Saturday, December 30, 2006
JumpTV likely to show Saddam Hussein's Hanging over the Internet
At least one Web site promised to show Saddam Hussein's hanging live on the Internet if Iraq TV airs the execution.
JumpTV is a pioneer in the delivery of international television over the Internet.
JumpTV operates at the intersection of two growth sectors: Internet Protocol Television (IPTV) and ethnic media services. The JumpTV experience re-connects culturally diverse individuals with media from their native land and to others in their community.
JumpTV has partnered with more than 180 television broadcasters from over 60 countries to provide live broadcasting of their 24-hour linear feeds.
Partners' channels are available on the JumpTV network to viewers from around the world through an ordinary broadband Internet connection on their home computers, laptops, Internet-enabled televisions and mobile devices.
The JumpTV experience with a high-speed connection (Cable, ADSL, DSL or ISDN) will allow you to receive a picture at up to 30 frames per second, which is comparable to conventional television.
Thursday, December 21, 2006
Clearwire back in the frame for an early 2007 IPO
It has legendary telecom executive Craig McCaw at the helm, years ago, McCaw cobbled together the U.S.'s first nationwide cellular empire, which he sold to old AT&T for $11.5 billion in 1994. Clearwire's shares are expected to be listed under symbol CLWR.
Another contender in the WIMAX space again going for an early IPO is NextWave, expected to trade under the symbol WAVE. Both companies hope eventually to make their money, at least in part, from building out WiMAX networks.
Market researcher Gartner Dataquest expects the North American WiMAX services market to swell from 30,000 connections in 2006 to 21.2 million by 2011.
On Sept. 21, wireless broadband gear maker Riverbed Technology priced above its expected range, and the company's shares have rallied over 200% since, indicating strong investor appetite for wireless broadband-related stocks.
Wednesday, December 20, 2006
Yahoo has a 10% stake, Gmarket shares are on the rise!
Gmarket is Korea's leading e-commerce marketplace, offering buyers a fun, convenient and secure shopping experience and sellers a flexible and comprehensive sales solution.
Gmarket reported total revenues of $43.5 million (Won 41.2 billion) for the third quarter of 2006, representing a 125% increase from total revenues of $19.3 million (Won 18.3 billion) in the third quarter of 2005.
Tuesday, December 19, 2006
WR Hambrecht raises its price target on Riverbed Technology (RVBD) to $40
The firm said, "Based on our recent channel checks, we believe the Company is currently tracking ahead of plan for the December quarter. We feel that strength has been driven by impressive customer additions, large-sized Steelhead projects with 'one powerful tail', and a compelling product roadmap-all of which we believe poise the Company to continue growth and market share gains well into 2007 and beyond."
Riverbed Steelhead Appliance Named One of Top Five Storage Developments of the Year and as a Top Product of 2006 by eWEEK Magazine
SAN FRANCISCO--(BUSINESS WIRE)--Riverbed Technology, Inc. (Nasdaq:RVBD), the performance leader in wide-area data services (WDS), announced today that eWEEK, a Ziff Davis Media publication and one of the industry’s leading enterprise IT magazines, named Riverbed’s Steelhead® appliance to its list of “Top Five Storage Developments of the Year” and as a “Top Product of 2006.” Riverbed® was previously named winner of eWEEK’s Excellence Award in the category of Network Infrastructure. Victor Loh, technology analyst with eWEEK Labs notes that Riverbed’s Steelhead appliances hit all the marks of a best-in-class WAN optimization product, offering leading edge bandwidth optimization through highly intelligent data caching, TCP optimization and other protocol-specific enhancements. To view the stories, visit eWEEK Labs Picks the Top Products of 2006 and eWEEK Labs: Victor Loh’s Top Five Storage Developments of the Year.
Riverbed adds this recognition to its list of many awards garnered over the past year, validating Riverbed’s Steelhead appliances as the industry’s leading WDS solution. In addition to being named as one of the top five storage developments of the year and as a top product of 2006, Riverbed has also been recognized by many of the leading technology publications for other innovations, including:
Byte and Switch, Big Bytes Award — Best WAN Optimization Solution
eWEEK Excellence Award — Network Infrastructure
InfoWorld 2006 Technology of the Year Award — Best WAN Accelerator
Network Computing Well Connected Award — Remote Office Network Infrastructure
“The power and simplicity of our Steelhead appliances is no accident,” said Eric Wolford, senior vice president, marketing and business development. “From day one, we designed our products to address the business challenges created by today’s globally distributed workforce and virtual value chain business models. We continue to rely on our global customer base to guide our development team and inform our roadmap. This recognition by eWEEK is an acknowledgement of the work we’ve done to create an integrated and intelligent solution to the networking, application, and storage issues that together slow the performance of distributed networks and cause globally distributed knowledge workers to suffer painfully slow application and file transfer speeds.”
In addition, Riverbed was recently positioned by Gartner in the leaders quadrant in the “Magic Quadrant for WAN Optimization Controller [WOC], 2006”1 published in October 2006 and authored by Andy Rolfe and Joe Skorupa. See the full report at www.riverbed.com/gartner.
About Riverbed’s Steelhead Appliances
Riverbed’s wide-area data services (WDS) solutions enable organizations with more than one office to overcome a host of severe problems, including poor application performance and insufficient bandwidth at remote sites. By speeding the performance of applications between distributed sites, by five to 50 times and in some cases up to 100 times between enterprise datacenters and remote offices, Riverbed’s award-winning Steelhead WDS appliances enable companies to consolidate IT, improve backup and replication processes to ensure data integrity, and improve staff productivity and collaboration. Steelhead appliances have been deployed in organizations ranging from the world’s largest corporations with offices around the globe to small companies with a couple of sites that are just miles apart.
Forward Looking Statements
This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed’s products and services and statements relating to Riverbed’s ability to meet the needs of distributed organizations. These forward-looking statements involve risks and uncertainties, as well as assumptions, that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include our ability to react to trends and challenges in our business and the markets in which we operate; our ability to anticipate market needs or develop new or enhanced products to meet those needs; the adoption rate of our products; our ability to establish and maintain successful relationships with our distribution partners; our ability to compete in our industry; fluctuations in demand, sales cycles and prices for our products and services; shortages or price fluctuations in our supply chain; our ability to protect our intellectual property rights; general political, economic and market conditions and events; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Riverbed’s business are set forth in our Registration Statement on Form S-1 filed with the SEC, including the “Risk Factors” section in our final Prospectus dated September 20, 2006, and in our Form 10-Q filed with the SEC on October 31, 2006. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements.
About Riverbed
Riverbed Technology is the performance leader in wide-area data services (WDS) solutions for companies worldwide. By enabling application performance over the wide area network (WAN) that is orders of magnitude faster than what users experience today, Riverbed is changing the way people work, and enabling a distributed workforce that can collaborate as if they were local. Additional information about Riverbed (Nasdaq:RVBD) is available at www.riverbed.com.
