Tech News
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Tech Data Earns Top Marks in 2016 Corporate Equality Index
CLEARWATER, Fla., Nov. 18, 2015 (GLOBE NEWSWIRE) -- Tech Data Corporation (Nasdaq:TECD) today announced that it has received a perfect score of 100 percent on the 2016 Corporate Equality Index (CEI), earning the distinction of being a "Best Place to Work for LGBT Equality." This marks the eleventh straight year that Tech Data has earned a perfect score on the CEI, a national benchmarking survey and report on corporate policies and practices related to LGBT workplace equality that is administered by the Human Rights Campaign (HRC) Foundation.
"We are proud to be recognized as one of the best places to work for LGBT equality," said Beth Simonetti, senior vice president and Chief Human Resources Officer at Tech Data. "In order to increase recruitment, retention and employee engagement, Tech Data has created a culture that is inclusive of all people. Earning a perfect score on the CEI for the eleventh straight year demonstrates our ongoing commitment to diversity and inclusion in the workplace."
"In this 2016 Corporate Equality Index, hundreds of major businesses responded to our new standards for workplace equality with exceptional leadership," Deena Fidas, director, Workplace Equality Program at HRC Foundation. "Tech Data not only meets these standards, it goes above and beyond the call of duty, making commitment to equality a fundamental aspect of its corporate values."
Tech Data is one of 407 major U.S. businesses that also earned top marks this year. The 2016 CEI rated 1,027 businesses in the report, which evaluates LGBT-related policies and practices including non-discrimination workplace protections, domestic partner benefits, transgender-inclusive health care benefits, competency programs, and public engagement with the LGBT community. Tech Data's efforts in satisfying all of the CEI's criteria resulted in its 100 percent ranking and designation as a Best Place to Work for LGBT Equality.
For more information on the 2016 CEI, or to download a free copy of the report, visit www.hrc.org/cei.
About The Human Rights Campaign
The Human Rights Campaign is America's largest civil rights organization working to achieve lesbian, gay, bisexual and transgender equality. By inspiring and engaging all Americans, HRC strives to end discrimination against LGBT citizens and realize a nation that achieves fundamental fairness and equality for all.
About Tech Data
Tech Data Corporation is one of the world's largest wholesale distributors of technology products, services and solutions. Its advanced logistics capabilities and value added services enable 115,000 resellers to efficiently and cost effectively support the diverse technology needs of end users in more than 100 countries. Tech Data generated $27.7 billion in net sales for the fiscal year ended January 31, 2015. It is ranked No. 107 on the Fortune 500® and one of Fortune's "World's Most Admired Companies." To learn more, visit www.techdata.com, or follow us on Facebook and Twitter.
CONTACT: MEDIA CONTACT Amanda Lee Public Relations Manager (727) 538-5803 amanda.lee@techdata.com
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Haivision Leads Enterprise Video Market with Record Annual Revenue of $56.4 Million
MONTREAL, Nov. 18, 2015 (GLOBE NEWSWIRE) -- Haivision, a market leader in video streaming and media management solutions, today announced revenue results for the company's fiscal year ending October 31, 2015.
Haivision's 2015 annual revenue surpassed $56 million, representing 33 percent growth over 2014 while also delivering its eighth consecutive year of profitability. Fueled by three year Compounded Annual Growth Rate (CAGR) of 112 percent in SaaS software sales, the Haivision Video Cloud is one of the fastest growing online video platforms. Nearly 30 percent of the company's overall revenue is attributed to recurring SaaS-based solutions and services.
"Our proven track record of sustained growth and profitability speaks volumes to the strength of our people and the ability of our management team to successfully execute in this competitive and high growth market," said Mirko Wicha, President and CEO of Haivision. "We have accomplished this without any private equity or venture capital investment, which is remarkable in this industry."
A private company that provides both software and services, Haivision was founded in 2004 to solve the challenges of using video in business environments. Today, Haivision powers video systems at 35 of the top Fortune 100 companies and delivers solutions for successful and impactful video experiences that work over any bandwidth, network and IT infrastructure, ensuring companies can inform, engage and empower employees.
Haivision's 2015 success is highlighted by:- A growing number of Fortune 500 companies and industry-leading enterprises rely on Haivision's video solutions. A few of Haivision's new enterprise customers include: Aetna, Airbus, Allstate, BP, Farmers Insurance Group, Fidelity Investments, Follett Corporation, GlaxoSmithKline, Grant Thornton, Hasbro, Noble Energy, RBC, Scotiabank and State Street Corporation.
