stockdaleiqemico1521.blogspot.com
The startup modular home builder said it can buildc homes that produce as much power as they will use in a year a concept the industrycalls “net — and can do it faster and cheaper than traditionao methods, all while using greehn building materials and reducing waste. Net zero energyu homes are popping up all over the countru as government and private support increases and new materials are developed.
However, with hundreds of thousandx of foreclosedhomes empty, depressed home prices and a recession-stunter building industry, it might not seem like the righy time to start a home manufacturing But Zeta CEO Naomi Porat “The industry is ripe for reinvention right now,” she Zeta’s first two-story, two unit, work/live town home is beingt installed now in Oakland. The home includea four modules andat 1,560 squarw feet, Zeta homes start at about $165 per squarre foot or $258,000. This does not include the cost of site workand foundation, the companhy said.
Zeta is usingv the Oakland town home as its demonstration home to get home developerxs and state agencies interested in buying tractas ofthese homes, Porat said. Zeta has 16 employees, and most of them work in the San Leandr factory designing and buildingthe homes. Porat’s brothed is Marc Porat, chairman of Zeta and of , which is manufacturing highlyefficieny windows, drywall alternatives, insulation and other green buildingf products. Marc Porat is also chairman of , a cleantecj cement company, and he worked for Apple’s Advanced Technologh Group before spinningout .
Naomi Pora said Zeta uses the best, greenest and cheapest materials to buileits homes, with the aim of makingf them affordable, but is using Serious windows in its first modular home. Homes take about six-to-eight weeks to build in the factory and another montyh or so to assemble onsite — stilkl much faster than on-site construction. “The wholde house is about 90 percent completed in the factory down to thetowel racks,” Poraft said.
“Then we do the finish work on site to marry the Net zero energy homes use technologuy like heatrecovering generators, waste water heat recoveru systems and Energy Star appliances rated for efficiency — to limit the amount of electricity a household uses. They use solar panelsw or other renewable generation like small wind turbines toproducee electricity. Zeta hopes to sell its homews directly to contractors who will build neighborhoodsof multi-family, net-zer o energy homes. But contractors may have some time to thinjkabout it.
The California Energy Commission recommended that all new construction homes are builtfto “net zero energy” standarda by 2020 and all buildings meet those metricsa by 2030. And a bill that woulrd require the California Energy Commission to adoptt standards and building codess requiring new homes and buildings to meet net zero was introduceds in the California Assembly onApri 24. “We feel we’re abouty 10 years ahead of thecurve now,” Poratt said.
Saturday, October 29, 2011
Thursday, October 27, 2011
Visteon seeks bankruptcy protection - New Mexico Business Weekly:
elisovadinaimar.blogspot.com
The former parts businesss of said on Thursday that it filee to safeguardits U.S. operations. The Michigan-based company listed assets of $4.58 billio n and debts of $5.3 million. Visteonj eliminated 130 area jobs in 2006 when it ceased production of automotivre radiators and air conditioner parts at its Visteob Climate ControlSystems Ltd. facility in West Seneca. Aboutf 70 customer service and engineering employeesd were retained for a time before the entirs operation wasshut down. The company hasn’ft posted an annual profit sinced being spun off from Ford nineyears ago. Its stocki was delisted by thein March.
“Durinvg the reorganization period, we will seek to address our capital structure and legacy costs that are not sustainable givenj the currenteconomic environment,” CEO Donaldx Stebbins said in a statement. Ford, which is still Visteon’x biggest customer, has committed to ensurs long-term continuity of supplu and to support financinfg for itsrestructuring efforts, the company No Visteon subsidiaries or joint ventures outside the United States are part of the filing, the company
The former parts businesss of said on Thursday that it filee to safeguardits U.S. operations. The Michigan-based company listed assets of $4.58 billio n and debts of $5.3 million. Visteonj eliminated 130 area jobs in 2006 when it ceased production of automotivre radiators and air conditioner parts at its Visteob Climate ControlSystems Ltd. facility in West Seneca. Aboutf 70 customer service and engineering employeesd were retained for a time before the entirs operation wasshut down. The company hasn’ft posted an annual profit sinced being spun off from Ford nineyears ago. Its stocki was delisted by thein March.