Riverbed Technology, Riverbed, Steelhead, RiOS, Interceptor, and the Riverbed logo are trademarks or registered trademarks of Riverbed Technology, Inc. All other trademarks used or mentioned herein belong to their respective owners.
About the Magic Quadrant
The Magic Quadrant is copyrighted October 4, 2006 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors place in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Ziff Davis Media Inc.
Ziff Davis Media is a leading integrated media company serving the technology and videogame markets. The Company is an information services provider of technology media including publications, websites, conferences, events, eSeminars, eNewsletters, custom publishing, list rentals, research and market intelligence. In the United States, the Company publishes 7 magazines including PC Magazine, eWEEK, CIO Insight, Baseline, Electronic Gaming Monthly, Computer Gaming World and Official U.S. PlayStation Magazine. The Company exports the power of its brands internationally, with publications in 48 countries and 19 languages. Ziff Davis leverages its content on the Internet with a network of highly-targeted technology and gaming sites including PCMag.com, eWEEK.com, ExtremeTech.com and 1UP.com. The Company also produces highly-targeted b-to-b and consumer technology events including DigitalLife. With its main headquarters and PC Magazine Labs based in New York, Ziff Davis Media also has offices and lab facilities in the San Francisco and Boston markets. Additional information is available at www.ziffdavis.com.
1 Gartner Research “Magic Quadrant for WAN Optimization Controllers, 2006,” by Andy Rolfe and Joe Skorupa. October 4, 2006
Monday, December 18, 2006
Linksys launches wVoIP handset called iPhone
Linksys has unveiled a wVoIP handset today, the WIP320 called the iPhone, a term Linksys-parent company Cisco has owned the trademark to since 2000. The news follows years of speculation as to whether Apple would release an iPod-like mobile phone, which many in the industry took to calling the "iPhone." The Linksys iPhone joins six other handsets in the company's VoIP handset portfolio, but will surely be the most memorable.
Gizmodo caused quite a stir in the blogosphere on Friday by predicting that the iPhone would launch today, but that the phone wouldn't be as expected. Little did we know that Cisco has apparently owned the trademark for iPhone since 2000, when it acquired a company called Infogear, which registered an iPhone trademark in 1996.
For more on the launch of the iPhone:
- see this article from The Age
- and take a look at this timeline of rumors for the iPhone
PLUS: To make things just a bit more exciting, a report out of the U.K. suggests mobile carrier Orange is working closely with Google to develop a Googlephone. Let the rumors begin! Article
Friday, December 15, 2006
Google Heat Shield works for Adobe as stock rises 5.37% today
While most of the attention has focused on Adobe CEO Bruce Chizen's comment that legal action against Microsoft over PDF (Portable Document Format) remained on the table, Chizen also applauded Google for distracting his Redmond, Wash., rival.
"Oh, I love Google," Chizen was quoted as saying. "Google is a big threat for Microsoft and distracts it from the rest of us. [Google] is simultaneously our heat shield and an important partner."
GoDaddy, GoGoogle, GoDomains
Thursday, December 14, 2006
DivX added to Russell indexes
DivX Inc., which makes digital video compression software, said Thursday it will be added to the Russell 3000 Index and the small-cap Russell 2000 Index on Dec. 15.
The Russell 3000 index, run by Russell Investment Group, tracks the 3,000 largest U.S. companies, ranked by market capitalization.
The Russell 2000 is an index of the 2,000 smallest of the Russell 3000 companies, and is also known as the smallcap index.
Stocks added to indexes often see share prices jump as mutual funds that track those indexes rework their portfolios.
DivX's market capitalization, calculated by multiplying the number of shares outstanding by the share price, was recently $951.9 million, according to Thomson Financial.
Shares of the company added 25 cents to $28.65 in premarket trading, after closing at $28.40 Wednesday on the Nasdaq.
Wednesday, December 13, 2006
Morgenthaler Ventures Wraps Up 2006 With 3 IPOs and 2 Mega M&A Events
Morgenthaler Ventures (www.morgenthaler.com/ventures), a leading, national venture-capital firm focused on both life-science and IT investments, closed out 2006 with three IPOs and two significant M&A events. Morgenthaler's major investment themes for 2006 include 'Graceful Aging,' next-generation advertising, IT consolidation and cleantech. In 2006, Morgenthaler's partners completed the first full year of its tenth fund (MP VIII, which closed in October, 2005, with total committed capital of $450 million) by investing and reserving about one-third of the fund. New investments in 2006 include three life-science companies and five IT companies.
Menlo Park, CA (PRWEB) December 11, 2006 -- Morgenthaler Ventures (www.morgenthaler.com/ventures), a leading, national venture-capital firm focused on both life-science and IT investments, closed out 2006 with three IPOs and two significant M&A events.IPOs: Morgenthaler's Life Science Team saw two of its biotech portfolio companies, Threshold Pharmaceuticals (www.thresholdpharm.com) and Replidyne (www.replidyne.com), make initial public offerings, as did one of its device portfolio companies, Thermage (www.thermage.com). In addition, another medical-device company, Xtent (www.xtentinc.com), filed its S-1 document with the SEC in preparation for an IPO.
M&As: Avidia, a biotech portfolio company, was acquired by Amgen (www.amgen.com) in October for $360 million -- one of the largest biotech acquisition exits in recent years. In addition, Cortina Systems, a next-generation chip company, acquired an over $100 million revenue Intel unit producing optoelectronic components in September. Cortina is in the process of rolling up other communications chip companies and seems headed toward becoming one of the major players in its markets.
Bob Pavey, Morgenthaler's general partner, noted: "What should be clear from portfolio companies that have exited or are approaching exit is: 1) the firm's philosophy of investing steadily through good times and bad is the correct one and 2) that many of our best investments have come in areas that other investors had either written off or overlooked.
"In IT, that meant investing heavily in Internet services and digital media when it was out of favor before the recent resurgence in consumer Internet investments; in semiconductors that has meant investing in communications chips just when telecommunications investment generally was collapsing; in cleantech that has meant investing in energy-saving lighting before the implications of high-energy costs had sunk in; in biotech that has meant investing in early-stage technology when other VCs were abandoning it, and in medical devices that meant investing in drug-eluting stents when virtually everyone had concluded that the market was best tackled by large companies," Pavey continued.
Morgenthaler's Major Investment Themes
Graceful Aging
Robin Bellas, a Morgenthaler general partner in the firm's Life Science Team, said: "In our estimation, we will continue to see strong exit opportunities for life-science companies -- biotech, medical devices and also healthcare service companies. All three areas offer investors opportunities for growth that ride a major demographic trend of older people who are living longer and with higher quality lives, a trend we call 'Graceful Aging.' Such trends help make life-science companies relatively immune to down cycles in the overall economy." Bellas sees the likelihood that as many as three life-science portfolio companies will file for IPOs in 2007.
