| Absolute Software Announces State-Wide Purchasing Contract with State of Georgia
VANCOUVER, Aug. 1 - Absolute Software Corporation ("Absolute"), the leading provider of firmware-based, patented Computer Theft Recovery, Data Protection and Secure Asset Tracking solutions announced that the State of Georgia has signed a state-wide purchase contract with Absolute to encourage and enable state agencies and universities to acquire Absolute's Computrace solutions at a volume discount as part of their "Securing Sensitive Data" initiative. The purchasing contract was negotiated with the Information Technology Contracts and Licensing Administration, a unit within the Office of the Chief Information Officer, in cooperation with the Chief Information Security Officer at the University of Georgia at Athens (UGA) and the UGA Procurement Office.
"We consider this agreement to be a testament to the leadership and commitment of the State of Georgia and its agencies to help protect its employees and residents from mounting computer and data security threats," said John Livingston, Chairman and CEO of Absolute Software.
Orbital Wins $9 Million Contract For Nashville Bus System
Dulles-based Orbital Sciences Corp. has been awarded a $9 million contract to install a tracking system for the Metropolitan Nashville Public Schools in Nashville, TN.The system, which provides navigational guides to school bus drivers, also will help the school district track and manage operations of its 685-vehicle fleet, an Orbital press release said.Orbital TMS, a division of the small rocket manufacturing company, will deliver the system in three stages over 36 months, beginning with the installation of an 800 MHz two-way voice communications radio system in the vehicles.Then, Orbital will install software that uses satellite-delivered positioning information to track vehicles along prescheduled routes at the school district's control center and on the entire fleet of school buses and administrative vehicles.In the last stage, Orbital will install video cameras in the buses."This agreement proves that Orbital's products are beneficial to a variety of transportation services, from public transit systems to highway maintenance vehicles and from private vehicle fleets and light rail systems to large-scale school bus systems, our products make their operations more efficient, improve customer service and add new levels of safety and security for both the operators and the public-at-large," said A.
Business notebook
Settled: Computer chip supplier KLA-Tencor Corp. is the third company to settle allegations of improper backdating of stock options, after being accused by the SEC of concealing more than $200 million in compensation. The Silicon Valley company, which neither admitted nor denied the allegations, was not fined. Big day: Shares of BladeLogic Inc., a Lexington maker of software for data centers, rose 47 percent in their first day of trading as investors bet demand for the company's products will boost sales. The shares rose $8.07 to $25.07, valuing BladeLogic at $649 million. Shrinking verdict: LoJack Corp., a maker of stolen-car tracking devices, will appeal the cuts in a $36.7 million jury award to $1.2 million. The verdict was against a unit of IXYS Corp. in a breach-of-contract case.
New Case Study Highlights OSRAM SYLVANIA’s Recruiting Success with SonicRecruit
02/08/2007
Cytiva Software Inc. (CRX:TSX.V), a leading provider of on-demand recruiting software solutions, announced today the release of a new case study detailing the successful implementation of Cytivas SonicRecruit recruiting software at OSRAM SYLVANIA.
Last September, the well known manufacturer of lighting products chose SonicRecruit over a whos who of talent acquisition vendors. The study covers the 90-day implementation cycle and the impact of the system over the initial portion of the first year of use.
Some of the highlights include
$4,000/week savings from automation of manual resume processing
Increased candidate volume from automated job board posting and source tracking
Increased quality of candidates and faster time to hire metrics
Successful Peoplesoft integration
Compliance with OFCCP rules on Internet candidate searches
Effective involvement of hiring managers and staffing vendors in the recruiting process
To be able to perform a case study with a large manufacturer like OSRAM SYLVANIA, complete with months of data and experience, within 10 months of signing a contract illustrates the value of SonicRecruit.
Absolute Software Reports Year End Fiscal 2007 Results
Vancouver, BC, August 14, 2007--(T-Net)--Absolute Software (TSX: ABT), a leading provider of firmware-based, patented Computer Theft Recovery, Data Protection and Secure Asset Tracking(TM) solutions, announced its financial results for the quarter and year ended June 30, 2007. All dollar amounts are in Canadian dollars unless otherwise stated.
Operational highlights:
- Increased sales contracts by 94% to $16.2 million for Q4-F2007 and by 110% to $47.3 million for the fiscal year
- Increased cash from operations by 254% to $4.5 million for Q4-F2007 and by 302% to $16.9 million for the fiscal year
- Grew subscriptions under contract at June 30, 2007, to approximately 1.6 million, up from 1.2 million at March 31, 2007, and 700,000 at June 30, 2006
- Launched consumer bundle programs with Dell and Gateway
- Increased embedded BIOS partnerships to eight PC OEMs with addition of Panasonic, Motion Computing and Toshiba, and expanded BIOS embedded support with HP and Lenovo to consumer laptops
- Obtained BIOS support in certain Gateway and Dell desktop computers - the first PC OEMs to begin providing desktop BIOS support
- Established an alliance with American Megatrends Inc.
Airtel inks deal with Elbee Express
NEW DELHI: Airtel Enterprise Services, a business unit of Bharti Airtel Ltd, today announced that it has bagged a sales force automation contract from Elbee Express. According to the contract, Airtel would set-up a customized end-to-end sales force automation solution for the pick-up and delivery process of Elbee Express. This win makes Bharti Airtel the first service provider in India to offer a customized solution on an end-to-end basis by providing all components of the service including hardware, software, connectivity, hosting and support for a mobile enabled field force automation solution, Airtel said in a statement. Shirish Gariba, chief information officer, Elbee Express, said, "It not only enhances the productivity of our executives, it will also enhance customer satisfaction and improve our profitability.
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