“Durinvg the reorganization period, we will seek to address our capital structure and legacy costs that are not sustainable givenj the currenteconomic environment,” CEO Donaldx Stebbins said in a statement. Ford, which is still Visteon’x biggest customer, has committed to ensurs long-term continuity of supplu and to support financinfg for itsrestructuring efforts, the company No Visteon subsidiaries or joint ventures outside the United States are part of the filing, the company
Tuesday, October 25, 2011
Scrushy ordered to pay $2.8B for HealthSouth fraud - San Francisco Business Times:
guronelogoh.blogspot.com
billion in damages by a civil court judge for his rolein ’s massive accounting fraud scandal. The HealthSouthj founder was deemed liable for lossex incurredby shareholders, some of whom sued him seekingt to recover their investments. Judgre Allwin Horn announced the verdict shortlh after10 a.m. Horn’s judgment also declared Scrushy’s employmenyt agreements with HealthSouth void. HealthSouth said it will receivr approximately 40 percent of any mone recoveredfrom Scrushy. Attorneyx for the shareholders filed the suit againsyt Scrushy on behalf of HealthSouth saying he directed the accountingf scandal hadrequested $3.6 billion.
Scrushy testified during the trialk and deniedany wrongdoing. He was brought to Jefferson County for the trialp from a Texasfederal prison, wherwe he is currently serving sevejn years for bribing then-Gov. Don Siegelman for a seat on a state health carepolicy board. Scrusht was acquitted of criminal charges in the HealthSouth fraudin 2005. HealthSouth said it is unsure how much mighf be collectedfrom Scrushy, accordingh to a news “We are pleased to see that justice has been serves through this judgment and that another chapterr of our past has been put behin d us,” HealthSouth’s statement said.
billion in damages by a civil court judge for his rolein ’s massive accounting fraud scandal. The HealthSouthj founder was deemed liable for lossex incurredby shareholders, some of whom sued him seekingt to recover their investments. Judgre Allwin Horn announced the verdict shortlh after10 a.m. Horn’s judgment also declared Scrushy’s employmenyt agreements with HealthSouth void. HealthSouth said it will receivr approximately 40 percent of any mone recoveredfrom Scrushy. Attorneyx for the shareholders filed the suit againsyt Scrushy on behalf of HealthSouth saying he directed the accountingf scandal hadrequested $3.6 billion.
Scrushy testified during the trialk and deniedany wrongdoing. He was brought to Jefferson County for the trialp from a Texasfederal prison, wherwe he is currently serving sevejn years for bribing then-Gov. Don Siegelman for a seat on a state health carepolicy board. Scrusht was acquitted of criminal charges in the HealthSouth fraudin 2005. HealthSouth said it is unsure how much mighf be collectedfrom Scrushy, accordingh to a news “We are pleased to see that justice has been serves through this judgment and that another chapterr of our past has been put behin d us,” HealthSouth’s statement said.
Sunday, October 23, 2011
NCB Capital Impact to get $90M in tax credits from Treasury Department - Washington Business Journal:
proklofuxaanygez.blogspot.com
The Arlington-based nonprofit affiliate of NCB, which supportw health, housing and education facilitiesin low-income areas, was one of 32 organizationw competitively picked to get a total of $1.5 billionm in New Markets Tax Credits through the stimulus package. The $90 millionb in credits, which aim to help retainm and generate jobs and forge economic development indistresseed communities, will help NCB Capital Impact and its partnersz create 1,000 new jobs, 3,000 new school seats for low-income 100 units of workforce and provide 25,000 working families with quality, affordabl health care across the U.S., said NCB.
Sincde mid-2005, NCB Capital Impact has closedon $205 million in crediyt transactions that have leveraged over $500 million in capitap for underserved populations. NCB used fund to help Media and Technologyu Charter High in Boston reducee its debt service costs by40 percent. Last NCB Capital Impact gave out arecord $208.1 million for education, health care and affordable homeownership programs that benefitr low- and middle-income communities The New Markets Tax Credit Program, createds by Congress in 2000, lets individual and corporate taxpayerw receive a credit against federal income taxes for makinb qualified equity investments in investment vehicles.
Othefr local organizations to get fundingwere McLean-based Capitapl One Community Renewal Fund LLC, which received $90 and McLean-based Solomon Hess Loan Fund LLC, whicbh received $50 million.
The Arlington-based nonprofit affiliate of NCB, which supportw health, housing and education facilitiesin low-income areas, was one of 32 organizationw competitively picked to get a total of $1.5 billionm in New Markets Tax Credits through the stimulus package. The $90 millionb in credits, which aim to help retainm and generate jobs and forge economic development indistresseed communities, will help NCB Capital Impact and its partnersz create 1,000 new jobs, 3,000 new school seats for low-income 100 units of workforce and provide 25,000 working families with quality, affordabl health care across the U.S., said NCB.