Next-Generation Advertising
Gary Little, a Morgenthaler general partner who focuses on software and Internet services, said: "2006 saw the advancement of video games and cell phones, which led to consumers spending less and less time in front of their televisions. Accordingly, companies are changing the way they advertise in order to more effectively reach key markets. Mobile and in-game marketers are able to tailor messages to a specific audience and demographic yielding more successful results and we look forward to continued growth in these emerging areas in 2007."
In May, Morgenthaler invested in a cutting-edge advertising company, IGA Worldwide (www.igaworldwide.com), which focuses on enabling advertisers and game publishers to tap into the in-game advertising market and reach tens of millions of avid game players. In October, Morgenthaler announced a follow-on round of investing in another next-generation advertising company, Rhythm NewMedia (www.rhythmnewmedia.com), which provides new revenue streams for wireless carriers and effective advertising for brands. Morgenthaler has long been an investor in next-generation advertising companies, starting with its initial investment in NexTag (www.nextag.com) in 1999.
IT Consolidation
Drew Lanza, a Morgenthaler general partner who concentrates on semiconductors and other component-related investments, foresees continued consolidation of the information technology business that will offer opportunities for attractive exits for venture-capital investors. "It started with the consolidation of the telecommunications carriers and is now working its way down the supply chain, where a few large suppliers in each important IT category are emerging. Combine that with new late-stage financing opportunities from hedge funds and others with a surplus of investment capital, and we're starting to see conditions that look a lot like a boom."
Cleantech
Greg Blonder, a Morgenthaler general partner who invests in cleantech projects, predicts that "cleantech, while hot, will not boil over into excessive speculation. That's because many of these projects -- like more-efficient alternative fuel production -- require so much investment that even private equity is stretched to meet its demands. Second, many solutions for saving energy are low tech -- like changes in zoning regulations and architectural design. In that regard, we have seen a dramatic shift in mindset towards energy efficiency in just the last year."
Lamina Ceramics, a New Jersey-based Morgenthaler portfolio company, signed a distribution agreement with Arrow Electronics, a preeminent electronics distributor in November. Lamina (www.laminaceramics.com) is the developer of economical LED lighting whose sunlight-quality brightness surpasses traditional incandescent bulbs and whose efficiency surpasses fluorescent lighting. According to Blonder, LED lighting is now on a path to virtually eliminate 80 percent of electricity consumption devoted to electric lighting. Blonder expects to make one major additional energy investment in early 2007.
Overall, Morgenthaler continued to focus on identifying disruptive and early-stage opportunities with typical investments of between $5 million to $15 million per company over several rounds. In 2006, Morgenthaler's partners completed the first full year of its tenth fund (MP VIII, which closed in October, 2005, with total committed capital of $450 million) by investing and reserving about one-third of the fund. New investments in 2006 include three life-science companies -- Catalyst Biosciences (www.catalystbiosciences.com); a yet-to-be-announced portfolio company developed by The Foundry, one of the premier medical-device incubators in the country (www.the-foundry.com); and Medior, an anti-fibrosis biotech company (www.mediorpharma.com). It also made new investments in IT companies, including Blue Arc (www.bluearc.com), IGA Worldwide (www.igaworldwide.com), Intelleflex (www.intelleflex.com), MuleSource (www.mulesource.com), and ZeroG (www.zerogwireless.com).
About Morgenthaler
Morgenthaler is a leading, national venture-capital and buyout firm with offices in Menlo Park, CA; Boston, MA; Princeton, NJ, Boulder, CO; and Cleveland, OH. Its venture-capital team focuses on life sciences and information technology. Its Internet-services investments include: NexTag, SNOCAP, Orb Networks, imeem, Digital Railroad, IGA Worldwide and Rhythm New Media. Its life-science investments include Xtent, Emphasys, Satiety, GlobeImmune, Bayhill and OncoMed. Its semiconductor and component investments include Brion, Peregrine Semiconductor, Paratek, Cortina, and Lamina Ceramics. The firm has approximately $2.5 billion under management and has funded more than 250 companies over its 38-year history. For more information on Morgenthaler portfolio companies and the firm, please visit: www.morgenthaler.com.
LG AND PRADA PARTNER TO DEVELOP ICONIC MOBILE PHONE
LG Electronics, a worldwide technology leader in mobile communications, and Prada, one of the world’s leading brands in the luxury goods industry, today announce an exclusive partnership to develop an innovative and iconic mobile phone.
The first Prada telephone by LG will combine high-end technology with avant-garde design offering the best in both style and performance. This forward-thinking product is the result of a different approach to the typical fashion designer and mobile phone manufacturer co-branding exercise. Leveraging on their respective expertise and know-how, Prada and LG have jointly explored and developed all aspects of this new product. The collaboration focused on the key elements inside the phone, such as software, user interface and music as well as its look, for example design and packaging.
The result is a unique, sophisticated and elegant phone, with an advanced touch interface which eliminates the conventional keypad.
The initial launch is planned for early 2007, with distribution starting in Europe (firstly in Italy, the United Kingdom, France, and Germany), followed by countries in Asia such as Hong Kong, Taiwan, and Singapore. The Korean version of the phone is scheduled to launch in the second quarter of 2007.
“Here at LG, we are very excited by this partnership,” says Mr. Mun-Hwa Park, President & CEO of LG Electronics Mobile Communications Company. He continues, “Prada’s legacy for classic and sophisticated design meant they were the perfect partner to develop this shared vision of innovative technology and ultimate style. We are passionate about developing exclusive phones that appeal to consumer’s desire to express their personality through their choice of mobile and feel very strongly that Prada shares this belief.”
Mr. Patrizio Bertelli, President & CEO of Prada, said: “As we do with ready-to-wear and accessories, we were looking at a break-through. Consistently with our approach, we are not branding an existing product; rather, Miuccia and I have been working with LG to give this new phone a very strong character and unique style, both in its contents and in its design. We, just like our partners at LG, are known for the attention to detail and uncompromising quality of our products. And we find these characteristics in the new mobile phone.”
Prada
Prada is one of the world’s leading brands in design, production and distribution of luxury ready-to-wear, handbags, small leather goods, footwear, eyewear and fragrances. Prada, together with Miu Miu, Car Shoe and Azzedine Alaïa, is part of the Prada Group, which operates 211 stores in major markets around the world and distributes its products through a network of selected, high-end multi-brand shops and luxury department stores.
LG Electronics Mobile Communications Company
LG Electronics, Inc. (KSE: 06657.KS) is the global leader and technology innovator in consumer electronics, home appliances and mobile communications, employing more than 72,000 people working in over 120 operations including 80 subsidiaries around the world. Comprised of four business units: Mobile Communications, Digital Appliance, Digital Display and Digital Media with global sales at USD 34.7 billion (consolidated USD 43.4 billion) as of 2005, LG Electronics is the world’s leading provider of CDMA handsets, residential air conditioners, plasma panels, optical storage products, DVD players and home theatre system.
