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[October 07, 2009]
www.StockMarketingInc.com: This Is The Stock To Watch!!! (FORC) Force Energy Corp. Announces $5 Million Equity Financing!!!
Oct 07, 2009 (M2 PRESSWIRE via COMTEX) -- STOCK MARKETING INC PRESENTS : (OTCBB: FORC) Force Energy Corp.
(NASDAQ: EDAP) EDAP TMS S.A.
(NASDAQ: EGHT) 8x8, Inc.
(NASDAQ: ENTR) Entropic Communications, Inc.
(NASDAQ: EPAY) Bottomline Technologies, Inc.
(NASDAQ: EPIC) Epicor Software Corp.
www.StockMarketingInc.com To sign up for our free Profiles & Alerts :: visit
http://www.StockMarketingInc.com
Email us!! info@StockMarketingInc.com OR CALL 1-866-583-8960 ------------------------------------------------------------------------------------------------------------------------------------------------------------ (OTCBB: FORC) Force Energy Corp.
BREAKING NEWS!! Force Energy Corp. Announces $5 Million Equity Financing DENVER, COLORADO, Oct 7, 2009 -- Force Energy Corp. (OTCBB:FORC)(FRANKFURT:FC2) (hereafter "Force", "the Company"), is pleased to announce that the company has entered into a financing agreement with Banque SCS Alliance, whereby the Swiss based banking group will invest up to $5 million into Force Energy Corp.
The financing agreement is equity based and market condition dependent. The agreement may be receded by either party with 30 days notice. Funds will be used to advance drilling activities on the Diamond Springs Prospect as well as for general working capital and investment purposes. Force Energy has secured only traditional equity financing.
"We are pleased to have Bank SCS Alliance in our corner." Said Rahim Rayani, President & CEO of Force Energy Corp. "This financing agreement will allow the Company to execute on our plans to explore and develop the Diamond Springs Prospect." The securities offered have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States absent a registration or an applicable exemption from the registration requirements.
About Force Energy Corp.
Force Energy Corp. is an Oil & Gas Exploration and Development Company based in Denver, CO with a focus on Wyoming. Using a geology-based methodology, the US Geological Survey estimate a mean of 2.4 trillion cubic feet of undiscovered natural gas and a mean of 41 million barrels of undiscovered oil in the Wind River Basin Province of Wyoming. Force Energy Corp. has acquired 75% working interest in the Diamond Springs Prospect located within this prolific area. The Company's shares are publicly traded on the OTCBB under the ticker symbol FORC.
On behalf of the Board of Directors FORCE ENERGY CORP.
Legal Notice Regarding Forward-Looking Statements Legal Notice Regarding Forward-Looking Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined, and assumptions of management. Forward looking statements are generally, but not always, identified by the words "expects", "plans", "anticipates", "has", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Information concerning oil or natural gas reserve estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed.
Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include misinterpretation of data, inaccurate estimates of oil and natural gas reserves, the uncertainty of the requirements demanded by environmental agencies, the Company's ability to raise financing for operations, breach by parties with whom we have contracted, inability to maintain qualified employees or consultants because of compensation or other issues, competition for equipment, inability to obtain drilling permits, potential delays or obstacles in drilling operations and interpreting data, the likelihood that no commercial quantities of oil or gas are found or recoverable, and our ability to participate in the exploration of, and successful completion of development programs on all aforementioned prospects and leases. Additional information on risks for the Company can be found in filings on Edgar of other junior oil and gas exploration companies with the US Securities and Exchange Commission.
SOURCE: Force Energy Corp.
CONTACT: Investor Relations Force Energy Corp.
Rahim Rayani, President & CEO 1-866-953-FORC (3672) ir@forceenergycorp.com www.forceenergycorp.com ------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: EDAP) EDAP TMS S.A.
