Press Releases

LOS ANGELES, July 5 /PRNewswire-USNewswire/ -- HENAAC a 501(c) 3 non-profit organization dedicated to keeping America technologically strong by promoting Science, Technology, Engineering and Math (STEM) careers will convene with public officials, the Department of Defense, the U.S. Army Corps of Engineers to launch the STEM-Up Initiative in Boyle Heights, Monday, July 6, 2009, at Hollenbeck Middle School. The STEM-Up Initiative is a HENAAC program funded through a contract from the Department of Defense as administered by the United States Army Corps of Engineers, Los Angeles District office.

In these days of social and economy polarization it is critical to underline that America's security, prosperity, and well-being depend more and more on the vitality of our technical workforce. With today's intense global competition for ideas and talent, we must sustain our nation's educational drive as it relates to STEM. The first of its kind, the STEM-Up Initiative will bring STEM Career and College Pathways to light in Boyle Heights.

The initiative will provide educational and enrichment opportunities to the students, teachers, and parents of the 13 Elementary and 3 Middle Schools that feed into Roosevelt and Mendez High Schools. The initiative will be implemented through a community by community solution of a value chain of opportunities that create college and career pathways to be able to pursue professions in STEM. The initiative will work with community organizations to connect the 80,000 Boyle Heights residents to the surrounding STEM community, consisting of institutions of higher learning, government agencies, corporations, and other organizations.

The Press Conference will be featuring the partnerships with U.S. Congresswoman Lucille Roybal-Allard; Principal Director, Clarence Johnson, Office of the Deputy Under Secretary, Department of Defense; Col. Thomas H. Magness IV, Commander U.S. Army Corps of Engineers; Los Angeles City Councilmember Jose Huizar, Board President Monica Garcia, Los Angeles Unified School District; Dr. Mohammad H. Qayoumi, President, California State University, East Bay, Chair, Engineering Initiative, California State University; Dean, H. Keith Moo-Young, Jr., Ph.D., College of Engineering, Computer Science, and Technology, CSULA; and HENAAC Board of Director; Chair and CEO, Ray Mellado, HENAAC.

Concurrently, the STEM-Up Initiative launch will host a Community event where parents, students, and community members will be given an overview of the STEM-Up Initiative, and how the initiative will provide support to the Boyle Heights Community. Additionally, participants will be provided with resources and information pertaining to college and career pathways in STEM, as well as the opportunity to take part in hands-on activities.

    What:   STEM-Up Initiative Press Conference and Community Event

    Who:    STEM-Up Initiative will bring Science, Technology, Engineering,
    and Math Career and College Pathways to light in underserved communities
    by creating strategies to integrate STEM in Boyle Heights.

    When:   July 6, 2009 Press Conference 9:30a.m. - 10:30a.m.
            Community Event 9:00a.m.-11:30a.m. (Registration at 8:30a.m.)

    Where:  Hollenbeck Middle School, 2510 E 6th Street, Los Angeles, CA 90023

    Media Registration: Register by contacting Julio Esperias at
    jesperias@henaac.org or at (323) 262-0997

ABOUT HENAAC

Keeping America technologically strong by promoting Science, Technology, Engineering and Math (STEM) careers especially in underserved communities.

SOURCE HENAAC

TOKYO & SAN DIEGO--(BUSINESS WIRE)-- NTT DOCOMO, INC. (TSE: 9437) (LSE: NDCM) (NYSE: DCM) and San Diego, California-based PacketVideo Corporation, a subsidiary of NextWave Wireless Inc. (NASDAQ: WAVE) and a pioneer in wireless and digital home multimedia software and service applications, today announced that DOCOMO has acquired a 35-percent stake in PacketVideo for $45.5 million. The all-cash transaction, effective immediately, is intended to strengthen DOCOMO's position in advanced music and video services in Japan.

The companies have enjoyed a productive partnership since 1998, enabling PacketVideo's technologies to be incorporated in multimedia applications for DOCOMO's FOMA(TM) 3G mobile network services. To date, PacketVideo's popular CORE(TM) multimedia player, pvPlayer(TM), has been installed in more than 90 DOCOMO handset models.