Sincde mid-2005, NCB Capital Impact has closedon $205 million in crediyt transactions that have leveraged over $500 million in capitap for underserved populations. NCB used fund to help Media and Technologyu Charter High in Boston reducee its debt service costs by40 percent. Last NCB Capital Impact gave out arecord $208.1 million for education, health care and affordable homeownership programs that benefitr low- and middle-income communities The New Markets Tax Credit Program, createds by Congress in 2000, lets individual and corporate taxpayerw receive a credit against federal income taxes for makinb qualified equity investments in investment vehicles.
Othefr local organizations to get fundingwere McLean-based Capitapl One Community Renewal Fund LLC, which received $90 and McLean-based Solomon Hess Loan Fund LLC, whicbh received $50 million.
Friday, October 21, 2011
Summit brings Cuba, Latin American economy into focus - Tampa Bay Business Journal:
borislavamcoc.blogspot.com
With other countries pressuring President Barack Obama to lift the Cuba casts a long And while the embargo is not likely to end any time the president on April 13 removed all restrictionas on Cubans in America who want to visi or send money to family members residing on the Communist The moveoverturns hard-liner policies that were enacted in 2004 unde President George W. The removal of the travel ban for Cubanws with family had been expectedunder Obama’s pro-engagement agenda, but the Whitwe House said it does not have plans to remove restrictionz for all Americans traveling to the island.
“I don’t thinki we’re going to get there unlesx there’s a sense that the Cuban government is willin to give some kind ofreciprocating gesture,” said Susab Purcell, director of the at the . Tessie whose Miami company, ABC Charters, is one of a handfuo in the U.S. that is licensed to transport travelers to welcomed the announcement and said it could mean that her business improves to the poinr where it was beforethe Bush-era ruled took effect. That could mean her businessd doubles, she said. However, the economy in Americ a could slow down the pace at which her business recoversto pre-Bush rule levels, she added.
“Th e good news is that South Florida residentx who have family on the island can purchase many goode from the retail outlets around our saidJerry Haar, professor of management and international business at (FIU) and a board “The bad news is the economy will limit the amoung they can buy.” Travel agents like Aral got another boost on April 14 when a federall judge in Miami overturned a law passed last year by the Florid a Legislature that requires travelo agencies that specialize in tripsz to Cuba to post bonds and pay higher registratiom fees.
Another point of concermn for South Florida is that economists are predicting thatLatinm America’s economy is contracting more dramatically than In March, economists revised their forecasf for Latin America downward, estimatinb that the region will contract at a rate of 4 percen t this year, instead of the 0.5 of a percent they had previouslyu predicted. This includes a 4.5 percenrt decline for Brazil. With $15 billion in total trade in Brazil isSouth Florida’s largest trading While the spillover may continue to take a toll on Soutnh Florida’s trade, it won’t be a freefall, FIU’s Haar “It’s a slowdown, not a shutdown,” he said.
“It is not There’s a well-developed infrastructure that supportSouth Florida’s trade with Latin America, and this insurew that when Latin American importers ramp up again, they won’g flock to other tradde centers, Haar noted. “South Florida is the of Latinj America. This is the buying place,” he said. “It’sa through the blessings of geography and professionalservices – law, logistics – that puts us where we As bad as the global recession is, it’s also important to remember that Latijn America is more developed now than duringy previous recessions, “when you had countries sitting on empty coffersw and enormous debt,” said Manuel Mencia, senior VP of international trade and business development at .
we’re heavily reliant on our Latin American marketw forour trade, particularly, from my for foreign exports,” he said. obviously, a downturn in Latinb America has serious implications forSoutyh Florida. So far, the good news has been that the downturnn of our exports has been significantly less than thenationak rate.”
With other countries pressuring President Barack Obama to lift the Cuba casts a long And while the embargo is not likely to end any time the president on April 13 removed all restrictionas on Cubans in America who want to visi or send money to family members residing on the Communist The moveoverturns hard-liner policies that were enacted in 2004 unde President George W. The removal of the travel ban for Cubanws with family had been expectedunder Obama’s pro-engagement agenda, but the Whitwe House said it does not have plans to remove restrictionz for all Americans traveling to the island.
“I don’t thinki we’re going to get there unlesx there’s a sense that the Cuban government is willin to give some kind ofreciprocating gesture,” said Susab Purcell, director of the at the . Tessie whose Miami company, ABC Charters, is one of a handfuo in the U.S. that is licensed to transport travelers to welcomed the announcement and said it could mean that her business improves to the poinr where it was beforethe Bush-era ruled took effect. That could mean her businessd doubles, she said. However, the economy in Americ a could slow down the pace at which her business recoversto pre-Bush rule levels, she added.
