Press Releases

Research and Markets: This Global Digital Economy - the inside Track Report is Designed to Support the Company-Wide Drive to Achieve a Consistent Approach to Business Dec 4, 2009 06:51AM

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/14d00b/the_global_digital) has announced the addition of the "The Global Digital Economy - The Inside Track" report to their offering.

The report/guide is designed to support the company-wide drive to achieve a consistent approach to business.

Today is all about this concept called the 'Digital Revolution' and other innovation in the 'Global Digital Economy'.

This is the general assumption that:

    --  we are moving in an information society;
    --  there is a new paradigm in the economy;
    --  we are coming to the end of industrialism;
    --  the nation-state is in decline in developed countries;
    --  all the old beliefs will give way to something new; and
    --  we are moving in a world more hi-tech but more natural at the same time.

These theorists argue that we will have a break with the past, and that this break is redemption of the problems from the industrial society. What interests the author is that this new rhetoric is actually a very old idea - net hype is the latest version of something one hundred years old: the technological revolution. Post-industrialists claim that the reason we are moving from the past into the future is due to technological convergence, advances in the media and telecommunications.

Colin Thompson, author of the report, finds recent articles proclaiming the triumph of new values springing from rising ownership of personal computers and presence on the internet interesting because this is exactly what Joseph Stalin said about the industrial revolution. This new paradigm is more natural is what Herbert Spencer, the great English liberal theorist of the 19th century, said about the new society in his day.

As for globalisation, lots of people are talking about it, but the economy has only recently become as globalised as it was in 1914. In fact, if you read 19th century theorists or early 20th century theorists like Max Weber, you find that globalisation is not new.

Discover how this report will enable you to deliver superior long-term value to its shareholders and encompass the retention of its employees and customers by understanding global business. Also, excellent information for individuals who wish to understand the 'Thriving Global Digital Economy'.

Open your mind to the 'Challenges' we face in a global trading environment to be successful.

This report is the result of a fresh in-depth analysis and evaluation of the state of business globally for people that need an understanding of the global digital economy for enhancing organisational competitiveness and reveals how the landscape of this sector has been evolving dramatically over the years.

The report is very comprehensive with 62 pages and 103 PowerPoint slides, yet easy to navigate as carefully structured with a detailed table of contents.

Key Topics Covered:

Incorporated in the report is over 62 pages of text/diagrams/charts and 103 PowerPoint slides of vital information covering the following areas;

    --  Executive Summary
    --  Defining the Digital Revolution
    --  The Digital Economy
    --  E Commerce
    --  The Relationship between Information and Knowledge
    --  Digital Entrepreneurship and Innovation
    --  Strategies for a Global Digital Economy
    --  Other Business Models
    --  The Power of Positive Habits - Useful Information

Plus 103 very powerful slides full of information

Author:

Colin Thompson is a former successful Managing Director of Transactional/Print Manufacturing Plants, Print Management/Workflow Solutions companies and other organisations, former Group Chairman of the Academy for Chief Executives and Non-Executive Director, helping companies raise their 'bottom-line' and 'increase cash flow'. Plus, helping individuals to be successful in business and life in general. Author of several publications, research reports, guides, business and educational models on CD-ROM's/Software and over 400 articles published on business and educational subjects worldwide. Colin is also an International Speaker and Visiting University Professor.

For more information visit http://www.researchandmarkets.com/research/14d00b/the_global_digital

    Source: Research and Markets

XATA Reports Fiscal Year-End and Fourth Quarter Results Dec 4, 2009 06:50AM

MINNEAPOLIS, Dec. 4 /PRNewswire-FirstCall/ -- XATA Corporation (Nasdaq: XATA), today reported revenue of $65.3 million for fiscal 2009, an increase of 22 percent compared to $53.7 million for fiscal 2008. The revenue increase was primarily driven by a 46 percent growth in software revenue offset by a 2 percent decline in systems revenue which was impacted by sluggish economic conditions. The Company acquired 36 new customers in fiscal 2009. The organic revenue growth for fiscal 2009 was 10 percent.

