Monday, April 23, 2012

The House of Haptics is being tested again. Immersion is ready to do battle with Motorola

Immersion Beat Sony and Microsoft in a Patent battle. Motorola is willing to see how they do.


Immersion Files Complaint Against Motorola Mobility With u.s. International Trade Commission
http://www.immersion.com/images/global/logo-immersion.gif

Immersion Corporation (Nasdaq:IMMR), a leading developer and licensor of touch feedback technology, today announced that it has filed a complaint with the u.s. International Trade Commission (“itc”) against Motorola Mobility (Nasdaq: mmi). The complaint alleges that certain Motorola Mobility Android-based smartphones infringe six Immersion patents that cover various uses of haptic effects in connection with touchscreens. Immersion has also filed a patent infringement complaint against Motorola Mobility in the u.s. District Court for the District of Delaware.



“Immersion has been a leading innovator in the field of haptic technology since its inception in 1993,” said Immersion’s ceo, Victor Viegas. “We have licensed our intellectual property portfolio and solutions with top tier manufacturers in the mobile space for 7 years and have seen nearly 400 million devices from our customers containing our technology come to market.”

“Our primary interest is not to disrupt the availability of any product but to obtain compensation for the unauthorized use of our patents. Our preference has always been to negotiate a fair and reasonable agreement, and we remain open to negotiations,” continued Viegas. “However, despite having engaged in good faith efforts to license our patents to Motorola Mobility, we have not been able to reach an acceptable resolution, and therefore it is imperative that we protect our intellectual property and the interests of our shareholders.”

In the complaint against Motorola Mobility, Immersion is seeking from the itc an exclusion order preventing the importation of infringing devices. In the suit against Motorola Mobility in the u.s. District Court, Immersion is alleging infringement of the same patents and is seeking to stop Motorola Mobility from further infringement, as well as the recovery of damages.

The complaints against Motorola Mobility assert infringement of the following patents:

U.S. Patent No 6,429,846: “Haptic Feedback for Touchpads and Other Touch Controls”

U.S. Patent No 7,592,999: “Haptic Feedback for Touchpads and Other Touch Controls”

U.S. Patent No 7,969,288: “Force Feedback System Including Multi-Tasking Graphical Host Environment and Interface Device”

U.S. Patent No 7,982,720: “Haptic Feedback for Touchpads and Other Touch Controls”

U.S. Patent No 8,031,181: “Haptic Feedback for Touchpads and Other Touch Controls”

U.S. Patent No 8,059,105: “Haptic Feedback for Touchpads and Other Touch Controls” 

About Immersion (www.immersion.com)

Founded in 1993, Immersion (nasdaq: immr) is the leading innovator in haptic technology; the company's touch feedback solutions deliver a more compelling sense of the digital world. Using Immersion's high-fidelity haptic systems, partners can transform user experiences with unique and customizable touch feedback effects; excite the senses in games, videos and music; restore "mechanical" feel by providing intuitive and unmistakable confirmation; improve safety by overcoming distractions while driving or performing a medical procedure; and expand usability when audio and visual feedback are ineffective. Immersion's TouchSense technology provides haptics in mobile phone, automotive, gaming, medical and consumer electronics products from world-class companies. With over 1,200 issued or pending patents in the u.s. and other countries, Immersion helps bring the digital universe to life.

Forward-looking Statements

This press release contains "forward-looking statements" that involve risks and uncertainties as well as assumptions that, if they never materialize or prove incorrect, could cause the results of Immersion Corporation and its consolidated subsidiaries to differ materially from those expressed or implied by such forward-looking statements.

All statements, other than the statements of historical fact, are statements that may be deemed forward-looking statements, including, but not limited to, the statement regarding remedies sought from the u.s. International Trade Commission and the u.s. District Court for the District of Delaware.

