Business

Tuesday, January 12, 2010

“Masimo Announces Investment in SEDLine Brain Function Monitoring Business - PR Newswire” plus 4 more

“Masimo Announces Investment in SEDLine Brain Function Monitoring Business - PR Newswire” plus 4 more


  • Masimo Announces Investment in SEDLine Brain Function Monitoring Business - PR Newswire
  • CARDIN TO HELP KICKOFF CYBER MARYLAND SUMMIT, CYBER SECURITY PLANNING ... - TMCnet
  • Hannaford Supermarkets joining program to help New England farmers stay in business - Los Angeles Times
  • JAL Would Seek US Business Tie-Up, Not Capital Deal-Nikkei - CNN Money
  • Epicor(R) Retail Business Intelligence 2.0 Helps Retailers Gain a ... - Yahoo Finance

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

Masimo Announces Investment in SEDLine Brain Function Monitoring Business - PR Newswire

Posted: 12 Jan 2010 05:41 AM PST

IRVINE, Calif., Jan. 12 /PRNewswire-FirstCall/ -- Masimo (Nasdaq: MASI), the inventor of Pulse CO-Oximetry™ and Measure-Through Motion and Low Perfusion pulse oximetry, today announced a strategic investment totaling $3.5 million in SEDLine, Inc., a newly-formed private company that was formerly operated by Hospira, Inc. Under terms of the investment agreement, Masimo may increase its investment subject to certain financial and development milestones. SEDLine's mission is to expand the scope and applications for neuromonitoring. Masimo's investment will allow SEDLine to continue to support its existing customers, market to new customers, and expand its research and development efforts.

Masimo Chairman and CEO, Joe Kiani, stated, "Multiple leading hospitals in the United States have already chosen SEDLine because they believe, as Masimo does, that SEDLine's current technology is better than competitive brain function monitoring technologies. Masimo has always been a strong advocate for innovation, patient care, and providing choice in the marketplace, so we are happy to become an investor in SEDLine's continued commercial availability and support this new entity in their goal to enhance and expand the applications for brain function monitoring."

About Masimo

Masimo (Nasdaq: MASI) develops innovative monitoring technologies that significantly improve patient care—helping solve "unsolvable" problems. In 1995, the company debuted Measure-Through Motion and Low Perfusion pulse oximetry, known as Masimo SET®, which virtually eliminated false alarms and increased pulse oximetry's ability to detect life-threatening events. More than 100 independent and objective studies demonstrate Masimo SET provides the most reliable SpO2 and pulse rate measurements even under the most challenging clinical conditions, including patient motion and low peripheral perfusion. In 2005, Masimo introduced Masimo Rainbow SET® Pulse CO-Oximetry™, a breakthrough noninvasive blood constituent monitoring platform that can measure many blood constituents that previously required invasive procedures. Masimo Rainbow SET Pulse CO-Oximetry continuously and noninvasively measures total hemoglobin (SpHb™), oxygen content (SpOC™), carboxyhemoglobin (SpCO®), methemoglobin (SpMet®), PVI®, in addition to oxyhemoglobin (SpO2), pulse rate (PR), and perfusion index (PI), allowing early detection and treatment of potentially life-threatening conditions. In 2009, Masimo introduced Rainbow SET Acoustic Monitoring, offering continuous and noninvasive respiration rate (RRa™) from an innovative acoustic sensor applied to the patient's neck. Rainbow Acoustic Monitoring is accurate, easy-to-use, and enhances patient compliance – which may help clinicians detect respiratory compromise and patient distress earlier and offer a breakthrough in patient safety. Founded in 1989, Masimo has the mission of "Improving Patient Outcomes and Reducing Cost of Care by Taking Noninvasive Monitoring to New Sites and Applications." Additional information about Masimo and its products may be found at www.masimo.com.