LG Electronics Mobile Communications Company is the world’s leading provider of UMTS (WCDMA), CDMA and GSM handsets, which have been designed to improve the value of customer life. With a total range of wired and wireless solutions, the company is rapidly establishing a global presence and growing its international market share in 3G handsets.
For more information, please visit www.lge.com
Riverbed Wins Strategic Customers in Korea, Further Enhancing Its Leadership Position in Wide Area Data Services (WDS) Market
SAN FRANCISCO-(Business Wire)-December 13, 2006 - Riverbed Technology, Inc. (Nasdaq:RVBD), the performance leader in wide area data services, announced today that the Korean Ministry of Labor and Ministry of Foreign Affairs and Trade have purchased and successfully deployed Riverbed's award-winning Steelhead(R) appliances to improve application performance over wide area networks (WANs). In addition, strategic Korean customers LG Electronics, Samsung Electronics, SK Shipping and Asiana Airlines have chosen Riverbed to enable collaboration between remote sites, consolidate IT infrastructure, accelerate application performance or improve data protection.
"These customer wins highlight how quickly Riverbed's footprint and momentum in the Korean government and enterprise markets is growing," said Jerry Kennelly, CEO of Riverbed. "We officially launched our Korean operations in October 2005. Since then, we've worked with strategic customers in key verticals and with our channel partners to rapidly grow our customer base in a highly competitive market. The successful deployment at the Ministry of Labor and Ministry of Foreign Affairs and Trade is further proof of the market demand for Riverbed's WDS solutions."
Korean reseller Comtec Information is the latest reseller to join the Riverbed Partner Network. As a Riverbed partner, Comtec will have access to comprehensive tools, technical assistance, and resources to facilitate business growth and overall success in selling Riverbed's patented, groundbreaking WDS solutions. Other Riverbed partners in Korea include Expernet, Maverick Systems and Hitachi Data Systems.
Monday, December 11, 2006
HP and Cingular Wireless Introduce First Global Mobile Broadband Notebook PC in U.S.
PALO ALTO, Calif.--(BUSINESS WIRE)--HP (NYSE: HPQ) (Nasdaq: HPQ) and Cingular Wireless today announced availability of the first notebook PC in the United States to feature built-in global mobile broadband capabilities.
The HP Compaq nc6400 Notebook PC with integrated Cingular Wireless UMTS/HSDPA-based technology allows business professionals to connect in more areas at broadband speeds to corporate networks, email and the Internet without being tied to a wireless hotspot.(1)
Customers can now enjoy the benefits of mobile broadband both in the United States – either with Cingular Wireless BroadbandConnect or high-speed EDGE services – and abroad in more than 115 countries in which there are UMTS or GPRS/EDGE networks available.(1) The HP Compaq nc6400 is the first notebook with a tri-band UMTS modem supporting data rates of up to 3.6 megabits per second in the United States and in many countries around the world.(2)
The notebook’s design gives customers the flexibility to purchase the nc6400 and later upgrade to Cingular Wireless’ 3G network by adding an HP Broadband Wireless Module.(3)
The nc6400 comes with integrated high-performance dual-antennas and Cingular Communication Manager to establish a convenient and reliable wireless connection via Cingular’s 3G network.
HP and Cingular Wireless will jointly market the new business notebook.
“HP and Cingular Wireless are expanding the boundaries of mobile computing both within the U.S. and abroad with products like the HP Compaq nc6400 Notebook PC,” said Carol Hess-Nickels, director, worldwide business notebook marketing, Personal Systems Group, HP. “By integrating our powerful and innovative computing products with Cingular Wireless’ 3G network, we enable our mobile customers to stay connected in more places to the people and information that are most important to them.”
HP and Cingular Wireless collaborated on the nc6400 to take advantage of Cingular’s UMTS/HSDPA network, which is available currently in 145 major metropolitan areas including 65 of the top 100 largest cities in 33 states, Puerto Rico and the District of Columbia. This mobile broadband network offers average download speeds of 400-700 kilobits per second, with bursts to more than one megabit per second.(4) UMTS/HSDPA is a global standard and natural 3G evolutionary path for GSM providers, with 142 UMTS networks and 72 HSDPA networks currently available worldwide.
“The global capability that the Cingular and HP alliance provides to customers presents a considerable advantage to those who need access to important information, whether they are on the other side of town, across the country or halfway around the world,” said Laura Johnson, senior director, enterprise solutions, Cingular Wireless. “The nc6400 Notebook PC with integrated HSDPA-based technology is the latest, powerful example of how the collaborative efforts of our two companies have resulted in the introduction of a world-class product that will keep customers better connected, more productive and increasingly competitive in the marketplace.”
Wireless LAN(5) and Bluetooth™ wireless technology complement the notebook’s convenient mobile broadband technology. The thin and light nc6400 also features a 14.1-inch diagonal widescreen display, an optional HP Privacy Filter that helps ensure the screen is visible only to the user, powerful Intel® Core™ 2 Duo processors(6,7) and support of 3D graphics to deliver the optimal balance of connectivity and performance.
The nc6400 is Microsoft Windows® Vista™ capable.(8) Additionally, it features HP Professional Innovations, a suite of hardware features and software solutions that includes technologies such as integrated biometrics and digital accelerometers designed to enhance security, improve ease of use and help ensure reliability.
The nc6400 with integrated UMTA/HSDPA-based technology is the latest result of HP’s alliance with Cingular Wireless. Most recently, HP and Cingular introduced the HP iPAQ hw6900 series Mobile Messenger with built-in GPS.
Availability and pricing(9)
The HP Compaq nc6400 Notebook PC with integrated Cingular Wireless BroadbandConnect is expected to be available in late December at a starting price of $1,599. HP nc6400 customers can get monthly unlimited Cingular BroadbandConnect service for $59.99. International plans also are available. A North American plan of 100 megabytes for $109 per month provides for usage in Canada and Mexico, as well as unlimited domestic data. Cingular’s global plan of 100 megabytes for $139 a month covers data usage in more than two dozen countries worldwide, as well unlimited use in the United States.
More information on the HP Compaq nc6400 Notebook PC and HP’s other mobility solutions is available in an online press kit at www.hp.com/go/Mobility2006.
About Cingular Wireless
Cingular Wireless is the largest wireless carrier in the United States, serving 58.7 million customers. Cingular, a joint venture between AT&T Inc. (NYSE:T) and BellSouth Corporation (NYSE:BLS), has the largest digital voice and data network in the nation – the ALLOVER™ network – and the largest mobile-to-mobile community of any national wireless carrier. Cingular is a leader in third-generation wireless technology. Its 3G network is the first widely available service in the world to use HSDPA (High Speed Downlink Packet Access) technology. Cingular is the only U.S. wireless carrier to offer Rollover®, the wireless plan that lets customers keep their unused monthly minutes. Details of the company are available at www.cingular.com. Get Cingular Wireless press releases emailed to you automatically. Sign up at http://cingular.mediaroom.com.
About HP
HP is a technology solutions provider to consumers, businesses and institutions globally. The company’s offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended Oct. 31, 2006, HP revenue totaled $91.7 billion. More information about HP is available at www.hp.com.