Immersion's actual results might differ materially from those stated or implied by such forward-looking statements due to risks and uncertainties associated with Immersion's business, which include, but are not limited to, unexpected difficulties and costs related to continued disruption in the markets for Immersion's and its licensees' products due to the recent earthquake and tsunami in Japan; delay in or failure to achieve commercial demand for Immersion's or its licensees' products; a delay in or failure to achieve the acceptance of force feedback as a critical user experience; unexpected difficulties in transitioning to a pure ip licensing model and in monetizing the patent portfolio; the commercial success of applications or devices into which Immersion's technology is licensed; potentially lengthy sales cycles and design processes; unanticipated difficulties and challenges encountered in development efforts; potential restructuring charges; failure to retain key personnel; potential and actual claims and proceedings, including stockholder litigation; competition; the impact of global economic conditions and other factors. Many of these risks and uncertainties are beyond the control of Immersion.

For a more detailed discussion of these factors, and other factors that could cause actual results to vary materially, interested parties should review the risk factors listed in Immersion's Annual Report on Form 10-k for 2010 and its most recent Quarterly Report on Form 10-q, which are on file with the u.s. Securities and Exchange Commission. The forward-looking statements in this press release reflect Immersion's beliefs and predictions as of the date of this release. Immersion disclaims any obligation to update these forward-looking statements as a result of financial, business, or any other developments occurring after the date of this release.

Immersion, the Immersion logo, and TouchSense are trademarks of Immersion Corporation in the United States and other countries. All other trademarks are the property of their respective owners.

(IMMR – t) 
.........................
Enjoy and Stay Profitable,
Mark Kabbash
CEO
Equitygroups.com
Your Investor Social Network
Follow Me http://twitter.com/#!/EquityGroups4U
I am not an investment adviser.  Please check with your broker also please check the disclaimers within this site.  http://bit.ly/igC0Cs
Any suggestions or comments?  Please send them to me. 

Xplore Receives Additional $3.5 Million Order from Major Utility Follows $14 Million Order Announced in November 2011

Xplore (OTCBB: XLRT) Receives Additional $3.5 Million Order from Major Utility Follows $14 Million Order Announced in November 2011

http://www.xploretech.com/public/images/HOME1.jpg

Xplore Technologies Corp. (otcqb:xlrt) (“Xplore” or the “Company”), a manufacturer of award-winning rugged tablet PCs, announced today it has received a follow-on $3.5 million order from the major utility that previously ordered $14 million of Xplore’s iX104C5 rugged tablet computers, as announced last November. The new order consists of c5 rugged tablet computers and the Company’s xStands, a versatile desktop docking solution ideally suited for use in a variety of office environments.
http://www.xploretech.com/public/images/public_services_solutions.jpg

Mark Holleran, President and Chief Operating Officer of Xplore said, “As expected, the initial order of c5 rugged tablets opened the door for additional sales opportunities at this Fortune 50 company. We believe that our willingness to listen to this customer, and to develop a superior rugged mobile solution that met its needs, was the key to securing this follow-on order and to our emerging success with our c5 line. Working directly with our customers and incorporating their feedback into the design of our computers has enabled us to produce what we believe is the best rugged pc available and a product that is rapidly gaining acceptance in the marketplace.
http://www.xploretech.com/public/images/government_solutions.jpg

Philip Sassower, Chairman of the Board and Chief Executive Officer, of Xplore Technologies stated: “This second order is a very strong affirmation of our belief that we have built the best-in-class feature set for our new c5 line of rugged tablets and that the tablet form factor is gaining market share. While, in the past, the tablet was perceived as a novel device, we believe it has now become culturally accepted, and represents a more rugged alternative than notebooks for in-field applications and extreme conditions. We believe that we will continue to see increased acceptance of our products in the industries that we target.”

The order is anticipated to be delivered over the next several quarters.

Additional financial information regarding Xplore’s operating results for the fiscal 2012 first quarter is available in the Company’s Form 10-q filed with the Securities & Exchange Commission and is available at www.sec.gov.

