vegasvic
11 years ago
LAS VEGAS, NV, Jan 07, 2014 At the 2014 International CES, Fuhu, Inc.,
Fuhu's Newest Line Will Empower Parents and Amaze Kids in a Safe, Fun and Engaging Tech Environment
fUHU creator of the award-winning nabi tablet, America's #1 Fastest Growing Company by Inc. Magazine in 2013 and PC Magazine's 2013 best tablet for kids, unveiled a range of new products and experiences that will take kids' and family-friendly technology to the next level. Fuhu's new product line includes tablets, cameras, speakers and accessories that deliver amazing experiences in a safe, fun and engaging tech environment. Fuhu is the creator of the world's first full-featured Android tablet made just for kids and at CES, Fuhu has revealed the next generation of the nabi ecosystem led by new, feature-laden tablet products, a cutting-edge operating system, as well as peripheral extensions that expand the nabi brand into interesting new categories.
"We are invested in delivering custom experiences and solutions," said Jim Mitchell, CEO of Fuhu. "Our latest line continues our commitment to creating solutions that are socially responsible, made right and make a difference in people's lives. These new products are more than just fun tech, they provide kids with the authentic experiences they have come to demand and parents with the confidence to let kids learn in new ways and assurance to let their kids explore, play and learn safely."
Throughout 2014, Fuhu will be introducing a wide range of kid- (and parent-) friendly technology in their newest line including:
Fuhu's Newest Line Will Empower Parents and Amaze Kids in a Safe, Fun and Engaging Tech Environment
-- Blue Morpho operating system: A game-changing new Android-based
operating system with more than 200 new features that includes: 1) the
first COPPA compliant social networking app for kids to connect with
parents, relatives and family friends via email, IM and photo sharing,
2) utilities that teach children to tell and manage time, manage and
plan a calendar of events and adjust and plan for changing weather
conditions, 3) interstitials (surprise and delights) that deliver
daily interactions with their favorite DreamWorks characters like the
penguins and Donkey and 4)a parentally curated digital distribution
platform for movies, TV, music, apps, games and nabi accessories
continuously establishing nabi as the first mover in the delivery of
family-friendly technology solutions.
-- nabi S Line: Including the already award-winning nabi Jr., nabi 2 and
nabi XD, this newly updated line of nabi products will include the
Blue Morpho operating system. The tablet also comes with a variety of
vibrant colors including rose gold, pink, blue and green.
-- Peripherals:
-- The nabi cam: Used in conjunction with the nabi Jr., the infrared
night vision camera is the world's most powerful baby monitor. The
nabi cam has a microphone, motion detection alert, wi-fi
connectivity, remote zoom and turn functions and can be accessed
on an Android phone via nabi Cloud.
-- The nabi Karaoke: An amazing portable hi-fi speaker and
microphone turns a nabi 2 or nabi Jr. into the ultimate Karaoke
experience. Connect with nabi tablet or a TV for a fun sing-along
entertainment. The nabi Jr. Karaoke Player is Bluetooth capable
and features auto voice control, speaker balance and echo
control.
-- Mi-Fi: Easy to use, no fuss nabi branded 4G LTE wireless router
that act as a wi-fi hotspot ideal for kids and parents on the go
for Internet and network access.
-- Miracast Dongle: Kids and parents can easily connect their nabi
tablet to stream and share their nabi experience wirelessly and
conveniently on a HDMI enabled HD big screen.
-- NFC Security Tags: A convenient key card solution for parents to
unlock forgotten passwords or launch an app on the nabi tablet.
-- Bluetooth Security Tags: Parents can keep track of their
children's most treasured gadgets or secure their belongings with
a Bluetooth activated device that alerts parents based on a range
of distance set by parents (connectivity up to 30 feet).
-- Accessories:
-- Pad-Folio: A sleek and portable keyboard with a track-pad,
compatible with nabi XD for ultimate productivity.
-- nabi SMART-ED Pen: Advanced active stylus with palm rejection
technology for kids to master pressure, stroke and motor skills,
integrating online and offline experiences in learning and
creativity.
-- FX line: The current FX line will be expanding with 40 additions
in the coming year with products for nabi Jr., nabi 2, nabi XD and
nabi headphones. The new additions will include frames and
decorative character-themes vinyl stickers to customize nabi
products. The new character line-up will include classic
characters from Lucas Film's Star Wars and favorites from
DreamWorks Animation's Kung Fu Panda and How to Train Your
Dragon.
