BetterEditor.org Media News
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Monday, July 9, 2007
Sale of Agor - French B2B Exhibition Business
Sale of Agor - French B2B Exhibition Business
LONDON, July 10/PRNewswire/ -- Emap plc (EMA.L) today announces that it has completed the
sale of its French B2B exhibition business, Agor, to GL events S.A. for a
cash consideration of EUR85m.
Agor's business comprises the retail trade exhibitions
Tradexpo, Print'Or, Orhopa, CFIA and MDD. Emap first entered the French
exhibition market in 2003 through the acquisition of Agor, owner of Tradexpo,
and has built the business through the acquisition of Print'Or in 2003, the
launch of Orhopa in 2005 and the acquisition of JANGIL (owner of the CFIA and
MDD shows) in 2005. In the year to 31 March 2007, the business had revenue of
EUR19.6m and operating profit of EUR6.5m.
Commenting on the sale, Derek Carter, Chief Executive of Emap
Communications, said:
"Over the last four years, Emap has invested some EUR50m in
building Agor into an important player in the French trade exhibition market
and in selling the business we have been successful in realising significant
value for shareholders, delivering a substantial return on our original
investment. We wish the Agor team every success under their new ownership."
Enquiries:
Emap plc : +44-(0)20-7278-1452
Alun Cathcart, Executive Chairman
Ian Griffiths, Group Finance Director
Catherine Nash, Investor Relations Director
Brunswick Group :+44-(0)20-7404-5959
Patrick Handley
Fiona Laffan
Source: Emap Plc
Enquiries: Emap plc : +44-(0)20-7278-1452, Alun Cathcart, Executive Chairman, Ian Griffiths, Group Finance Director, Catherine Nash, Investor Relations Director; Brunswick Group :+44-(0)20-7404-5959, Patrick Handley, Fiona Laffan
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Profile: Media News
Physicians Mutual Recognized by CIO Magazine for Excellence in Information Technology
Physicians Mutual Recognized by CIO Magazine for Excellence in Information Technology
OMAHA, Neb., July 9 /PRNewswire/ -- CIO magazine has selected Physicians Mutual as a recipient of the 2007 CIO 100. The 20th annual award program recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology.
According to Abbie Lundberg, Editor in Chief of CIO magazine, "The CIO 100 award recipients serve as industry role models for business and IT excellence. This year's winners demonstrate extraordinary results in a variety of important areas, including business transformation, collaboration, customer innovation and top line contributions."
"The CIO 100 Award acknowledges Physicians Mutual's on-going commitment to provide our customers with the highest quality insurance products and services. This award recognizes the innovative approach we are taking to business transformation," said Physicians Mutual Chief Information Officer Dan Simpson. "Our approach aligns our people, business processes, data, and technology into an integrated framework that is highly re-usable, flexible, and cost-effective."
The 2007 CIO 100 awards will be presented at the La Costa Resort & Spa in Carlsbad, California, on Aug. 21 at the conclusion of the ninth annual CIO 100 Symposium and Awards Ceremony.
About Physicians Mutual
Physicians Mutual Insurance Company and Physicians Life Insurance Company, a member of the Physicians Mutual family, provide a full portfolio of health and life insurance products, as well as financial products. The companies have total assets exceeding $2 billion.
Both Physicians Mutual and Physicians Life consistently receive high grades from independent insurance analysts. They have an A.M. Best rating of "A (Excellent)," based on financial strength. TheStreet.com Ratings gives Physicians Mutual an "A+ (Excellent)" and Physicians Life an "A- (Excellent)" based on financial security. In addition, Physicians Mutual is one of only two companies to be ranked in the Wards' Top 50 for 16 straight years based on balanced safety, consistency and performance.
Founded in 1902, Physicians Mutual headquarters are in Omaha, Nebraska.
First Call Analyst:
FCMN Contact:
Source: Physicians Mutual Insurance Company
CONTACT: Deb Walton of Physicians Mutual Insurance Company,
+1-402-633-1196
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Profile: Media News
posted by BetterEditor.org #
1:44 PM
Cenveo Completes Purchase of ColorGraphics
Cenveo Completes Purchase of ColorGraphics
Enhances Cenveo's West Coast Operations
Company also announces management appointments
STAMFORD, Conn., July 9 /PRNewswire-FirstCall/ -- Cenveo, Inc. (NYSE:CVO) today announced that it has completed its previously announced purchase of Los Angeles based Madison/Graham ColorGraphics, Inc., one of the largest printers in the western United States.
Robert G. Burton, Chairman and Chief Executive Officer of Cenveo, stated:
"We are excited to have completed this transaction and we have now begun our plan to integrate our companies. This acquisition is part of our long-term business plan to grow our business platform and to be the number one or number two leader in all of the markets we serve.
During my business career, I have completed 59 acquisitions by implementing a low-cost producer business model by reducing purchasing costs and eliminating duplicative costs, which have typically resulted in an improvement of 1.5 to 2.0x on the purchase price multiple. All of the acquisitions that I have been associated with have been accretive, and I feel very confident that we will be able to complete future deals with financing at a reasonable cost that will allow us to continue to acquire strong companies in higher growth segments of our industry. We have consistently delivered our quarterly financial commitment to our shareholders using this same business model starting in 1991 at World Color, then at the Moore Corporation, and now Cenveo. As we successfully close the ColorGraphics transaction and related financing, I continue to believe that we will be able to fund our future acquisition efforts given our track record for delivering our commitments over an extended period of time. "
Mr. Burton also announced today several changes designed to add leadership and financial strength to various parts of the organization. These appointments are designed to leverage the talent of Cenveo's strong financial personnel across the business units and drive further improvement in the Company's Commercial segment.