BREAKING NEWS!! EDAP to Participate in HIFU Liver Cancer Trial LYON, France, Oct 6, 2009 -- EDAP TMS SA (Nasdaq:EDAP), the global leader in therapeutic ultrasound, announced today that the French regulatory organization AFSSAPS has authorized a Phase I clinical study to evaluate High Intensity Focused Ultrasound (HIFU) technology in patients with metastatic liver cancer. HIFU has the potential to assist with liver ablations and reduce bleeding during surgery.
Over the next six months, 20 patients are expected to receive treatment with a HIFU-based device designed to help destroy hepatic metastasis, or liver cancer tumors, while preserving surrounding tissues and organs. The objective is to expand the number of patients eligible for surgery and extend the survival rate. The device was jointly developed by EDAP in collaboration with Centre Leon Berard (a national Lyon, France-based cancer center) and INSERM 556 Unit with the financial support from CLARA and OSEO, organizations respectively dedicated to supporting innovative cancer treatment initiatives and technological innovation.
Marc Oczachowski, EDAP Chief Executive Officer, commented, "As a result of this successful cooperation among academic, clinical and industrial players, patients with liver cancer now have the potential to benefit from EDAP's HIFU technology. While EDAP maintains a focus on expanding our Ablatherm-HIFU business for patients with prostate cancer, our collaborators have clearly recognized the broader potential of our technology and the progress made by our R&D team in jointly developing a HIFU device to address liver cancer. Our collaboration in this early clinical study confirms EDAP's continuous leadership and expertise in HIFU and represents a preliminary step towards our long-term goal of positioning HIFU technology as a solution to improve existing treatment options across multiple pathologies." About EDAP TMS SA EDAP TMS SA develops and markets Ablatherm, the most advanced and clinically proven choice for high-intensity focused ultrasound (HIFU) treatment of localized prostate cancer. HIFU treatment is shown to be a minimally invasive and effective treatment option with a low occurrence of side effects. Ablatherm-HIFU is generally recommended for patients with localized prostate cancer (stages T1-T2) who are not candidates for surgery or who prefer an alternative option, or for patients who failed radiotherapy treatment. Approved in Europe as a treatment for prostate cancer, Ablatherm-HIFU (High Intensity Focused Ultrasound) is currently undergoing evaluation in a multicenter U.S. Phase II/III clinical trial under an Investigational Device Exemption granted by the FDA, the ENLIGHT U.S. clinical study. The Company also is developing this technology for the potential treatment of certain other types of tumors. EDAP TMS SA also produces and commercializes medical equipment for treatment of urinary tract stones using extra-corporeal shockwave lithotripsy (ESWL). For more information on the company, please visit
http://www.edap-tms.com,
http://www.hifu-planet.com and
http://www.pcaresearch.com
.
Forward-Looking Statements In addition to historical information, this press release contains forward-looking statements that involve risks and uncertainties. These include statements regarding the company's growth and expansion plans. Such statements are based on management's current expectations and are subject to a number of uncertainties and risks that could cause actual results to differ materially from those described in these forward-looking statements. Factors that may cause such a difference include, but are not limited to, those described in the company's filings with the Securities and Exchange Commission. Ablatherm-HIFU treatment is in clinical trials, but not FDA-approved or marketed in the United States.
------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: EGHT) 8x8, Inc.
BREAKING NEWS!! 8x8, Inc. Announces Q2 Fiscal 2010 Earnings Date and Conference Call SUNNYVALE, Calif., Oct 6, 2009 -- 8x8, Inc. (Nasdaq:EGHT), provider of innovative communications solutions to small businesses, today announced it will release its second quarter fiscal 2010 results for the period ended September 30, 2009 after market close on Wednesday, October 28, 2009. Following the announcement, a conference call hosted by 8x8 Chairman and Chief Executive Officer Bryan R. Martin and President and Chief Financial Officer Dan Weirich is scheduled to begin at 4:30 p.m. ET.