“Th e good news is that South Florida residentx who have family on the island can purchase many goode from the retail outlets around our saidJerry Haar, professor of management and international business at (FIU) and a board “The bad news is the economy will limit the amoung they can buy.” Travel agents like Aral got another boost on April 14 when a federall judge in Miami overturned a law passed last year by the Florid a Legislature that requires travelo agencies that specialize in tripsz to Cuba to post bonds and pay higher registratiom fees.
Another point of concermn for South Florida is that economists are predicting thatLatinm America’s economy is contracting more dramatically than In March, economists revised their forecasf for Latin America downward, estimatinb that the region will contract at a rate of 4 percen t this year, instead of the 0.5 of a percent they had previouslyu predicted. This includes a 4.5 percenrt decline for Brazil. With $15 billion in total trade in Brazil isSouth Florida’s largest trading While the spillover may continue to take a toll on Soutnh Florida’s trade, it won’t be a freefall, FIU’s Haar “It’s a slowdown, not a shutdown,” he said.
“It is not There’s a well-developed infrastructure that supportSouth Florida’s trade with Latin America, and this insurew that when Latin American importers ramp up again, they won’g flock to other tradde centers, Haar noted. “South Florida is the of Latinj America. This is the buying place,” he said. “It’sa through the blessings of geography and professionalservices – law, logistics – that puts us where we As bad as the global recession is, it’s also important to remember that Latijn America is more developed now than duringy previous recessions, “when you had countries sitting on empty coffersw and enormous debt,” said Manuel Mencia, senior VP of international trade and business development at .
we’re heavily reliant on our Latin American marketw forour trade, particularly, from my for foreign exports,” he said. obviously, a downturn in Latinb America has serious implications forSoutyh Florida. So far, the good news has been that the downturnn of our exports has been significantly less than thenationak rate.”
Monday, October 17, 2011
Reader letters | Allowing suffering - Louisville Courier-Journal
xoqylyjibo.wordpress.com
Reader letters | Allowing suffering Louisville Courier-Journal Republicans are busy focusing their attention on non-existent problems while millions of Americans suffer from lack of work and fall into poverty. Where are their solutions for America's unemployment crisis? On Thursday, they decided that ... |
Friday, October 14, 2011
National City Mortgage faces possible cuts - St. Louis Business Journal:
ywyjihu.wordpress.com
Spokesman Pat McMahon said PNC (NYSE: PNC) is committec to National City Mortgage and theDayton area, but as a resulg of the merger, it is looking to eliminates 5,800 positions throughout its geographivc presence. PNC now has 2,500 Dayton-area employeesw at both its banking andmortgage operations, but McMahob would not say how many locakl workers would be cut. “We have a significanf presence inMiami Township, but we have said all alonf there would be job impacr as a part of the merged McMahon said. He said PNC is not breakinbg out staff reductions by geographic locatio orbusiness unit, but it will provide informatiobn on “expense reductions” in its quarterly updates.
PNC has a goal of reducingg expensesby $1.2 billion, part of which will come througyh a reduction in employment. McMahonb said it is too early to say what the net outcome will be inMiamii Township, but the company’s long-term strategy is to grow the company and add “We have a meaningfuk presence in the Dayton area. It’s an important markeft and we want to be aggressive McMahon said. As a part of the merger, Nationalp City branch locations in the Dayton area are schedule d to beginbeing re-branded as PNC branches in the first half of 2010.
Spokesman Pat McMahon said PNC (NYSE: PNC) is committec to National City Mortgage and theDayton area, but as a resulg of the merger, it is looking to eliminates 5,800 positions throughout its geographivc presence. PNC now has 2,500 Dayton-area employeesw at both its banking andmortgage operations, but McMahob would not say how many locakl workers would be cut. “We have a significanf presence inMiami Township, but we have said all alonf there would be job impacr as a part of the merged McMahon said. He said PNC is not breakinbg out staff reductions by geographic locatio orbusiness unit, but it will provide informatiobn on “expense reductions” in its quarterly updates.
PNC has a goal of reducingg expensesby $1.2 billion, part of which will come througyh a reduction in employment. McMahonb said it is too early to say what the net outcome will be inMiamii Township, but the company’s long-term strategy is to grow the company and add “We have a meaningfuk presence in the Dayton area. It’s an important markeft and we want to be aggressive McMahon said. As a part of the merger, Nationalp City branch locations in the Dayton area are schedule d to beginbeing re-branded as PNC branches in the first half of 2010.
Wednesday, October 12, 2011
Streamline jumps into black for 1Q - Portland Business Journal:
adamovaichive.blogspot.com
The software company reported net income of or zero centsper share, compared to a net loss of or 9 cents per in the year-ago quarter. Revenuez grew to $3.8 million from $3.6 million. The one analystt who covers the company expected a net loss of 2 centws on revenuesof $3.5 million. Systems sale and service, maintenance and support revenues both rose 12 perceng duringthe quarter, while applicatiom hosting services revenues fell 23 the company said in a news release.
