subject: Amd, Pink:zmgd, & Igte Ahead Of The Bell: Texas Instruments To Report Mon [print this page] AMD, Advanced Micro Devices Inc. AMD, Advanced Micro Devices Inc.
Recent News: Ahead of the Bell: Texas Instruments to report Mon
AMD is an innovative technology company dedicated to collaborating with customers and technology partners to ignite the next generation of computing and graphics solutions at work, home and play.
AMD reported that Activate!, an interactive Web site that enables kids to easily design and program video games, has been translated into Mandarin and is being deployed at the not-for-profit Dandelion Middle School in Beijing. Activate! is primarily targeted for children ages 13-15 and is being used via the schools Intranet. Activate! also contains tutorials for making games, example games for users to play and features a gallery of user-generated games. Four, one-week long workshops to teach kids how to design games using the Activate! game development tool commences today at the school. The workshops will be taught by instructors from Parsons The New School for Design and are estimated to reach about 480 students.
This project represents the first deployment of AMDs signature initiative, AMD Changing the Game, in China, a critical market for AMD.
AMD Changing the Game grew out of AMDs longstanding commitment to education and its expertise in the gaming industry. It helps improve childrens critical science, technology, engineering and math (STEM) skills and ecourages kids to become more globally conscious citizens by enabling them to develop digital video games with social content.
The Dandelion Middle School workshop supports Taking Root in China, Winning the Future Together, a strategy that helps ensure AMD Chinas business goals align to the goals of the greater IT industry in China.
More about AMD at www.amd.com
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ZMGD, ZAMAGE DIGITAL ART (Other OTC: ZMGD.PK)
Last Trade: $0.012
Zamage Digital Art Imaging, Inc. (ZMGD) Signs Contract with a Leading Financial Institution
Zamage Digital Art Imaging, Inc. subsidiary, EverdowCRM signed a contract with ShenZhen Development Bank (SDB).
EverdowCRM will develop, design and deploy their unique customer relations management software system for the ShenZhen Development Bank.
This program will help 266 SDB branches across 18 major economic Chinese cities to manage and track their sales and marketing efficiency.
SDB has branches in Beijing, Shanghai, Tianjin, Chongqing, Guangzhou, Shenzhen, Hangzhou, Nanjing, Jinan, Dalian, Qingdao, Chengdu, Kunming, Haikou, Zhuhai, Foshan, Ningbo and Wenzhou.
The estimated value of this project is RMB 800,000 (approximately US $117,000).
A source close to the company commented, This contract demonstrates the success of EverdowCRM software on the market.
Recent News:
BEIJING--(Marketwire - 07/14/10) - Zamage Digital Art Imaging, Inc.'s (Pinksheets:ZMGD - News) (www.zamagedigitalcorp.com) subsidiary EverdowCRM Inc. (http://www.everdow.com/Everdow_EN/) announces that the company has published the company financials.
EverdowCRM Inc. announces, that the company has published the company financials for the period of January 1 - June 30, 2010 (Posted on Pink Sheets, "Financials" section on July 9, 2010). During this period, the company generated total revenues in the amount of $145,000 USD, and profits of $90,000 USD.
During this period, the company stroke cooperation with several important Chinese banks and institutions, and intends to continue and raise the company and shareholder value.
The company reminds its shareholders and followers to monitor www.PinkSheets.com Filing section and also our IR company web site section "PRESS RELEASES AND FILINGS" TAB http://www.minamargroup.net/ for non newsworthy corporate updates.
CONTACT: Zamage Digital Art Imaging, Inc., www.minamargroup.net/helpdesk
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iGATE (Nasdaq:IGTE) the first Business Outcomes driven integrated Technology and Operations (iTOPS) solutions provider announced its financial results for the second quarter ended June 30, 2010.
Recent News: IGate Q2 profit nearly doubles, beats Street
iGate reported 8,158 employees as of June 30, 2010; net addition of 801 employees during the quarter.
Revenues for the quarter were $66.8 million a 42.7% increase from $46.8 million in the same period last year. Gross margin was 38.1% compared to 38.2% in the corresponding quarter last year. Operating income for the quarter grew to $11.5 million from $7.2 million in the same period last year. Operating margin was 17.2% up from 15.3% in the corresponding quarter last year. Net income was $11.2 million, or $0.20 per diluted share, compared to net income of $6.1 million or $0.11 per diluted share in the same period last year. Net income was 16.7% compared to 12.9% in the corresponding quarter last year.
As of June 30, 2010, the companys cash and cash equivalents and short-term investments increased to $104.4 million from $96.8 million.
We are pleased with the strong growth generated in the second quarter of 2010, said Phaneesh Murthy, Chief Executive Officer of iGATE Corporation. We think there is a window of opportunity for a differentiated company like iGATE to build scale. We are encouraged by the new client wins and the quality of prospects we are talking to. We have increased investments in sales, marketing and consulting to try and close more deals.
We had a good quarter and are encouraged by the strong earnings and cash flow. However, salary in crease and substantial hiring has caused a short term pressure on margins said Sujit Sircar, Chief Financial Officer of iGATE Corporation.
Visit: http://www.igatecorp.com
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