ICE Announces 40 New OTC Cleared Energy ContractsATLANTA, November 10 - IntercontinentalExchange, Inc. (NYSE: ICE), a leading operator of global Mohawk Industries, Inc. Announces Wellborn Appointed President and COOCALHOUN, Georgia - Mohawk Industries, Inc., (NYSE: MHK) today announced the appointment of W. Christopher Wellborn to President and COO of Mohawk. Mr. Wellborn has held the position of Chief Operating Officer since November 2005 and served on Mohawk’s board of directors since 2002. Mr. Wellborn held the position of President of Dal-Tile, our ceramic and stone products business, from March 2002 to November 2005. /C O R R E C T I O N — CeloNova BioSciences, Inc./NEWNAN, Georgia - In the news release, French Physicians to Conduct 2000-Patient Study of CATANIA(TM) Coronary Stent, issued Oct. 30, 2009, by CeloNova BioSciences, Inc., over PR Newswire, the second paragraph should read: French Physicians to Conduct 2000-Patient Study of CATANIA(TM) Coronary StentNEWNAN, Georgia - Physicians at more than 40 centers in France have joined a study of the CATANIA(TM) Coronary Stent with NanoThin Polyzene(R)-F manufactured by CeloNova BioSciences. With Professor Emmanuel Teiger and Doctor Paul Barragan as co-Principal Investigators, the researchers today announced the Assessment of The Latest Non-Thrombogenic Angioplasty (ATLANTA-France) stent study. Each center will enroll 50 patients with the first procedures expected in early November. CeloNova First to Produce Super-Sized Embolic MicrosphereNEWNAN, Georgia - CeloNova BioSciences today announced that the company is submitting to its European Notified Body a request for approval of its new, lime green, 2800 micron size Embozene(TM) Microsphere. Mohawk Industries, Inc. Announces Third Quarter EarningsCALHOUN, Georgia - Mohawk Industries, Inc. (NYSE: MHK) today announced 2009 third quarter net earnings of US$34 million and diluted earnings per share (EPS) of US$0.50 which included a restructuring charge of approximately US$16 million, primarily related to our distribution and manufacturing infrastructure. Excluding the restructuring charge, net earnings and EPS would be US$44 million and US$0.64 per share, respectively. In the third quarter of 2008, the net loss was US$1,485 million and loss per share was US$21.70. Excluding the 2008 third quarter charges, net earnings and EPS would have been US$84 million and US$1.23 per share, respectively. Net sales for the 2009 third quarter were US$1,383 million, a decrease of 22% (21% with a constant exchange rate) from 2008. Continued cost control, reduced capital spending and lower working capital enabled generation of free cash flow of US$128 million for the quarter. Stonebranch Announces Reseller Agreement With Pro2colATLANTA - - Managed File Transfer Solution Leader Partners With U.K. Company to Offer Infitran to Key U.K. Markets InComm Europe Named Best Prepaid Product DistributorATLANTA - - Claims Two Top Honours at 2009 Prepaid Awards InComm, the leader in sales and marketing of prepaid products and innovator of transaction processing, won two coveted awards at the second annual Prepaid Awards in London: Best Prepaid Product Distributor; and Innovation of the Year, for integrating the Shell Gift Card Mall with the Shell Driver’s Club loyalty programme. IP Gallery Purchases the Intellectual Property Rights of PersonetaATLANTA, Georgia - IP Gallery - an innovative company designing, developing, and delivering converged communications solutions and multimedia applications, announced today that it has acquired the Intellectual Property Rights (IPR) of Personeta and its flagship product,TappS(TM) NSC. FX Bridge Names Farid Naib to Board of DirectorsATLANTA - FX Bridge Technologies, Corporation today announces that Farid Naib, an entrepreneur with an extensive background in foreign exchange technology, has joined the firm’s Board of Directors. Mr. Naib was previously Co-President of FX Systems, an early FX options pricing system, and founded FNX Solutions, which provides financial technology to global and regional banks as well as corporations and hedge funds. “We are pleased to welcome Farid to our Board of Directors,” said Steve Reich, CEO, FX Bridge. “With his long experience and record of successful technology innovation, Farid will be an invaluable advisor to the firm as we work with leading brokers to develop and launch cash foreign exchange options trading for individual traders globally.” Mr. Naib first became involved with FX technology in 1985 in his role as Co-President of FX Systems, one of the first firms to offer American Style option pricing on FX options. FX Systems became the dominant supplier of FX option software for the Philadelphia Stock Exchange, which at the time was the primary source of FX option liquidity. In 1992, Mr. Naib founded FNX Solutions, which provided financial technology to a large number of firms, including top tier global and regional banks, corporations and hedge funds. FNX