Note to editors: HP news releases are available via RSS feed at www.hp.com/hpinfo/rss.html.
(1) High-speed access available within the Cingular Wireless network coverage area, which requires a separately purchased service plan. Use outside of the Cingular Wireless network is subject to roaming agreements. Check with Cingular Wireless for availability and coverage in your area.
(2) The HP Compaq nc6400 with integrated UMTS/HSDPA uses the Qualcomm MSM6280 chipset with support for 3.6 mbps performance modes and tri-band UMTS frequency bands.
(3) Sold separately or as an optional feature.
(4) Actual speed may vary.
(5) Wireless access point required and is not included. Availability of public wireless access points limited. Wireless Internet use requires separately purchased Internet service contract.
(6) Dual core is a new technology designed to improve performance of certain software products. Check with software provider to determine suitability. Not all customers or software applications will necessarily benefit from this technology.
(7) 64-bit computing on Intel architecture requires a computer system with a processor, chipset, BIOS, operating system, device drivers and applications enabled for Intel 64 architecture. Processors will not operate (including 32-bit operation) without an Intel 64 architecture-enabled BIOS. Performance will vary depending on your hardware and software configurations. See www.intel.com/info/em64t for more information.
(8) This system may require upgraded and/or separately purchased hardware, drivers and/or software to take full advantage of Windows Vista functionality.
(9) Estimated U.S. street prices. Actual prices may vary.
Bluetooth is a trademark owned by its proprietor and used by Hewlett-Packard Company under license. Intel and Core are trademarks or registered trademarks of Intel Corporation or its subsidiaries in the United States and other countries. Microsoft, Windows and Vista are trademarks or registered trademarks of Microsoft Corporation in the United States and/or other countries.
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the achievement of expected results and other risks that are described from time to time in HP’s Securities and Exchange Commission reports, including but not limited to the risks described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2006, and other reports filed after HP’s Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2005. HP assumes no obligation and does not intend to update these forward-looking statements.
© 2006 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.
Hilton Grand Vacations Club Deploys Riverbed's Steelhead Appliances Across Its Worldwide Network
Club Improves Customer Service by Accelerating Application Performance
SAN FRANCISCO, BUSINESS WIRE -- Riverbed Technology, Inc. (Nasdaq:RVBD), the performance leader in wide-area data services (WDS), announced today that Hilton Grand Vacations Club, a subsidiary of Hilton Hotels, has selected and deployed Riverbed's Steelhead(R) WDS appliances to accelerate the performance of applications at its offices worldwide. Riverbed's Steelhead appliances have improved network performance and in turn, improved overall customer service by making the sales cycle more efficient. Hilton Grand Vacations Club has installed Steelhead appliances in offices in six locations to date: Orlando, Florida; New York; Las Vegas; the Big Island of Hawaii; Honolulu, and Tokyo.
Hilton Grand Vacations Club has a centralized network at its Orlando headquarters that connects to sales and resort offices around the world; these offices sell vacation ownership in resorts across the U.S. to new customers and also serve more than 100,000 existing members. While centralization has several important benefits -- the company does not need to have technical engineers at every office, for example -- the company was experiencing several challenges, including connection quality issues and latency over the wide area network (WAN). Connectivity varies from country to country; connections in U.S. offices have far more bandwidth than connections in offices in Japan, for example. In addition, Hilton Grand Vacations Club uses contract imaging to send contracts from branch offices to headquarters; these data files are very large and the time required to transfer files had an impact on productivity.
"We looked at a number of WDS products before we decided on Riverbed's Steelhead appliances," said Richard Jackson, senior director, technical operations, at Hilton Grand Vacations Club. "Gartner praised the product in its review, and a member of my team had previous positive experience with the Steelhead appliances. About seven months ago, we deployed a Steelhead appliance in Tokyo and one in Hawaii. The performance improvement was dramatic. From there the project took on a life of its own, and we now have appliances in locations all over the world."
Dramatic Improvements with Steelhead Appliances
Hilton Grand Vacations Club analyzed before and after metrics on the process of scanning contracts to find out what kind of impact Riverbed's appliance had on connectivity and latency. Contract scanning is complex; and involves imaging and OCR-based scanning, storing and indexing over a WAN connection to centralized storage. This process had been optimized for a WAN but even with the optimization pre-implementation, the process could take up to 10 minutes; with the installation of the Steelhead appliance, in many cases it takes less than one minute. CIFS file transfers that once took up to 10 minutes between Tokyo and Hawaii are now transmitted in less than five seconds.
Riverbed's Central Management Console (CMC) enables Hilton Grand Vacations to efficiently manage and troubleshoot network performance from a centralized location. Enhanced reporting capabilities allow network managers to receive detailed reports on optimized and un-optimized traffic, global trending, and global traffic breakdown. "Riverbed's CMC is a very valuable tool for us," continued Jackson. "It provides complete visibility into the WAN, from a single screen."
"The Steelhead appliances have directly improved our customer service through improving our connectivity and application performance," said Jackson. "The bottom line is that we are responsible for making sure the network is performing at its best so our customers and support staff can conduct business and do their jobs in an efficient and effective manner. We have lots of tools to help us run the network, but we've seen a real and noticeable impact on our efficiency with the Steelhead appliance, and it's now part of our standard toolkit. Staff really appreciates the improved network performance and it has had a positive impact on their day-to-day activities by speeding up essential tasks. There's a cost benefit in keeping personnel in our small sales offices happy. In addition, Riverbed has improved the corporate view of IT and what it can do for the business."
Thursday, December 07, 2006
Riverbed and NetApp team up to help their customers improve remote replication and disaster recovery processes
SAN FRANCISCO -- Riverbed Technology, Inc. (NASDAQ: RVBD) today announced a cooperative support agreement with Network Appliance, Inc. (NASDAQ: NTAP - message board) to help customers protect their distributed data and take full advantage of heterogeneous data centers. The cooperative support processes for Riverbed's wide-area data services (WDS) solutions with NetAppR unified storage systems, NetApp NearStoreR near-line storage systems, and NetApp V-Series virtualization systems help the two companies to better work with large enterprise customers to address customer challenges with the replication, backup, and consolidation of distributed data. Customers can now dramatically reduce the amount of data that is replicated from a corporate data center to a remote disaster recovery site with a NetApp and Riverbed solution, significantly improving recovery point objectives of a disaster recovery solution and minimizing data loss in case of disaster.
Riverbed's WDS solutions enable organizations with more than one office to overcome a host of severe problems, including poor application performance and insufficient bandwidth at remote sites. By speeding the performance of applications between distributed sites, Riverbed's award-winning SteelheadR WDS appliances enable companies to consolidate IT, improve backup and replication processes to provide data integrity, and improve staff productivity and collaboration. Steelhead appliances have been deployed in organizations ranging from the world's largest corporations with offices around the globe to small companies with a couple of sites that are just a few miles apart.
