| 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.
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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.
Latest Version of Livelink ECM ? Contract Lifecycle Management
Open Text Corporation has announced the latest version of Livelink ECM-Contract Lifecycle Management. The solution is designed to help businesses reduce operating costs and enable compliance with internal and external policies and regulations. Livelink ECM - Contract Lifecycle Management is designed for organizations to have a solution to automate and manage contract processes from creation of individual clauses to secure collaboration during the negotiation process; proactive alerts for contracts that require review and tracking of clauses, renewal dates and terms; and retention, archival and disposition of contracts to satisfy compliance, legal and business policy requirements. The solution also integrates with a variety of enterprises systems so that contract content can be made available in other environments.
Indian gold futures down on foreign worries
MUMBAI (Reuters) - Indian gold futures were down on Monday tracking a fall overseas and commodity brokerages said prices may stay within a range until uncertainty in global financial markets eases. "There is a bit of a panic situation due to falls in the global equity markets," said Harish Galipelli, head of research at Karvy Comtrade Ltd. "So people will try to avoid trading for now." Falls in equity and credit markets are spelling trouble for gold as it is making investors nervous about the possibility of similar falls in commodities, analysts said. Investors are therefore waiting for clearer cues on the future direction of prices, the analysts said. Another analyst at IL&FS Investsmart Commodities Ltd. said the near month contract on the Multi Commodity Exchange of India Ltd.
Houston OKs high-tech tracking of probationers
The Houston County Board of Commissioners voted Tuesday to employ new technology in tracking individuals on court probation. The board voted unanimously to change the contract with its probation company, Sentinel, to allow for monitoring of some probationers using global positioning system technology and alcohol monitoring bracelets. Sentinel has previously been contracted to monitor up to 50 probationers with electronic ankle bracelets and telephone checks. Each day, information from the ankle bracelets is downloaded via telephone, and that would tell probation officers whether the probationer had any unauthorized movement. The difference with the GPS technology, County Administrator Steve Engle explained, is that it would allow officers to track the location of a probationer at any given moment.
DRAMeXchange sees DRAM chip price peak in September
FRANKFURT, Aug 14 (Reuters) - Prices for DRAM computer memory chips are expected to peak in September before supplies increase again when chipmakers allocate more capacity to DRAM and complete transitions to new technologies, DRAMeXchange said. Contract prices for standard DRAM chips rose 3-5 percent in the first half of August after steep falls in the second quarter, but demand in the spot market was weak as some DRAM and module makers had accumulated significant inventory. "While the hot PC selling season has arrived, end demand from the spot market has remained relatively weak," the semiconductor price-tracking organisation said on Tuesday. "Although conditions have improved recently in the spot market when compared to the previous month, prices have not experienced an upswing." DRAMeXchange forecast that 69 million desktop and notebook computers would be shipped this quarter, a 15 percent increase over the second quarter.
Intelligentias, Inc. Subsidiary Announces New Contract
SAN FRANCISCO, Aug. 9 /PRNewswire-FirstCall/ -- Intelligentias, (Nachrichten) Inc. (BULLETIN BOARD: ITLI), a growing force in the homeland security industry providing data retention, tracking, interception, testing, monitoring and investigatory services for telecommunications companies, Internet service providers (ISPs), government agencies and law enforcement agencies around the world, announced today that its Datakom portfolio company has sold its Gigabit Ethernet Monitoring Solution to the largest ISP in Germany.
"The high performance, functionality and reporting capabilities of Datakom's solution will enable the largest ISP in Germany to keep its services working properly and its subscribers happy. This contract win is a great accomplishment for Datakom," said Paul Hoffman, Managing Director and Founder of Datakom.
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