- Strategic technology partnerships and the availability of cloud-based video solutions in the Microsoft Azure marketplace and on Amazon's AWS Marketplace.
- Recognition for six consecutive years by Deloitte as one of the fastest-growing companies in the Technology Fast 50 and Fast 500.
- Named one of the fastest-growing companies in 2015 by Profit Magazine.
About Haivision
Haivision, a private company founded in 2004, provides media management and video streaming solutions that help the world's leading organizations communicate, collaborate and educate. Haivision is recognized as one of the most influential companies in video by Streaming Media and one of the fastest growing companies by Deloitte's Technology Fast 500. Haivision is headquartered in Montreal and Chicago, with regional offices located throughout the United States, Europe, Asia and South America. Learn more about Haivision at haivision.com, LinkedIn, Twitter, Facebook and on our Video Wall.
CONTACT: PR and Communications Manager Jennifer Gazin 514.334.5445 x8309 jgazin(at)haivision.com
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Epazz Reports Positive EBITDA of $77,568 for Second Quarter of 2015
CHICAGO, Nov. 18, 2015 (GLOBE NEWSWIRE) -- Epazz, Inc. (OTCPINK:EPAZ), a leading provider of cloud-based business software solutions, announced today that it has reported positive EBITDA of $77,568, compared to negative EBITDA of $105,571 for the three months ending June 30, 2015, an increase of $183,139 or 173% from the comparative period.
The company has been making improvements in operations during 2015 which is starting to appeared the second quarter. The company has been consolidating services and operations of our subsidiaries into our Chicago operations allowing for cost savings. The company is then reinvesting our savings back into the company’s operations allowing for additional long-term cost savings.
“We are increasing our revenues and decreasing our costs, thereby creating a positive EBIDTA. We believe we can finish the year strong,” says Shaun Passley, PhD, CEO of Epazz, Inc.
About Epazz, Inc.
Epazz, Inc. is a leading cloud-based software company that specializes in providing customized cloud applications to the corporate world, higher-education institutions, and the public sector. Epazz BoxesOS™ v3.0 is the complete web-based business software package for small- to midsized businesses, Fortune 500 enterprises, government agencies, and higher-education institutions. BoxesOS provides many of the web-based applications organizations would have to otherwise buy separately. Epazz’s other products are AgentPower™, a workforce management software; AutoHire™, an applicant tracking system; and Cynergy, help desk software.
Safe Harbor
“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained in this press release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of forward-looking statements such as “may,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” or “continue” (or the negative thereof) or similar terminology. Such forward-looking statements are subject to risk, uncertainties, and other factors that could cause actual results to differ materially from future results or results implied by such forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance, and that actual results may differ materially from those contemplated by such forward-looking statements. Epazz assumes no obligation, does not intend to update these forward-looking statements, and takes no obligation to update or correct information prepared by third parties that are not paid for by Epazz.Investors are encouraged to review Epazz’s public filings on SEC.gov, including its unaudited and audited financial statements, and its Registration Statement, Form 10-Ks, and Form 10-Qs, which contain general business information about the company’s operations, results of operations, and risks associated with the company and its operations. Penny stock picks need to be researched. Do your homework. Please review all of our filings.
CONTACT: For more information please contact:Epazz Inc.Investor Relationsinvestors@epazz.net(312) 955-8161www.epazz.com/investors.aspx
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Proofpoint Joins Open Information Security Foundation, Reinforces Open Source Commitment
SUNNYVALE, Calif., Nov. 18, 2015 (GLOBE NEWSWIRE) -- Proofpoint, Inc., (NASDAQ:PFPT), a leading next-generation cybersecurity company, announced it has joined the Open Information Security Foundation (OISF) as a platinum member, underscoring its ongoing support for open source security initiatives. Building on its acquisition of deep threat intelligence provider, Emerging Threats, Proofpoint remains committed to enabling organizations worldwide to stay protected from today's most sophisticated targeted attacks and advanced malware.
"Cyberattacks are constantly evolving—and combating them requires engagement between government agencies, private companies, and open source communities," said Gary Steele, Proofpoint CEO. "Proofpoint has a history of making use of and contributing to open source initiatives. Our involvement in the Open Information Security Foundation is an extension of our dedication to the success of Suricata and the Emerging Threats community."