The strategic alliance will enable DOCOMO to enhance its music and video service offerings while augmenting the competitiveness of both companies. In particular, the strengthened partnership will facilitate the efficient joint development of PacketVideo's new technologies, ensuring a stable supply of increasingly advanced mobile applications technologies to DOCOMO.

Toshio Miki, Associate Senior Vice President, Managing Director of Communication Device Development Department for NTT DOCOMO, said: "PacketVideo has been a key supplier of software to DOCOMO and has made important contributions to the success of our services in the Japanese market. We are pleased to become an equity partner of PacketVideo and are very confident of the company's continued growth and long-term success."

James Brailean, Ph.D., CEO of PacketVideo said: "We are honored to welcome DOCOMO as an investor. We are building on our unique and highly successful relationship with DOCOMO to further strengthen PacketVideo's position in developing the best in class media experience, regardless of format or platform. PacketVideo is the global leader in delivering rich media solutions for mobile operators, and DOCOMO's support will enable us to accelerate our innovation and growth."

For further information, please contact:

NTT DOCOMO                                             PacketVideo

Shoichiro Kaneko or Taro Ito                           Jeff Seedman

International PR                                       Ruder Finn, Inc.

Public Relations Department                            Tel: (310) 882-4009

Tel: +81-3-5156-1366                                   seedmanj@ruderfinn.com

Fax: +81-3-5501-3408

Website: www.nttdocomo.com

Inquiries may also be made through the following URL:

http://www.nttdocomo.com/contact

About NTT DOCOMO

NTT DOCOMO is the world's leading mobile operator and provider of advanced mobile services. The company serves over 54 million customers in Japan, including 48 million using i-mode(TM), the world's most popular mobile e-mail/Internet platform, and 49 million using FOMA(TM), the world's original 3G mobile service based on W-CDMA. As a leader in the development of cutting-edge mobile technologies, DOCOMO is continually expanding the role of mobile phones as versatile and highly personalized "lifestyle tools" for everyday life, including with a wide range of innovative services for mobile payments, GPS, mobile TV, multimedia content and much more. NTT DOCOMO is listed on the Tokyo (9437), London (NDCM) and New York (DCM) stock exchanges. For more information, visit www.nttdocomo.com.

About PacketVideo

Founded in 1998, PacketVideo is the software pioneer powering the world's leading multimedia services on millions of home and mobile devices. PacketVideo is a subsidiary of NextWave Wireless Inc. (NASDAQ: WAVE).

Note Regarding Forward-Looking Statements: This press release contains "forward-looking statements" for purposes of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual events or results could differ materially from the events or results predicted or from any other forward-looking statements made by, or on behalf of, PacketVideo, and should not be considered as an indication of future events or results. Important factors that could cause actual events or results to differ materially are described in filings of our parent company, NextWave Wireless Inc. (NASDAQ: WAVE) with the Securities and Exchange Commission. All such documents are available through the SEC's website at www.sec.gov. PacketVideo and NextWave Wireless Inc. make no commitment to revise or update any forward-looking statements in order to reflect changes in events or circumstances after the date any such statement is made, except as may be required pursuant to applicable law.

FOMA and i-mode are trademarks or registered trademarks of NTT DOCOMO, INC. in Japan and/or other countries.

FOMA service is only available in Japan.

CORE and pvPlayer are registered trademarks of PacketVideo Corporation in the United States and other countries.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6000459&lang=en

    Source: PacketVideo Corporation

    Strong Second Weekend Propels IMAX Release Past $30 Million Mark Globally

    IMAX Release Generates More Than 10% of the Film's Total Box Office on
    Less Than 2% of the Screens

LOS ANGELES, July 5 /PRNewswire-FirstCall/ - IMAX Corporation (NASDAQ: IMAX; TSX: IMX) today announced that the Paramount Pictures release Transformers: Revenge of the Fallen: The IMAX Experience, directed by Michael Bay and featuring scenes filmed with IMAX(R) cameras, posted strong second weekend results, with an estimated $4.6 million coming from 169 IMAX(R) theatres domestically during the three days from Friday, July 3 through Sunday, July 5. The IMAX release contributed more than 10% of the film's $42.5 million weekend total on less than 2% of the screens.