About Xplore Technologies®

Xplore (www.xploretech.com) is engaged in the business of developing integrating and marketing mobile wireless pc computing systems. The Company’s products enable the extension of traditional computing systems to a range of field and on-site personnel, regardless of location or environment. Using a range of wireless communication mediums together with the Company’s rugged computing products, the Company’s end-users are able to receive, collect, analyze, manipulate and transmit information in a variety of environments not suited to traditional non-rugged computing devices. The Company’s end-users are in markets that include utility, warehousing/logistics, public safety, field service, transportation, oil and gas, manufacturing, route delivery, military and homeland security.

This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect Xplore’s current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made including those factors detailed from time to time in filings made by Xplore with securities regulatory authorities. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated or expected. Xplore does not intend and does not assume any obligation to update these forward-looking statements.
Sony 16GB Wi-Fi Tablet S - SGPT111US/S
.........................
Enjoy and Stay Profitable,
Mark Kabbash
CEO
Equitygroups.com
Your Investor Social Network
Follow Me http://twitter.com/#!/EquityGroups4U
I am not an investment adviser.  Please check with your broker also please check the disclaimers within this site.  http://bit.ly/igC0Cs
Any suggestions or comments?  Please send them to me. 

Sunday, April 22, 2012

Electric Vechicle Model x Fasting Selling Tesla (TSLA) Ever


Model x, Fastest Selling Tesla Ever
http://www.teslamotors.com/tesla_theme/images/modelx/modelx-reserve-now-cta.png

Electric Vehicles
PALO alto, ca -- (Marketwire) -- 02/14/12 -- Tesla Motors (nasdaq: tsla) unveiled the highly anticipated Model x last Thursday evening at its Design Studio in Southern California. One day after the reveal, without any advertising, advance sales of the Model x exceeded $40 million.

The compelling nature of the product created massive media attention and resulted in the Model x being the third most searched term on Google. On Thursday evening, the night of the reveal, traffic to teslamotors.com increased 2800 percent. Two-thirds of all visitors were new to the website. Electric Vehicles
http://www.teslamotors.com/sites/default/files/GoElectricHero2.jpg

Proof that Model s and Model x are complementary products, new Model s reservations following the Model x unveiling were up 30 percent.

Model x is equipped with unique Falcon Wing doors that open up and out of the way, allowing one to stand up in the second row and step directly to the third row. Built on the same platform as Model s, but with a longer wheelbase, Model x has approximately the same external dimensions of an Audi q7. On the inside, however, Model x has 40% more room than a q7 and is capable of carrying both seven large adults and considerable luggage.
Electric Vehicles
It will offer dual motor all wheel drive for superior all-weather driving and the option of a 60 or 85 kWh battery. The Model x Performance version will accelerate from 0 to 60 miles per hour in 4.4 seconds. This would make Model x faster than many sports cars, including the Porsche 911 Carrera. Matched with superior handling resulting from its low center of gravity, Model x will offer a remarkable combination of functionality, style and performance.
http://www.teslamotors.com/tesla_theme/images/modelx/falcon_frames/full40.jpg

Tesla's touchscreen, the 17" in-dash display that includes driver controls, vehicle apps, web connectivity and onboard charging are included in Model x Electric Vehicles.

Model x will be priced competitively with other premium SUVs. It will be built at the Tesla Factory in Fremont, ca. Production begins at the end of 2013, deliveries begin early 2014, with volumes targeted at 10,000 - 15,000 units per year.

About Tesla
Tesla's goal is to accelerate the world's transition to electric mobility. Palo Alto, California based Tesla designs and manufactures EVs and ev power train components for partners such as Toyota and Daimler. Tesla has delivered more than 2,000 Roadsters to customers worldwide. Model s, the first premium sedan to be built from the ground up as an electric vehicle, begins deliveries in mid-2012.