“We continure to make progress in moving this businesd forward to the poin of becomingconsistently profitable; that is our main strategic said CEO Brian Patsy in the In early June, Streamline won a contract valued at more than $1 milliojn to integrate its document workflow solutions into an electronid medical records system at a Canadianb health care region, Patsy It is the second Canadian contract the company has won in the past Despite the better news, share s of Streamline (NASDAQ: followed most tech stocks down on Wednesdauy morning, losing more than 8 percent, or 26 cents, to Streamline Health Solutions, based in Cincinnati, is a supplier of workflo w and document management tools, applications and servicea to businesses, specifically health-care
The software company reported net income of or zero centsper share, compared to a net loss of or 9 cents per in the year-ago quarter. Revenuez grew to $3.8 million from $3.6 million. The one analystt who covers the company expected a net loss of 2 centws on revenuesof $3.5 million. Systems sale and service, maintenance and support revenues both rose 12 perceng duringthe quarter, while applicatiom hosting services revenues fell 23 the company said in a news release.
“We continure to make progress in moving this businesd forward to the poin of becomingconsistently profitable; that is our main strategic said CEO Brian Patsy in the In early June, Streamline won a contract valued at more than $1 milliojn to integrate its document workflow solutions into an electronid medical records system at a Canadianb health care region, Patsy It is the second Canadian contract the company has won in the past Despite the better news, share s of Streamline (NASDAQ: followed most tech stocks down on Wednesdauy morning, losing more than 8 percent, or 26 cents, to Streamline Health Solutions, based in Cincinnati, is a supplier of workflo w and document management tools, applications and servicea to businesses, specifically health-care
Monday, October 10, 2011
William Boyd Printing site sold for $1.3M - Business First of Columbus:
zyluzugizovota.blogspot.com
Ltd., an affiliate of Cos. in Clifton Park, closede on the $1.3 million purchase on June 3. Cass Hill intendz to convert theformer 1.3-acre industrialo site at 39-49 Sheridan Ave. into an office/retail/residentialo project. The property is located behinsthe & Suites on Chape l Street, near the heart of the city’s entertainmenft district. Tony Sabatino of represented the Cass Hill was represented by Eileen Lindbertof /Albany. Marc H. president of Cass Hill Development Cos., couldn’t be reachec for comment. Cass Hill owns several propertiees downtown, including a 30,000-square-foot office building on Monros Street across from the formerprintinyg plant.
Boyd Printing filed for Chapter 11 bankruptcy protection inSeptembe 2005. A federal bankruptcy judge in Marcjh 2008 approved the sale of the buildings to help satisfythe company’se debts. Some of the company’s assetss were purchased by Carl Johnson, an officer at Boyd who opened aseparate corporation, Inc., in Previous deals for the Sheridan Avenue property fizzled before Cass Hill signed a purchase contracty last year.
Ltd., an affiliate of Cos. in Clifton Park, closede on the $1.3 million purchase on June 3. Cass Hill intendz to convert theformer 1.3-acre industrialo site at 39-49 Sheridan Ave. into an office/retail/residentialo project. The property is located behinsthe & Suites on Chape l Street, near the heart of the city’s entertainmenft district. Tony Sabatino of represented the Cass Hill was represented by Eileen Lindbertof /Albany. Marc H. president of Cass Hill Development Cos., couldn’t be reachec for comment. Cass Hill owns several propertiees downtown, including a 30,000-square-foot office building on Monros Street across from the formerprintinyg plant.
Boyd Printing filed for Chapter 11 bankruptcy protection inSeptembe 2005. A federal bankruptcy judge in Marcjh 2008 approved the sale of the buildings to help satisfythe company’se debts. Some of the company’s assetss were purchased by Carl Johnson, an officer at Boyd who opened aseparate corporation, Inc., in Previous deals for the Sheridan Avenue property fizzled before Cass Hill signed a purchase contracty last year.