"This cooperative support agreement means that enterprise customers will benefit from enhanced protection of their distributed data," said Patrick Rogers, vice president of product and alliances at Network Appliance. "The combination of Riverbed's WDS solutions and NetApp enterprise-ready storage and data protection solutions help customers to improve remote replication and disaster recovery processes."
Tuesday, November 28, 2006
Expo TV introduce the 2006 Holiday Shopping Guide
Expo TV unveil the first-ever Holiday Shopping Guide -- an interactive video series co-created by the VIDEOPINIONSSM community and Expo TV producers!
The 2006 Holiday Shopping Guide offers a variety of gift related programming including:
- Three magazine-style full-length shows
- Five episodes focused on a specific gift recipient such as "For Her"
- Dozens of individual gift-pick videos
- A good dose of helpful holiday shopping tips
Riverbed Expands Operations in North America
SAN FRANCISCO--(BUSINESS WIRE)--Riverbed Technology, Inc. (Nasdaq: RVBD) announced today the launch of operations in Canada with the opening of offices in Toronto, Ontario. Riverbed's new Canadian office will allow Riverbed® to best meet the needs of distributed organizations throughout Canada as they seek to solve the problems associated with application performance over wide area networks (WANs).
“Riverbed’s first customer was a Canadian company,” said Jerry Kennelly, CEO and president of Riverbed. “Riverbed’s decision to expand operations in North America is driven by customer and partner demand, as organizations recognize the importance of optimizing WAN performance for a broad range of applications and services, including IT consolidation, backup and disaster recovery, and application acceleration. We look forward to working with our Canadian partners to meet the needs of distributed enterprises.”
Riverbed has developed relationships with leading reseller partners across Canada, including British Columbia, Ontario, and Quebec. As part of this release, Riverbed is announcing Canadian customers SECOR and Wardrop Engineering, both of which worked with partners to deploy Riverbed’s Steelhead® appliances.
SECOR was founded in 1975 and today is the largest independent strategy consulting firm in Canada, serving prestigious clients in North America and Europe. In addition to its Montreal offices, the company has operations in Paris and Toronto. The company is organized into three groups: SECOR Consulting assists top teams of large North American companies with strategic and global expansion concerns; SECOR Europe focuses on top teams of European companies; and SECOR-TAKTIK specializes in mid-sized Quebec companies that must constantly adapt to the changing realities of the market.
SECOR deployed a Microsoft SharePoint Intranet to enable collaboration between its three sites, including the ability to quickly and easily share large PowerPoint and Word documents. However, downloads of typical files of 25-30 MB often took 10-12 minutes to open and file replication was nearly impossible. The company turned to Montreal-based NOVIPRO for a solution. NOVIPRO is a rapidly growing company and registered Riverbed reseller that has, since 1993, successfully implemented IT projects for small, medium and large sized businesses. NOVIPRO has developed a unique approach that capitalizes on the skills of its team to address its clients' challenges in areas that include technological infrastructure design, software solutions, IT recovery, archiving and other IT issues. NOVIPRO recommended that SECOR consider Riverbed’s Steelhead appliances to enable collaboration between the company’s North American and European sites. Following installation of the Steelhead appliances, the same files that once took 10-12 minutes to download now take 10-12 seconds.
“Riverbed has delivered performance beyond our expectations,” said Joanne Couture, Director – Service to Professionals at SECOR. “Our users in Paris are now working as if they were in Montreal. Riverbed has delivered LAN-like quality over our WAN.”
In addition to improving application performance, the Steelhead appliances have reduced the amount of traffic traversing the network from 1.34 GB to 291 MB, a 5X decrease, freeing bandwidth and allowing the company to delay a bandwidth upgrade indefinitely.
Wardrop Engineering has also deployed Riverbed’s Steelhead appliances. Wardrop is an award-winning international consulting firm providing innovative solutions through integrated multi-disciplined engineering, environmental, and information technology services. The company has a team of more than 850 from which to draw expertise, and was recently named, for the fifth time, to the list of Canada’s Top 100 Employers. Wardrop specializes in the forest products, infrastructure, product development, mining and minerals, nuclear, oil and gas, and power sectors.
Wardrop has sites across Canada and in Minneapolis, Minnesota. Teams often work collaboratively, transferring a variety of documents, including very large computer-aided design (CAD) files, across the country. In addition, Wardrop has a centralized Oracle-based financial and project management application, located in its Winnipeg office. With a hybrid network that includes centralized, regional and local IT, the company needed a flexible solution that would allow them to speed both the transfers of files and access to its centralized database, while accommodating the design of its network. Wardrop attempted to overcome its performance issues across the WAN with raw bandwidth; however, performance was still unacceptable.
Working closely with Gibraltar Solutions, a registered Riverbed reseller and value-added solution provider, the company deployed Riverbed’s Steelhead appliances as a solution. Gibraltar Solutions optimizes large enterprise IT environments, with compelling value, in the areas of infrastructure consolidation, virtualization solutions, access solutions, application distribution, security assessment/operations, as well as process/project management. To-date, Wardrop has deployed Steelhead appliances at 12 sites across Canada and in Minneapolis, Minnesota.
“Riverbed accommodates the flexible nature of our business where project teams are based in different parts of the country,” said Bill Ip, CIO at Wardrop. “In smaller offices, we have been able to reduce the number of email and file data servers. Employees remotely work as if local. Having the Steelhead appliances deployed at all of our sites gives us the flexibility to allow all employees access to all data, regardless of location.”
Wardrop has also reduced bandwidth usage by up to 5X, allowing the company to reduce its current expenditure on bandwidth and delay future network upgrades.
“Users are now able to efficiently and quickly get data from other offices,” continued Ip. “With the Riverbed-enabled performance, remote users are not even aware that they are accessing files over the WAN. Based on the performance, they assume that they are opening local files.”
YouTube Goes Mobile
SAN FRANCISCO: Video-sharing website YouTube announced today its foray into distributing video clips on mobile telephones through a tie-up with Verizon Wireless.
YouTube said that from early December, a selection of its most popular videos would become available to US subscribers of Verizon Wireless's premium "V CAST" service.
"With the largest community for online video entertainment, YouTube's move into the mobile space will enable a new audience of mobile users to enjoy entertaining videos virtually whenever and now wherever they want," it said.
YouTube, which last month was bought by Google, has emerged as the web's hottest site for watching videos since its launch 18 months ago.
The company indicated that mobile tie-ups were likely after the deal with Verizon, which is the largest US wireless operator in terms of revenues.
"People want to be entertained in a way that fits their individual lifestyle," YouTube co-founder and chief technology officer Steve Chen said in a statement.
"We will roll out exciting partnerships and features for the mobile user over the coming year," he said.