The OISF formed in 2009 to develop Suricata, an open source IDS engine that functions as an intrusion detection system, intrusion prevention system and network security monitoring solution. Proofpoint provides the only Suricata-focused ruleset and maintains the quality assurance and distribution infrastructure for the Proofpoint ET Open IPS/IDS ruleset. More than 20,000 organizations and individuals rely on the ruleset, which is distributed daily at no cost and is known for providing one of the world's top sources for threat intelligence on major malware detection and prevention.
The Proofpoint ET Open IPS/IDS ruleset collects submissions from one of the largest and most active IDS/IPS rule-writing communities and includes never-seen-before threats. This continually updated list of rules enables monitoring engines to automatically detect and block known, advanced threats. Approximately five years ago, Emerging Threats launched what is now the Proofpoint ET Pro Ruleset, a commercial ruleset atop the open IDS ruleset and added support for the Suricata platform. The Proofpoint research team tests all rules for optimum performance and accurate detection.
"With the complexity of the threat landscape continuing to increase, the mission of the OISF is more important than ever," said Matthew Jonkman, vice president of Emerging Threats Research for Proofpoint, and OISF President. "With the support of Proofpoint, I look forward to continuing to help guide the OISF and ensure the development of Suricata."
Please visit www.oisf.net for more information on the Open Information Security Foundation. For additional information on Proofpoint ET Pro Ruleset, please visit http://www.emergingthreats.net/products/etpro-ruleset.
About Proofpoint, Inc.
Proofpoint Inc. (NASDAQ:PFPT) is a leading next-generation security and compliance company that provides cloud-based solutions for comprehensive threat protection, incident response, secure communications, social media and mobile security, compliance, archiving and governance. Organizations around the world depend on Proofpoint's expertise, patented technologies and on-demand delivery system. Proofpoint protects against phishing, malware and spam, while safeguarding privacy, encrypting sensitive information, and archiving and governing messages and critical enterprise information. More information is available at www.proofpoint.com.
Proofpoint is a registered trademark of Proofpoint, Inc. in the U.S. and/or other countries. All other trademarks contained herein are the property of their respective owners.
CONTACT: MEDIA CONTACT: Patricia Hogan Proofpoint, Inc. 408-763-3863 phogan@proofpoint.com
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Aderant MatterWorks Delivers Intuitive Dashboards and Mobile Access for Proactive Matter Management
ATLANTA, Nov. 17, 2015 (GLOBE NEWSWIRE) -- Legal software provider Aderant announced today a series of productivity-enhancing improvements to its innovative MatterWorks solution, addressing the changing needs of the legal market. Aderant MatterWorks is essential software to plan, forecast and monitor legal matters and is compatible with the top two practice management systems available today—Aderant Expert and Elite Enterprise. The new features address a number of needs highlighted in an upcoming Aderant research report and are part of an expansive upgrade of the Aderant Expert suite of legal applications for mid-sized and large law firms.
According to the soon to be released research, 64% of law firms report an increase in client demands for more transparency from their legal providers. This, coupled with the increasingly competitive legal landscape, requires law firms to have more on-demand information about their matters than ever before.
Key enhancements to the MatterWorks application have been added to increase this visibility of matter performance metrics. New advanced dashboards, now available in a tablet-friendly web interface, allow for easy remote user access from anywhere, providing firm leadership with status updates on firm projects. In addition, monitoring capabilities have been significantly enhanced to help users more quickly identify items most in need of attention, enabling improved client service.
Enriched capabilities provide clear and actionable data for law firms:- A new "My Forecasts" group provides individual users with an at-a-glance overview of their matter forecasts and budgets, efficiently highlighting significant issues.
- New financial metrics—including margin percentage, leverage, profit per partner hour and revenue per lawyer—deliver greater insight into matter profitability.
- Expanded unique health assessment protocol, which assesses items as Healthy, Monitor or At Risk, allows users to select a full range of specific metrics for assessment and assign an importance level to each metric.
- New view options for tracking matters allow users to monitor matter plan variations and schedules.
"These exciting enhancements to our innovative MatterWorks software provide clients with new mobile tools to monitor and manage their matters while on the go," commented Aderant EVP of Strategy and Product Mike Barry. "We are delivering additional metrics, more comprehensive health assessments and expanded views that highlight critical issues in an intuitive, web-based platform, promoting wider and more frequent matter monitoring. This upgraded functionality will enable clients to meaningfully advance their goal of improving matter profitability."