Saturday, October 8, 2011
Obama fundraiser took active interest in Solyndra loan, emails show - Los Angeles Times
http://www.0et0.com/2006/babynames/bm-bz.html
Los Angeles Times | Obama fundraiser took active interest in Solyndra loan, emails show Los Angeles Times Steven Spinner, an Energy Department advisor whose wife worked for a law firm representing Solyndra, may have done more than simply monitor the progress of the $535-million loan guarantee to the now-bankrupt company, White House emails indicate. ... House GOP: Emails show Energy Dept. thwarted Treasury on Solyndra Emails raise fresh questions on Obama energy loan White House sends Solyndra emails to Congress |
Thursday, October 6, 2011
Second Life's Linden Lab sells virtual realities to businesses - San Francisco Business Times:
http://www.lamontanita.org/culinaryvoyages.htm
Until the middle of last year, Seconfd Life was languishing atabout 500,000 activee users, meaning people who stayed in-worlrd for an hour or more each Company officials attribute much of the recenr growth as well as rising interestf from corporations to their introductio of a voice over Internet technologyh in August 2007 that provides for three dimensionak spatial telephony — meaning that sounds occurring on the left in Secone Life are heard as being on the left by the “You can literally just walk up to a group and engagwe in conversation.
You actually hear the voices of peopl around youin 3-D,” said Joe Miller, vice presiden of platform and technology The company recently announced that througb last month it had transmitted 15 billion minutes of voices activity. “It’s a pretty astounding number,” Miller Second Life averages morethan 50,000 concurrent voicee users, with 700,000 unique users consuming more than a billionn minutes a month. In addition to voice, Secondd Life allows use of streaming video, document sharing and publix and private texting with groupseand individuals.
The platform supports 15 languageszand real-time text chat translators are Linden Lab says it will soon offer companieas the ability to have encrypted conversations on the open Internet and the ability to have peoplew not registered in Second Life call into the worlf by telephone. Industry analyst Ericq Driver believes virtual worlds hold such promisee for businesses that last year she left her job at Forrestedr Researchto co-found a consultin firm, , to focu exclusively on the subject. Seconr Life commands 90 percent of thenascent market, accordingf to Driver, but has numerous competitors, includinbg Forterra Systems of San Mateo, Qwaq of Redwoocd City and Proton Media of Maryland.
Linden Lab is one of her “I wanted to get in on the ground Driver said. Dan Parks, president and creative director ofOrange County-basesd Corporate Planners Unlimited Inc., started a division of his companyy a year ago called that hostz and manages conferences and eventds for companies in Second Life. Last Parks said his phone begahn ringing off the hook as companies suddenly begann looking for ways to eliminate and now Virtualis isthe fastest-growing part of his Parks said he has five people working full time on and another 15 people he pull s in part time to help train new users for “The quality and names of companies have jumped,” he said.
“Allo of the stars and everythinfgaligned perfectly.” Companies that have used Virtualisw include Deloitte, and , which hosted an event with 75 peopl that included team building activitiezs such as a scavenger hunt and a skydivinb competition, Parks said. The Virtualise compound includes a classic conventiohn centerexhibition hall, more than 34,000 square yards of meetinvg rooms with video screens, and the Virtualis Dome, with seatinb capacity for 350 (the largest eventr he’s hosted had 320 people).
Outside, therde are tranquil gardens and fountains, an oceajn vista and a yacht conveniently parked nearby for Virtualis also has a classic board of directors meeting room with a long table and 24leather chairs. To answetr company concerns that participants out in the real worldx might not pay attention tothe in-world goings on, Virtualiw can send periodic messagea to individuals asking them to click on an orb in the centerd of the table. In addition to traditionak corporatemeeting spaces, Virtualis offere more unconventional rooms, such as one where avatars can float on cloud-like chairs surrounded by the Tokyoo skyline at night.
At one the CEO asked for a Ferrarui F50 that he could drive onto a stagre in front ofhis “The hardest thing for most peoplde to grasp is that anything your mind can we can create it here,” Parka said.
Until the middle of last year, Seconfd Life was languishing atabout 500,000 activee users, meaning people who stayed in-worlrd for an hour or more each Company officials attribute much of the recenr growth as well as rising interestf from corporations to their introductio of a voice over Internet technologyh in August 2007 that provides for three dimensionak spatial telephony — meaning that sounds occurring on the left in Secone Life are heard as being on the left by the “You can literally just walk up to a group and engagwe in conversation.
You actually hear the voices of peopl around youin 3-D,” said Joe Miller, vice presiden of platform and technology The company recently announced that througb last month it had transmitted 15 billion minutes of voices activity. “It’s a pretty astounding number,” Miller Second Life averages morethan 50,000 concurrent voicee users, with 700,000 unique users consuming more than a billionn minutes a month. In addition to voice, Secondd Life allows use of streaming video, document sharing and publix and private texting with groupseand individuals.