provided global FX option trading systems to firms such as Deutsche Bank, Credit Suisse, UBS, Citibank, Bank of America, Sakura, Republic National Bank, Bear Stearns, AIG, and others. FNX was sold to GL Trade in 2007 where Mr. Naib remained a member of management until the firm’s acquisition by SunGard in 2008. Mr. Naib is an active entrepreneur and is currently CEO of Document Depository Corporation. He has served as an Entrepreneur-in-Residence at the University of Pennsylvania’s Wharton School. He was also an original investor in, and served on the board of, Gain Capital. Scribbos Partners with Susan G. Komen for the Cure(R)ATLANTA - - Stonebranch subsidiary kicks off ‘Stonebranch Shares,’ an international philanthropic program to support charities and non-profit foundations Minimally Invasive Device Approved to Treat Liver Cancer, Fibroids, Tumors, and BleedingNEWNAN, Georgia - CeloNova BioSciences, Inc. has received approval from its European regulatory body, the British Standards Institution, to expand the list of medical indications for which Embozene(TM) Microspheres may be used and to add a tenth size of the product. Stonebranch Celebrates Its 10th Anniversary with Continued GrowthATLANTA - - Managed File Transfer leader offers three new solutions and hires 30 new employees in 2009 alone Hooters on the RocksATLANTA - - South Africa’s first Hooters to Open in Umhlanga in December Since Hooters opened the first restaurant 26 years ago in Clearwater, Florida the concept has experienced unbridled success and has expanded to over 450 locations internationally. Hooters is now bringing the beach themed concept to the shores of South Africa with the opening of the first location in Umhlanga this December; three of which will open in time for the 2010 World Cup. This is the first of ten Hooters locations slated to open in South Africa over the next 3 years. Newell Rubbermaid’s Graco Brand Delivers More Value with Convertible Products that Adapt as Kids GrowATLANTA - - Innovative new playards, travel systems and highchairs have multiple uses as infants and toddlers develop Mohawk Industries, Inc. Invites You to Join Its Third Quarter 2009 Conference Call on the WebCALHOUN, Georgia - In conjunction with Mohawk Industries, Inc. (NYSE: MHK) 3rd Quarter 2009 earnings release on Thursday October 29, 2009 you are invited to listen to its conference call that will be broadcast live over the Internet on Friday October 30, 2009 at 11:00 am ET. ICE Announces Addition to Its Board of DirectorsATLANTA - IntercontinentalExchange(R) (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced that Sir Callum McCarthy has joined the IntercontinentalExchange Board of Directors, effective today. Sir Callum’s appointment fills a vacant seat on the Board of Directors. New Energy Specialty Helps Companies Succeed Amid Energy RevolutionATLANTA, Georgia - - Innovation Is Focus of Brand-Building Approach Expectations of at least 20 percent growth in the energy sector next year and an intensifying energy policy debate frame the backdrop for the launch of Ketchum Energy, a specialty group within the global public relations firm focused on helping clients differentiate and advance their brands, products and positions in the dynamic energy industry. KONE Chooses Servigistics for Service Parts ManagementATLANTA - - Finland-based industry leader in elevators, escalators and innovative solutions for modernization and maintenance seeks to optimize service parts inventory to improve part availability at lower cost Two Elsevier / MC Strategies Online Courses Recognized in the 35th Annual FREDDIE AwardsATLANTA, Georgia - - Mosby’s Essential Nursing CE wins, and Mosby’s Perioperative Nursing is a Finalist OFS Announces Verizon has Selected Its EZ-Bend(TM) Optical Technology to Support MDU FIOS DeploymentsNORCROSS, Georgia - - New Technology Can Improve Bending Performance by up to 500 times to Help Speed Deployment and Lower Installation Costs Leading Cardiovascular Surgeons Gather from Around the World to Share Ross Procedure Survival Data, Techniques at 2nd Annual SummitATLANTA - - Growing Outcomes Evidence Spurs Renewed Interest in Unique Heart Valve Procedure Cloud Computing Company Nomadesk Unveils New Online DashboardATLANTA - - Company Launches Improved TheftGuard(TM) To Track Your Mobile Devices on Google(TM) Maps SecureWorks, Inc. Streamlines the PCI AOC and FFIEC ITO Self-Assessment Questionnaire Processes with Predefined Assessment Programs and Affiliate Compliance Summary ReportsATLANTA and LONDON - SecureWorks(R), a leading, global provider of security services, is streamlining the Payment Card Industry (PCI) Attestation of Compliance (AOC) and FFIEC Information Technology Outsourcing (ITO) Self-Assessment Questionnaire processes with Predefined Assessment Programs. These programs are preconfigured with assessment questions based on the PCI and FFIEC guidelines. An organisation’s affiliates (vendors, partners, internal departments, and service providers) are then rated in accordance with their compliance with these regulations. Novelis Selected as Sole Supplier of Aluminum Sheet for New Jaguar XJATLANTA - Novelis announced today that it has been selected as the sole supplier of aluminum sheet for the all-new Jaguar XJ sedan. Like its predecessor, this redesigned version of Jaguar’s flagship vehicle features a lightweight structure and body panels made primarily of aluminum sheet. ICE Announces 43 New OTC Cleared Energy ContractsATLANTA - **Contracts to Launch September 28** IntercontinentalExchange, Inc.