Effective today, Sean S. Sullivan will be promoted to the newly named position of President of Cenveo's Commercial and Packaging operations. In this role, Mr. Sullivan will be responsible for the day-to-day operations of Cenveo's Commercial and Packaging businesses, which currently comprise over one billion in revenue.
Mr. Burton commented:
"Since our arrival at Cenveo in September 2005, we have spent the majority of our time focusing on restructuring the Company, building what I believe is the industry's strongest management team, re-financing the Company's balance sheet, and positioning it for future growth. Since being appointed CFO of Cenveo on September 12, 2005, Sean has been a key team member behind these initiatives. Now, as the significant components of our financial restructuring are behind us, it is clear that we need to commit additional talent and resources to growing our business. Now that the ColorGraphics acquisition has been completed, we expect that the commercial and packaging markets will become a significant focal point for our future acquisition efforts. I believe Sean Sullivan is the perfect senior executive for this expansion.
Sean is a proven executive who has successfully completed every task I have given him over a ten-year period of time. He fully understands our game plan, and I feel very confident he will be successful in integrating ColorGraphics into the Cenveo organization and delivering committed financial results. Sean has worked with our team since joining World Color in 1997, where he was responsible for our acquisition efforts. He was also a senior executive at the Moore Corporation and the Burton Management Group. Sean will continue to report directly to me, and I expect the same superior performance from Sean today as I did from him yesterday."
Mr. Burton also announced the appointment of Mark S. Hiltwein as Chief Financial Officer.
Mr. Burton added:
"I am also pleased to announce that I have appointed Mark Hiltwein to the role of Executive Vice President and Chief Financial Officer. Mark has a long and outstanding track record in the printing industry. He has successfully performed in many financial positions over the past fifteen years, including the positions of Controller and CFO. He joined the Moore Corporation in December 2000 as Controller and later became CFO and reported directly to me as CEO and Chairman of the Moore Corporation. Mark is well respected by both our investors and customers and will be a welcome addition to our team. He is without a doubt one of the top financial minds that I have worked with over the past thirty years."
Mr. Burton concluded:
"The fact that we can attract and retain this type of senior printing talent such as Sean and Mark speaks to the commitment we have made to our employees and what we stand for as a company. Without a doubt, I believe we have the best senior management team in the entire industry. As we continue to grow the Company, we will constantly give all our employees the opportunity to expand their roles to continue to deliver the type of results that we commit to our shareholders. "
Cenveo (NYSE:CVO), headquartered in Stamford, Connecticut, is a leader in the management and distribution of print and related products and services. The Company provides its customers with low-cost solutions within its core businesses of commercial printing and packaging, envelope, form, and label manufacturing, and publishing; offering one-stop services from design through fulfillment. With over 10,000 employees worldwide, Cenveo delivers everyday for its customers through a network of production, fulfillment, content management, and distribution facilities across the globe.
Statements made in this release, other than those concerning historical financial information, may be considered "forward-looking statements," which are based upon current expectations and involve a number of assumptions, risks and uncertainties that could cause the actual results to differ materially from such forward-looking statements. In view of such uncertainties, investors should not place undue reliance on our forward-looking statements. Such statements speak only as of the date of this release, and we undertake no obligation to update any forward-looking statements made herein. Factors that could cause actual results to differ materially from management's expectations include, without limitation: (1) our substantial indebtedness impairing our financial condition and limiting our ability to incur additional debt; (2) the terms of our indebtedness imposing significant restrictions on our operating and financial flexibility; (3) the potential to incur additional indebtedness, exacerbating the above factors; (4) cross default provisions in our indebtedness, which could cause all of our debt to become due and payable as a result of a default under an unrelated debt instrument; (5) our ability to successfully integrate acquisitions; (6) intense competition in our industry; (7) the absence of long-term customer agreements in our industry, subjecting our business to fluctuations; (8) factors affecting the U.S. postal services impacting demand for our products; (9) increases in paper costs and decreases in its availability; (10) our history of losses and ability to return to consistent profitability; (11) the availability of the Internet and other electronic media affecting demand for our products; (12) our labor relations; (13) compliance with environmental rules and regulations; (14) dependence on key management personnel; and (15) general economic, business and labor conditions. This list of factors is not exhaustive, and new factors may emerge or changes to the foregoing factors may occur that would impact the Company's business. Additional information regarding these and other factors can be found in the Company's periodic filings with the SEC, which are available at http://www.cenveo.com/.
Inquiries from analysts and investors should be directed to Robert G. Burton, Jr. at (203) 595-3005.
First Call Analyst:
FCMN Contact:
Photo:
http://www.newscom.com/cgi-bin/prnh/20070618/CENVEOLOGO
AP Archive:
http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Cenveo, Inc.