Details of the conference call are as follows: Date: October 28, 2009 Time: 4:30 p.m. ET Dial In: (888) 300-2343, domestic (719) 457-2703, international Replay: (888) 203-1112, domestic, passcode 8793364 (719) 457-0820, international, passcode 8793364 Webcast:
http://investors.8x8.com/
Supplemental financial slides will be presented through 8x8's Virtual Meeting web conferencing portal which can be accessed at:
http://virtualmeeting.8x8.com/Q2FY2010Earnings
.
Participants should plan to dial in or log on ten minutes prior to the start time. A telephonic replay of the call will be available following the call for a period of seven days. An online replay will be available for a period of one year. For additional information, visit
http://investors.8x8.com
.
About 8x8, Inc.
8x8, Inc. (Nasdaq:EGHT) offers voice, video, mobile and web conferencing communications solutions for business and residential customers. These solutions leverage existing broadband Internet connections and cellular networks to deliver advanced features and digital quality phone service at a fraction of the cost of legacy, copper wire alternatives. Businesses of any size, configuration or geographic location can benefit from the cost, performance and operational advantages of VoIP technology. All 8x8 communications solutions carry little or no upfront investment, no maintenance or upgrade fees and no change in user behavior. For additional information, visit www.8x8.com.
------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: ENTR) Entropic Communications, Inc.
BREAKING NEWS!! Entropic Communications Appoints William R. Bradford as Senior Vice President of Worldwide Sales SAN DIEGO, Oct 6, 2009 -- Entropic Communications, Inc. (Nasdaq:ENTR), a leading provider of silicon and software solutions to enable connected home networking and entertainment, today announced the appointment of William R. Bradford as senior vice president of worldwide sales.
Bradford has a proven track record of execution and leadership in the semiconductor industry and brings expertise in building sales organizations and developing channels, alliances and OEM partnerships for leading semiconductor companies including Freescale Semiconductor, ON Semiconductor, Cypress Semiconductor and Texas Instruments. Bradford will serve as part of the executive management team and report directly to Entropic president and CEO, Patrick Henry.
"Bill's history of successfully scaling and leading sales organizations and driving international business will be a tremendous asset to Entropic's growth strategy," said Henry. "Bill brings a strong combination of experience and energy that will be instrumental as we continue to lead the charge toward ubiquitous home entertainment connectivity." Bradford has over twenty years of direct sales, sales management, marketing, and business development experience in the semiconductor industry. Most recently Bradford worked in venture capital helping launch companies such as internet startup Arkayne. He also co-founded and served as president and CEO of IAD Industries, a private company created to acquire, consolidate and operate distribution and light manufacturing operations in the infrastructure, aerospace and defense markets.
Prior to this, Bradford held various executive positions at Freescale Semiconductor, most recently as senior vice president - Americas, sales and marketing and global distribution, where he improved sales force effectiveness and grew direct and channel sales through demand creation focused programs. Prior to Freescale Semiconductor, Bradford served as senior vice president, sales and marketing for ON Semiconductor, where he rebuilt the global sales and marketing team. Previously, Bradford spent over 10 years at Cypress Semiconductor in a variety of senior positions, including vice president of European sales and marketing. He began his semiconductor sales career with Texas Instruments.
Bradford holds a B.S. in Electrical Engineering from Rose-Hulman Institute of Technology and an M.S. in Management from the University of Alabama.
"I'm thrilled to be joining Entropic's executive team at this time," said Bradford. "Entropic is an innovative, industry-leading company that has fantastic opportunity ahead," said Bradford. "Having spent many years working with large, global companies and more recently with entrepreneurial start-ups, I look forward to bringing my experience and perspective to a company that combines both, and whose pioneering technology is changing the way the world watches TV." Michael Economy, who has served as vice president of worldwide sales and led the global sales effort for nearly six years, has announced that he will be leaving the company effective October 30th.
