Friday, May 21, 2010

• SoundHound Inc. Announces Name Change From Melodis Corporation --- SAN JOSE, Calif.
  Posted at 2:59 PM
  

  Melodis Corporation officially changed its name to SoundHound Inc. Founded in 2005, SoundHound Inc. delivers innovative technologies in search and sound recognition, creates compelling user experiences using its technologies, and attracts millions of active users who benefit from these ... read more
• Gov. Granholm Now Taking Tax Money Collected From 75% of Michigan Families in Order to Give Free Cell Phones and Free Minutes to 25% of Michigan Households Making Less Than $33,075 Annual Income, or A --- BLOOMFIELD HILLS, Mich., May 21
  Posted at 2:56 PM
  "Although Total State Government Spending in Michigan is 10% higher than last year, Gov. Jennifer Granholm (D) is continuing to increase the size and deficit spending of state government that have been undermining household budgets for the first 7 1/2 years of her eight-year term by arbitrarily burdening still-employed, hard working middle income families with additional 'assurances to support low-income households'," noted Bill McMaster, state chairman (volunteer). Taxpayers United Michigan Foundation. Michigan is one of the first four states to implement ... read more
• M-TEC Endorses Importance of Medical Transcription and Clinical Documentation Industry, Celebrates Student Accomplishments, and Announces Program Milestones --- FAIRLAWN, Ohio, May 21
  Posted at 2:24 PM
  The Medical Transcription Education Center (M-TEC), a highly-respected and ACCP-approved online medical transcription training program, is concluding National Medical Transcriptionist Week by announcing recent student successes and program accomplishments. Since its introduction, over 500 medical transcriptionists (MTs) have completed M-TEC's CMT-RMT Review webinar series. Overall, nearly 2,500 MTs have graduated from M-TEC and now serve as medical transcription and clinical documentation professionals. The program reports additional success with their HIPAA Compliance Webinar Series, Increasing Productivity Through Technology Webinar Series, and soon-to-be-announced ... read more
• WebSolutions Technology, Inc. Named Ektron’s Partner of the Year --- AURORA, Ill.
  Posted at 2:24 PM
  

  Enterprise technology company WebSolutions Technology, Inc., Aurora, Ill., has been named Partner of the Year by Ektron Inc., an international third-party content management system (CMS) supplier in Nashua, N.H. The award is Ektron’s highest distinction for certified partners. ... read more
• Conservation Groups Laud Landrieu's Push for Aggressive Restoration Efforts in Legislation --- WASHINGTON, May 21
  Posted at 2:21 PM
  Five local and national conservation groups praised U.S. Senator Mary Landrieu's (D-LA) proposal to include aggressive measures in legislation that would accelerate restoration of Louisiana's coastal wetlands, a vital natural hurricane barrier that is becoming increasingly drenched in oil from the Deepwater Horizon disaster. (Logo: http://www.newscom.com/cgi-bin/prnh/20100202/EDFLOGO) "The historic and massive degradation and loss of Louisiana's protective coastal wetlands will magnify both the ecological and economic damage from the spill," said a joint statement by Coalition to Restore Coastal Louisiana, ... read more
• The X-Change Corporation Announces Reverse Stock Split --- LOS ANGELES, May 21
  Posted at 2:19 PM
  The X-Change Corporation (OTC: XCHC), a multimedia and e-commerce venture serving the diverse and growing Hispanic market, announced a one-for-twenty reverse stock split. A reverse stock split reduces the number of shares. Company President and CEO, Haviland Wright, Ph.D., said, "Since March, we have been executing a new business plan designed to build a company that we believe is an excellent investment, with the potential for extraordinary growth. We are taking this action so that investor evaluation of The X-Change Corporation ... read more
• FCC Approves Frontier Communications’ Acquisition of Verizon Local Wireline Operations --- STAMFORD, Conn.
  Posted at 2:18 PM
  Frontier Communications Corporation (NYSE: FTR) today announced that its pending acquisition of local Verizon Communications operations in 14 states has received approval from the Federal Communications Commission (FCC). The transaction has now received all necessary regulatory approvals, including regulatory approval in nine states and approval to ... read more
• Acacia Subsidiary Enters into License Agreement with Dallas Morning News --- NEWPORT BEACH, Calif.
  Posted at 2:15 PM
  Acacia Research Corporation (Nasdaq: ACTG) announced today that its Online News Link LLC subsidiary has entered into a license agreement with The Dallas Morning News, Inc. covering technology relating to the delivery of news content via electronic mail with links to additional content. ... read more
• L-3 Communications Initiates Full Redemption for its Outstanding 6 1/8% Senior Subordinated Notes Due 2014 and 2013 --- NEW YORK
  Posted at 2:05 PM
  

