Press Releases

TONTITOWN, Ark., Feb. 9, 2012 (GLOBE NEWSWIRE) -- P.A.M. Transportation Services, Inc. (Nasdaq: PTSI) today reported net income of $133,037 or diluted and basic earnings per share of $0.02 for the quarter ended December 31, 2011, and net loss of $2,857,371 or diluted and basic loss per share of $0.32 for the year ended December 31, 2011. These results compare to net loss of $1,110,135 or diluted and basic loss per share of $0.12 for the quarter ended December 31, 2010, and net loss of $654,728 or diluted and basic loss per share of $0.07 for the year ended December 31, 2010.

Operating revenues were $89,388,357 for the fourth quarter of 2011, a 14.3% increase compared to $78,203,070 for the fourth quarter of 2010. Operating revenues were $359,242,960 for the year ended December 31, 2011, an 8.2% increase compared to $331,993,826 for the year ended December 31, 2010.

Daniel H. Cushman, President of the Company, commented, "The focus of the Company since my arrival in July 2009 has been to build a sustainable profit model. While this sounds basic and fundamental, the execution of the concept requires discipline and perseverance, and often means forgoing short term profit opportunities in favor of investing in the long term sustainable profit plan. The evolution of our customer base continues to be one of the most evident success stories representing the result of our efforts.

For the fourth quarter 2011, our top five customers comprised 39% of revenue, which represents a 17% decrease from the same period in 2010 when our top five customers comprised 56% of revenue and a 25% decrease from five years ago when revenue from our top five trucking customers represented 64% of trucking revenues for the fourth quarter of 2006. The acceleration of our customer diversification clearly illustrates the success we are having in this area. Approximately $34.1 million of our 2011 revenue came from new customers that we began doing business with in 2011. While achievement of this diversification provides the obvious benefit of protecting us from dependency on any single customer, it has also unencumbered us from leverage that prevented us from pursuing pricing that more fairly compensates us for our services, it has provided a wider array of freight origins and destinations to choose from, and it has reduced the impact of seasonal plant shutdowns. The result of these improvements can be seen in the 4.6% growth in our rate per total mile to $1.38 for the fourth quarter 2011 compared to $1.32 for the same quarter in 2010, and an increase in truck utilization over the same period.

We continuously monitor expenditures to identify opportunities to do things better. Fuel, being our largest operating cost, has a very large potential for savings and we have made great progress in improving fuel efficiency and savings over the last year. Through management of driving habits, compliance with fuel and route optimization, tuning equipment specifications, and other efforts we have improved the fuel efficiency of our pre-2012 year model trucks (trucks manufactured prior to February 2011) by approximately a half mile per gallon for the quarter ended December 31, 2011 compared to December 31, 2010.  

As of December 31, 2011, we have taken delivery of 510 new tractors and 400 new trailers, and plan to continue renewing our fleet at a similar pace throughout 2012. We have been very pleased by the fuel efficiency and mechanical reliability of the new equipment, and are excited to be able to provide such high quality equipment to our customers and drivers. We look forward to additional savings as an increasingly larger portion of our fleet is replaced by new equipment during 2012.

While we will never be content with break even operating results, we were pleased with the year over year improvement and progress in many key areas. We look forward to 2012 and our continued progress towards the achievement of a sustainable profit model, and thank our customers, employees, stockholders and suppliers for their continued support."

P.A.M. Transportation Services, Inc. is a leading truckload dry van carrier transporting general commodities throughout the continental United States, as well as in the Canadian provinces of Ontario and Quebec. The Company also provides transportation services in Mexico through its gateways in Laredo and El Paso, Texas under agreements with Mexican carriers.

The P.A.M. Transportation Services, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5148

Certain information included in this document contains or may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may relate to expected future financial and operating results or events, and are thus prospective. Such forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, excess capacity in the trucking industry; surplus inventories; recessionary economic cycles and downturns in customers' business cycles; increases or rapid fluctuations in fuel prices, interest rates, fuel taxes, tolls, license and registration fees; the resale value of the Company's used equipment and the price of new equipment; increases in compensation for and difficulty in attracting and retaining qualified drivers and owner-operators; increases in insurance premiums and deductible amounts relating to accident, cargo, workers' compensation, health, and other claims; unanticipated increases in the number or amount of claims for which the Company is self insured; inability of the Company to continue to secure acceptable financing arrangements; seasonal factors such as harsh weather conditions that increase operating costs; competition from trucking, rail, and intermodal competitors including reductions in rates resulting from competitive bidding; the ability to identify acceptable acquisition candidates, consummate acquisitions, and integrate acquired operations; a significant reduction in or termination of the Company's trucking service by a key customer; and other factors, including risk factors, included from time to time in filings made by the Company with the Securities and Exchange Commission. The Company undertakes no obligation to update or clarify forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT: P.A.M. TRANSPORTATION SERVICES, INC.
         P.O. BOX 188
         Tontitown, AR 72770
         Lance K. Stewart
         (479) 361-9111

