe Project to provide ‘Peace of Mind’ to any real-time data customer

NATIONAL HARBOR, Md., May 21, 2012 /PRNewswire/ – ITS America Annual Meeting — INRIX today introduced the industry’s first Real-Time Traffic Data Quality Assurance Program at the 2012 ITS America Annual Meeting.   The program will embed data validation in INRIX’s data license contracts, with experienced independent validators using proven and well documented methods established and used by the I-95 Corridor Coalition over the past four years.  The number of validation tests included at no additional cost will scale depending upon the size of the roadway network and the length of the contract – the larger the network, the longer the contract, the higher frequency of validation tests.  The program, in partnership with Bluetooth traffic monitoring firm Traffax, applies to limited access networks in all countries and regions in which INRIX provides real-time traffic data.

“Data accuracy is critical to our government customers,” said Rick Schuman, Vice President and General Manager of Public Sector, INRIX. “At the same time, it is difficult and costly to establish an independent testing regime – leaving many customers to assess quality anecdotally, a priori, or not at all.  We want our customers to be assured in a scientific way that our data meets their quality needs – throughout the life of a contract.  With the I-95 Corridor Coalition, we were the first in the industry to accept contract terms linking payment directly to data quality.  Today, we are expanding this same offer to all government agencies worldwide where we operate.”

In the I-95 Corridor Coalition’s Vehicle Probe Project (VPP), INRIX has been and continues to be subjected to the most extensive and longest continuously running independent quality validation of private sector traffic data in the world. Since July 2008, the University of Maryland has continued to monitor freeway data quality using portable Bluetooth readers provided by Traffax and has set the standard for quality control for outsourced traffic data. The validation has analyzed numerous facilities 24 hours a day, 7 days a week, under a wide variety of operating conditions including light to severe congestion, holidays, snow storms, overnight work zones, all seasons, daytime and nighttime, weekdays and weekends. To date, data has been collected and published on a nearly monthly basis at 35 test sites

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Irosoft anuncia la exitosa implementación de sus soluciones LIMS en Barbados


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MONTREAL y BARBADOS, 19 de mayo de 2012 /PRNewswire/ — Irosoft Inc., líder mundial en soluciones para la gestión de leyes y legislación derivada, en alianza con ESI Technologies Inc., se enorgullece en anunciar la exitosa implementación de sus soluciones LIMS para la redacción y consolidación de leyes para el gobierno de Barbados.

“Nos sentimos honrados de haber sido parte del proyecto LIMS en Barbados por muchas razones”, afirmó René-Luc Morin, vicepresidente y cofundador de Irosoft que estuvo en Bridgetown para la culminación de esta tarea y a fin de asistir al lanzamiento oficial del sistema por parte del procurador general y ministro de asuntos internos, Ilmo. Adriel D. Brathwaite.

“Ahora Barbados puede gestionar su legislación con el sistema más innovador, avanzado y totalmente integrado del mercado”, añadió Morin. “La implementación de nuestras soluciones LIMS Irosoft ya es totalmente operativa en Barbados, y los responsables de las propuestas de ley ya empiezan a ver los beneficios de no tener que lidiar con numerosas labores repetitivas y tediosas. Quienes participan en el proceso de consolidación ahora cuentan con un sistema fácil de usar y semiautomático que respeta el principio legal de ‘momento puntual’.

“Lo más destacable es que tuvimos el privilegio de trabajar con profesionales del más alto nivel que han hecho de nuestra labor algo más sencillo. Con el apoyo de una sólida gestión de proyecto a cargo de Michael Forde de NexLevel Info por parte del cliente y de la abogada Chantal Lamarre por parte de Irosoft, pudimos terminar el proyecto a tiempo y conforme al presupuesto, como siempre”.

El gerente de proyecto Michael Forde comentó: “En gran medida nuestro éxito obedece al trabajo arduo, la profesionalidad y la dedicación de los responsables de la redacción legislativa y el resto del personal de la oficina de la Fiscalía del Parlamento. Quiero reconocer su gran esfuerzo. Desde luego, nuestro éxito también fue posible gracias a la pericia del equipo de Irosoft, su manera de comprender los procesos legislativos en nuestra jurisdicción y la calidad de su producto LIMS”.

“Veo beneficios directos para una amplia gama transversal de usuarios”, afirmó el procurador general, Ilmo. Adriel D. Brathwaite, “desde la persona común y corriente hasta los jueces, los procuradores y nosotros mismos y, desde luego, los responsables de la redacción legal. LIMS les aporta enormes beneficios. No solo les ayuda en la labor de

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Qualcomm Announces Leadership Change in Japan


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My news for Investors



— Clifford Ficke Named President of Qualcomm Japan —

TOKYO, May 17, 2012 /PRNewswire-FirstCall/ — Qualcomm Incorporated (NASDAQ: QCOM) today announced the appointment of Clifford Ficke as vice president and president of Qualcomm Japan. Ficke will oversee Qualcomm’s operations in Japan and will report to Jing Wang, executive vice president and president of Global Business Operations. Jun Yamada, who made significant contributions to Qualcomm’s business growth in Japan since 2005, will transition from his current role as senior vice president and president of Qualcomm Japan to senior advisor, providing continued guidance as Qualcomm focuses on driving new Qualcomm technologies in Japan.