  L-3 Communications Holdings, Inc. (NYSE: LLL) announced today that L-3 Communications Corporation, its wholly owned subsidiary, has initiated a full redemption of its outstanding $400 million 6⅛% Senior Subordinated Notes due in 2014 (the “2014 Notes”) and its outstanding $400 million 6⅛% Senior Subordinated Notes due ... read more
• Leap Reports Granting of Inducement Awards --- SAN DIEGO
  Posted at 2:05 PM
  

  Leap Wireless International, Inc. (NASDAQ: LEAP), a leading provider of innovative and value-driven wireless communications services, reported today that it has issued inducement awards to new non-executive employees. The awards were made on May 14, 2010 under Leap’s 2009 ... read more
• Alaska Communications Systems to Present at RBC Capital Markets’ Technology, Media & Communications Conference on June 9 --- ANCHORAGE, Alaska
  Posted at 2:05 PM
  Alaska Communications Systems Group, Inc. ("ACS") (NASDAQ:ALSK), today announced that David Wilson, ACS executive vice president and chief financial officer, will be presenting at RBC Capital Markets’ Technology, Media & Communications Conference on Wednesday, June 9, 2010 at 10:30 a.m. Eastern Time. The conference takes place ... read more
• Ortho-McNeil Pharmaceutical, LLC Pleads Guilty to Illegal Promotion of Topamax and is Sentenced to Criminal Fine of $6.14 Million --- BOSTON, May 21
  Posted at 2:03 PM
  Ortho-McNeil Pharmaceutical LLC, a subsidiary of Johnson & Johnson, pled guilty today in U.S. District Court in Boston to one count of misdemeanor violation of the Food, Drug & Cosmetic Act for illegally promoting its epilepsy drug Topamax for uses that were not approved by the FDA. The company was also sentenced at today's hearing. U.S. Attorney Carmen M. Ortiz and Tony West, Assistant Attorney General for the Civil Division of the Department of Justice, announced today that Ortho-McNeil was ... read more
• Intuit CTO to Participate in the Morgan Stanley Cloud Computing Symposium --- MOUNTAIN VIEW, Calif.
  Posted at 2:00 PM
  

  Intuit (Nasdaq:INTU) Senior Vice President and Chief Technology Officer, Tayloe Stansbury, will participate in an executive panel discussion at the Morgan Stanley Cloud Computing Symposium in New York on Tuesday, May 25. Stansbury will offer Intuit’s perspective based on more than a decade of ... read more
• Onset Weather Stations to Verify Reduced Stormwater Runoff from Stimulus-Funded Green Roof --- BOURNE, Mass.
  Posted at 1:58 PM
  