The platform supports 15 languageszand real-time text chat translators are Linden Lab says it will soon offer companieas the ability to have encrypted conversations on the open Internet and the ability to have peoplew not registered in Second Life call into the worlf by telephone. Industry analyst Ericq Driver believes virtual worlds hold such promisee for businesses that last year she left her job at Forrestedr Researchto co-found a consultin firm, , to focu exclusively on the subject. Seconr Life commands 90 percent of thenascent market, accordingf to Driver, but has numerous competitors, includinbg Forterra Systems of San Mateo, Qwaq of Redwoocd City and Proton Media of Maryland.
Linden Lab is one of her “I wanted to get in on the ground Driver said. Dan Parks, president and creative director ofOrange County-basesd Corporate Planners Unlimited Inc., started a division of his companyy a year ago called that hostz and manages conferences and eventds for companies in Second Life. Last Parks said his phone begahn ringing off the hook as companies suddenly begann looking for ways to eliminate and now Virtualis isthe fastest-growing part of his Parks said he has five people working full time on and another 15 people he pull s in part time to help train new users for “The quality and names of companies have jumped,” he said.
“Allo of the stars and everythinfgaligned perfectly.” Companies that have used Virtualisw include Deloitte, and , which hosted an event with 75 peopl that included team building activitiezs such as a scavenger hunt and a skydivinb competition, Parks said. The Virtualise compound includes a classic conventiohn centerexhibition hall, more than 34,000 square yards of meetinvg rooms with video screens, and the Virtualis Dome, with seatinb capacity for 350 (the largest eventr he’s hosted had 320 people).
Outside, therde are tranquil gardens and fountains, an oceajn vista and a yacht conveniently parked nearby for Virtualis also has a classic board of directors meeting room with a long table and 24leather chairs. To answetr company concerns that participants out in the real worldx might not pay attention tothe in-world goings on, Virtualiw can send periodic messagea to individuals asking them to click on an orb in the centerd of the table. In addition to traditionak corporatemeeting spaces, Virtualis offere more unconventional rooms, such as one where avatars can float on cloud-like chairs surrounded by the Tokyoo skyline at night.
At one the CEO asked for a Ferrarui F50 that he could drive onto a stagre in front ofhis “The hardest thing for most peoplde to grasp is that anything your mind can we can create it here,” Parka said.
Tuesday, October 4, 2011
Relm Wireless gets $1.1M in orders - St. Louis Business Journal:
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million from agencies of the andthe . The ordersz include the company's new digitalp P25 KNG products and itsflagship D-Series digitalo P-25 products. The orders shouls be fulfilled during the second quarterof 2009. APCO Project 25, or P25, requiresz interoperability among compliant equipment regardless ofthe manufacturer. It’s a standard established by the Associationof Public-Safeth Communications Officials and is approvec by the . The shift toward interoperabilit gained momentum as a resultf of significant communications failures during events such asthe 11, 2001, terrorist attacks and Hurricane Relm was among the first manufacturers to develop P25-complianr technology.
Relm Wireless (AMEX: RWC) is a 60-year-olr firm that makes two-way communications equipmentr for public safety professionals andgovernment agencies. Its radios are also used in a wide rang of commercial andindustrial applications. The company is basec in West Melbourne. Relm stocm has traded in a 52-week range between 41 cents and OnMay 21, it was trading at about $1.05.
million from agencies of the andthe . The ordersz include the company's new digitalp P25 KNG products and itsflagship D-Series digitalo P-25 products. The orders shouls be fulfilled during the second quarterof 2009. APCO Project 25, or P25, requiresz interoperability among compliant equipment regardless ofthe manufacturer. It’s a standard established by the Associationof Public-Safeth Communications Officials and is approvec by the . The shift toward interoperabilit gained momentum as a resultf of significant communications failures during events such asthe 11, 2001, terrorist attacks and Hurricane Relm was among the first manufacturers to develop P25-complianr technology.
Relm Wireless (AMEX: RWC) is a 60-year-olr firm that makes two-way communications equipmentr for public safety professionals andgovernment agencies. Its radios are also used in a wide rang of commercial andindustrial applications. The company is basec in West Melbourne. Relm stocm has traded in a 52-week range between 41 cents and OnMay 21, it was trading at about $1.05.
Saturday, October 1, 2011
Defense business gets on the radar with method for quantifying growth - Tampa Bay Business Journal:
framptongeqeaqu1461.blogspot.com
The PCE Florida Aerospace Defense Industry Indexincludes Florida-based companiex with a market value between $1 million and $250 annual revenue of at leastr $500,000, and timely filings with the . Five of the 13 companiees currently included in the index are from theBay (OTC BB: AACS) in (AMEX: AIM) in (OTC BB: BLGA) in Clearwater; ( : in Clearwater; and (OTC BB: in St. Petersburg. The new indedx is the seventh developedby , whicyh is part of the Orlando-based PCE family of companies. It focusezs on aerospace and defense because that sectort is an important part of the Florida especiallycentral Florida, said J. Clay who directs the indexes.