"Mike's contributions have been instrumental in establishing Entropic as the recognized leader in next-generation silicon and software technologies for connected home networking and entertainment," said Henry. "We wish Mike well in his new endeavors." About Entropic Communications Entropic Communications, Inc. (Nasdaq:ENTR) is a leading fabless semiconductor company that is engineering the future of connected home networking and entertainment by providing next-generation silicon and software technologies to the world's leading Cable, Telco and Satellite service providers, OEM's and consumer electronic manufacturers. As a co-founder of MoCA, multimedia over coax alliance, Entropic pioneered and continues to evolve the way high-definition television-quality video and other multimedia & digital content such as movies, music, games and photos are brought into and delivered throughout the home. For more information, visit Entropic at www.entropic.com Forward-Looking Statements Statements in this press release that are not strictly historical in nature constitute "forward-looking statements." Such statements include, but are not limited to, statements regarding the expected contributions of Mr. Bradford and Entropic's future prospects and opportunities. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause Entropic's actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. These factors include, but are not limited to, Entropic's ability to recruit and retain key employees like Mr. Bradford; the effects of competition; Entropic's ability to successfully collaborate and the ability of Entropic to introduce new and enhanced products on a timely basis; the risk that the market for high-definition television-quality video and multimedia content delivery solutions may not develop as anticipated; and other factors discussed in the "Risk Factors" section of Entropic's Quarterly Report on Form 10-Q for the three months ended June 30, 2009. All forward-looking statements are qualified in their entirety by this cautionary statement. Entropic is providing this information as of the date of this release and does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.
------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: EPAY) Bottomline Technologies, Inc.
BREAKING NEWS!! Bottomline Platform for Global Cash Management Garners High Marks for Breadth of Security Functionality Third-Party Evaluation Validates Platform's Multi-Layered Approach for Identifying and Preventing Internal and External Threats PORTSMOUTH, N.H. & SAN FRANCISCO, Oct 06, 2009 -- Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative payment, invoice and document automation solutions, today at the 2009 AFP Annual Conference announced that its WebSeries(R) Global Cash Management platform received high marks for security as part of an independent, third-party evaluation.
This latest evaluation is part of Bottomline's rigorous security assessment program, which is designed to ensure that threat prevention mechanisms inherent in WebSeries are capable of addressing the evolving needs of global banks and financial institutions. In addition to following industry best-practice Web development methodologies, WebSeries' multi-layered approach to security prevents 'trusted' users from usurping their administrative rights at the application and database levels. By leveraging WebSeries standard product, updates to the newest security threats can be addressed quickly and without potentially costly delays.
"We conducted an extensive evaluation of the robust security functionality in Bottomline's WebSeries platform and the product excelled across all areas of our testing," said Ed Adams, President and CEO of Security Innovation. "It's evident from the results that Bottomline has architected a solution that surpasses user expectations for threat prevention within a global cash management solution." "Security requirements are always changing for banks and financial institutions, particularly with regard to the threat posed by internal users," said Eric Campbell, Chief Technology Officer of Bottomline Technologies. "Internal user fraud is not only more devastating, it is a more likely scenario than an external attack. With WebSeries, we've taken a very proactive approach to application security, constantly testing and evaluating our solution to ensure it exceeds the expectations of our clients and delivers the protection of data and reputation they require from a cash management solution." To get to market quickly with high-volume domestic and international payments capabilities, banks and financial institutions around the world rely on Bottomline's award-winning WebSeries Global Cash Management platform. A single platform for managing payments and providing real-time cash management reporting, WebSeries delivers the security, reliability and rich functionality necessary to deliver the products and user experience required to strengthen customer relationships and develop new markets.
Editorial Note: Bottomline will be exhibiting in booth 1833 at the AFP Annual Conference, October 4-7, 2009 in San Francisco. To arrange an on-site meeting, please contact Billy Balfour at 603-501-5219.