Sunday, November 19, 2006
YouTube Viewers vs Google Viewers Survey Results
Steve Irwin Stingray Accident YouTube 86,861 Google 173,196
Beautiful Girl using a Cordless Hair Straightener YouTube 4,845 Google 585
Toast YouTube 77 Google 175
Canadian girls gone wild YouTube 328 Google 371
Results:
YouTube viewers really want straight hair, they were sad about Steve Irwin's death but not as sad as the Google viewer who was distraught in comparison, the Google viewer prefers toast over the YouTube viewer and both The YouTube viewer and the Google viewer are into Canadian girls!
Friday, November 17, 2006
Casino Royale - The Virgin of a new Bond
Just back from seeing the New James Bond movie Casino Royale, it's a blast from minute to end. This Bond is good he doesn't fool around he takes aim and fires. The Gadgets have gone they died with Q, but it's 2006 so we have enough gadgets in the world for any agent to use. Sony Ericsson (special silver versions of the K800 and K790 Cyber-shot™ camera phones) provide the cell phones and laptops by Sony abound. The cars are from Ford, with the new Aston Martin DBS, next to the old.
The planes are provided by Virgin and I do believe you see Richard Branson being searched at the airport security in Miami, not a 100% sure but I would bet on it!
Monday, November 13, 2006
Riverbed Awarded Patent on Core WDS Technology
SAN FRANCISCO--(BUSINESS WIRE)--Riverbed Technology, Inc. (Nasdaq:RVBD) announced today that the company has been issued U.S. Patent 7,120,666 for its “Transaction Accelerator for Client-Server Communication Systems,” which is becoming core technology in wide-area data services (WDS) solutions.
“Riverbed® was founded with a vision to create integrated and intelligent solutions to the networking, application, and storage issues that together slow the performance of distributed networks and cause remote sites to suffer painfully slow application and file transfer speeds,” said Steve McCanne, chief technology officer at Riverbed. “This patent reflects our technology leadership in WDS and related solutions and our willingness to protect our intellectual property.”
Thursday, November 02, 2006
Zune™ is almost here
Plus, Coming Zune is evolving into Zune Arts. Go see it at www.zune-arts.net. It's a place for creative expression around the idea of sharing from some of today's most progressive artists, animators and designers. Play around. The gallery is constantly growing.
Come back to Zune.net on November 10 for some exciting information about our launch plans.
Wednesday, November 01, 2006
Who will buy Zillow.com
Monday, October 30, 2006
Brightcove Launches Free Service That Lets Anyone Create And Distribute Commercial Internet TV Channels
CAMBRIDGE, MASS - October 30, 2006 - Brightcove, an Internet TV pioneer, today unveiled a new free service, the Brightcove Network, that lets content owners of all sizes launch their own commercial Internet video channels at no cost and generate revenue through advertising and video download sales.
Coinciding with the launch of the Brightcove Network, the company announced the availability of several new services designed to generate revenue and increase distribution for Internet TV channels. To make earning money from commercial content easier, Brightcove launched a new video advertising network and the ability to offer high-quality video downloads for purchase or rental. To help online video programmers reach new audiences, the company introduced the beta of a new consumer destination for discovering and interacting with Internet TV channels. In addition, Brightcove has partnered with AOL to give content owners the option to easily sell their pay-media downloads through the AOL Video portal using Brightcove.
"In the last six months we've seen explosive growth in the online video market, especially in consumer sharing, but this is only the beginning of the Internet TV era," said Jeremy Allaire, chairman and chief executive officer of Brightcove. "Now content producers, from serious amateurs to major studios, are looking for an approach to Internet video that gives them commercial opportunities with their content as well as control over their distribution, and thats exactly what we're delivering with the launch of the Brightcove Network."
The Brightcove Network gives any content owner the ability to build a commercial Internet TV channel, launch it on their site, syndicate it to other web sites, and distribute it on Brightcove.com. The service is free to use. Content owners who use the Brightcove Network give Brightcove the right to sell advertising in their videos, and in turn they receive 50% of the revenue from ads that run in their channels. In addition, content owners can choose to offer video downloads for rental or purchase. They have the option to set any retail price they choose, with a $0.99 minimum, and they earn 70% of the sale price for each transaction.
To expand the revenue and distribution options for Internet TV producers using Brightcove, the company launched several new initiatives that support the Brightcove Network:
Advertising Network - Brightcove AdNet, the new Brightcove advertising network, aggregates online audiences across major and niche Internet TV channels giving marketers a more efficient way to reach consumers and offering online video programmers a way to more easily generate advertising revenue.
Pay-Media Service - The new pay-media service gives content owners using Brightcove the ability to earn revenue from the sale of online video by offer high-quality video downloads for purchase or rental at prices they determine.
Syndication Marketplace - Expanding distribution options for Internet TV channels, the company has introduced the first beta of a new online marketplace for discovering Internet TV channels that are available for syndication to third party web sites.
AOL(R) Video Distribution - Content owners using the Brightcove platform will have the ability to distribute their paid video content through the AOL Video portal (http://video.aol.com).
Consumer Destination - Finally, the company announced plans to make Brightcove.com a consumer destination for discovering and interacting with Internet TV channels. The first beta of the destination site was released today, and the company plans to add significant new features during the next six months.
For content owners that want greater control over their Internet TV business, including full control over the sale and delivery of advertising within their content, Brightcove will continue to offer the Brightcove Platform. The Brightcove Platform gives content owners a broad set of services for building online video businesses. Video programmers who choose to use the Brightcove Platform pay for it based on the volume of traffic that views their content each month. Moreover they have the option to use Brightcove revenue generation and distribution options including the advertising network, pay media, syndication marketplace, AOL Video, and the Brightcove.com destination.
About Brightcove
Brightcove is an open Internet TV service that empowers video producers and programmers to build broadband businesses while giving viewers more choices and control over their use of video and television. Founded by Internet pioneer Jeremy Allaire in 2004 and based in Cambridge, Massachusetts, Brightcove is a private company led by a management team that includes senior executives from Allaire, Macromedia, ATG, Comcast, MTV Networks, Lycos, News Corp., MediaVest, and Discovery Networks.
Fashion, Food, Art, Nightlife & Shopping - CODE.TV
Tune in each weekday at www.code.tv to discover a new destination.
CODE.TV is privileged television.
Wednesday, October 25, 2006
Is ExpoTV another billion dollar YouTube?
Expo TV is a new video solution to product research, with thousands of consumer-generated reviews and product demonstrations all available in full-motion video. In addition to the video reviews contributed by our community, we also produce informative ‘how to buy’ videos and have advertising partners who have contributed product demonstration videos.
Shop Whenever. Shop Smarter.
Monday, October 16, 2006
Buy, Outperform or Neutral Rating for Riverbed Technologies
Piper Jaffray initiated Riverbed with a Market Perform and $18 target citing valuation and additional competition.
Check out Gartner's examination of the currrent state of the market here
Cramer backflips: wants to get in bed with Riverbed Tech
In comments on his MAD MONEY this evening, Cramer was giving more advice for a record-breaking market. He said a great way to make money in a rally is to find some of the lesser-known names that have been overlooked.