Other improvements include additional alternative fee arrangements, group portfolio pricing along with the addition of success/bonus fee values, an enhanced ability to search for specific matter plans, new margin percentage columns in the forecast screen and forecast locking to prevent multiple users from updating a plan at the same time.
In addition to these new MatterWorks capabilities, the latest version of Aderant Expert delivers significant improvements to time and billing capabilities (including Time Management, Found Time, On the Go Time and Paperless Billing), Expense Management functionality and much more. The upgrade is available to the current 8.0 release of Aderant Expert.About Aderant
Aderant, headquartered in Atlanta, is a global provider of comprehensive business management software for law and other professional services firms. With a 35-year history as a global industry leader, Aderant supports nearly 3,200 clients in more than 30 countries, representing 77 of the top 100 Global Law Firms and more than 88 percent of the Am Law 200. Aderant maintains a combined customer retention rate of more than 95 percent and a customer support Net Promoter Score of 81. Aderant's complete suite of solutions includes: business development, calendar/docket matter management with built-in court rules, practice and financial management, time and billing, case management, document management, and business intelligence. More information is available at www.aderant.com.
Aderant and Aderant Expert are registered trademarks of Aderant Holdings, Inc. or its subsidiaries. All other trademarks mentioned herein are the properties of their respective owners.
CONTACT: Megan Hall Aderant Public Relations, North America megan.hall@aderant.com 404-889-8553
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Varonis DatAnywhere Adds Version Control, Mapped Stubs
NEW YORK, Nov. 17, 2015 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq:VRNS), the leading provider of software solutions for unstructured, human-generated enterprise data, today announced several important updates to its secure enterprise file sync and share solution, DatAnywhere.
Varonis DatAnywhere extends the usability of corporate file-sharing infrastructure to enable traditional file servers and NAS devices to behave like a cloud-based service, and is available for Windows, Mac OS X, iOS and Android clients. Varonis supports data wherever people choose to store it. Many organizations see the benefits of enabling their users to share files from anywhere on any device without moving large amounts of valuable and often sensitive data. The beta release of DatAnywhere 2.8 continues to raise the bar for this secure, efficient alternative approach to cloud-based products.
The new features:
- DatAnywhere Version Control
DatAnywhere now supports file version control. This includes creating new versions of files when they are modified or uploaded by DatAnywhere users. Previous file versions can be downloaded and synced, ensuring important data is never irretrievably lost.
- Mapped Drive Stubs
Administrators can now configure DatAnywhere Windows clients to sync stub files and folders that look and behave like the mapped drives with which end users are familiar, but are actually "stubs." These folders and files appear local – VPN access is not required, they are browsable when not connected, and files can be cached locally for offline use – but most files are stubs, or links to the actual files that remain in the data center. New files saved locally are automatically ingested and saved on the file share when network connectivity is re-established. By enabling file shares with DatAnywhere, employees work as if terabytes or even petabytes of data are stored on their laptops, while those files are safely stored on the organization's SMB shares.
Additional new features in the DatAnywhere 2.8 beta release include third-party proxy server configurations and TLS protocol support.
David Gibson, Varonis Vice President of Strategy and Market Development, said, "Varonis supports data wherever our customers choose to store it, and the cloud is certainly where a lot of customers intend to go. However, organizations with large on-premises file-sharing systems frequently tell us they plan to keep data on these reliable systems for years – especially when it's secured and managed with our other solutions, like Varonis DatAdvantage. In addition to control, our customers want more functionality, like file sync and mobile access, search and version control. In a nutshell, they want ECM, or enterprise content management features, without having to move their data into an ECM system. This is what the combination of Varonis solutions provides. With version control, DatAnywhere provides a bigger piece of that solution."
For more information read our blog on DN 2.8 here.
To download DatAnywhere, visit: http://www.varonis.com/dn-free.
For more information on Varonis' solution portfolio, please visit www.varonis.com and join the conversation on Facebook, Twitter, LinkedIn, and YouTube.