In addition, the company will introduce its newest brand to the family, PinQ Lemonade the world's first modular cloud speakers.
-- PinQ Lemonade: The first modular cloud-based home audio system made
just for women. The convertible tower system allows hi-fi speakers to
work together as a system or individually.
To see Fuhu's full line of new products visit www.nabitablet.com.
About Fuhu, Inc. Fuhu, Inc., the creator of the nabi tablet, is the leading designer, seller and innovator of thoughtful consumer products and services for children. Fuhu is committed to creating children's solutions that are: (1) socially responsible, (2) made right, (3) make a difference in people's lives, (4) For Parents. By Parents.(R) and (5) dedicated to the intellectual development of children. Fuhu, Inc. is the No. 1 Fastest-Growing Private Company amongst 5,000 in America as ranked by Inc.'s exclusive 32nd Inc. 500|5000 list. Fuhu is headquartered in El Segundo, Calif., with offices in Denver, San Jose, China, Hong Kong, Taipei and Japan. For more information, visit www.fuhu.com and www.nabitablet.com.
CONTACT INFORMATION:
Fuhu
Grace Ryu
310-227-8230 ext 1020
Email Contact
Jeffrey Klein, Megan Pollock
DKC
212-685-4300
Email Contact
Email Contact
Komando Robot
12 years ago
Avnet, Inc. Completes the Acquisition of Magirus Group, Expands Footprint of Strategic Technologies in the EMEA Region
PHOENIX, Oct 01, 2012 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) announced today that it has closed the acquisition of the Magirus Group (Magirus), a leading pan-European distributor of data center solutions and services. Magirus is a leading value-add distributor of software, systems and related services encompassing virtualization, storage management, cloud computing, security, intelligent networks, open source and information life-cycle management services. Through its professional services portfolio and knowledge of the IT sector, Magirus enables business partners to take new technologies to market in 11 markets throughout Europe and the Middle East. The company generated revenue of approximately US$530 million in the 2011 calendar year.
Phil Gallagher, president of Avnet Technology Solutions, Global, commented, "We are very excited with the addition of Magirus to our existing resources and footprint in EMEA. We believe we have the opportunity to create an exciting and, in some cases, unique value-added distribution offering in the market. Their talented team and key customer relationships will enhance our competitive position in Europe and the Middle East. In addition, Magirus' portfolio of services expands our suite of solutions in high-growth market segments which helps us satisfy the increasing customer appetite for integrated and virtualized solutions. Magirus increased its revenue 20% in calendar 2011, delivering powerful, flexible and cost-effective data center solutions from a breadth of suppliers, including Cisco, VMware and EMC."
Founded in 1981, Magirus has 400 business and technical professionals that help over 4,500 resellers, system integrators and IT service providers develop and deploy IT infrastructure solutions that bring together traditional server, storage and network operations so that constantly changing business requirements can be supported more efficiently. Its services span demand generation, pre-sales, consultancy, training, certification, implementation as well as support from its pan-European, multi-lingual support center. Magirus will be integrated into Avnet Technology Solutions' EMEA business.
Graeme Watt, president, Avnet Technology Solutions (TS) EMEA, commented, "Adding to our portfolio in high-growth technologies while also strengthening our presence in key geographies is a strategic imperative to accelerate profitable growth in TS EMEA. The Magirus acquisition is an excellent fit with our current operations as it adds complementary product lines across the region, while meaningfully increasing our scale in important markets. Magirus' position with market-leading suppliers will bolster our solutions practices and create significant cross-selling opportunities in the combined customer base. Through this acquisition, our customers and suppliers will benefit significantly as the combined expertise of both organizations will enable us to accelerate their success."
This acquisition is expected to be immediately accretive to earnings and achieve Avnet's return on capital goal of 12.5% within two years.
jwez
12 years ago
News - Creative Learning Corporation Announces First European Franchise
Creative Learning Corporation (OTCBB: CLCN), owner and developer of Bricks 4 Kidz(R), the highly-popular children's education and enrichment program, is pleased to announce that the Company has recently closed on its first European franchise located in Poznan, Poland.