CONTACT: Robert G. Burton, Jr. of Cenveo, Inc., +1-203-595-3005
Web site:
http://www.cenveo.com/
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Profile: Media News
posted by BetterEditor.org #
1:12 PM
Effective Word-Of-Mouth Marketing Means Listening, Too
Effective Word-Of-Mouth Marketing Means Listening, Too
Diamond Management & Technology Consultants' Latest Whitepaper Tells How to Harness the Power of Consumer Influence
CHICAGO, July 9 /PRNewswire/ -- From "Lost" and Legos(TM) to Amazon.com(sm) book sellers and Nike(R), marketers are using word-of-mouth marketing methods to get customers talking about their products. But while companies are building all that buzz they may miss out on actually learning from their most passionate customers.
According to Diamond Management & Technology Consultants, Inc. (NASDAQ:DTPI) capturing "voice of the customer" feedback is often lacking when companies launch word-of-mouth marketing campaigns. That is significant because analyzing the feedback from those campaigns can provide valuable insights into the design of future products and services.
Word-of-mouth marketing, in the form of buzz building, viral marketing, grass roots campaigns, and brand blogging, among other techniques, is defined as enabling the process of an individual initiating a communication about a brand, product, or service with another individual or group. Seller feedback posted on Amazon is a classic example. Apple's ability to create a huge amount of online conversation about the iPhone(TM) is a recent success.
"Technology is a huge accelerator and amplifier," said Paul D'Alessandro, a partner at Diamond. "In the past, a dissatisfied customer might influence a few friends and family members. Today a single person with an influential blog can bring a product to its knees in mere hours or days."
In its latest whitepaper on the subject Diamond contends that in constructing an effective two-way word-of-mouth strategy companies must consider the overlaps between the disciplines of marketing and technology. A complete copy of the report, "Word-of-Mouth Marketing: How to Harness the Power of Consumer Influence," is available upon request by sending an email to wordofmouth@diamondconsultants.com.
"Word-of-mouth campaigns should be opening new two-way channels of communication," D'Alessando added. "But the marketing department can't do that alone. It takes the combined power of a company's marketing and technology teams to influence what's being said about their brands and products and to learn more about customer preferences."
It's impossible for the marketing team to read and evaluate everything written in message boards, blogs, forums and user review sites. Technology should be used to measure, synthesize and extract intelligence from online consumer conversations. Advanced text mining and analytics tools can automate the scanning process and help marketers make sense of all the online chatter. The Word-of-Mouth Marketing Association is now trying to standardize WOM measurement terminology.
Don't Start with the Creative Process
Word-of-mouth marketing campaigns can measurably improve product trials, generate sales and engender customer loyalty, D'Alessandro said, but starting with the creative process is a mistake.
"Creating an effective word-of-mouth campaign is not a linear process," said D'Alessandro. "You've got to approach it from two directions, both business and technology. Collaboration between the two disciplines will yield the most impactful results."
The business side of the house typically sets objectives. Word-of-mouth campaigns can be proactive, building awareness or capturing consumer reaction to a product introduction, or reactive, responding to misinformation or pre-empting negative publicity. In either case, the campaign should include means of measuring campaign success.
Targets and methods should be considered in terms of both the product lifecycle and the customer lifecycle. For example, giving away too much information about a new product during the development phase might create a risk of imitation from competitors. If customers who are disappointed with the product experience start sharing their negative views, marketers should have a strategy for countering detractors.
"Technology will have a huge influence on which methods to deploy," said D'Alessandro. "High definition TV, for example, offered the television program 'Lost' the means to present a clue, called 'TiVo moments', to one of its mysteries that prompted a massive spike in activity in online forums. Lego used digital design and animation, an online catalog, and other enabling technologies to create a Lego Digital Designer that attracted new customers and generated greater sales."
On the flip side, technology enables some marketers to gain unfair advantage by gaming online Word-of-mouth programs. For example, an anonymous service known as User/Submitter will -- for a fee -- promote online stories on news recommendation site Digg(sm). Although Digg will attempt to close loopholes by refining its ranking algorithm, abusers will always attempt to stay one step ahead.
"Because the playing field keeps shifting, marketing and technology team members need an ongoing relationship, not just periodic interaction," said D'Alessandro. "This way unfair practices such as algorithm gaming and manipulation of implied consumer sentiment can be better understood and effectively mitigated when necessary."
D'Alessandro suggests that every marketer considering word-of-mouth marketing start by asking six questions.
1. Can I track not only the conversations about my brand and products but
also the relationships between conversations, their individual growth
rates and the underlying drivers of consumer-generated conversations?
2. Why is my ROI from traditional advertising decreasing and how are
other companies reversing this trend?
3. How can I leverage word-of-mouth in my outbound marketing mix to
promote our positioning, amplify our messages and elevate our value
proposition?
4. How will I share the voice of the consumer with the right parts of my
organization's product development lifecycle?
5. Do I understand the role of technology in enabling and measuring
word-of-mouth impact?
6. Do I have an appropriate approach to identify, launch and manage
word-of-mouth campaigns for maximum effect?
About Diamond
Diamond (NASDAQ:DTPI) is a management and technology consulting firm. Recognizing that information and technology shape market dynamics, Diamond's small teams of experts work across functional and organizational boundaries to improve growth and profitability. Since the greatest value in a strategy, and its highest risk, resides in its implementation, Diamond also provides proven execution capabilities. We deliver three critical elements to every project: fact-based objectivity, spirited collaboration, and sustainable results.
To learn more visit http://www.diamondconsultants.com/.
Legos, Amazon.com, Nike, IPhone and Digg are trademarks of Legos, Amazon, Nike, Apple and Digg, respectively.