Hasbro signs exclusive worldwide strategic alliance to develop wide range of products based on Zynga’s highly popular and iconic brands

SAN FRANCISCO & PAWTUCKET, R.I.--(BUSINESS WIRE)-- Hasbro, Inc. (NASDAQ: HAS) and Zynga (NASDAQ: ZNGA) announced today a comprehensive partnership that grants Hasbro the rights to develop a wide range of toy and gaming experiences based across Zynga's popular social games and brands. As the world’s largest social game developer with more than 227 million monthly active users, Zynga has created some of the world’s most popular social game brands including FarmVille, CityVille and Words With Friends.

Through this agreement, Hasbro has obtained the license to develop and distribute wide ranging product lines based on Zynga’s game brands in a number of toy and game categories. This deal also creates an array of opportunities for co-branded merchandise featuring a combination of both Hasbro and Zynga brands.

“It’s exciting to partner with Hasbro as we share a common vision for play and a mission to connect the world through games,” said Mark Pincus, founder, CEO and chief product officer of Zynga. “This partnership is so special because it represents an exciting leap forward in enabling people to connect their virtual and real worlds. Hasbro has inspired play through their famous toys, games and action figures and we look forward to working with a company that continually creates meaningful and fun brands.”

“Hasbro is thrilled to have the opportunity to bring Zynga’s immensely popular social games to life in a variety of creative and new expressions that reflect consumers’ growing desire to surround themselves with gaming brands they love anytime, anywhere together with their friends and family,” said Brian Goldner, President and CEO of Hasbro. “Zynga is bringing more games to mainstream culture and is redefining how people play. At Hasbro, we’re proud to help bring their games to even more people around the world. This strategic alliance plays off of both Hasbro’s and Zynga’s proven strengths and is emblematic of the new innovations and new platforms we are creating across our entire gaming portfolio.”

The two companies expect the first products to be available beginning Fall 2012.

About Hasbro

Hasbro, Inc. (NASDAQ: HAS) is a branded play company providing children and families around the world with a wide-range of immersive entertainment offerings based on the Company’s world class brand portfolio. From toys and games, to television programming, motion pictures, video games and a comprehensive licensing program, Hasbro strives to delight its customers through the strategic leveraging of well-known and beloved brands such as TRANSFORMERS, LITTLEST PET SHOP, NERF, PLAYSKOOL, MY LITTLE PONY, G.I. JOE, MAGIC: THE GATHERING and MONOPOLY. The Hub, Hasbro’s multi-platform joint venture with Discovery Communications (NASDAQ: DISCA, DISCB, DISCK) launched on October 10, 2010. The online home of The Hub is www.hubworld.com. The Hub logo and name are trademarks of Hub Television Networks, LLC. Come see how we inspire play through our brands at http://www.hasbro.com. © 2012 Hasbro, Inc. All Rights Reserved.

About Zynga

Zynga Inc. (NASDAQ: ZNGA) is the world's largest social game developer with more than 227 million monthly active users playing its games, which include CityVille, FarmVille, Words With Friends, Scramble With Friends, CastleVille, Hidden Chronicles, Zynga Poker, Empires & Allies, Indiana Jones™ Adventure World, The Pioneer Trail, Mafia Wars and Café World. Zynga's games are available on a number of global platforms, including Facebook, Google+, Tencent, Apple iOS and Google Android. Through Zynga.org, Zynga players have raised more than $10 million for world social causes. Zynga is headquartered in San Francisco.

Forward-Looking Statements

This press release contains forward-looking statements relating to, among other things, launching successful initiatives involving new games and platforms. The ability to deliver new products as expected could differ materially from what is predicted or implied in this press release. Factors that could cause or contribute to such differences include, but are not limited to competition, changing interests of players, intellectual property disputes or other litigation.

More information about factors that could affect Zynga's operating results is included under the captions “Risk Factors” and “Management's Discussion and Analysis of Financial Condition and Results of Operations” in Zynga’s registration statement on Form S-1, as amended, filed with the Securities and Exchange Commission on December 15, 2011, copies of which may be obtained by visiting the company's Investor Relations web site at http://investor.zynga.com or the SEC's web site at www.sec.gov. Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to the company on the date hereof. Zynga assumes no obligation to update such statements.