The film also generated approximately $1.4 million from IMAX theatres internationally, bringing the worldwide IMAX total to over $30 million in the first 12 days of release.

"The continued growth of our network enables us to deliver larger box office returns faster than ever before," said IMAX CEO Richard L. Gelfond. "We're very happy with the continued performance of the film, and we're encouraged by the strong consumer appetite for The IMAX Experience(R) in new markets."

"Michael Bay's powerhouse film continues to resonate with IMAX moviegoers around the world, and we're pleased with its record-setting performance," added Greg Foster, Chairman and President of IMAX Filmed Entertainment. "The special IMAX sequences have added an extra level of excitement to the IMAX release and we once again have reason to thank Michael, Steven Spielberg and our partners at Paramount."

Transformers Revenge of the Fallen: The IMAX Experience features select scenes filmed with IMAX cameras. Director Michael Bay has seamlessly integrated the IMAX footage with state-of-the-art CGI and visual effects to create an unprecedented look and feel for the sequel to Transformers. The movie sequences shot in traditional 35mm have been digitally re-mastered into the unparalleled image and sound quality of The IMAX Experience with IMAX DMR(R) (Digital Re-mastering) technology. The IMAX DMR scenes appear in the traditional "letterbox" shape, while scenes shot with IMAX's cameras will expand vertically on the IMAX screen.

Every IMAX theatre is specially designed to put the audience IN the movie. The unique theatre geometry of an IMAX theatre combined with crystal clear images, laser-aligned digital sound and maximized field of view provides the world's most immersive movie experience.

Paramount Pictures and DreamWorks Pictures Present In Association with Hasbro A di Bonaventura Pictures Production A Tom DeSanto/Don Murphy Production A Michael Bay Film Transformers: Revenge of the Fallen starring Shia LaBeouf, Megan Fox, Josh Duhamel, Tyrese Gibson, Kevin Dunn, Julie White, John Benjamin Hickey, Ramon Rodriguez, Isabel Lucas and John Turturro. The film is directed by Michael Bay from a screenplay by Ehren Kruger & Roberto Orci & Alex Kurtzman. The producers are Don Murphy & Tom DeSanto, Lorenzo di Bonaventura and Ian Bryce. The executive producers are Steven Spielberg, Michael Bay, Brian Goldner and Mark Vahradian. Based on Hasbro's Transformers(TM) Action Figures. This film has been rated PG-13 for intense sequences of sci-fi action violence, language, some crude and sexual material, and brief drug material.

About IMAX Corporation

IMAX Corporation is one of the world's leading entertainment technology companies, specializing in immersive motion picture technologies. The worldwide IMAX network is among the most important and successful theatrical distribution platforms for major event Hollywood films around the globe, with IMAX(R) theatres delivering the world's best movie presentations using proprietary IMAX, IMAX(R) 3D, and IMAX DMR(R), technology. IMAX DMR is the Company's groundbreaking digital re-mastering technology that allows it to digitally transform virtually any conventional motion picture into the unparalleled image and sound quality of The IMAX Experience(R). The IMAX brand is recognized throughout the world for extraordinary and immersive entertainment experiences for consumers. As of March 31, 2009, there were 371 IMAX theatres (250 commercial, 121 institutional) operating in 43 countries.

IMAX(R), IMAX(R) 3D, IMAX(R) DMR, The IMAX 3D Experience(R) and The IMAX Experience(R) are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imaxnews) and YouTube (www.youtube.com/imaxmovies).

This press release contains forward looking statements that are based on management's assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. Important factors that could affect these statements include, but are not limited to, general economic, market or business conditions, including the length and severity of the current economic downturn, the opportunities that may be presented to and pursued by the Company, the performance of IMAX DMR films, conditions in the in-home and out-of home entertainment industries, the signing of theatre system agreements, changes and developments in the commercial exhibition industry, the failure to convert theatre system backlog into revenue, investments and operations in foreign jurisdictions, foreign currency fluctuations and the Company's prior restatements and the related litigation and ongoing inquiries by the SEC and the OSC. These factors and other risks and uncertainties are discussed in the Company's most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.