About SEDLine

SEDLine, Inc. is a research-focused company with the mission to expand the scope and applications for neuromonitoring. Based on over 10 years of technical and clinical development, the SEDLine core product is a pioneering four-channel brain-function monitor that measures the effects of anesthesia and sedation by simultaneously analyzing, quantifying and displaying both sides of the brain's electrical activity. The SEDLine monitor is currently in use at some of the nation's leading healthcare institutions. Privately held and based in Irvine, California, SEDLine has an active R&D effort underway to develop advanced brain function monitoring technologies for next generation monitors to further improve the care of patients under anesthesia or sedation.

Forward Looking Statements

This press release includes forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, in connection with the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations about future events affecting us and are subject to risks and uncertainties, all of which are difficult to predict and many of which are beyond our control and could cause our actual results to differ materially and adversely from those expressed in our forward-looking statements as a result of various risk factors, including, but not limited to the factors discussed in the "Risk Factors" section of our most recent reports filed with the Securities and Exchange Commission ("SEC"), which may be obtained for free at the SEC's website at www.sec.gov. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. All forward-looking statements included in this press release are expressly qualified in their entirety by the foregoing cautionary statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of today's date. We do not undertake any obligation to update, amend or clarify these forward-looking statements or the "Risk Factors" contained in our most recent reports filed with the SEC, whether as a result of new information, future events or otherwise, except as may be required under the applicable securities laws.


Masimo, SET, Signal Extraction Technology, Improving Outcomes and Reducing Cost of Care by Taking Noninvasive Monitoring to New Sites and Applications, Rainbow, SpHb, SpOC, SpCO, SpMet, PVI, RRa, Radical-7, Rad-87, Rad-57,Rad-9, Rad-8, Rad-5,Pulse CO-Oximetry and Pulse CO-Oximeter are trademarks or registered trademarks of Masimo Corporation.

SOURCE Masimo

RELATED LINKS
http://www.masimo.com

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

CARDIN TO HELP KICKOFF CYBER MARYLAND SUMMIT, CYBER SECURITY PLANNING ... - TMCnet

Posted: 08 Jan 2010 10:54 AM PST

Jan 08, 2010 (Congressional Documents and Publications/ContentWorks via COMTEX) -- January 7, 2010 Media Contacts: Sue Walitsky, Office: 202-224-4524 Maureen Kilcullen, DBED, Office: 410-767-1794 CARDIN TO PARTICIPATE WITH O'MALLEY, MIKULSKI AND RUPPERSBERGER UNVEILING MARYLAND'S CYBER SECURITY ECONOMIC DEVELOPMENT PLAN Washington, DC - On Monday, January 11 at 10:00am, U.S. Senator Benjamin L. Cardin (D-MD), chairman of the Senate Judiciary Terrorism and Homeland Security Subcommittee, will join Maryland Governor Martin O'Malley, Senator Barbara A. Mikulski (D-MD), Congressman C.A. Dutch Ruppersberger, Maryland Lt. Governor Anthony Brown, Maryland Department of Business and Economic Development Secretary Christian Johannsson, and other federal and military officials and business leaders, to announce and outline a cyber security economic development plan that will strengthen the State's already strong cyber security industry and increase career and business opportunities for Marylanders. The event will kick off the "CyberMaryland" Summit, during which Governor O'Malley will release Maryland's first comprehensive inventory of the cyber security sector in Maryland, the "CyberMaryland" Report.



As chairman of the Terrorism and Homeland Security Subcommittee, Senator Cardin chaired a hearing in November entitled "Cybersecurity: Preventing Terrorist Attacks and Protecting Privacy in Cyberspace." The hearing reviewed governmental and private sector efforts to prevent a potentially crippling terrorist cyber-attack.

The announcement and the Summit will be held at the National Institute of Standards and Technology (NIST), a non-regulatory federal agency within the U.S. Department of Commerce, charged with advancing and promoting U.S. innovation and industrial competitiveness to enhance economic security.



WHAT: CYBER MARYLAND ANNOUNCEMENT WHO: Senator Benjamin L. Cardin Senator Barbara A. Mikulski Congressman C.A. Dutch Ruppersberger Governor Martin O'Malley Lt. Governor Anthony Brown Maryland Department of Business and Economic Development Secretary Christian Johannsson WHEN: MONDAY, January 11, 2010 Summit is from 9:30 to 11:30 a.m.