About Varonis
Varonis is the leading provider of software solutions for unstructured, human-generated enterprise data. Varonis provides an innovative software platform that allows enterprises to map, analyze, manage and migrate their unstructured data. Varonis specializes in human-generated data, a type of unstructured data that includes an enterprise's spreadsheets, word processing documents, presentations, audio files, video files, emails, text messages and any other data created by employees. This data often contains an enterprise's financial information, product plans, strategic initiatives, intellectual property and numerous other forms of vital information. IT and business personnel deploy Varonis software for a variety of use cases, including data governance, data security, archiving, file synchronization, enhanced mobile data accessibility and information collaboration. As of September 30, 2015, Varonis had approximately 4,000 customers, spanning leading firms in the financial services, public, healthcare, industrial, energy & utilities, technology, consumer and retail, education and media & entertainment sectors.
CONTACT: News Media Contact: Natalie Rizk CTP 617-412-4000 x227 nrizk@ctpboston.com
- DatAnywhere Version Control
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Computer History Museum Announces its 2016 Fellow Award Honorees
MOUNTAIN VIEW, Calif., Nov. 17, 2015 (GLOBE NEWSWIRE) -- The Computer History Museum (CHM), the world's leading institution exploring the history of computing and its ongoing impact on society announces winners of the 2016 Fellow Awards.
- David Cutler—For his fundamental contributions to computer architecture, compilers, operating systems and software engineering.
- Lee Felsenstein—For his influence on the technical and social environment of the early personal computing era.
- Philip Moorby—For his invention and promotion of the Verilog hardware description language.
The three Fellows will be inducted into the Museum's Hall of Fellows on Saturday, April 16, 2016, at a formal ceremony where attended by the "Who's Who" of Silicon Valley technology leaders and Museum supporters.
David Neil Cutler has written some of the most important operating systems of the past 30 years, including VAX VMS, RSX-11M and the Windows NT operating system and kernel, which has been the core of Windows operating systems ever since.
Lee Felsenstein was the lead designer for the Osborne-1 and SOL-20 microcomputers as well as leading the influential Homebrew Computer Club of Palo Alto, California. He also was a founding member of the Berkeley-California based Community Memory project, one of the earliest electronic bulletin board systems.
Phil Moorby designed the Verilog hardware description language, a way of describing hardware devices through software. Verilog has enabled the design, simulation and testing of the complex, multi-billion transistor integrated circuits we use every day.
"This year's Fellows have made groundbreaking contributions," said Dag Spicer, Museum senior curator. "Dave Cutler has been a key developer and manager of several powerful and widely influential operating systems; Felsenstein designed important early microcomputer systems and led the Homebrew Computer Club in Silicon Valley; and Phil Moorby is the inventor of the Verilog hardware description language, used in designing nearly all modern integrated circuits. We are delighted to be honoring their efforts this year."
The Computer History Museum Fellow Awards honor exceptional men and women whose contributions to the field of computing—in areas such as hardware, software, storage, programming languages, and networking—have changed the world. The Fellow Awards are part of the Museum's vision to explore the computing revolution and its impact on the human experience. The tradition began in 1987 with the Museum's first Fellow, early programming pioneer Grace Murray Hopper, and has grown to a distinguished group of 70 members. The Museum is proud to further celebrate and share the stories of its Fellows by conducting interviews with new inductees that become a permanent part of the Museum's oral history collection.
Fellow nominations are open to the public and reflect a diverse range of viewpoints and areas of computing. Final selections are made by a panel of historians, researchers, industry leaders, Museum staff, and past Museum Fellows.
For more information about the 2016 Fellow Awards click here.
About the Computer History MuseumThe Computer History Museum in Mountain View, California, is a nonprofit organization with a four-decade history as the world's leading institution exploring the history of computing and its ongoing impact on society. The Museum is dedicated to the preservation and celebration of computer history and is home to the largest international collection of computing artifacts in the world, encompassing computer hardware, software, documentation, ephemera, photographs, and moving images.
The Museum brings computer history to life through large-scale exhibits, an acclaimed speaker series, a dynamic website, docent-led tours, and an award-winning education program. The Museum's signature exhibition is "Revolution: The First 2000 Years of Computing," described by USA Today as "the Valley's answer to the Smithsonian." Other current exhibits include "Charles Babbage's Difference Engine No. 2," "IBM 1401 Demo Lab," "PDP-1 Demo Lab," and "Where To? A History of Autonomous Vehicles." For more information and updates, call (650) 810-1059, visit www.computerhistory.org, check us out on Facebook, follow @computerhistory on Twitter, and read the Museum blog @chm.CONTACT: Carina Sweet (650) 810-1059 csweet@computerhistory.org
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Carbonite Voted a Top Place to Work in Maine
BOSTON and LEWISTON, Me., Nov. 17, 2015 (GLOBE NEWSWIRE) -- Carbonite, Inc. (NASDAQ:CARB), a leading provider of cloud and hybrid business continuity solutions for small and midsize businesses (SMBs), today announced its Customer Care Center in Lewiston, Maine has been voted the Sixth Best Place to Work in Maine in the Large Employer Category, according to the Maine State Council of the Society for Human Resources Management. The recognition, which demonstrates continued improvement over last year's ranking as 13th overall, coincides with a major corporate recruitment effort to hire local talent in technical support positions.