Contacts:
David Moon
Media Relations
+1.312.255.4560
david.moon@diamondconsultants.com
Margaret Boyce
Investor Relations
+1.312-255-5784
margaret.boyce@diamondconsultants.com
First Call Analyst:
FCMN Contact:
Source: Diamond Management & Technology Consultants, Inc.
CONTACT: Media Relations, David Moon, +1-312-255-4560,
david.moon@diamondconsultants.com, or Investor Relations, Margaret Boyce,
+1-312-255-5784, margaret.boyce@diamondconsultants.com, both of Diamond
Management & Technology Consultants, Inc.
Web site:
http://www.diamondconsultants.com/
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Profile: Media News
Wal-Mart to Help Fans 'Savor the Ending' of Harry Potter and the Deathly Hallows
Wal-Mart to Help Fans 'Savor the Ending' of Harry Potter and the Deathly Hallows
Stores Make Pledge of Silence; Hand Out Ear Plugs in Cities with Most Passion for Potter
BENTONVILLE, Ark., July 9 /PRNewswire-FirstCall/ -- Mid-July could trigger the world's largest read-a-thon! So while self-professed seers share rumors of "who dies" in Harry Potter and the Deathly Hallows, Wal-Mart is ever vigilant in making sure fans from San Jose to San Juan enjoy the book to the very end.
Beginning this week, a million Wal-Mart associates in the U.S. and abroad join fans to make a pledge that once Harry Potter and the Deathly Hallows is released at 12:01 a.m., July 21, the final chapter will not be discussed at registers, in case a customer does not yet know. Fans worldwide have agreed this "silence" is golden for readers, and more than 8,000 already have said they, too, will not spoil the end in chatter, making their pledge at http://www.makethepledge.net/
Some Wal-Mart stores will even hand out ear plugs July 21 for those who immediately need to find a "quiet corner" to read their new book. Such special plans are being made in those cities where a particular Passion for Potter seems to exist.
Based on past book sales, Wal-Mart predicts that cities in these states will likely show the most Passion for Potter again this year, bringing out more muggles at midnight, July 21:
-- Arizona -- Hawaii
-- California -- Missouri
-- Colorado -- Texas
-- Georgia -- Utah
-- Florida -- Virginia
2,900 Midnight Parties, Coast to Coast
All 24-hour Wal-Mart locations will host midnight Potter Parties on Friday July 20. Including new Harry Potter merchandise, Wal-Mart's size allows it to create a "storewide" entertainment experience for fans, including.
-- Upon arrival, stores will "sort" fans into Hogwarts' houses of
Gryffindor, Slytherin, Ravenclaw, or Hufflepuff with color bands to
ensure a place in line for the book;*
-- Fans and associates dressed in their best Harry Potter character
attire;
-- Trivia challenges, refreshments and giveaways throughout the evening;
-- Engaging entertainment throughout the store, including special
features broadcast on Wal-Mart TV.
Fans who don't want to be out with the crowds at midnight can sleep in and save by going to non-24 hour Wal-Mart stores or by pre-ordering at http://www.walmart.com/ with 97 cent shipping.
Millions to take the Harry Potter Pledge
In addition to U.S. plans, Wal-Mart stores in Canada, Puerto Rico, Mexico and in ASDA in the United Kingdom will engage associates in taking the pledge of silence too. The pledge takes effect in all Wal-Mart stores after the midnight 12:01 a.m., July 21 reminding others to safeguard against any chatter that could spoil the end for those who have not yet read the story.
Wal-Mart invites all fans to join the magic and keep the story's end a secret upon the release of Harry Potter and the Deathly Hallows, so each reader can fully enjoy the experience through the end. Fans can take the Harry Potter Pledge on line at http://www.makethepledge.net/ or through http://www.walmart.com/.
The pledge also will be posted in stores near the books and stationery as the countdown the book release begins.
Wal-Mart's Pledge to Harry Potter Fans
There's plenty of excitement brewing,
As the final chapter draws near;
But hearing the story's end from others,
Is what magicals and muggles all fear;
So at Wal-Mart worldwide we've decided,
To make a pledge to our customers that's clear,
We'll keep silent on what we discover July 21,
So you buy without fear of reveal here.
About Wal-Mart Stores, Inc. (NYSE:WMT)
Every week, millions of customers visit Wal-Mart Stores, Supercenters, Neighborhood Markets, and Sam's Club locations across America or log on to its online store at http://www.walmart.com/.
The company and its Foundation are committed to a philosophy of giving back locally. Wal-Mart (NYSE:WMT) is proud to support the causes that are important to customers and associates right in their own neighborhoods, and last year gave more than $270 million to local communities in the United States. To learn more, visit http://www.walmartfacts.com/, http://www.walmartstores.com/, or http://www.walmartfoundation.org/.
*Harry Potter wristband ensures a place in line, but does not guarantee book availability. Purchase(s) can be made while supplies last.
First Call Analyst:
FCMN Contact: pauline.tureman@wal-mart.com
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20070611/WALMARTLOGO1
AP Archive:
http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Wal-Mart Stores, Inc.
CONTACT: Melissa O'Brien, or Tara Raddohl, 1-800-331-0085, both for
Wal-Mart Stores, Inc.