[Oddly enough, this is a complete backflip from his advice last night, when he said to go with the big tech titans. But who's keeping track? Ahem.]
Today he said Riverbed Technology, Inc. (NASDAQ:RVBD) is one that could be a big big winner like his old DivX Inc. (NASDAQ:DIVX) call. He said RVBD is up 20% but you might not have missed it. He said they are actually beating Cisco Systems, Inc. (NASDAQ:CSCO) at its own game. Cramer said this is a great speculative tech stock.
Cramer said Riverbed is actually a best-of-breed WAN product company, but it isn't even profitable yet. He said the company's revenue growth has been large, and its technology is the best out there. Riverbed currently has deals with HP, McData, NEC, and others. He thinks the new estimates for RVBD are conservative, and it could blow away estimates one quarter out.
RVBD closed down 4% at $18.05 in regular trading but popped up 12% to $20.25 in after-hours after Cramer touted this stock.
Jon Ogg is a partner in 24/7 Wall St., LLC; he does not own securities in the companies he covers.
Riverbed Technology, Inc. to Report Third Quarter Financial Results on Thursday, October 26, 2006
SAN FRANCISCO--(BUSINESS WIRE)--Riverbed Technology, Inc. (Nasdaq:RVBD) today announced it will release financial results for the third quarter ended September 30, 2006 shortly after the close of market on Thursday, October 26, 2006. Riverbed® will host a conference call and live webcast at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) that day to discuss the third quarter results.
For parties in the United States and Canada, call 800-257-6566 to access the conference call. International parties can access the call at 303-275-2170.
Riverbed will offer a live webcast of the conference call, which will also include forward-looking information. The webcast will be accessible from the "Investor Relations" section of Riverbed’s website (www.riverbed.com). The webcast will be archived for a period of 30 days. A telephonic replay of the conference call will also be available two hours after the call and will run for two days. To hear the replay, parties in the United States and Canada should call 800-405-2236 and enter passcode 11073351. International parties should call 303-590-3000 and enter passcode 11073351. In addition, Riverbed’s press release will be accessible from Riverbed’s website before the conference call begins.
About Riverbed
Riverbed Technology is the performance leader in wide-area data services (WDS) solutions for companies worldwide. By enabling application performance over the wide area network (WAN) that is orders of magnitude faster than what users experience today, Riverbed is changing the way people work, and enabling a distributed workforce that can collaborate as if they were local. Additional information about Riverbed (Nasdaq:RVBD) is available at www.riverbed.com.
Tuesday, October 10, 2006
Personal Training Fitness Video downloaded to your iPod or Zune
Friday, October 06, 2006
Google Looking to Buy YouTube for $1.6 billion
The discussions are still at a "sensitive stage", the Wall Street Journal reported on its Web site, citing a person familiar with the matter.
Wednesday, October 04, 2006
CNET TV Beta - Manufacturers take note
CNET TV is in it's Beta version at the moment, it is very clear, sharp and crisp and spells out where the future of TV on the net is going.
With the incredible rise in popularity of online video thanks to the likes of YouTube, Google Video and Rocketboom there is a great opportunity now for companies to become Captains of their own industries and broadcast their own creatives.
If you go to buy a product online you will soon be able to see item specific videos. Imagine buying an iron, a food processor or a coffee maker, you will be able to go onto the manufacturers website and see a video of each product and range, it will show you exactly how to use it, all the features and benefits. Download the product instruction video to your iPod or Zune and watch an executive chef make tantalising meals with the equipment you just purchased.
The days of just seeing a picture on a website are over, online video is here and coming to your computer screen right now!
Liz Claiborne Inc. Selects Riverbed’s Steelhead Appliances for Deployment Across Its Global Cisco Network
Application Acceleration Enables Worldwide Business Operations and Collaboration
SAN FRANCISCO--(BUSINESS WIRE)--Riverbed Technology, Inc. (Nasdaq:RVBD) announced today that Liz Claiborne Inc. has selected and deployed Riverbed’s Steelhead® wide-area data services (WDS) appliances at 37 sites across North America, in Asia, and in Europe and plans to deploy more than 60 additional Steelhead appliances at sites across Europe, and at sites in the Middle East and in Asia.
Liz Claiborne Inc. designs and markets an extensive range of branded women's and men's apparel, accessories and fragrance products. The company has a diverse portfolio of quality brands that are available domestically and internationally via wholesale and retail channels. The more than 40 brands in the Liz Claiborne Inc. portfolio are available at more than 30,000 points of sale worldwide.
Liz Claiborne Inc. has locations across the globe, including distribution centers, and management, sales, finance, and operations offices. Sites are located in North America, Eastern and Western Europe, the Middle East, India, China and Southeast Asia. To accommodate the growth of its business in Europe, the Middle East and Asia, and integrate worldwide operations, the company sought to both deploy custom applications designed for the global retail business and improve response times of existing applications over the wide area network (WAN). These include their ERP application, and Microsoft Office, Exchange 2003, CommVault backup and SharePoint.
Liz Claiborne Inc. maintains a central datacenter in North Bergen, New Jersey and regional hubs in New York City, Santa Fe Springs, California, Hong Kong and Amsterdam. Some applications, such as the company’s ERP and finance applications, are centralized while others, including email and backup, are located in regional hubs.
Global users were experiencing very slow application response times accessing files not located in their offices. Users often had to wait several minutes to download financial spreadsheets and other files, significantly reducing productivity. In addition, Liz Claiborne Inc. sought to deploy new applications, in a centralized architecture critical to the company’s competitiveness worldwide. However, network congestion and the scarcity and expense of bandwidth in many remote locations made this task difficult. The company sought to address these issues by deploying a WDS solution.
“After extensive evaluation of other solutions we selected Riverbed® over the competition,” said Bob Czukkermann, supervisor of server infrastructure at Liz Claiborne Inc. “The Steelhead appliance was able to optimize all of our important applications and delivered the best performance over our global Cisco network. It was also the easiest to deploy and manage.”
Liz Claiborne Inc. has deployed the Steelhead appliances at 37 sites in North America, Asia and Europe. The company plans additional installations in the next eighteen months at 60 sites across Europe, and at sites in Turkey, Sir Lanka, Hong Kong, South China, Taiwan, Indonesia and India.
“It now takes us less than 10 minutes to get a site up and running with a Steelhead appliance, including time for testing,” continued Czukkermann. “The boxes are shipped pre-configured by Riverbed. Our technical staff and a user in the remote site manage the process in a single phone call. Riverbed has made deployment to sites across the globe simple and painless.”
Since installation of the Steelhead appliances, user performance has improved dramatically. Downloads that once took several minutes can be accomplished in thirty seconds. And, the Steelhead appliances have reduced network traffic by over 80%, allowing Liz Claiborne Inc. to deploy its custom applications for use worldwide. In addition, while backup over the WAN was not an original concern at the company, Liz Claiborne Inc. has been able to reduce backup windows of CommVault from 16 to six hours.