"We are honored to be named as one of the best places to work in Maine for the second year in a row," said Robert Frost, VP of Customer Care at Carbonite. "Our employees are our #1 asset and the key to obtaining world class customer satisfaction. We firmly believe that a happy employee will send that smile right over the phone to the customer. And with a customer satisfaction rate of 94%, we know we're doing something right. This award is a testament to our skilled support team members, who work hard for their customers and for themselves."
As the needs of Carbonite customers grow, quality technical support skills are in high demand. The company is currently recruiting for more than 50 open positions of Technical Support Representative, who will be critical to providing support to customers. Candidates for these positions will benefit from a promote-from-within approach where they can quickly gain the training and skills necessary to build successful long-term careers.
As part of the company's employee-first approach, Carbonite Customer Care team members enjoy:
- Comprehensive benefit packages, including health, dental and life insurance alongside short- and long-term disability benefits.
- 4 weeks of PTO for salaried employees, along with education reimbursement, family gym memberships and a corporate 401(K) match.
- Monetary incentives based on customer satisfaction scores as well as referral bonuses for new hires.
- Work-life balanced scheduling, which ensures that no employees work two weekend days.
- Hands-on training in the office's IT lab, where team members can see and touch the same hardware used by customers.
- Opportunity for advanced technical training and certifications, including the Microsoft MTA Windows Server Fundamentals for Admins, all from within the company's in-house Pearson VUE certification testing center.
"Our fast growth means we're presenting a unique opportunity for talented individuals in Maine to be a part of the top Customer Service and Technical Support organization in the world," Frost continued. "If you're looking to build your career in a great working environment and want to feel valued, encouraged, rewarded and challenged while doing it, Carbonite is the place for you."
To learn more about Carbonite Customer Care, please visit: http://support.carbonite.com/about-customer-care
To learn more about careers at Carbonite, please visit: http://www.carbonite.com/en/about/careers/
To read more about Carbonite's awards and industry recognition, please visit: http://www.carbonite.com/en/resources/news-and-press-releases/
About Carbonite
Carbonite (Nasdaq:CARB) is a leading provider of cloud and hybrid business continuity solutions for small and midsized businesses. Together with our partners, we support more than 1.5 million individuals and small businesses around the world who rely on us to ensure their important data is protected, available and useful. To learn more about the cloud solutions voted #1 by PC Magazine readers, as well as our partner program and our award-winning customer support, visit us at Carbonite.com.
CONTACT: Media Contacts: Emily Held, PAN Communications (for Carbonite) carbonite@pancomm.com 617-502-4300 Megan Wittenberger Carbonite 617-421-5687 media@carbonite.com
- Comprehensive benefit packages, including health, dental and life insurance alongside short- and long-term disability benefits.
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HCARE SYSTEMS Chooses Quadrant 4 System Corporation's QHIX Healthcare Exchange Solution for Its Health Club Members
SCHAUMBURG, Ill., Nov. 17, 2015 (GLOBE NEWSWIRE) -- Quadrant 4 System Corporation (QFOR) ("Quadrant 4" or the "Company") which provides state-of-the art SaaS (Software as a Service) and PaaS (Platform as a Service) based Exchange Solutions in Healthcare (QHIX), Media (QBLITZ) and Education (QEDIX) has signed a letter of intent to build a customized exchange for HCARE SYSTEMS LLC, (www.thehcaresystem.com) designed to coordinate healthy lifestyles with compatible Affordable Care Act health plans.
HCARE SYSTEMS has created a unique approach to helping employees and consumers manage a healthier lifestyle by coordinating health club memberships with health plan participation. HCARE SYSTEMS works with insurance providers, employers and health clubs to improve health and reduce health care costs. The HCARE technology suite creates new distribution channels for health plans while providing plan participants with economic purchasing power, as well as advocating and rewarding them for engagement in healthy lifestyle choices and behaviors.