Fiscal 2009 software revenue, including monthly subscriptions from XATANET and monthly fees from our MobileMax and OpCenter product lines, accounted for 53 percent of total revenue compared to 44 percent for the same period in fiscal 2008. For the same period XATANET software revenue increased by 64 percent compared to 49 percent growth in fiscal 2008.

"Fiscal 2009 represented another strong year for XATA in what was one of the most difficult economic environments we have faced in some time," said Jay Coughlan, chairman and president of XATA Corporation. "We set out three years ago to increase deployed systems, increase revenue growth and improve profitability. As of the end of fiscal 2009 we now have over 73,000 total deployed systems, achieved a three year cumulative annual revenue growth rate of 29 percent and improved operating results in excess of $6.8 million over the same period."

Gross margins continued to improve during fiscal 2009 to 45 percent of revenue compared to 44 percent of revenue for fiscal 2008 as the result of improved software margins. Software margins are in excess of 72 percent for fiscal 2009 compared to 70 percent in fiscal 2008.

Selling, general and administrative costs were $24.2 million or 37 percent of revenue and $21.1 million or 39 percent of revenue for fiscal 2009 and 2008, respectively. As a percentage of revenue, these costs decreased 4 percentage points as a result of our continued ability to leverage this cost structure, offset by $1.2 million in litigation settlement costs in fiscal 2009.

Research and development costs were $5.5 million or 8 percent of revenue and $5.0 million or 9 percent of revenue for fiscal 2009 and 2008, respectively. Research and development costs increased by $0.5 million as the Company continues to invest in new solutions and improved functionality.

The Company reported an improvement of $0.11 per diluted share for fiscal 2009 as the net loss to common shareholders improved to $2.8 million, or $0.33 per diluted share, compared to a net loss to common shareholders of $3.6 million, or $0.44 per diluted share for fiscal 2008.

For fiscal 2009, EBITDA (earnings before interest (net), taxes, depreciation, amortization, stock based compensation and preferred stock dividends and deemed dividends) increased by $0.27 per diluted share. The Company reported EBITDA of $4.1 million and $0.48 per diluted share compared to an EBITDA of $1.7 million and $0.21 per diluted share for fiscal 2008.

Fourth Quarter Performance

XATA reported revenue of $16.2 million for the quarter ended September 30, 2009, compared to $17.7 million for the same period in fiscal 2008. The decrease in revenue was primarily driven by the sluggish economy's impact on systems revenue as this revenue declined 31 percent offset by a 21 percent growth in software revenue. The Company acquired 4 new customers in the fourth quarter of fiscal 2009.

For the fourth quarter of fiscal 2009 software revenue, including monthly subscriptions from XATANET and monthly fees from our MobileMax and OpCenter product lines, accounted for 58 percent of total revenue compared to 43 percent for the same period in fiscal 2008. For the same period XATANET software revenue increased by 56 percent compared to fiscal 2008.

"Lower new system sales activity for the fourth quarter and the settlement of an outstanding patent litigation claim led to a fourth quarter loss and breakeven EBITDA," said Mark Ties, chief financial officer of XATA. "Excluding the patent settlement, the fourth quarter results represent our third consecutive positive operating income quarter and seventh consecutive positive EBITDA quarter."

Operationally, gross margins as a percent of revenue decreased to 43 percent for the fourth quarter of fiscal 2009 compared to 44 percent for the same period of fiscal 2008. Overall margins were impacted by reduced systems margins offset by growth in higher margin software revenue. Software margins increased to 75 percent for the fourth quarter of fiscal 2009 compared to 71 percent for the same period of fiscal 2008.

Selling, general and administrative costs were $6.9 million or 42 percent of revenue and $6.0 million or 34 percent of revenue for the fourth quarter of fiscal 2009 and 2008, respectively. The increase was a result of $1.2 million of litigation settlement costs in the fourth quarter of fiscal 2009.