Add to Digg Bookmark with del.icio.us Add to Newsvine 
.........................
Enjoy and Stay Profitable,
Mark Kabbash
CEO
Equitygroups.com
Your Investor Social Network
Follow Me http://twitter.com/#!/EquityGroups4U
I am not an investment adviser.  Please check with your broker also please check the disclaimers within this site.  http://bit.ly/igC0Cs
Any suggestions or comments?  Please send them to me. 

ZAAP Electric Vehicles EVs Rolling out strong with solid numbers.




ZAP Jonway Reports Fourth Quarter and Year-End 2011 Financial Results
http://www.zapworld.com/files/images/zap-jonway-lr.jpg

SANTA rosa, Calif., April 16, 2012 (globe newswire) -- zap Jonway (otcbb:zaap), a manufacturer of gasoline and new energy electric vehicles (EVs), reported financial results for the three and twelve months ended December 31, 2011.
http://www.zapworld.com/sites/default/files/images/a380-3door/Main-a3803-orange-left-34-01.jpg

Alex Wang, Co-CEO of zap Jonway and ceo of Jonway Automobile, stated: "Following our merger, 2011 was a transformational year for zap Jonway. We are encouraged by our progress positioning the company for growth. In particular, we enhanced our dealership consortium and sales team, including focusing on more profitable dealers, appointing our new vp of Sales, and strategically relocating our sales and customer service support centers to Hangzhou. In addition, we are driving our vehicle development initiatives."

In March, zap Jonway hosted a very successful annual dealership conference for over 450 attendees. During the event, the company launched the new 2012 jnz a380 g-5 suv with its fully re-styled interior and unveiled its concept vehicle planned for year-end 2013, designed by Maggiora, a renowned Italian auto designer well known for its exquisite stylish design of Italian sports cars.

"Looking ahead in 2012, our goal is to launch our ev a380 suv in China mid-year followed by our ev van. To further our international presence, we are building sales channels and targeting type approval in key strategic countries," concluded Wang.

Financial Results

This is the first year of consolidated financials of zap and 51% of Jonway Automobile, the merger of which closed on January 22nd, 2011. Therefore, the year-over-year analysis below compares the consolidated financials of zap and Jonway Automobile in 2011 with zap standalone in 2010. Complete financial details for the three- and twelve-month periods ended December 31, 2011 can be found on the company's Form 10-k, which it filed today with the Securities and Exchange Commission.
electric vehicles (EVs)
Quarterly Review

Consolidated net sales were $14.2 million for the three months ended December 31, 2011, including $13.9 million contributed by Jonway, compared to $1.1 million for zap on a standalone basis for the three months ended December 31, 2010.
Consolidated gross profit for the fourth quarter in 2011 was down due to promotional incentives offered to dealers to clear inventory of the prior year model and additional incentives to motivate higher sales quota. The $687,000 in gross profit was contributed by Jonway, compared to gross profit of $64,000 for zap on a standalone basis in the fourth quarter of 2010.
Consolidated operating expenses were $7.8 million in the fourth quarter of 2011, including both $5.4 million related to Jonway and non-cash charges of $1.6 million related to quarterly amortization of distribution rights, stock based compensation and others. This compares to operating expenses of $7.3 million for zap on a standalone basis for the fourth quarter of 2010.
Net loss attributable to zap for the fourth quarter of 2011 was $11.4 million, or $0.05 per diluted share including total comprehensive loss of $2.1 million from Jonway, compared to net loss of $11.4 million, or $0.09 per diluted share in fourth quarter 2010 for zap on a standalone basis.
At December 31, 2011, cash and cash equivalents was $5.9 million.
In December 2011, the $19 million convertible note was extended to August 12, 2012. Subsequently this was further extended to August 12, 2013. There will be no interest accrual going forward after the end of the first term that ended February 12, 2012.
At the end of December 2011, zap delivered 71 million shares to Jonway Group for work on the new Shuttle van, totaling over $18 million in design, exterior and interior molds, tooling and production equipment.
Annual Review