"Everyone wins with our technology and business model," said Gary Barnes, President and founder of HCARE SYSTEMS. "The health clubs sell more memberships while reducing their monthly attrition, the health plans get healthier engaged consumers, employers get healthier happier employees and consumers are economically empowered and rewarded for their smart health care choices and healthy lifestyle behaviors."
Quadrant 4 has adapted its QHIX Hybrid Exchange to manage healthcare, health club membership and health plan selection and administration to better coordinate each of these separate solutions and services. With more than 52 million consumers exercising in health clubs across the nation there is tremendous demand in both the individual and group market to design health plans that account for this population's willingness to engage in healthy lifestyle behaviors.
We are excited that HCARE SYSTEMS has chosen Quadrant 4 and more importantly our QHIX Hybrid Exchange™ to manage this unique product, said Robert Steele, President of Quadrant 4 Health. "Providing this coordinated product to the group and individual insurance market will help their clients have healthier employees and ultimately lower premiums. We believe our Reach and Teach education offering and SMAC (Social, Mobile, Analytics, Cloud) architecture will provide significant product differentiation and become a market advantage for HCARE," continued Mr. Steele.
Quadrant 4's Chief Executive Officer, Dr. Nandu Thondavadi stated, "We are seeing a burgeoning of use cases regarding our exchange solutions. The market is realizing that our solutions can address many different administrative and marketing outreach needs in the healthcare eco system. We believe we will continue to broaden our appeal to ancillary product providers in the health care industry."
About Quadrant 4 System Corporation
Quadrant 4 System Corporation is a SMAC (Social, Mobile, Analytics and Cloud) technology company offering state-of-the art SaaS (Software as a Service) and PaaS (Platform as a Service) based Exchange Solutions in Healthcare (QHIX), Media (QBLITZ) and Education (QEDU). Quadrant 4's highly scalable vertical cloud platforms, coupled with our Global Professional Services organization, provide our clients with a competitive advantage in the marketplace. Please visit www.qfor.com for more information.
About HCARE SYSTEMS LLC
HCARE SYSTEMS LLC is a technology company that provides market leading health care consumerism solutions. The HCARE technology suite creates new distribution channels for both health plans and health club memberships while providing health plan participants with economic purchasing power, as well as advocating and rewarding them for engagement in healthy lifestyle choices and behaviors.
Forward-Looking Statements
This release contains forward-looking statements, which are subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statements of historical fact should be considered to be forward-looking statements. Certain factors could cause actual results and conditions to differ materially from those projected in such forward-looking statements. We do not undertake any obligation to release publicly revised or updated forward- looking information, and such information included in this release is based on information currently available and may not be reliable after this date.
CONTACT: Raymond A. Catroppa, CFA raymond.catroppa@qfor.com Quadrant 4 System Corporation +1 (917) 363-1448
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LG Selects Qorvo's RF Fusion(TM) Mobile Wi-Fi iFEM for Nexus(TM) 5X Smartphone
GREENSBORO, N.C., and HILLSBORO, Ore., Nov. 17, 2015 (GLOBE NEWSWIRE) -- Qorvo®, Inc. (NASDAQ:QRVO), a leading provider of core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications, today announced that LG Electronics has selected Qorvo's RF Fusion™ Mobile Wi-Fi integrated Front End Module (iFEM) for the Nexus™ 5X smartphone. Qorvo® is a leader in the transition to highly integrated front end modules for Wi-Fi, and Qorvo's newest RF Fusion Mobile Wi-Fi iFEM, the TQF6174, delivers higher performance than discrete components while saving space and simplifying design for leading smartphone manufacturers.
"Qorvo is uniquely positioned to design and manufacture all the high-value components in the integrated front end, including high-performance filters, switching and amplification," said Eric Creviston, president of Qorvo's Mobile Products group. "Qorvo's TQF6174 iFEM is leading the transition to more highly integrated mobile Wi-Fi front-end solutions, and Qorvo is very pleased to support LG with the highest levels of performance and integration."