Research and development costs were $1.3 million or 8 percent of revenue and $1.6 million or 9 percent of revenue for the fourth quarter of fiscal 2009 and 2008, respectively. Research and development costs decreased as a percent of revenue due to decreased personnel costs for the fourth quarter of fiscal 2009 compared to the fourth quarter of fiscal 2008.

The Company reported a net loss to common shareholders of $1.6 million, or $0.19 per diluted share, compared to a net loss to common shareholders of $0.4 million, or $0.05 per diluted share for the same period of fiscal 2008.

For the fourth quarter of fiscal 2009, the Company reported breakeven EBITDA compared to an EBITDA of $1.2 million and $0.14 per diluted share for the same period of fiscal 2008.

Non-GAAP vs. GAAP Financials

To supplement the Company's consolidated financial statements presented in accordance with GAAP, the Company provides certain non-GAAP measures of financial performance. These non-GAAP measures include EBITDA, which is earnings before interest (net), taxes, depreciation, amortization, stock based compensation and preferred stock dividends and deemed dividends, and EBITDA per diluted share. The Company's reference to these non-GAAP measures should be considered in addition to results prepared under current accounting standards, but are not a substitute for, or superior to, GAAP results.

These non-GAAP measures are provided to enhance investors' overall understanding of the Company's current financial performance and ability to generate cash flow. In many cases non-GAAP financial measures are used by analysts and investors to evaluate the Company's performance. Reconciliation to the nearest GAAP measure of all non-GAAP measures included in this press release can be found in a financial table included below in this press release.

About XATA

Based in Minneapolis, MN, XATA Corporation (NASDAQ: XATA) is an expert in optimizing fleet operations by reducing costs and ensuring regulatory compliance for the trucking industry. Our customers have access to current vehicle data anywhere, anytime, through our monthly service packages. Our software and professional services help companies manage fleet operations, enhance driver safety and deliver a higher level of customer satisfaction. XATA provides expert services to develop the business processes required to deliver the profitability, safety and service level demanded by today's competitive transportation environments. Today, XATA systems increase the productivity of over 73,000 trucks across North America. For more information, visit www.xata.com or call 1-800-745-9282.

Cautionary note regarding forward-looking statements.

This announcement includes forward-looking statements. Statements that are not historical or current facts, including statements about beliefs and expectations, are forward-looking statements. Such statements are based on current expectations, and actual results may differ materially. The forward-looking statements in this announcement are subject to a number of risks and uncertainties including, but not limited to, the possibility of continuing operating losses, the ability to adapt to rapid technological change, dependence on positioning systems and communication networks owned and controlled by others, the receipt and fulfillment of new orders for current products, the timely introduction and market acceptance of new products, the ability to fund future research and development activities, the ability to establish and maintain strategic partner relationships, and the other factors discussed under "Risk Factors" in Part IA, Item 1 of our Annual Report on Form 10-K for the fiscal year ended September 30, 2008 (as updated in our subsequent reports filed with the SEC). These reports are available under the "Investors" section of our Web site at www.xata.com and through the SEC Web site at www.sec.gov. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them in light of new information or future events.

                                 XATA CORPORATION
                           CONSOLIDATED BALANCE SHEETS
                              (Amounts in thousands)

                                              September 30,  September 30,
                                                   2009            2008
                                                   ----            ----
                                               (Unaudited)
 Current assets
      Cash and cash equivalents                    $3,440          $8,904
      Accounts receivable, net                      9,323          11,365
      Inventories                                   4,104           2,735
      Deferred product costs                        2,060           1,474
      Current portion of investment in
       sales-type leases                              281             768
      Prepaid expenses and
       other current assets                           783             691
                                                      ---             ---
           Total current assets                    19,991          25,937

 Equipment and leasehold improvements, net          3,980           3,925
 Intangible assets, net                            10,725          12,420
 Goodwill                                           3,011           3,011
 Deferred product costs, non-current                2,470           2,685
 Investment in sales-type leases,
  net of current portion                               29             310
 Debt financing costs, net                            458             708
                                                      ---             ---

           Total assets                           $40,664         $48,996
                                                  =======         =======