SOURCE IMAX Corporation

NEENAH, Wis.--(BUSINESS WIRE)-- Bemis Company, Inc. (NYSE: BMS) announced today that it has signed a definitive agreement to acquire the Food Americas operations of Alcan Packaging, a business unit of international mining group Rio Tinto plc (LON: RIO) (ASX: RIO), for $1.2 billion. Pursuant to the agreement, Bemis will acquire 23 Food Americas flexible packaging facilities in the U.S., Canada, Mexico, Brazil, Argentina, and New Zealand. These facilities produce flexible packaging for the food and beverage industries. The transaction is expected to be accretive to diluted GAAP earnings per share (EPS) beginning in 2010.

For the year ended December 31, 2008, Alcan Packaging Food Americas recorded net sales of $1.5 billion and adjusted EBITDA of approximately $166 million. The purchase price represents an adjusted EBITDA multiple of approximately 6.7 times when taking into account the estimated $100 million of tax benefits related to the structuring of much of the transaction as a purchase of assets. Further adjusting the valuation for estimated annual run-rate synergies of $65 million results in an adjusted EBITDA multiple of approximately 4.8 times. The transaction is expected to close by the end of 2009, subject to customary closing conditions and regulatory review.

"We are very pleased to add Alcan Packaging's Food Americas business to the Bemis organization," said Henry Theisen, Bemis President and Chief Executive Officer. "Both Bemis and Alcan Packaging have strong, collaborative relationships with renowned food and consumer products customers. We each have a long history of dedication to outstanding quality and manufacturing excellence. In pooling our resources, we will diversify our existing technologies and product lines which will broaden our product offering and augment our technical capabilities. This acquisition provides value from all angles and is a prudent investment in Bemis' future."

Highlights of the transaction:

    --  Increased global presence: Bemis' pro forma 2008 net sales increase 40
        percent to approximately $5.3 billion, with the percentage of net sales
        to the resilient food packaging space increasing from 57 percent to
        approximately 70 percent of total Bemis net sales. The transaction also
        adds nearly 4,600 employees to Bemis' global workforce for a total of
        over 20,000 employees at 84 manufacturing locations worldwide.
    --  Substantial synergy opportunity: Bemis expects over $65 million of
        annual run-rate pre-tax synergies to be achieved by the end of the
        second year following the acquisition date. Of this total improvement,
        nearly 50 percent is expected to be achieved within 12 months of
        completing the transaction. These improvements will be achieved
        primarily by optimizing product mix, improving operational and supply
        chain efficiencies, and reducing duplicate administrative costs.
    --  Financing structure preserves solid investment grade credit rating:
        Management intends to fund the purchase price with a combination of $1.0
        billion in debt and $200 million in equity. Management is confident that
        the combined companies will generate strong free cash flow to support
        diligent debt repayment and an investment grade credit rating.

"Bemis has historically maintained a strong balance sheet to ensure our ability to take advantage of opportunities like this," said Theisen. "Alcan Packaging Food Americas has demonstrated a commitment to investing in their operations and their workforce. The combined companies are expected to generate cash flow sufficient to rapidly reduce debt outstanding while maintaining our combined portfolio of world class manufacturing facilities, investing in growth opportunities, and supporting Bemis' historic dividend policy. The two companies clearly complement each other, and I'm looking forward to the exciting future this combination will bring."

Barclays Capital and Greenhill & Co. are acting as financial advisors to Bemis for this transaction, while Baker & McKenzie LLP is acting as primary legal advisor to Bemis.

Investment Community Conference Call and Webcast

Bemis will host a conference call and webcast with slides, to discuss this transaction on Monday, July 6, 2009, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). Individuals are encouraged to access the live webcast at Bemis' website, www.bemis.com, in the "Investor Relations" section. Individuals also can listen to the live conference call in the United States by dialing 800-946-0744. The passcode is 4339498. A replay of the call will be available until July 13, 2009, by dialing 719-457-0820. The replay passcode is also 4339498. Copies of the presentation related to the transaction webcast will be available at Bemis' website.

