September 22, 2008 -- Maxim Integrated Products (MXIM) announced today that they have entered into an agreement with Sagem Communications to develop an open powerline-communication (PLC) specification targeting automatic meter management (AMM) infrastructure. Drawing upon their vast experience in advanced metering, communications, and IC design, the companies will establish a comprehensive set of international specifications to promote interoperability among different PLC manufacturers.
Developed as an open standard, the PLC specification will facilitate the implementation of AMM infrastructure, increase cost efficiency by promoting interoperability, and accelerate the widespread adoption of OFDM-based* PLC technology. This breakthrough technology enables more robust communication and higher data rates over longer distances than conventional narrowband technologies.
The development of this specification will benefit from the companies' highly complementary technologies and know-how.
Earlier this year, Maxim introduced the world's first OFDM-based PLC modem operating over the 10kHz to 490kHz frequency range. The modem employs advanced, broadband networking techniques to achieve highly reliable and secure data communications under adverse channel conditions, and over longer distances than traditional PLC modems. The modem's software configurability ensures worldwide compliance, which has gained it the support of some of the largest electricity companies in Europe. As a result, this technology will serve as the basis for the new PLC specification.
Sagem Communications is a well-known, electronic-metering specialist, with almost 10 million electronic meters already in the field. The Company has extensive experience developing and deploying interoperable AMM PLC systems in which meters from different suppliers can communicate without any previous software adaptation. The Company is also a major player in system integration and telecommunication terminals. Based on this dual expertise, Sagem Communications adds significant value by offering new solutions focused on energy efficiency and its ecosystem.
September 22, 2008 -- Expert Group, Inc. (Other OTC:EXPT.PK) is pleased to announce that the Company generated over $23 million in loans, with revenues of $252,795.00, from January 1, 2008 through August 31, 2008.
The Expert Group opened September 2008 with more than $8 million in loan originations for the month, with a growth in mortgage applications, including many FHA and commercial loans. Loan Originations have increased mainly for commercial property loans, which so far represent $4.3 million or 53% of the total loan originations for the month of September.
"Expert Group functions only as a funding agent for residential and commercial mortgage transactions, thus eliminating any type of credit, underwriting or inventory risk we originate and close. The burden, if any is bourne by the lending institutions," stated Robert Rico, CEO of Expert Group, Inc.
September 22, 2008 -- Intel Corporation today introduced its third-generation Intel vPro suite of business desktop PC technologies, which among other features enhances security and reduces the time and cost of maintenance by enabling PCs to literally think and act for themselves. The new vPro Technology for desktop PCs also opens the door to new virtualized PC models and products aimed at the special needs of small businesses.
The new Intel vPro Technology (formerly codenamed "McCreary") combines the energy-efficient performance of Intel Core2 quad-core or dual-core processors with the new Intel Q45 Express Chipset and Intel 82567LM Gigabit Network Connection along with Intel Active Management technology 5.0.
Among the new business-class technology innovations, this 2008 version for the first time extends IT organizations' reach to protect and manage PCs beyond the corporate firewall. With the new Remote Alert feature, a suddenly ailing PC - even one that is turned off - that is experiencing symptoms outside preset parameters can "call" for IT assistance on its own.
Using the new Remote Scheduled Maintenance feature, IT administrators can program PCs for regular tune-ups that have PCs automatically connecting to an IT management program for maintenance. With the new Fast Call for Help feature, the user can get immediate assistance over an out-of-band link by entering a key sequence, even if the computer is completely crippled with a failed operating system or hard drive.
September 22, 2008 -- Intersil Corporation (ISIL), a world leader in the design and manufacture of high-performance analog semiconductors, has expanded its growing family of VR11.1-compliant PWM controllers with new 4-phase and 6-phase PWM controllers that feature the industry's highest light load efficiency and very fast transient performance.
Designed for server, desktop, workstation and gaming motherboards based upon Intel's VR11.1 CPUs, the controllers meet the tightly regulated output voltage position requirements of new microprocessors by using patented techniques to sense output current continuously. They measure the voltage across the DCR of the output inductor or a dedicated current sense resistor to provide the needed signals for precision droop, channel-current balancing and overcurrent protection. When using DCR current sensing, compensation of all thermal effects is accomplished through addition of a single low-cost NTC resistor network.
The ISL6334 and ISL6336 each implement combinations of phase dropping, diode emulation and gate voltage optimization technology (GVOT). This combination provides best-in-class light load efficiency performance. The ISL6334A and ISL6336A also each offer phase dropping.
This family of PWM controllers also support both standard and coupled inductor implementations and deliver +/-0.5% system accuracy over life, load, line and temperature, providing a very tight regulation window to improve load line accuracy. Active pulse positioning and adaptive phase alignment technology developed by Intersil deliver very fast transient response and low COUT.
The new controllers also are excellent design choices for voltage regulator modules.
Market Wrap for September 22, 2008 The Dow closed nearly 370 points higher Friday, marking the end of a volatile week. The Dow registered triple-digit swings during each of the week's trading sessions.
The weeklong ride took participants both high and low. Despite closing the week's final session with a 3.4% gain, the Dow still ended the week 0.3% lower.
Still, the outlook among participants has improved substantially.
Following the collapse of Lehman Brothers and the government's intervention into the AIG (AIG 3.85, +1.16) debacle earlier in the week, federal agencies stepped up to restore investor confidence.
Just one day ago central banks injected liquidity into global financial markets to help restore their functionality. Now, the Fed is looking to create an entity that will help financial firms shed their illiquid and distressed assets, many of remain linked to risky subprime mortgages.
The Fed will also begin purchasing short-term debt issued by Fannie Mae (FNM 0.69, +0.20) and Freddie Mac (FRE 0.55, +0.22), which extends existing plans to buy mortgage-backed securities from the two.
To further enhance confidence among investors, the Fed is planning to sell insurance that covers money market mutual funds.
Some investors were encouraged by a ruling from the Securities Exchange Commission that put a temporary ban on short-selling certain financial stocks. Though the plan aims to protect certain securities and restore confidence, the plan has come under sharp criticism from market makers. Late in the session the SEC staff announced it wants to implement certain exemptions to the rule.
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Maxim Integrated Products This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. The information contained in an InvestSource profile is provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. InvestSource has not been compensated for services rendered. To view full disclaimers, please go to http://investsourceinc.com/content/disclaimer.
Expert Group, Inc.
This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. The information contained in an InvestSource profile is provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. InvestSource has been compensated 10,000,000 unrestricted stock of EXPT for services rendered. To view full disclaimers, please go to http://investsourceinc.com/content/disclaimer.
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