 Current liabilities
      Current portion of long-term
       obligations                                    $84          $1,845
      Accounts payable                              5,366           4,394
      Accrued liabilities                           5,914           6,574
      Deferred revenue                              5,280           4,996
                                                    -----           -----
           Total current liabilities               16,644          17,809

 Long-term obligations,
  net of current portion                            8,534          16,342
 Deferred revenue, non-current                      6,101           7,848
 Other long-term liabilities                          820             805
                                                      ---             ---
           Total liabilities                       32,099          42,804

 Shareholders' equity
      Preferred stock                              16,860          15,963
      Common stock                                 32,624          28,321
      Accumulated deficit                         (40,919)        (38,092)
                                                  -------         -------
           Total shareholders' equity               8,565           6,192
                                                    -----           -----

           Total liabilities and
            shareholders' equity                  $40,664         $48,996
                                                  =======         =======

                                 XATA CORPORATION
                        CONSOLIDATED STATEMENTS OF OPERATIONS
                  (Amounts in thousands, except per share amounts)
                                   (Unaudited)

                              Three Months Ended      Twelve Months Ended
                                 September 30,           September 30,
                                 -------------           -------------
                               2009        2008        2009         2008
                               ----        ----        ----         ----
Revenue                      $16,198     $17,743     $65,325      $53,726

Cost of goods sold             9,196      10,026      36,140       29,956
Selling, general and
 administrative                6,871       6,005      24,236       21,062
Research and development       1,290       1,639       5,507        5,032
                               -----       -----       -----        -----
Total costs and expenses      17,357      17,670      65,883       56,050
                              ------      ------      ------       ------

Operating (loss) income       (1,159)         73        (558)      (2,324)
Interest income                   16          77         112          404
Interest expense                (377)       (523)     (1,621)      (1,441)
                                ----        ----      ------       ------

Loss before income taxes      (1,520)       (373)     (2,067)      (3,361)
Income tax expense               (35)          -         (35)           -
                                 ---         ---         ---          ---
Net loss                      (1,555)       (373)     (2,102)      (3,361)

Preferred stock dividends
 and deemed dividends            (51)        (49)       (725)        (261)
                                 ---         ---        ----         ----
Net loss to common
 shareholders                $(1,606)      $(422)    $(2,827)     $(3,622)
                             =======       =====     =======      =======

Net loss per common share -
 basic and diluted            $(0.19)     $(0.05)     $(0.33)      $(0.44)
                              ======      ======      ======        ======

Weighted average common and
 common share equivalents
   Basic and diluted           8,616       8,431       8,551        8,326
                               =====       =====       =====        =====

                                  XATA CORPORATION
                RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
                  (Amounts in thousands, except per share amounts)
                                     (Unaudited)

                            Three Months Ended        Twelve Months Ended
                               September 30,             September 30,
                               ------------              -------------
                            2009           2008         2009        2008
                            ----           ----         ----        ----
Net loss to
 common shareholders     $(1,606)         $(422)     ($2,827)    ($3,622)

Adjustments:
  Net interest expense       361            446        1,509       1,037
  Income Taxes                35              -           35           -
  Stock-based compensation   418            350        1,613       1,588
  Depreciation and
   Amortization expense      767            769        3,017       2,470
  Preferred stock dividends
   and deemed dividends       51             49          725         261
                             ---            ---          ---         ---
Total adjustments          1,632          1,614        6,899       5,356
                           -----          -----        -----       -----

Non-GAAP EBITDA              $26         $1,192       $4,072      $1,734
                             ===         ======       ======      ======


Non-GAAP EBITDA per
 diluted share             $0.00          $0.14        $0.48       $0.21
                           =====          =====        =====       =====

Shares used in calculating
 non-GAAP EBITDA per
 diluted share             8,616          8,431        8,551       8,326
                           =====          =====        =====       =====

SOURCE XATA Corporation

Research and Markets: Telecommunications in Malaysia 2009: an in-Depth Report Describing the Current State of the Telecommunications Industry in Malaysia Dec 4, 2009 06:49AM

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/3b6c3a/telecommunications) has announced the addition of the "Telecommunications in Malaysia 2009" report to their offering.