(R) (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, announced today the introduction of 43 new OTC cleared energy contracts for North American electricity, natural gas, natural gas liquids and oil. ICE plans to make these OTC swaps and options available for clearing beginning Monday, September 28, 2009. CryoLife’s Second Annual Surgical Congress for the Ross Procedure to Draw More than 130 Cardiovascular Surgeons from Around the WorldATLANTA - - The Ross Summit 2009 to focus on new patient data supporting the Ross heart reconstruction procedure and the use of SynerGraft(R) processed human heart valves in the Ross Procedure The Crawford System of Claims Solutions(SM) Highlights Comprehensive, Global ServicesATLANTA - Crawford & Company (NYSE: CRDA; CRDB) is introducing a new way to describe its service offerings, The Crawford System of Claims Solutions(SM), to dramatize the Company’s competitive advantage, reinforce industry leadership and clarify its portfolio of businesses. Bob Foster to Lead Lloyd’s Strategy for Crawford & CompanyATLANTA - Well-known insurance industry executive Bob Foster has joined Crawford & Company (NYSE: CRDA; CRDB), the world’s largest independent provider of claims management solutions, to direct strategy for its relationship with Lloyd’s of London, the company announced today. Airo Wireless Announces the Release of the Intrinsically Safe A25is Cell Phone/PDAATLANTA - - Airo Wireless is pleased to announce the new Intrinsically Safe A25is - available for delivery in Q4 of 2009 Stonebranch Global Partner Program Goes InternationalATLANTA - - Leading Managed File Transfer company partners with Grey Monarch, Ltd. to provide strategic SAP consulting for reliable and secure file transfer. Software Company Triples Open and Click Rates with Silverpop Engage B2BATLANTA - - Segmented lead-nurturing program affords prospect engagement that generates results Ventyx Advisory Services Adds Senior Executive Focused on Energy Project Development in EMEAATLANTA - - Experienced Power Project Finance Expert Joins Team in Europe Ventyx(R), the world’s largest private software, data and advisory services provider to the energy and utility industry, today announced the addition of Alan White to the company’s Advisory Services team. Mr. White brings nearly 20 years of experience in financing for the power industry throughout Europe, providing him with a comprehensive understanding of the industry drivers and regulatory environments that shape the evolving energy industry. CryoLife Receives CE Mark Approval for BioFoam(R) Hemostatic TechnologyATLANTA - CryoLife, Inc., (NYSE: CRY) an implantable biological medical device and cardiovascular tissue processing company, today announced it has received CE mark approval for its BioFoam(R) Surgical Matrix (BioFoam). The CE mark allows immediate, unrestricted commercial distribution of BioFoam in the European Community for use as an adjunct in the sealing of abdominal parenchymal tissues (liver and spleen) when cessation of bleeding by ligature or other conventional methods is ineffective or impractical. BioFoam is the second product from the Company’s protein hydrogel technology platform to receive a CE mark. Mohawk Industries, Inc. Announces Second Quarter EarningsCALHOUN, Georgia - Mohawk Industries, Inc. (NYSE: MHK) today announced 2009 second quarter net earnings of US$46 million and diluted earnings per share (EPS) of US$0.67. Operating income for the second quarter was US$75 million. A restructuring charge of US$12 million was recorded in the quarter primarily due to the closure of a European laminate facility. Excluding the restructuring charge, operating income was US$87 million and EPS was US$0.79. In the second quarter of 2008, net earnings and EPS were US$89 million and US$1.29 per share, respectively. Net sales for the quarter were US$1,406 million, a decrease of 24% (22% on a constant exchange rate) from 2008. The company generated cash flow from operations of US$228 million. We strengthened our balance sheet, by generating over US$200 million in free cash flow, paying US$122 million of debt and investing US$26 million in capital expenditures. We ended the period with a balance of over US$225 million in cash. The results benefited from aggressively driving costs down, improving working capital, tighter control over capital expenditures and an intense focus on customers. |