"The closing of the Poland franchise clearly indicates a significant demand internationally for the Bricks 4 Kidz(R) program, considering that we're now operating in seven countries and in Puerto Rico," commented Brian Pappas, CEO of Creative Learning. "We're very excited with the operators in Poland, Filip Morawski and Jarek Nadstazik, and look forward to a long and mutually rewarding relationship. We also expect to close this month a second franchise in Poland and a master license in Singapore," Pappas also stated. Mr. Nadstazik commented during his recent training at Bricks 4 Kidz(R) Corporate offices, "Filip and I are very excited about opening our Creativity Center in November. We have a great location and look forward to implementing the Bricks 4 Kidz(R) program in Poland."
About Creative Learning Corporation
Creative Learning Corporation, operating under the trade name Bricks 4 Kidz(R), offers programs designed to teach children ages 3-13+ the basic principles of engineering, architecture and physics using LEGO(R), bricks. Through a unique franchise business model that includes a proprietary Franchise Marketing Tool (FMT), the Company provides a wide variety of programs designed to enhance students' problem solving and critical thinking skills by designing numerous structures, devices, and systems using proprietary LEGO(R), bricks and models. The company currently has 170+ franchises and is expanding its international reach, fulfilling an educational need in many communities that are lacking these types of programs. With few direct competitors (i.e. franchisors of a similar business model) and a strong business model that is generating recurring and exponential revenue, Creative Learning Corporation is a solid leader in a rapidly expanding industry. For more information, visit www.bricks4kidz.com.
SAFE HARBOR STATEMENT: This press release may contain "forward-looking statements" that are made pursuant to the "safe harbor" provisions as defined within the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," and similar expressions. These statements are based upon management's current expectations as of the date of this press release. Such forward-looking statements may include statements regarding the Company's future financial performance or results of operations, including expected revenue growth, cash flow growth, future expenses and other future or expected performances. The Company cautions readers there may be events in the future that the Company is not able to accurately predict or control and the information contained in the forward-looking statements is inherently uncertain and subject to a number of risks that could cause actual results to differ materially from those indicated in the forward-looking statements. Further information on these and other potential factors that could affect the Company's financial results is included in the Company's filings with the SEC under the "Risk Factors" sections and elsewhere in those filings.
SOURCE: Creative Learning Corporation
Creative Learning Corporation Investor Contact: Brian Pappas, 904-824-3133 bpappas@bricks4kidz.com
jwez
12 years ago
NEWS - Nortek Launches New "Core Brands" Group
Combines Product and Marketing Strengths of 10 Industry-Leading Brands to Form New Business Group in its Technology Solutions Segment
PROVIDENCE, R.I., Aug. 27, 2012 /PRNewswire via COMTEX/ -- Nortek, Inc. NTK +0.67% , a global diversified company with leading brands and innovative, technology-driven products and solutions for residential and commercial applications, today announced the formation of Core Brands, a new group that combines the product and marketing strengths of 10 of the company's formerly independent audio, power management and control brands operating within its Technology Solutions segment.
Including Nortek's Aton®, BlueBOLT®, Elan®, Furman®, Niles®, Panamax®, Proficient®, SpeakerCraft®, Sunfire® and Xantech® brands, Core Brands has more than 190 years of combined experience in the residential, commercial and professional markets and over 4,300 direct customer accounts in multiple distribution channels in the U.S. and worldwide.
Core Brands will be based in Petaluma, Calif., with offices in Carlsbad and Riverside, Calif., and Marblehead, Mass. Bill Pollock, who has served as president of Panamax, will lead Core Brands. Dave Keller, vice president of sales and marketing for Panamax/Furman, will handle worldwide sales. Keith Marshall, president of SpeakerCraft/Proficient, will be in charge of channel management, and Paul Starkey, president of Elan, will lead marketing for all brands.
"The formation of Core Brands reflects the strategic refocusing currently taking place as we pursue new markets and new opportunities to serve our dealers, channel partners and end users," said Nortek President and Chief Executive Officer Michael J. Clarke. "We expect that combining the unique capabilities of each of these 10 formidable brands will deliver new and powerful benefits they can only achieve as a group."