Calculate the Environmental Savings To help raise awareness of the environmental benefits achieved by transitioning from paper to electronic processing, Bottomline has posted a green savings calculator on its Web site at: www.bottomline.com/cash_management_goes_green/.
About Bottomline Technologies Bottomline Technologies (NASDAQ: EPAY) provides collaborative payment, invoice and document automation solutions to corporations, financial institutions and banks around the world. The company's solutions are used to streamline, automate and manage processes involving payments, global cash management, transactional documents and invoice approval. Organizations trust these solutions to meet their needs for cost reduction, competitive differentiation and optimization of working capital. Headquartered in the United States, Bottomline also maintains offices in Europe and Asia-Pacific. For more information, visit www.bottomline.com.
Bottomline Technologies, WebSeries and the BT logo are trademarks of Bottomline Technologies (de), Inc. which may be registered in certain jurisdictions. All other brand/product names are trademarks of their respective holders.
Cautionary Language This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are competition, market demand, technological change, strategic relationships, recent acquisitions, international operations and general economic conditions. For additional discussion of factors that could impact Bottomline Technologies' financial results, refer to the Company's Form 10-K filed September 2009 and any recently filed Form 8-Ks. Any forward-looking statements represent our views only as of today and should not be relied upon as representing our views as of any subsequent date. We do not assume any obligation to update any forward-looking statements.
SOURCE: Bottomline Technologies CONTACT: Bottomline Technologies Billy Balfour, 603-501-5219 bbalfour@bottomline.com ------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: EPIC) Epicor Software Corp.
BREAKING NEWS!! picor Amends Credit Agreement to Maximize Operating Flexibility; Expects Q3 Non-GAAP EPS to Exceed Previously Provided Guidance Amendment Eliminates Fixed Charge Covenant; Aligns Financial Covenants with Current Business Environment IRVINE, Calif., Oct 06, 2009 -- Epicor Software Corporation (NASDAQ:EPIC), a leading provider of enterprise business software solutions for the midmarket and divisions of Global 1000 companies, today announced that it amended its existing Credit Facility (Facility) agreement to provide the Company with more operating flexibility in light of changing economic conditions over the past 18 months. The Company also said that it expects its non-GAAP earnings per share for its 2009 third quarter ended September 30, 2009, to exceed the range it previously provided, and that total third quarter revenues will be within the range previously provided by the Company. On July 28, 2009 the Company said it expected 2009 third quarter total revenue of $96 to $100 million and non-GAAP earnings per share of $0.09 to $0.10.
Epicor EVP and CFO Michael Pietrini commented, "We have always been confident in our ability to manage our business within the terms of the previously existing Facility. However, due to the dramatic changes in the economic climate since we first negotiated the Facility terms more than 18 months ago, the previous covenants -- particularly the fixed charge covenant -- were becoming a potential impediment for the Company and were being factored into many of the business decisions we made.
"We are fortunate to be well positioned within the markets we address," Pietrini continued, "and we continue to execute on our product strategy and manage the business to optimize results in the current environment, which helped lead to 100% lender consent to the amendment. We have realigned the Facility's financial covenants with the current state of the economic environment, which we believe provides us with significantly more flexibility to operate our business for the near and long term benefit of our customers, employees and shareholders, as we anticipate the eventual upturn in the industries and markets we serve." The key changes to the amended credit agreement are as follows: -- Elimination of the total leverage and fixed charge coverage financial covenants in favor of minimum profitability and liquidity covenants, which are significantly more favorable for the Company.
-- Reduction of the size of the credit facility to $100 million.
-- Shortening the maturity date of the revolving credit facility by five months to September 30, 2012.
-- Increasing the applicable interest rate margin by 2.0% to 2.25% from current levels.