This Study has been published for those companies requiring an in-depth report describing the current state of the telecommunications industry in Malaysia.

That industry is a curious mixture, being advanced in some respects and backward in others. The mobile sector is vibrant, with keen competition among the operators and rapid growth in subscriber numbers. The regulatory regime is forward looking and liberal. However, in many other respects the industry has hardly developed at all over the past decade. The incumbent retains a virtual monopoly in local services and also dominates much of the rest of the industry, despite the fact that competition is supposedly possible in all telecom markets.

The government wants the country to become an information-based society by 2020, and the telecom sector plays a major role in its vision. The current dominance of one operator in most segments of the telecom industry is not conducive to the government meeting its objectives. Hence there are good prospects for companies to enter the market in support of the government's plans provided that it is done with understanding and sensitivity.

This Study is designed to provide the insights needed.

The topics it covers are:

    --  Key National Data
    --  Country Overview
    --  Telecom Overview
    --  Regulatory Environment
    --  Local Services
    --  Long Distance Services
    --  International Services
    --  Mobile Telephone Services
    --  Wireless Data Services
    --  Internet Services
    --  e-Commerce
    --  Broadband Services
    --  Paging Services
    --  Trunked Radio Services
    --  Cable and Satellite Infrastructure
    --  Pay-TV Services
    --  Telecom Operator Profiles
    --  Contact Details
    --  Satellites Serving Malaysia
    --  Submarine Cables Serving Malaysia

The publisher, Asia Pacific Telecom Research Ltd (APTR), was founded in 1984 and was the first IT research organisation to be based in Asia. It has produced research reports covering the IT and telecom industries throughout the Asian region continuously for the past 26 years.

This Study is one of 12 in a series that covers the following countries:

As with all the reports in this series, this Study is:

    --  thoroughly researched, with data accumulated from a wide variety of
        reliable sources
    --  reviewed and re-written every 6 months, ensuring that purchasers always
        receive the latest information
    --  supported by accurate statistical data, typically showing a 3-year
        history and a 3-year forecast
    --  produced in a consistent format, allowing easy comparison of one country
        with any other
    --  based on more than 20 years experience, bringing background and
        authenticity to the Study
    --  competitively priced, giving purchasers maximum value for money

APTR's Studies are typically purchased by the following organisations for the purposes as shown:

    --  Public Financing Bodies, such as the World Bank, assessing where their
        funds should be placed
    --  Venture Capitalists considering investments in the Asian region
    --  Merchant Bankers advising their clients about the best countries (or
        companies) in which to invest
    --  Lawyers with clients considering the establishment of an Asian office
    --  Consultants undertaking projects that require telecom data from Asia
    --  Equipment Vendors assessing the opportunities to expand into new markets
    --  Telecom Operators evaluating the competitive position in Asian countries
    --  Public Relations firms devising marketing material for their clients
    --  Research Companies requiring to fill gaps in their own product lines
    --  Telecom Regulators needing to remain informed about the telecom industry
        in other countries
    --  Universities requiring support for academic research
    --  Libraries

Executive Summary:

Malaysia is, potentially, a rich country with abundant natural resources and a reasonably well-educated workforce. It is a federation of 13 states and three Federal Territories. It aspires to be one of the region's major economic powers, with the goal of being a fully developed country by 2020.

Geographically, it consists of two parts. Peninsular Malaysia is a long stretch of land extending southwards from Thailand to the Straits of Johore, which separate it from Singapore. Sabah and Sarawak, adjoining areas located on the island of Borneo, and a few offshore islands together make up East Malaysia. East Malaysia and Peninsular Malaysia are 600 km apart at their closest point.

Malaysia's population is predominantly Malay, but about a quarter are Chinese and nearly 10% are of Indian extraction.