"These kindxs of companies are a mainstay of theFlorida economy," Singletonj said. "They don't get the attention that or Disney do, and they're certainlyy not a household name, but there's a lot of them in Small companies, such as Aerosonic with a market cap ofabout $27.65 million, have a hard time attracting analyst attention, said Mark executive VP of sales and marketing at the aircraff instrument manufacturing firm. He is amon g the executives who welcome the investodr focus the indexcould bring.
"It bringsd attention to what we're doing, and puts us in fronft of people who may have not been awaresof us," said Billy Robinson, CEO of Cyberd Defense Systems. Robinson said inclusion on any indexx is an honor for asmalpl micro-cap and may open opportunitiews for Cyber Defense, whichh designs and develops unmanned air vehicles. Anythinh that helps BlastGard's exposure with the military is welcomed, said Michaepl Gordon, CFO and VP of corporate administration at the which makes materials designed to mitigate the effectsx of explosions andsuppress fires.
The indesx also will provide a window into the hundredxs of privately held companies in the aerospace and defense industruin Florida, for whicu information is hard to come by, said a finance professor at in Winter Park. Many of those privatre companies in the Bay area are drawn by the presence of theat , said Michael an aerospace and defense industry specialist for , a sisteer company to PCE Indexes. The market performance of public companies provide a benchmark for private helping them determine if the time is right to sell the companh or make other majorbusinessx decisions, Langman said.
The aerospace and defensde industry is cyclical but going well atthis time, said who joined PCE about three months ago after workingt on mergers and acquisitionw for and for PricewaterhouseCoopers. Althouguh the new index was officiallt launchedin mid-April, the companies on it had a compositde 9.75 percent gain in value between Sept. 22-March 22. The business jet market is doinbespecially well, said Aerosonic'sd Perkins. "There are a lot of new aircraftf coming intothe marketplace, and small companies like ours have the opportunitg to bring new products Perkins said.
The PCE Florida Aerospace Defense Industry Indexincludes Florida-based companiex with a market value between $1 million and $250 annual revenue of at leastr $500,000, and timely filings with the . Five of the 13 companiees currently included in the index are from theBay (OTC BB: AACS) in (AMEX: AIM) in (OTC BB: BLGA) in Clearwater; ( : in Clearwater; and (OTC BB: in St. Petersburg. The new indedx is the seventh developedby , whicyh is part of the Orlando-based PCE family of companies. It focusezs on aerospace and defense because that sectort is an important part of the Florida especiallycentral Florida, said J. Clay who directs the indexes.
"These kindxs of companies are a mainstay of theFlorida economy," Singletonj said. "They don't get the attention that or Disney do, and they're certainlyy not a household name, but there's a lot of them in Small companies, such as Aerosonic with a market cap ofabout $27.65 million, have a hard time attracting analyst attention, said Mark executive VP of sales and marketing at the aircraff instrument manufacturing firm. He is amon g the executives who welcome the investodr focus the indexcould bring.
"It bringsd attention to what we're doing, and puts us in fronft of people who may have not been awaresof us," said Billy Robinson, CEO of Cyberd Defense Systems. Robinson said inclusion on any indexx is an honor for asmalpl micro-cap and may open opportunitiews for Cyber Defense, whichh designs and develops unmanned air vehicles. Anythinh that helps BlastGard's exposure with the military is welcomed, said Michaepl Gordon, CFO and VP of corporate administration at the which makes materials designed to mitigate the effectsx of explosions andsuppress fires.
The indesx also will provide a window into the hundredxs of privately held companies in the aerospace and defense industruin Florida, for whicu information is hard to come by, said a finance professor at in Winter Park. Many of those privatre companies in the Bay area are drawn by the presence of theat , said Michael an aerospace and defense industry specialist for , a sisteer company to PCE Indexes. The market performance of public companies provide a benchmark for private helping them determine if the time is right to sell the companh or make other majorbusinessx decisions, Langman said.
The aerospace and defensde industry is cyclical but going well atthis time, said who joined PCE about three months ago after workingt on mergers and acquisitionw for and for PricewaterhouseCoopers. Althouguh the new index was officiallt launchedin mid-April, the companies on it had a compositde 9.75 percent gain in value between Sept. 22-March 22. The business jet market is doinbespecially well, said Aerosonic'sd Perkins. "There are a lot of new aircraftf coming intothe marketplace, and small companies like ours have the opportunitg to bring new products Perkins said.
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