About Epicor Software Corporation Epicor Software is a global leader delivering business software solutions to the manufacturing, distribution, retail, hospitality and services industries. With 20,000 customers in over 150 countries, Epicor provides integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and enterprise retail software solutions that enable companies to drive increased efficiency and improve profitability. Founded in 1984, Epicor celebrates 25 years of technology innovation delivering business solutions that provide the scalability and flexibility businesses need to build competitive advantage. Epicor provides a comprehensive range of services with a single point of accountability that promotes rapid return on investment and low total cost of ownership, whether operating business on a local, regional or global scale. The Company's worldwide headquarters are located in Irvine, California with offices and affiliates around the world. For more information, visit www.epicor.com.
Epicor is a registered trademark of Epicor Software Corporation. Other trademarks referenced are the property of their respective owners. The product and service offerings depicted in this document are produced by Epicor Software Corporation.
Forward-Looking Statements The Management of Epicor Software believes certain statements in this press release may constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements regarding expected revenues and earnings per share (including on a non-GAAP basis) and other statements that are not historical fact. These forward-looking statements are based on currently available competitive, financial and economic data together with management's views and assumptions regarding future events and business performance as of the time the statements are made and are subject to risks and uncertainties, including, without limitation, the risks associated with closing the accounting books for the third quarter ending September 30, 2009 and having our outside auditors finalize their review and render their opinion for the third quarter ended September 30, 2009 and other factors and the risks and uncertainties described in Epicor's Annual Report on Form 10-K for the year ended December 31, 2008 and Quarterly Report on Form 10-Q for the three month period ended June 30, 2009. Actual results may differ materially from those expressed or implied in the forward-looking statements. Epicor undertakes no obligation to revise or update publicly any forward-looking statements.
Non-GAAP Financial Measures This press release contains non-GAAP financial measures. In evaluating the Company's performance, management uses certain non-GAAP financial measures to supplement consolidated financial statements prepared under GAAP.
Non-GAAP Earnings Measures. The Company uses a non-GAAP earnings measure in its public statements. Management believes these non-GAAP measures help indicate the Company's baseline performance before gains, losses or charges that are considered by management to be outside on-going operating results. Accordingly, management uses this non-GAAP measure to gain a better understanding of the Company's comparative operating performance from period-to-period and as a basis for planning and forecasting future periods. Management believes these non-GAAP measures, when read in conjunction with the Company's GAAP financials, provides useful information to investors by offering: -- the ability to make more meaningful period-to-period comparisons of the Company's on-going operating results; -- the ability to better identify trends in the Company's underlying business and perform related trend analysis; -- a better understanding of how management plans and measures the Company's underlying business; and, -- an easier way to compare the Company's most recent results of operations against investor and analyst financial models.
General. These non-GAAP measures have limitations, however, because they do not include all items of income and expense that impact the Company's operations. Management compensates for these limitations by also considering the Company's GAAP results. The non-GAAP financial measures the Company uses are not prepared in accordance with, and should not be considered an alternative to, measurements required by GAAP, such as operating income, net income and income per share, and should not be considered measures of the Company's liquidity. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the most directly comparable GAAP measures. In addition, these non-GAAP financial measures may not be comparable to similar measures reported by other companies.
As a result of these factors the business or prospects expected by the Company as part of this announcement may not occur. Epicor undertakes no obligation to revise or update publicly any forward-looking statements.
SOURCE: Epicor Software Corporation ------------------------------------------------------------------------------------------------------------------------------------------------------------ About StockMarketingInc.com StockMarketingInc.com is a website that profiles stocks of interest. We are not licensed brokers or financial consultants. The information here is believed to be reliable, but not guaranteed to be accurate by tockMarketingInc.com. Please be advised that the information contained may or may not be complete and is solely for informational purposes only. This is not to be construed as an offer to sell, hold or the solicitation of an offer to buy. Investors are encouraged to seek opinions by their registered brokers or financial advisors after extensive due diligence is performed.
CONTACT: StockMarketingInc.com Tel: +1 866 583 8960 e-mail: info@StockMarketingInc.com WWW:
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