Speaking Program begins at 10:00 a.m.

WHERE: National Institute of Standards and Technology (NIST) 100 Bureau Drive, Gaithersburg, Maryland NOTE: For admission to the NIST campus, a secure facility, for the Cyber Maryland Summit, please RSVP to Maureen Kilcullen at mkilcullen@choosemaryland.org by 12:00 noon on Thursday, January 7.

###

[ Back To TMCnet.com's Homepage ]

Hannaford Supermarkets joining program to help New England farmers stay in business - Los Angeles Times

Posted: 12 Jan 2010 08:12 AM PST

By Associated Press

January 12, 2010 | 8:51 a.m.


Copyright 2010 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

COMMENTS (0) | Add Comment

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

JAL Would Seek US Business Tie-Up, Not Capital Deal-Nikkei - CNN Money

Posted: 09 Jan 2010 05:55 PM PST

TOKYO (Nikkei)--Japan Airlines Corp. (JALSY, 9205.TO) and the entity that will sponsor its rehabilitation have decided to limit a possible alliance with either one of the two interested U.S. carriers to a business tie-up, rather than a partnership that includes equity ownership, it was learned Saturday.

JAL and the state-backed Enterprise Turnaround Initiative Corp. of Japan ( ETIC) have apparently concluded that at least for the time being, a capital tie- up with a foreign airline would do more harm than good if JAL wants to quickly implement restructuring measures under the aegis of the government and ETIC.

ETIC originally planned to pick a partner from the two U.S. suitors--AMR Corp.'s (AMR) American Airlines and Delta Air Lines Inc. (DAL)--by the end of this month, but has now decided to spend more time on the selection process in order to best determine which partnership would generate greater synergy. As such, a final decision will come no earlier than February.

Since fall, both Delta and American have been in talks with JAL in hopes of concluding a capital and business alliance. Both U.S. airlines announced their willingness to inject around 100 billion yen worth of loans and investments into JAL, jockeying with each other for the right to buddy up with the Japanese carrier. But ETIC has apparently concluded that a capital tie-up with a U.S. airline could complicate JAL's rehabilitation process, as well as narrow ETIC's options as far as its own exit, which would come once JAL is back on its feet financially.

JAL was receptive to a capital tie-up with either one of the U.S. airlines, saying this would curb the amount of taxpayer money needed for its rehabilitation. But with ETIC now set to sponsor its turnaround, JAL will go along with the state-backed body on the matter.

JAL's top management and senior officials at the Transport Ministry appear to favor an alliance with Delta.

The carrier operates more flights between Japan and the U.S. than American does, and as such, a Delta tie-up is seen as creating greater synergy.

Meanwhile, both Delta and American are expected to press ETIC to soon make a decision on a partner.

(The Nikkei Jan. 10 edition)

    (END) Dow Jones Newswires   01-09-102100ET   Copyright (c) 2010 Dow Jones & Company, Inc. 
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Epicor(R) Retail Business Intelligence 2.0 Helps Retailers Gain a ... - Yahoo Finance

Posted: 11 Jan 2010 05:50 AM PST

NEW YORK, NY--(Marketwire - 01/11/10) - NRF 2010, Booth 2105 -- Epicor Software Corporation (NASDAQ:EPIC - News), a leading provider of enterprise business software solutions to the midmarket and Global 1000 companies, today announced the newest version of its retail Business Intelligence (BI) solution, Epicor Retail Business Intelligence 2.0, which provides new and enhanced features to help retailers gain critical and timely business insight to gauge and improve execution and assist in enterprise decision-making.

In addition to a new enhanced user interface that supports streamlined and intuitive information access, new features include an extended data model encompassing a broader range of retail operations across the enterprise.

Additionally, Epicor Retail BI 2.0 now supports the ability to integrate customer-defined external data elements. With this capability, retailers can further extend their data model, enabling them to access and analyze critical information and gauge performance across a broad range of data streams.

Epicor Retail BI 2.0 features a sophisticated retail data model powered by Microsoft business intelligence (BI) tools. Using a data warehouse and cube optimized for queries, the solution supports custom reporting with automatic drill downs, rich analysis capabilities, dashboards to monitor critical business metrics, plus a variety of direct action tools.