Consolidated net sales in 2011 were $56.2 million including$54.3 million contributed by Jonway, compared to $3.8 million in 2010 from zap on a standalone basis.
Consolidated gross profit in 2011 was $4.5 million including $5.0 million contributed by Jonway, or 7.9% of sales, compared to gross profit of $429,000 in 2010 from zap only. Gross profit for Jonway was down primarily due to promotional incentives to encourage volume sales and rebates to support rebranding under the Jonway brand from its previous name of "UFO".
Consolidated operating expenses for 2011 were $32.7 million including $16.6 million related to Jonway and non-cash charges of $7.2 million related to amortization of distribution rights, stock based compensation and others. This compares to operating expenses of $14.5 million in 2010 for zap alone. The higher operating expenses from Jonway were due primarily to increases in sales and marketing in establishing its branding in 2011, general and administrative for relocation of the sales team to Hangzhou, and research and development related to the localization of the ev products, as well as the cost of tooling and equipment for production manufacturing of the ev product line.
Consolidated net loss in 2011 was $45.4 million. Net loss attributable to zap was $40.8 million including total comprehensive loss of $8.1 million attributed to Jonway Auto, compared to net loss in 2010 of $19.0 million from zap on a standalone basis. More than $30 million of the consolidated net loss was non-cash, attributed to stock based compensation and amortization of distribution rights, interest payment and depreciation, and non-cash loss due to convertible note, conversion price compared to the over a dollar share price during January 2011 at the time the convertible note was issued. Of the remaining consolidated net loss, approximately $14 million was cash expenditure, of which more than $4 million was one-time expense associated with the legal and accounting costs from the acquisition, ev technology development for production manufacturing and payment for development of ev tooling and type approval expenses.
Webcast Information
electric vehicles (EVs)
ZAP Jonway's management team will host a webcast on Tuesday, April 17, 2012 at 4:30 p.m. et to discuss its fourth quarter and year-end 2011 earnings results. Investors can access the webcast on the company's website at www.zapworld.com, or via the link below, for a period of one year.http://investor.shareholder.com/media/eventdetail.cfm?eventid=112244&CompanyID=AMDA-J22R5&e=1&mediaKey=9E9B9D24C62C9AE9EA53835CC5CEE4A3

About zap Jonway

ZAP Jonway combines the attributes of both companies, zap and Jonway Automobile, to design and manufacture quality, affordable gasoline and new energy electric vehicles (EVs). With Jonway Automobile's established iso 9000 manufacturing facilities, research and development and sales and customer services facilities in China, zap Jonway is well positioned to scale up production and sales for both gasoline and EVs for China and the international markets. zap, an early pioneer of EVs, brings to the new combined company a broad range of ev design experience that is being applied to new product lines. zap Jonway is focused on addressing on ev fleets targeting city delivery trucks and vans used by university campuses, government and corporate markets in China and the United States, while utilizing its gasoline vehicle production quantities to gain economy of scale through its common vehicle parts and platforms. zap Jonway benefits from the established China dealership and customer support network developed by Jonway Automobile for its China sales and services. zap Jonway is headquartered in Santa Rosa, California and its production facility is located in Zhejiang Province of the People's Republic of China. Additional information about zap Jonway is available at http://www.zapworld.com.
electric vehicles (EVs)
The zap Jonway logo is available athttp://www.globenewswire.com/newsroom/prs/?pkgid=10607

Forward-Looking Statements

This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of ZAP's products, increased levels of competition, new products and technological changes, ZAP's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in ZAP's periodic reports filed with the Securities and Exchange Commission.

CONTACT: Investor Contact:
        Becky Herrick
        lha
        +1-415-433-3777
        bherrick@lhai.com 
.........................
Enjoy and Stay Profitable,
Mark Kabbash
CEO
Equitygroups.com
Your Investor Social Network
Follow Me http://twitter.com/#!/EquityGroups4U
I am not an investment adviser.  Please check with your broker also please check the disclaimers within this site.  http://bit.ly/igC0Cs
Any suggestions or comments?  Please send them to me. 