  The managers of an 87-year-old government building in Pittsburgh have a challenge: reduce the amount of rainwater that runs off the roof. Allegheny County officials are facing an expensive wastewater system upgrade, and they hope reducing stormwater will help reduce the severity ... read more
• Aerojet's Second Engine Test Further Validates Engine Design for NASA's Orion Crew Exploration Vehicle --- SACRAMENTO, Calif., May 21
  Posted at 1:48 PM
  Aerojet, a GenCorp (NYSE: GY) company, successfully completed a second set of hot-fire test sequences of its R-1E 25-pound thrust, bipropellant engine. This second test included more than 17,250 seconds of total burn time, demonstrating engine flexibility to operate under a broad variety of conditions expected for NASA's Orion service module. Initial test results indicate the engine performed successfully in simulated space-flight mission scenarios. Lockheed Martin is the prime contractor to NASA for developing the Orion crew exploration vehicle as ... read more
• FRC's Tony Perkins and Senator John McCain (R-AZ) Discuss Law on Homosexuals in the Military --- WASHINGTON, May 21
  Posted at 1:37 PM
  Family Research Council President Tony Perkins interviewed Senator John McCain (R-AZ) yesterday on Washington Watch Weekly, Family Research Council's weekly syndicated half-hour radio show. Perkins spoke with the retired naval pilot and American war hero regarding President Obama's efforts to force open homosexuality on the military. (Logo: http://www.newscom.com/cgi-bin/prnh/20080930/FRCLOGO) The audio and full transcript of the interview can be downloaded here with partial excerpts of Senator McCain's interview included below. "...Secretary Gates, to my great disappointment, is conducting a study as ... read more
• Cerelink to Host Gala and VIP Screening of Shrek Forever After on May 23, 2010 --- CORRALES, N.M., May 21
  Posted at 1:33 PM
  Cerelink, Inc., a New Mexico Cloud Computing company, has collaborated with DreamWorks Animation SKG, Inc. (Nasdaq: DWA) to provide more than 2 million rendering hours in the production of the studio's film, Shrek Forever After, which is released nationwide today, May 21, 2010. In celebration of this significant milestone in the strategic alliance between Cerelink and DreamWorks Animation, a news conference, gala event and VIP screening of Shrek Forever After is planned for May 23, 2010. Ed Leonard, DreamWorks Animation's Chief ... read more
• NASA's High-Flying Space Shuttle Crew to Answer Student Questions --- WASHINGTON, May 21
  Posted at 1:31 PM
  NASA's space shuttle astronauts will answer elementary and middle school students' questions Saturday while orbiting approximately 220 miles above Earth on the International Space Station. The event is scheduled from 7:40 to 8 a.m. EDT, Saturday, May 22. (Logo: http://www.newscom.com/cgi-bin/prnh/20081007/38461LOGO) Students from 12 NASA Explorer Schools submitted their questions earlier by video. Space shuttle Commander Ken Ham, Pilot Tony Antonelli, Mission Specialists Garret Reisman, Michael Good, Steve Bowen, Piers Sellers, and Expedition 23 Flight Engineer Tracy Caldwell Dyson will give answers ... read more
• Abviva Details Patent Information for its Breast Cancer Risk Assessment Technology --- SANTA BARBARA, Calif., May 21
  Posted at 1:26 PM
  Abviva, Inc. (Pink Sheets: ABVV), a biomedical company engaged in the development and commercialization of breast cancer related applications of Mammastatin, today provided further details about worldwide patent protection for its breast cancer risk assessment technology. The Company previously announced that the Japanese Patent Office issued two patents on the core technology that may be used for therapeutic applications and in the Company's breast cancer risk assessment test, the Mammastatin Serum Assay (MSA). The patents are the most recent ... read more
• Global Clinical Communications(TM) Hires Marshall Graves as Vice President of Clinical Solutions --- NASHVILLE, Tenn., May 21
  Posted at 1:22 PM
  Global Clinical Communications (GCC) has hired Marshall Graves as vice president of clinical solutions. GCC, a leading supplier of validated clinical research technology solutions and services for site activation and management, announces that Graves will lead the clinical solutions division, including the rapidly growing and popular Compass(TM) virtual workspace portal site activation and management software. Graves comes to GCC with a reputation as an expert in technology-based clinical research solutions, after many years of senior management in companies providing solutions for pharmaceutical ... read more