Web site:
http://www.walmartstores.com/
http://www.walmartfoundation.org/
http://www.makethepledge.net/
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Profile: Media News
Lynne Cheney and NEH Chairman Bruce Cole to Announce Award of 'The Pursuit of Happiness' Bookshelves to All D.C. Public Libraries
Lynne Cheney and NEH Chairman Bruce Cole to Announce Award of 'The Pursuit of Happiness' Bookshelves to All D.C. Public Libraries
We The People Bookshelf Program Provides Sets of Classic Books
on American Themes
WHAT: Mrs. Lynne Cheney and National Endowment for the Humanities (NEH)
Chairman Bruce Cole will announce the award of the 2007 We the
People Bookshelf on "The Pursuit of Happiness" to all of the
District of Columbia's public libraries. This is the first time
the We the People Bookshelf has been awarded to the District's
library system. Mrs. Cheney and Chairman Cole will speak to
children at the Anacostia Interim Public Library about the idea of
"The Pursuit of Happiness," as portrayed in classic works of
literature.
WHO: Mrs. Lynne Cheney
Bruce Cole, NEH Chairman
Ginnie Cooper, Chief Librarian, District of Columbia Public
Library
Students from Ambassador Baptist Christian School
WHEN: Wednesday, July 11, 2007
Event begins: 10:00 a.m.
Event concludes: 10:30 a.m. (est.)
WHERE: Anacostia Interim Public Library
1800 Good Hope Road, S.E. at 18th Street, S.E. Washington, D.C.
20020
BACKGROUND: As part of NEH's We the People initiative to encourage and
strengthen the teaching, study, and understanding of American
history and culture, the Endowment is providing classic books to
libraries on themes related to American ideas and ideals. Since
2003, NEH has provided 6,000 sets of books for younger readers (K-
12) to libraries in all fifty states. With titles for readers in
four different grade ranges, the 15 books on this year's We the
People Bookshelf explore the theme of "The Pursuit of Happiness."
The book set includes: Aesop's Fables by Aesop, These Happy Golden
Years by Laura Ingalls Wilder, A Wrinkle in Time by Madeleine
L'Engle, and The Great Gatsby by F. Scott Fitzgerald.
NOTE: All press must RSVP to epruett@neh.gov or 202-606-8446.
Credentialed Media Only. For additional information, please call
202-606-8439.
Created in 1965 as an independent federal agency, the National Endowment for the Humanities supports learning in history, literature, philosophy and other areas of the humanities. NEH grants enrich classroom learning, create and preserve knowledge, and bring ideas to life through public television, radio, new technologies, museum exhibitions, and programs in libraries and other community places.
CONTACT: Elissa Pruett of the National Endowment for the Humanities,
+1-202-606-8446, epruett@neh.gov
PRNewswire-USNewswire -- July 9
First Call Analyst:
FCMN Contact:
Source: National Endowment for the Humanities
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Profile: Media News
Atlas Travel International Launches World's Largest Benchmarking Database
Atlas Travel International Launches World's Largest Benchmarking Database
Atlas Asks: What's your Travel GPA?
MILFORD, Mass., July 9 /PRNewswire/ -- Atlas Travel International, a leading Travel Management Company (TMC), announces the launch of their industry benchmarking service, Travel GPA. Headed by industry veteran and Atlas Travel International Chief Technology Officer, Rock Blanco, Travel GPA offers real-time industry benchmarking utilizing advanced patent pending algorithms to produce a travel report card based on pre-defined goals and metrics.
"For years, Atlas has been leading the way in terms of technology innovation and great professional advice. Today, Travel GPA makes those technology and information resources available to other TMCs and corporate travel buyers," states Blanco. "The strategy is to build the world's largest benchmarking database so all TMCs and their clients can have a diverse travel database available for generating their own report cards on how well their travel program and their TMC is performing."
What is Your Travel GPA?
For the first time, companies can immediately identify how their travel program measures up against other companies in the market place. Travel GPA Report Card provides a real-time analysis of a company's travel program versus others based on similar spend, similar region, or similar industry in one easy to read, consolidated report. Report Card provides three grades to measure performance; Goal Metrics GPA, Industry Benchmark GPA and an overall Travel GPA. "Report Card presents a 360 degree analysis of a company's travel performance based on user defined goals, statistical benchmarks against peers, including air, car rental, and hotel average cost expenditures, and top airline markets and carrier comparisons, to arrive at an overall grade point average," stated Blanco. "In the end you are given a rating in each category that ranges from 'Needs Improvement' to 'Excellent' -- giving you exact knowledge of how you stack up against your peers."
Building the Largest Benchmarking Database
Utilizing real-time data from TMCs around the globe, Report Card provides an up to the moment picture of how well your travel program is being managed and how you rate nationally and globally. At initial launch, seven major TMCs will be participating in the benchmarking process. In total this represents nearly $1 billion in annual travel transaction data with corporate spend ranging in size from $100,000 to more than $30 million. "With Report Card's richly detailed reports, Casto Travel will be able to provide first class account management services to our customers," states Marc Casto, president of Casto Travel. "We believe that Report Card will further demonstrate to our customers the value we provide as their TMC."
Travel GPA is slated for release to all TMCs in late summer 2007. Initially, TMCs will need to subscribe to Cornerstone's iBank Travel Management System. According to Blanco, "Cornerstone is an excellent partner for us to work with. We use the data distribution capability in their iBank reporting and analysis application to quickly aggregate massive amounts of travel data and deliver a much-needed service to the TMC community and the companies that they service. We are able to leverage years of industry knowledge and transaction data in just seconds."