Forward Looking Statements

Statements in this release that are not historical, including statements relating to the expected future performance of the Company, are considered "forward-looking" and are presented pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Such content is subject to certain risks and uncertainties, including but not limited to future changes in cost or availability of raw materials, consumer buying patterns under certain economic conditions, changes in customer order patterns, the results of competitive bid processes, costs associated with the pursuit of business combinations (pursuant to SFAS No. 141R), unexpected costs associated with completing the acquisition, a failure in our information technology infrastructure or applications, foreign currency fluctuations, changes in working capital requirements, and the availability and related cost of financing from banks and capital markets. Actual future results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors which are detailed in the Company's regular SEC filings including the most recently filed Form 10-K for the year ended December 31, 2008.

Additional information concerning some of the factors that could cause materially different results is included in the Company's reports on forms 10-K, 10-Q and 8-K filed with the Securities and Exchange Commission. Such reports are available from the Securities and Exchange Commission's public reference facilities and its Web site, Bemis' investor relations department, and Bemis' Web site, www.bemis.com.

About Bemis Company, Inc.

Bemis Company is a major supplier of flexible packaging and pressure sensitive materials used by leading food, consumer products, manufacturing, and other companies worldwide. Founded in 1858, the Company reported 2008 net sales of $3.8 billion. The Company's flexible packaging business has a strong technical base in polymer chemistry, film extrusion, coating and laminating, printing and converting. The Company's pressure sensitive materials business specializes in adhesive technologies. Headquartered in Neenah, Wisconsin, Bemis employs about 15,800 individuals in 61 manufacturing facilities in 11 countries around the world. More information about the Company is available at its website, www.bemis.com.

About Alcan Packaging

Alcan Packaging, a business unit of international mining group Rio Tinto plc, is a global leader in value-added specialty packaging for the food, pharmaceutical, beauty and tobacco industries. Headquartered in Paris, France, Alcan Packaging is comprised of 129 facilities and 29,000 employees in 31 countries. Alcan Packaging's Food Americas division is based in Chicago, Illinois and operates 23 facilities in North America, South America, and New Zealand with 4,600 employees. For more information, please visit www.alcanpackaging.com.

    Source: Bemis Company, Inc.

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/f12b98/energy_market_land) has announced the addition of the "Energy Market Landscape: Hong Kong" report to their offering.

Evolving competitive dynamics are rapidly and significantly changing the face of the gas and power markets in the Asia Pacific region. As such, a timely and broadly based understanding of the market landscape is vital for players throughout the value chain. Central to this is an understanding of the exact stage of competitive development reached in each market, and how it is likely to change.

Scope

    --  Up-to-date insight on market structures, regulatory developments, supply
        and demand balances and asset developments
    --  Insight into current levels of gas and power competitive intensity
        benchmarked against 12 other Asia Pacific markets
    --  Forecasts of how the nine metrics making up the competitive intensity
        scores will change by 2012.

Highlights of this title

The MCI scores draw on nine underlying metrics grouped into three categories: Market Framework (Regulatory Effectiveness; Pricing Regime; Ease of Third Party Access), Supplier Push (Wholesale Fragmentation, Retail Fragmentation, Traded Market Maturity), and Customer Pull (Access to Market Information, Consumer Representation, Propensity to Switch)

Each of the Energy Market Landscape series provides a profile of both the relevant gas and power market. Issues examined include regulatory structures, player strategies and supply/demand dynamics.

Key reasons to purchase this title

    --  Obtain up-to-date, relevant and standardized information on the Asia
        Pacific energy markets from a single source
    --  Have a logical framework to monitor market developments and emerging
        trends, identify opportunities and plan strategies accordingly
    --  Assess current and future gas and power market competitive environments
        by gaining insight into factors driving market competitiveness.

For more information visit http://www.researchandmarkets.com/research/f12b98/energy_market_land

Source: Datamonitor

    Source: Research and Markets