“Jun’s guidance and leadership has been instrumental to the development and expansion of Qualcomm’s operation in Japan,” said Wang. “As one of the most advanced mobile markets worldwide, Japan continues to fuel innovation and present significant business opportunities for Qualcomm. Cliff’s extensive experience and proven track record in the semiconductor industry will be invaluable in driving Qualcomm’s business in Japan as the industry continues to introduce advanced mobile technologies.”

Before joining Qualcomm in May 2011 as vice president of sales and operations, Ficke served as vice president of sales and business development at Applied Micro Circuits Corporation. Prior to Applied Micro Circuits Corporation, he held a variety of sales and business development roles at different semiconductor companies, including NEC Electronics and Marvell Semiconductor.  Ficke holds a master’s degree in business administration with a focus on relationship marketing and sales management from Northern Illinois University.

About Qualcomm 

Qualcomm Incorporated (NASDAQ: QCOM) is the world leader in 3G and next-generation mobile technologies. For more than 25 years, Qualcomm ideas and inventions have driven the evolution of digital communications, linking people everywhere more closely to information, entertainment and each other. For more information, visit Qualcomm’s website, OnQ blog, Twitter and Facebook pages.

Qualcomm is a registered trademark of Qualcomm Incorporated. All other trademarks are the property of their respective owners.

Qualcomm Contacts:
Tina Asmar, Corporate Communications
Phone: 1-858-845-5959
Email: corpcomm@qualcomm.com

Takayuki Nozaki, Qualcomm Japan
Phone: 81-3-5412-8900
Email: jpnpr@qualcomm.com  

Warren Kneeshaw, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com

SOURCE Qualcomm Incorporated

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Arqiva renforce ses ressources satellitaires sur Eutelsat 7A


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PARIS, May 16, 2012 /PRNewswire/ –

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Arqiva et Eutelsat intensifient leur collaboration pour satisfaire une demande soutenue sur le marché des services professionnels de vidéo en Europe et au Moyen-Orient.

Arqiva, l’opérateur de services de transmission de télévision et de radio et de gestion de contenus médias, vient de signer avec Eutelsat Communications (Euronext Paris : ETL) un nouveau contrat lui permettant d’accroître ses ressources pour satisfaire une demande soutenue sur le marché des services occasionnels de vidéo par satellite.

Ce contrat porte sur la location d’un répéteur de 36MHz sur le satellite Eutelsat 7A à 7° Est. Ce répéteur additionnel fournira à Arqiva une excellente couverture de l’Europe, mais également du Moyen-Orient, de la Turquie et de la Russie. Ce nouvel accord portant sur un répéteur vient renforcer une collaboration étroite entre les deux entreprises.

Dotée d’une large infrastructure et d’une solide expertise en matière de services de transmission de télévision et de radio, Arqiva accompagne ses clients – ayants droit, éditeurs de programmes et diffuseurs – à chaque étape de la chaîne vidéo depuis la création des contenus. Une importante flotte de véhicules de reportages et 80 stations au sol assurent la couverture en direct d’événements de sport, d’actualité et de divertissement et la production d’une télévision de grande qualité dans le monde entier.

« Pour accompagner la croissance continue du marché des services occasionnels de vidéo, nous revoyons régulièrement nos ressources satellitaires et leurs couvertures pour une adéquation optimale aux besoins de nos clients », a déclaré Barrie Woolston, Directeur Commercial d’Arqiva. Il a ajouté : « Les nouvelles capacités louées sur Eutelsat 7A sinscrivent dans cette logique et nous permettent doffrir à nos clients des ressources accrues sur ce satellite dont la couverture réunit dores et déjà une très importante base dantennes installées. »

Jean François Leprince Ringuet, Directeur commercial d’Eutelsat : « Arqiva a établi une réputation dexcellence auprès de clients qui requièrent une haute qualité de service pour assurer la couverture télévisuelle dévénements sportifs et dactualité de premier plan. Ce nouvel accord renforce une collaboration de longue date entre nos deux sociétés et consolide la place de notre satellite Eutelsat 7A sur le marché des services professionnels de vidéo en Europe et au Moyen-Orient. »

Pour plus dinformation à propos dArqiva: http://www.arqiva.com

A propos d’Eutelsat Communications

Eutelsat Communications (Euronext Paris : ETL, code ISIN : FR0010221234) est la société holding d’Eutelsat S.A. Avec des ressources en orbite sur 28

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