"Travel GPA is a great service that fills a significant need in the industry and that is to better understand and evaluate a travel program," stated Mat Orrego, president and CEO of Cornerstone Information Systems. "By leveraging both companies' technology and travel expertise, Travel GPA quickly provides a solution to the market that's both cost effective and innovative."
For TMCs and Corporate Travel Managers
Travel GPA will provide Report Card services to both TMCs and corporate travel managers. Travel GPA is available through an annual subscription service that includes unlimited report cards for unlimited end users. An additional service option will be available to allow TMCs to generate report cards for individual accounts on an ad-hoc basis. "Our philosophy is simple; companies should keep their travel agency, but get the best advice they can. That is where Travel GPA comes in," says Elaine Osgood, president of Atlas Travel. "For TMCs that are doing a great job with a customer, this is a way to re-assure them of that fact. Report Card is an unvarnished, third party review of how you are doing and it gives corporate customers a real measuring stick of their performance."
About Atlas Travel & Travel GPA
Celebrating more than 20 years in business, Atlas Travel International is one of the largest travel management companies in the United States serving more than 500 corporate customers. Honored as a leader in the travel industry, founder Elaine Osgood was the 2006 New England Ernst & Young Entrepreneur of the Year and named one of the "100 Most Powerful Women in Travel" by Travel Agent Magazine. Travel GPA leverages two of the Atlas' broad strengths; Technology and Information Management. Industry technology veteran, Rock Blanco leads this talented group and works with each customer to find solutions that are built around what they need, when they need it and how they will use it.
For more information on Atlas Travel or Travel GPA:
http://www.atlastravel.com/http://www.travelgpa.com/
First Call Analyst:
FCMN Contact:
Source: Atlas Travel International
CONTACT: Jeni Miller of K Squared Communications, Inc., +1-847-401-0479,
jkaiser@ksqrd.com, for Atlas Travel International
Web site:
http://www.atlastravel.com/
http://www.travelgpa.com/
NOTE TO EDITORS: Interviews and demos with Rock Blanco are available
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Profile: Media News
NJATC Announces Publication of Electrical Industry's First Photovoltaic Systems Textbook
NJATC Announces Publication of Electrical Industry's First Photovoltaic Systems Textbook
BETHESDA, Md., July 9 /PRNewswire/ -- The National Joint Apprenticeship and Training Committee for the Electrical Industry (NJATC) announced the publication of a groundbreaking work, Photovoltaic Systems -- the first comprehensive guide to the installation of commercial and residential solar energy systems.
Says Todd Stafford, senior director of instrumentation, alternative energy and International Training Center operations for NJATC, "Renewable resources such as solar power have become increasingly important, but no authoritative reference to the design, installation and evaluation of photovoltaic (PV) systems existed within the industry. This work is not just the first but the only textbook currently available in the field."
Authored by Jim Dunlop, leading renewable energy expert and curriculum specialist for NJATC, with Stafford as technical editor, the textbook covers the principles of photovoltaics -- the direct conversion of solar energy into electricity -- and how to effectively incorporate it into stand-alone or utility-connected electrical systems. Detailed illustrations clarify the concepts behind PV-system operation, while photographs of actual installations show how components are integrated to form complete PV systems. What's more, an accompanying CD-ROM provides interactive worksheets, quizzes, calculators, video clips and animated graphics depicting PV principles and operation and links to additional resources. The work is published and available through American Technical Publications.
Explains Stafford, NJATC -- a joint program of the International Brotherhood of Electrical Workers (IBEW) and the National Electrical Contractors Association (NECA) - has been training journeymen in the design and installation of solar energy systems for more than a decade. "The new textbook is the culmination of years of experience, and now stands at the center of our training, together with other specially developed course materials" says Stafford, "Our journeymen come to the course with thousands of hours of experience in wiring and general construction. Our course marries those skill sets to the creation of state-of-the-art solar energy systems. It's the only course of its kind in the industry, and it's producing the highly skilled workers creating today's efficient and cost-effective PV systems."
ABOUT IBEW, NECA and NJATC
Through their joint marketing organization -- the National Labor- Management Cooperation Committee (NLMCC) of the organized electrical construction industry -- NECA and IBEW together work to:
-- Reach customers with accurate information about the industry; and
-- Achieve better internal communication between labor and management.
With 750,000 members who work in a wide variety of fields -- including construction, utilities, telecommunications and manufacturing -- the International Brotherhood of Electrical Workers is among the largest member unions in the AFL-CIO. The IBEW was founded in 1891. For more information, visit www.ibew.org.
Voice of the $100 billion industry responsible for bringing lighting, power and communications to buildings and communities across the United States, the National Electrical Contractors Association was founded in 1901. NECA's national office and 119 local chapters advance the industry through advocacy, education, research and standards development. For more information, visit www.necanet.org.
The mission of the National Joint Apprenticeship and Training Committee (NJATC) is to develop and standardize training to educate the members of the IBEW and NECA, ensuring and providing the electrical construction industry with the most highly trained and highly skilled workforce possible. For more information, visit www.njatc.org.