"Operating as Core Brands will enable us to leverage economies of scale while strengthening our ability to invest in launching innovative technologies and a range of new marketing programs designed to increase the value, clarity and acceptance of each brand," said Sean Burke, group president of Nortek's Technology Solutions segment. "In addition, combining these market leading brands will allow us to deliver more localized and responsive factory training and product support expertise. These initiatives should position the brands not only to improve their business performance, but also to increase their penetration of un-served and underserved market segments during a period of generally improving business conditions in their respective distribution channels."
About Nortek
Nortek* is a global, diversified company whose many market-leading brands deliver broad capabilities and a wide array of innovative, technology-driven products and solutions for lifestyle improvement at home and at work. The Company's broad array of offerings includes audio/video and security solutions, digital display mounting solutions, ventilation products such as range hoods and bathroom fans, heating and cooling products, and air management systems.
*As used herein, the term "Nortek" refers to Nortek, Inc., together with its subsidiaries, unless the context indicates otherwise. This term is used for convenience only and is not intended as a precise description of any of the separate corporations, each of which manages its own affairs.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Generally, these statements can be identified by the use of words such as "anticipate," "believe," "could," "estimate," "expect," "feel," "intend," "may," "plan," "potential," "project," "should," or "would" and similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These statements are based on Nortek's current plans and expectations and involve risks and uncertainties that could cause actual future activities and results of operations to be materially different from those set forth in the forward-looking statements. Important factors impacting such forward-looking statements include the availability and cost of certain raw materials (including, among others, steel, copper, packaging materials, plastics, resins, glass, wood and aluminum) and purchased components, freight costs, the level of domestic and foreign construction and remodeling activity affecting residential and commercial markets, interest rates, employment levels, inflation, foreign currency fluctuations, consumer spending levels, exposure to foreign economies, the rate of sales growth, prices, and product and warranty liability claims. Nortek undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. For further information, please refer to the reports and filings of Nortek with the Securities and Exchange Commission including the description of "risk factors" set forth under IA in our annual report on Form 10-K, as updated on subsequent quarterly reports on Form 10-Q.
# # #
Contact:Edward J. CooneySenior Vice President and TreasurerNortek, Inc.401.751.1600Ed.Cooney@nortekinc.com
SOURCE Nortek, Inc.
Copyright (C) 2012 PR Newswire. All rights reserved
TMcNasty
12 years ago
I see this in thinkorswim under this ticker dated 7/17/12. Maybe this isn't a promo start, but just them buying shares back? Hard to tell.
01:16 PM EDT, 07/17/2012 (MidnightTrader) -- Top Tech Stocks
MSFT +0.3%
AAPL +0.2%
IBM -0.05%
CSCO -0.7%
GOOG +0.1%
Tech stocks are slightly higher today with the S&P Technology Index gaining around 0.3%.
In company news, DTS Inc. (DTSI) shares are down over 17% and have hit new year lows today after the software company reduced its Q2 revenue forecasts, citing macroeconomic factors affecting certain segments of the consumer electronics industry, particularly in the company's Blu-ray market.
Overall, the company now sees revenues for the June quarter to be in a range of $21 million to $22 million, trailing the analyst consensus expecting $24.3 million in revenue.
DTSI also said earnings will be hurt by costs associated with its upcoming acquisition of SRS Labs Inc. (SRSL) as well as by the tax consequences of the lower revenue during the quarter and the non-deductibility of certain material acquisition-related expenses.
In other sector news,
(+) ADSK, (+1.2%) Announces deal to acquire Socialcam - a popular mobile social video capture, editing and sharing application - for about $60 million.
(+) DGIT, (+26%) Starting strategic review of operations, including possible sale of the company.
(-) ININ, (-2.1%) Expects Q2 adjusted EPS of break-even to $0.05 a share, under Capital IQ consensus of $0.16 a share. Lowers revenue guidance to $54 million to $55 million, also below forecasts.
(-) ALU, (-18.5%, hit new year lows) Expects Q2 loss of $48.71 million on $4.26 billion in revenues.
(+) TEL, (+0.1%) Guides $0.79 a share Q3 profit, in-line with expectations but revenues seen at $3.5 billion - $90 million under forecasts.
(+) PXLW, (+5%, near year highs) Begins production shipments of its Topaz SoC family of display processors to tier one customers.
(+) MSFT, (+0.4%) EU regulators reportedly investigating if company is complying with 2009 order to offer users a choice of web browsers.
(+/-) TSCC, (0.0%) Buying back $11 million of stock from Aspire Capital Fund.
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