The country made remarkable economic progress in the decade up to the start of the Asian economic downturn in 1997. That downturn had a considerable impact on Malaysia, although not as great as on some of its neighbours. Since then, the country's economy has been slowly recovering.

The telecom industry in Malaysia has always been one of contrasts and anomalies, and it continues in this vein. Also, the level of development in most areas is disappointing for a country with major ambitions.

For example, numerous fixed line licences were issued when liberalisation was introduced but even after more than a decade the incumbent operator still controls almost 100% of the local loop (and, therefore, dependent services such as fixed line broadband).

Local services in Malaysia have traditionally been seriously deficient. Today, the country's teledensity is still below that of many other countries at a similar level of economic development, yet the number of fixed lines in service is growing only minimally..

The country is not an easy one in which to provide long distance services. Much of it is mountainous and forested. This is true for a large part of Peninsular Malaysia and even more so in the East Malaysian states of Sabah and Sarawak. The sparse population also discourages the provision of telecom infrastructure in these areas.

The international services market is, like the rest of the fixed line segment, dominated by the previous monopoly operator. Despite the government's efforts to introduce competition, little has materialised, though a number of VoIP operators have appeared in recent years.

In January 1985, Malaysia distinguished itself by becoming one of the first countries in the Asia-Pacific region to introduce mobile telephony. Despite the early start, the country then became something of a laggard in mobile use, a situation that has only recently been corrected.

Broadband is another case in point. The government has been promoting broadband use for many years yet the incumbent operator, which still has the government as its largest shareholder, did not introduce the service until 2001 and failed to promote it at all aggressively for some time. Even today the uptake of broadband is still fairly low. Indeed, Malaysia has one of the lowest penetrations of broadband services throughout the Asia-Pacific region.

Broadband has a prominent place in the government's plans. It is aiming at 75% household broadband penetration by the end of 2010.

Wireless Data services were first introduced in 2000 but, apart from Short Messaging Services (SMS), have yet to take off to any great extent. Two 3G licences were issued in March 2003, with the first service beginning in May 2005 in certain of the more densely populated parts of the country. The second licensee introduced its service a couple of months later. Both licensees plan to extend their coverage progressively across most of the country.

Four WiMAX licences have been issued and services have already begun.

Internet usage is currently quite low for a country at Malaysia's stage of economic development. This is largely due to the slow uptake of broadband services. Another inhibiting factor has been the attempts by government to control the distribution of what it sees as objectionable material over the Internet.

Regarding e-Commerce, the government began to promote online business in 1998 through a number of initiatives, but the volume of online trading is still small. Most of the activity to date has been with B2B transactions; B2C transactions are still very limited.

For some years, paging promised to be very successful but, like a number of other telecom services in Malaysia, it never realised its potential. These services have now been discontinued.

Trunked Radio services appear to have reached something of a plateau. The rapidly growing coverage of cellular services has taken away much of the market for Trunked Radio, but the latter's advantages in certain situations in the Malaysian environment remains.

The country is now reasonably well endowed with telecom infrastructure, at least in its populated areas. There are still a number of infrastructural deficiencies elsewhere, however. Services are lacking in much of the rural areas in the country, especially in East Malaysia.

Malaysia now has three Pay-TV operators, one employing direct-to-home (DTH) satellite transmission, a second using UHF cable and a third offering DSL services over the telecom network.

Overall, the telecom industry is showing significant progress in certain areas, but it continues to suffer from some serious problems. Specifically, competition is still limited (except in the mobile sector), while certain of the operators continue to experience financial difficulties.