Source: NECA and IBEW
CONTACT: Mark Walston of Concept Foundry for National Joint
Apprenticeship and Training Committee, +1-301-907-7201,
mwalston@conceptfoundry.com
Web site:
http://www.ibew.org/
http://www.njatc.org/
http://www.necanet.org/
-------
Profile: Media News
posted by BetterEditor.org #
8:50 AM
Verathon Inc., Recognized as Outstanding Workplace in Washington State
Verathon Inc., Recognized as Outstanding Workplace in Washington State
Seattle Area Business Media Commend Company for Benefits
BOTHELL, Wash., July 9 /PRNewswire/ -- Verathon(R) (formerly Diagnostic Ultrasound Corp.), the maker of BladderScan(R) bladder volume instruments and GlideScope(R) video laryngoscopes announced today the company's selection as one of the "Best Companies To Work For" in 2007 by both Washington CEO magazine and Seattle Business Monthly. Verathon was selected from more than 200 small, medium and large companies nominated, as one of the best medium-sized companies (those with 100 to 499 employees) to work for in Washington State, with only 34 medium sized companies included in the Washington CEO Top 100, and just 12 recognized by Seattle Business Monthly.
(Logo:
http://www.newscom.com/cgi-bin/prnh/20061011/SFW044LOGO )
"Verathon is very pleased to be acknowledged by both Washington CEO Magazine and Seattle Business Monthly as one of the "Best Places to Work" in Washington State," stated Gerald McMorrow, founder, CEO and chairman of the board of Verathon. "Our business growth has allowed us to provide terrific career opportunities to our employees, as well as competitive compensation and benefits. Verathon offers a dynamic, entrepreneurial environment for employees to contribute and expand their skills, and fosters a culture that encourages innovation and teamwork."
McMorrow continued, "Our employees are the lifeblood of our business. By producing innovative, reliable medical devices, our employees recognize they make a difference in the lives of healthcare providers and their patients every day."
The nomination process for "Best Places to Work For" included the initial nomination by an employee, company-wide employee surveys and completion of a corporate profile by management. Employees were asked to rate the company by completing a confidential online survey designed to measure workplace strengths and weaknesses, and capture employees' opinions about work life. The topics covered included communication; training and education; responsibility and decision-making; performance standards; rewards and recognition; benefits; leadership; work environment; hiring and retention; and corporate culture. In addition, company management was asked to complete a corporate profile, which included ratings. Using both employee survey results and the corporate profile, an independent panel of qualified judges reviewed and scored company entries by size. In the medium-size category, Washington CEO magazine ranked Verathon 16th out of 34 companies and Seattle Business Monthly ranked Verathon 8th out of 12 companies listed.
About Verathon Inc.
Verathon(R), formerly Diagnostic Ultrasound Corp., designs and manufactures reliable, state-of-the-art medical devices and services that offer a meaningful improvement in patient care to the health care community. The company's noninvasive BladderScan(R)instrument is the standard of care for bladder volume measurement. The brand is found in over 60 countries in Urology and Primary Care practices, as well as Acute and Extended Care facilities. With the January 2006 acquisition of Saturn Biomedical Systems in Vancouver, Canada, Verathon(R) entered Anesthesiology, Critical Care and Emergency markets with the GlideScope(R) video laryngoscope (GVL(R)) brand. Verathon(R) is headquartered in Bothell, Washington and has approximately 280 employees worldwide. For more information, please visit www.verathon.com.
Media Contact: Jane Mueller, VP of Marketing, Verathon Medical Inc., 425.867.1348, Ext. 6060. Also: Carol Klimas, OffMadisonAve, 480.505.4527. Alternate Contacts: Joyce Chee - Marketing, 425.867.1348 Ext. 6064; Jessica McNerney, Executive Assistant to Gerald McMorrow, Verathon Inc., 425.867.1348, Ext. 1448.
Copyright 2007, Verathon Inc. BladderScan(R), GlideScope(R), GVL(R), Verathon(R), and Verathon Medical(R) are either registered trademarks or trademarks of Verathon Inc. in the United States and/or other countries. All rights reserved.
Photo: NewsCom:
http://www.newscom.com/cgi-bin/prnh/20061011/SFW044LOGO
AP Archive:
http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Verathon Inc.
CONTACT: Jane Mueller, VP of Marketing, Verathon Medical Inc.,
+1-425-867-1348, ext. 6060.; or Carol Klimas, OffMadisonAve, +1-480-505-4527;
or Joyce Chee - Marketing, +1-425-867-1348 ext. 6064; or Jessica McNerney,
Executive Assistant to Gerald McMorrow, Verathon Inc., +1-425-867-1348, ext.
1448.
Web site:
http://www.verathon.com/
-------
Profile: Media News
posted by BetterEditor.org #
8:32 AM
More People Rely on Edelman Financial Than Any Other Firm, According to Survey by Wealth Manager Magazine
More People Rely on Edelman Financial Than Any Other Firm, According to Survey by Wealth Manager Magazine
FAIRFAX, Va., July 9 /PRNewswire/ -- Edelman Financial Services LLC is the largest financial advisory firm in the country based on number of clients served, according to Wealth Manager magazine's annual ranking of 464 financial service companies surveyed.
The magazine's 7th annual "Top Dog Report" is published in its July/August 2007 edition.
The survey indicates Edelman Financial Services has more than twice the number of clients -- 7,870 -- as the next-largest firm. The data also show that EFS has the industry's largest support staff, and the third-best support- to-professional staff ratio, which explains how the company is able to provide such a high degree of service to each of its clients. The firm is also 11th largest based on total assets under management.
"We are thrilled to be the firm helping the most individuals and families with their investments and financial planning," said Ric Edelman, EFS founder and chairman.