Saturday, April 21, 2012

Is Riverbed A Good Short?

Riverbed off 28% will RVBD go down more?

Supports CareCore Nationals Healthy Move to a Completely Virtualized IT:


Riverbed delivers performance for the globally connected enterprise.

With Riverbed, enterprises can successfully and intelligently implement strategic initiatives such as virtualization, consolidation, cloud computing, and disaster recovery without fear of compromising performance. By giving enterprises the platform they need to understand, optimize and consolidate their IT, Riverbed helps enterprises to build a fast, fluid and dynamic IT architecture that aligns with the business needs of the organization.
Riverbed's award-winning solutions are available from more than 1000 partners worldwide, including resellers, service providers, and systems integrators, or directly from Riverbed.
Riverbed was founded in 2002 and is based in San Francisco, California.

“In a seasonally difficult quarter, we completed a major product cycle and achieved results within our guidance range,” said Jerry M. Kennelly, Riverbed president and CEO. “Looking ahead, we expect our new Steelhead, Granite, and Cascade products, along with Stingray and Whitewater, to form the basis for Riverbed's next leg of growth as we continue to execute on our vision to deliver a complete performance platform. Our competitive position is strong, our addressable market is growing, and we are optimistic about the opportunity before us.” Riverbed Technology Reports First Quarter 2012 Results

Riverbed Technology, Inc. (RVBD)

 -NasdaqGS
19.85 Down 8.01(28.75%) Apr 20, 4:00PM EDT|After Hours: 19.86 Up 0.01 (0.05%) Apr 20, 7:59PM EDT
Is RVBD A Good Short? 

RVBD Off 26%: Seven Downgrades; Bulls Look to New Products ttp://on.barrons.com/I2GGqA

Does Riverbed Technology Deserve This Punishment? http://bit.ly/I2H7Bm

http://bit.ly/I2FJP5 #RVBD @riverbed #Agoodshort?


Stereo Visions REZN8 Slam Dunks Fox Sports NBA Deal


REZN8 - Since 1987, the 9 time Emmy Award winning Hollywood based rezn8 (http://rezn8.com) has been instrumental in developing the media vision for a broad spectrum of domestic and international clients across a wide range of platforms including broadcast, film, Internet, wireless, and video games. rezn8 is an acknowledged leader in 3d broadcast graphics and animation, and is a pioneer in the design and development of graphical user interfaces (gui). rezn8 has developed identity packages for, nbc, abc, cbs Sports, Entertainment Tonight, Fox, hbo, vh-1, Sci-Fi Channel, and Showtime. rezn8 has also been one of Microsoft's primary outside design sources for graphical user interface (gui) including gui design and development for Microsoft xbox, msn 9 & 10, Microsoft Home Media Center, Microsoft Windows xp, and Microsoft's Home of the Future. 



Stereo Visions REZN8 Slam Dunks Fox Sports NBA Deal

Rugged Tablet Dropped From 15 Ft. : Xplore CEO Describes Company Turn Around in Interview

About Xplore Technologies® 

The company offers iX104 tablet PCs that are designed to operate in various work environments, including extreme temperatures, constant vibrations, rain, blowing dirt, and dusty conditions; and are fitted with a range of performance matched accessories, such as multiple docking station solutions, wireless connectivity alternatives, global positioning system modules, biometric and smartcard modules, and traditional peripherals comprising keyboards, mice, and cases. Its products include iX104C5 Dual-Mode Sunlight-Readable Xtreme Tablet; iX104C5 Dual-Mode Xtreme Tablet; iX104C5 Dual-Mode Lite Xtreme Tablet; iX104C5 M Military Xtreme Tablet; and iX104C5 Dual-Mode Clean Room Xtreme Tablet, as well as Armadillo System, an expandable multi-mission tablet and active dock computer system for vehicle-mounted and dismounted applications.  http://bit.ly/IcC3cT