"The new features in our Epicor Business Intelligence 2.0 solution gives retailers greater insight across retail operations for improved management and business execution," said David Henning, executive vice president and general manager for Epicor Retail. "The expanded functionality gives retailers the ability to react to changing market conditions, identify customer segments and improve purchasing, forecasting and profitability while optimizing overall store performance."

"Business intelligence is absolutely essential given the current state of the economy, and retailers operating on very thin margins cannot afford wrong guesses about trends and customer needs -- all of which can have an immediate and devastating impact on profits and even viability," said Sahir Anand, retail research director at Aberdeen Group. "In addition to making better buying and merchandising decisions, access to business intelligence can help retailers be more strategic in areas such as store layout. For example, by understanding how product affinities work and applying the rules of suggestive selling, retailers can place low-selling products next to a related product that is a strong seller to increase their conversion rates and optimize sales. Retailers can also reduce labor costs by ensuring that more employees are on the floor during busy times and less during slower periods."

"Retailers today will benefit from the ability to integrate disparate 'silos' and unlock value by connecting systems that drive new efficiencies and accelerate innovation across global distribution and services networks," said David Gruehn, U.S. retail industry solutions director, Microsoft Corp. "By bringing to the marketplace an integrated and interoperable solution that provides single-version visibility, manageability and usability of a retailer's data, the Epicor Retail BI 2.0 solution empowers retailers to make better business decisions and drive improved performance throughout the organization, using the familiar Microsoft Office interfaces they work with everyday."

La Senza Leverages BI to Get More in Touch with Customers

One leading retailer leveraging Epicor's new Retail Business Intelligence 2.0 solution is La Senza, which sells lingerie, personal care and beauty products.

La Senza Lingerie is the ultimate shopping destination for a vast array of exclusive high quality branded lingerie at affordable prices. Offering women a unique shopping experience with outstanding lingerie presentation in a beautiful and intimate environment, La Senza offers everything from bras and panties, to sleepwear, loungewear, bodycare and accessories. La Senza Corporation operates more than 320 La Senza Lingerie, La Senza Express, throughout Canada. In addition, 487 La Senza and La Senza Girl stores are operated internationally in 45 other countries through its franchise-operated stores.

"Prior to using Epicor's BI solution, our team spent a lot of time gathering and managing data within our spreadsheet systems," said Martin Thibodeau, Vice President of Information Systems at La Senza. "Utilizing Epicor Retail Business Intelligence 2.0, we now present information instead of data. Our reporting process greatly benefits from Epicor's solution, which results in better decision-making and more efficient use of our resources."

Today, many of the world's leading retailers utilize Epicor Retail solutions and services to become more profitable, productive, competitive and eco-friendly. Epicor's solutions use the .NET Framework, Microsoft's platform for building applications, to improve business operations and meet the evolving merchandise and service expectations of today's cross-channel shoppers. Epicor delivers comprehensive retail management solutions to enterprises in all tiers -- from regional chains to multichannel global brands. Retail customers include hundreds of marquee names, from A�ropostale, American Eagle Outfitters, and Ann Taylor to Zales and Zumiez.

About Epicor Software Corporation

Epicor Software is a global leader delivering business software solutions to the manufacturing, distribution, retail, hospitality and services industries. With 20,000 customers in over 150 countries, Epicor provides integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and enterprise retail software solutions that enable companies to drive increased efficiency and improve profitability. Founded in 1984, Epicor celebrates 25 years of technology innovation delivering business solutions that provide the scalability and flexibility businesses need to build competitive advantage. Epicor provides a comprehensive range of services with a single point of accountability that promotes rapid return on investment and low total cost of ownership, whether operating business on a local, regional or global scale. The Company's worldwide headquarters are located in Irvine, California with offices and affiliates around the world. For more information, visit www.epicor.com.

Epicor is a registered trademark of Epicor Software Corporation. Other trademarks referenced are the property of their respective owners. The product and service offerings depicted in this document are produced by Epicor Software Corporation.

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