Key Topics Covered:

    --  KEY NATIONAL DATA
    --  COUNTRY OVERVIEW
    --  TELECOM OVERVIEW
    --  REGULATORY ENVIRONMENT
    --  LOCAL SERVICES
    --  LONG-DISTANCE SERVICES
    --  INTERNATIONAL SERVICES
    --  MOBILE TELEPHONE SERVICES
    --  WIRELESS DATA SERVICES
    --  BROADBAND SERVICES
    --  INTERNET SERVICES
    --  E-COMMERCE
    --  PAGING SERVICES
    --  TRUNKED RADIO SERVICES
    --  CABLE & SATELLITE INFRASTRUCTURE
    --  PAY-TV SERVICES
    --  COMPANY PROFILES
    --  CONTACT DETAILS

Companies Mentioned:

    --  Celcom (Malaysia) Bhd
    --  Telekom Malaysia
    --  DiGi Communications
    --  Time dotCom
    --  Maxis Communications
    --  Astro All Asia Networks
    --  U Mobile

For more information visit http://www.researchandmarkets.com/research/3b6c3a/telecommunications

    Source: Research and Markets

Research and Markets: 2009 Plimsoll Analysis - Patent Attorneys - a Comprehensive Profile of 52 Companies Operating in the UK Market Dec 4, 2009 06:43AM

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/3ccc5b/2009_plimsoll_anal) has announced the addition of the "2009 Plimsoll Analysis - Patent Attorneys - A comprehensive profile of 52 companies operating in the UK market" report to their offering.

The UK Patent Attorneys market analysis

This edition of the Plimsoll Analysis is the most comprehensive review yet of the UK Patent Attorneys industry. With the market due for a prolonged period of consolidation to weed out over capacity and weakened competitors, keeping up with development will be vitally important. Whether you are looking for companies to buy, thinking of selling or just keeping up with developments in the market, this special Plimsoll Industry Analysis will give you a new outlook on your market.

What you receive on each company

This special edition of our report is designed to alert you to merger and acquisition activity in your market. We individually assess each of the companies in their own 2 paged section of the report.

You will receive the following on each company:

    --  An individual valuation
    --  A full financial health assessment
    --  A breakdown of the board members and ownership structure
    --  A 10 point takeover attractive rating

Executive Summary

Plenty of cash rich to rescue the needy

1 in 25 companies in the UK Patent Attorneys industry could change ownership as a result of the current economic climate, claims a new study by leading financial analysts Plimsoll. With a surprising number of cash rich competitors waiting in the wings the market could be set for a prolonged period of consolidation. David Pattison, author of the new Plimsoll Industry Analysis - Patent Attorneys, explains, I am sure any director worth his salt would agree that, in the current climate, there are simply too many companies chasing too little market. With many directors eyeing the exit doors and highly leveraged buyouts consigned to history for the time being it really is a buyers market out there for cash rich companies Pattison continues, In the Plimsoll Industry Analysis we have identified 5 companies that have a sizeable cash reserve sat on their balance sheets that, due to record low interest rates, is generating nothing. These companies are now in the position to buy up large chunks of market share at rock bottom prices and make that money work for them. They must be like kids in a sweet shop at the moment - all those distressed competitors available at a fraction of their true value. The UK Patent Attorneys market is still widely regarded as one of the UK's most fragmented sectors. In our report we analysed the UK's leading 52 companies are rated each on their acquisition attractiveness this will tell you which companies are set to be buying and which are exposed to takeover.

For more information visit http://www.researchandmarkets.com/research/3ccc5b/2009_plimsoll_anal

    Source: Research and Markets

Members of the European Parliament Host Briefing Session on Khalistan Dec 4, 2009 06:37AM

BRUSSELS, December 4 /PRNewswire/ -- Members of the European Parliament and Members of the South Asia Peace Forum today jointly hosted a briefing session on "Khalistan: The Hidden Story".

The briefing was attended by 15 MEPs. The discussions focused on the activities of Khalistani groups in Europe and the threat they could pose to the European Union. The banned Khalistani groups in India and Europe were approaching International Organizations like the United Nations and European Parliament. Therefore the MEPs needed to be careful when they received requests for meetings from such groups and people.

The group highlighted their willingness to organize further briefings with counter parts from Parliament of India to discuss ways and methods of combating terrorist groups like the Khalistanis.

The group agreed to meet in January 2010 to examine the issue further and looked forward to receiving further information including briefings about the Khalistan movement and methods necessary for combating the agenda of the Khalistani groups.

SOURCE South Asia Peace Forum, European Parliament