Interestingly, Edelman Financial's average customer account is only $411,000, ranking the firm at No. 456 out of 464. In comparison, clients at the top five companies invested an average of $52 million to $121 million.
"The listing illustrates the success of our corporate philosophy," said Edelman. "We don't have account minimums; you don't need $50 million to become our client. We're here to provide real world advice for people who want financial security for themselves and their families."
Edelman founded EFS in 1987. A No. 1 best-selling author, his five books include the personal finance classic, The Truth About Money. His newest book, The Lies About Money, will be published in October by Simon & Schuster. Edelman hosts a weekly radio show syndicated nationally by ABC Radio. (Visit http://www.ricedelman.com/ for air times.)
About Ric Edelman
Ric Edelman has been providing financial advice to consumers for over 20 years. He hosts The Ric Edelman Show heard on the ABC Radio Networks, and is the best-selling author of five books including Ordinary People, Extraordinary Wealth and the personal finance classic The Truth About Money. His sixth book, The Lies About Money, will be published in October 2007 by Simon & Schuster. Ric also writes a syndicated newspaper advice column for United Media. His firm, Edelman Financial Services LLC, manages $3.5 billion for consumers nationwide, and is winner of more than 60 awards. Barron's has four times (2004-2007) ranked him among America's 100 top financial advisors, and Research Magazine inducted him into its Financial Advisor Hall of Fame in 2004. Ric served two years as chairman of the board of the United Way of the National Capital Area. For more of Ric's common sense financial advice, visit him online at http://www.ricedelman.com/.
First Call Analyst:
FCMN Contact:
Source: Edelman Financial Services LLC
CONTACT: Mark Bagley of Edelman Financial Services LLC, +1-703-227-0541,
mbagley@RicEdelman.com
Web site:
http://www.ricedelman.com/
-------
Profile: Media News
posted by BetterEditor.org #
8:10 AM
McGraw-Hill Higher Education Delivers Interactive Learning for iPod
McGraw-Hill Higher Education Delivers Interactive Learning for iPod
NEW YORK, July 9 /PRNewswire/ -- College instructors now have the capability to quickly access millions of questions and deliver them in the form of student quizzes via iPod. McGraw-Hill Higher Education, a premier provider of print and digital teaching and learning solutions for the post- secondary and higher education markets, is the first major educational publisher to offer college-level content for the iQuiz game application, recently launched by Apple and designed for iPod. iQuiz is available from the iTunes Store for $.99 and works with all fifth generation iPods.
Any instructor who uses McGraw-Hill Higher Education's EZ Test Online program can create and deliver multiple-choice or true/false quiz questions using iQuiz for iPod. EZ Test Online combines high quality content with the ability to prepare and deliver tests to students in a variety of ways. To set up and deliver a quiz to students via iPod, instructors simply press the iQuiz button in EZ Test Online to export a quiz ready for use with iQuiz. Once students download the quiz into their iPod, they can use the interactive iQuiz to practice and learn the content specific for their course. Students can quickly self-assess and receive their quiz scores instantly.
"McGraw-Hill continues to adapt its content to the latest technologies, providing new and more interactive ways to enhance instruction and student learning, and help drive academic achievement," said Jeremy Singer, president of McGraw-Hill Higher Education Digital Products. "The content that McGraw- Hill offers through EZ Test Online and now iQuiz is just one more example of how we're developing learning solutions that meet the needs of students, regardless of their different learning styles. And with advancements in how today's students learn, delivering McGraw-Hill content to iPod supports students' needs for mobile learning tools."
EZ Test Online is accessible to busy instructors virtually anywhere via the Web, and the program eliminates the need for them to install test software. EZ Test Online may be used with McGraw-Hill textbooks, which are available in hundreds of academic courses. It gives instructors access to hundreds of textbook question banks and millions of questions when creating their tests and quizzes. When tests are created and delivered with EZ Test Online, each one is immediately scored, saving instructors valuable time and allowing them to quickly give test feedback to students. EZ Test Online meets all of the needs of instructors and supports their increasing expectation for ubiquitous availability of content and services. The program was specially built to serve high volumes of students, providing reliable and stable service when large numbers of tests are delivered simultaneously.
Instructors can register for EZ Test Online by visiting http://www.eztestonline.com/.
McGraw-Hill Higher Education offers an array of digital products and learning tools designed to provide new paths to educational success for students and instructors. Developed by leading experts in content development and instructional technology, McGraw-Hill's digital products and services include online courses, homework management programs, tutoring, assessment solutions and additional resources for students such as content and online learning resources.
About McGraw-Hill Higher Education
McGraw-Hill Higher Education is a premier provider of teaching and learning solutions for the post-secondary and higher education markets worldwide. It is a unit of McGraw-Hill Education, a leading global provider of instructional, assessment and reference solutions that empower professionals and students of all ages. McGraw-Hill Education, a division of The McGraw-Hill Companies (NYSE:MHP) has offices in 33 countries and publishes in more than 40 languages. Additional information is available at http://www.mheducation.com/.
First Call Analyst:
FCMN Contact:
Source: McGraw-Hill Higher Education
CONTACT: Tom Stanton
McGraw-Hill Education
+1-212-904-3214
Tom_Stanton@McGraw-Hill.com
Web site:
http://www.mheducation.com/
http://www.eztestonline.com/
-------
Profile: Media News
posted by BetterEditor.org #
7:42 AM
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