HASGP

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50164147&lang=en

Zynga Press:Dani Dudeck, 415-503-0303press@zynga.comorZynga Investors:Mike Gupta, 415-339-5266investors@zynga.comorHasbro News Media:Wayne Charness, 401-727-5983wcharness@hasbro.comorHasbro Investors:Debbie Hancock, 401-727-5401dhancock@hasbro.com

Source: Zynga Inc.

CALGARY, ALBERTA--(Marketwire - Feb. 9, 2012) - Computer Modelling Group Ltd. ("CMG" or the "Company") (TSX: CMG) announces an 18% increase in its quarterly dividend to $0.13 per share on CMG's Common Shares. The dividend will be paid on March 15, 2012 to shareholders of record at the close of business on March 8, 2012.

Computer Modelling Group Ltd. is a computer software technology and consulting company serving the oil and gas industry. CMG, recognized by oil and gas companies worldwide as a leading developer of reservoir modelling software, has sales and technical support services based in Calgary, Houston, London, Caracas and Dubai. CMG is the leading supplier of advanced processes reservoir modelling software in the world with a blue chip client base of international oil companies and technology centers in more than 50 countries. The Company's shares are listed on the Toronto Stock Exchange under the trading symbol "CMG."

All dividends paid by Computer Modelling Group Ltd. to holders of Common Shares in the capital of Computer Modelling Group Ltd. will be treated as eligible dividends within the meaning of such term in section 89(1) of the Income Tax Act (Canada), unless otherwise indicated.

FOR FURTHER INFORMATION PLEASE CONTACT:
        Computer Modelling Group Ltd.
        Kenneth M. Dedeluk
        President & CEO
        (403) 531-1300
        ken.dedeluk@cmgl.ca

        Computer Modelling Group Ltd.
        John Kalman
        Vice President, Finance & CFO
        (403) 531-1300
        john.kalman@cmgl.ca
        www.cmgl.ca

Source: Computer Modelling Group Ltd.

POMONA, CA -- (MARKET WIRE) -- 02/09/12 -- American Osteopathic Association (AOA) President Martin S. Levine, DO, has a message for WesternU College of Osteopathic Medicine of the Pacific students: "Think osteopathically."

"You can reduce patients' blood pressures by doing OMT (osteopathic manipulative treatment)," Dr. Levine said. "You can help stimulate circulation by doing OMT. Every patient that walks into your office can benefit from treatment. You as the DO must find what you can do to make them feel better before they leave the room."

Dr. Levine, who visited WesternU on Feb. 7, 2012, is one of 20 osteopathic physicians in his family. His father, Howard M. Levine, DO, served as the 1997-98 AOA president, making them the first father-son presidential tandem in the association's history.

He first realized what it meant to be a DO while growing up in New Jersey and walking through town with his father and grandfather, also an osteopathic physician. Their patients would greet them with gratitude and warmth.

"They would look down at me and they would say, 'Do you know what your grandfather did for me? Do you know what your father did for me?" Dr. Levine said. "That was when I decided, 'Whatever they're doing sounds good to me because this is the way their patients treat them.'"

Dr. Levine was asked to perform OMT on classmates early in his schooling at the Kirksville College of Osteopathic Medicine-A.T. Still University. Despite his relative lack of knowledge at the time, he never refused to give anyone treatment. As he progressed in his career, he looked for people he should be giving treatment to beyond just his patients -- the ward clerk, the nurse, the other physician. They never forgot that treatment.

"You will have those skills. Just like I gained them in Kirksville, you will gain them here. You will need to use those skills because in a lot of cases, it is the standard of care," Dr. Levine said. "If you don't do OMT on your patient, you are not meeting the standard of care in this country now."

Dr. Levine told students they are the keepers of the profession.

"You're extremely important, because you are changing the direction of medical education in this country and how health care is delivered by the way you function," he said. "You will be there to make sure the profession continues, and your school and other schools continue to provide potentially the best clinical care to meet the needs of the American public.

"You're not the future, you're now. You are driving what goes on in Washington and everywhere else in the world. Keep it up. Be mindful that your patients come first. Everyone deserves a treatment. Do manipulation on every one of your patients. You as a DO can figure out what treatment they need."

Contact:
Rodney Tanaka
Office: (909) 469-5402
E-mail: rtanaka@westernu.edu

Source: Western University of Health Sciences