Qorvo's TQF6174 RF Fusion™ Mobile Wi-Fi iFEM provides a new level of integration and performance in the mobile Wi-Fi front end. The TQF6174 iFEM combines a Wi-Fi coexistence filter, 5GHz power amplifier, 5GHz low noise amplifier (LNA), diplexer, switch and coupler in a compact 4mm x 3mm package. All of Qorvo's RF Fusion™ front end solutions combine best-in-class power amplifiers, filters, and switches to deliver industry-leading performance and size.
The Wi-Fi coexistence filter in the TQF6174 iFEM leverages Qorvo's proprietary LowDrift™ BAW technology to address the design challenges related to interference between Wi-Fi and the adjacent LTE bands (7, 40 and 41) used in China, North America and elsewhere. Qorvo's coexistence filters deliver superior insertion loss and improved power added efficiency (PAE) and power output, helping smartphone manufacturers to extend battery life and maximize data throughput across the full 2.4 GHz Wi-Fi spectrum. All of Qorvo's LowDrift™ and NoDrift™ premium BAW filters combine high performance and temperature stability to solve coexistence challenges unaddressed by other technologies.
According to an LG spokesperson, "Qorvo's innovative Wi-Fi iFEM helped LG successfully realize our vision of the next-generation Nexus smartphone. Qorvo worked closely with us to meet our requirements, while offering an enhanced solution to reduce the complexity of product development."
Qorvo® co-architects and tunes the best-in-class components in the TQF6174 to drive higher overall system performance. The Company employs proprietary wafer-level packaging (WLP) and CuFlip™ flip-chip technology to reduce module size, resulting in a footprint that is 24% smaller in a 2X2 MIMO configuration than comparable discrete solutions.
Qorvo's highly integrated RF solutions simplify design, reduce product footprint, conserve power and improve overall system performance in smartphones, tablets and other mobile devices. The Company offers customers a unique combination of broad manufacturing scale, deep systems-level expertise, and the industry's most comprehensive product and technology portfolio, helping mobile device manufacturers accelerate delivery of next-generation products.
To learn more about the TQF6174 and other core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications, please visit www.qorvo.com.
About Qorvo
Qorvo® (NASDAQ:QRVO) is a leading provider of core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications. Qorvo® was formed following the merger of RFMD and TriQuint, and has more than 7,000 global employees dedicated to delivering solutions for everything that connects the world. Qorvo has the industry's broadest portfolio of products and core technologies; world-class ISO9001-, ISO 14001- and ISO/TS 16949-certified manufacturing facilities; and is a DoD-accredited 'Trusted Source' (Category 1A) for GaAs, GaN and BAW products and services. For the industry's leading core RF solutions, visit www.qorvo.com.
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our plans, objectives, representations and contentions and are not historical facts and typically are identified by use of terms such as "may," "will," "should," "could," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" and similar words, although some forward-looking statements are expressed differently. You should be aware that the forward-looking statements included herein represent management's current judgment and expectations, but our actual results, events and performance could differ materially from those expressed or implied by forward-looking statements. We do not intend to update any of these forward-looking statements or publicly announce the results of any revisions to these forward-looking statements, other than as is required under the federal securities laws. Qorvo's business is subject to numerous risks and uncertainties, including variability in operating results, the inability of certain of our customers or suppliers to access their traditional sources of credit, our industry's rapidly changing technology, our dependence on a few large customers for a substantial portion of our revenue, our ability to implement innovative technologies, our ability to bring new products to market and achieve design wins, the efficient and successful operation of our wafer fabrication facilities, assembly facilities and test and tape and reel facilities, our ability to adjust production capacity in a timely fashion in response to changes in demand for our products, variability in manufacturing yields, industry overcapacity and current macroeconomic conditions, inaccurate product forecasts and corresponding inventory and manufacturing costs, dependence on third parties and our ability to manage channel partners and customer relationships, our dependence on international sales and operations, our ability to attract and retain skilled personnel and develop leaders, the possibility that future acquisitions may dilute our shareholders' ownership and cause us to incur debt and assume contingent liabilities, fluctuations in the price of our common stock, additional claims of infringement on our intellectual property portfolio, lawsuits and claims relating to our products, security breaches and other similar disruptions compromising our information and exposing us to liability, the impact of stringent environmental regulations, and the impact of the integration of Qorvo. These and other risks and uncertainties, which are described in more detail in Qorvo's 8K and other reports and statements filed with the Securities and Exchange Commission, could cause actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements.
CONTACT: Qorvo Contact: Doug DeLieto, VP of Qorvo Investor Relations W +1-336-678-7088
