Monday, February 27, 2012

Motion Filed in MCA Case to Disburse Monies to Certain Creditors.

Several Other Developments Also Announced

SOUTHFIELD, Mich., May 10 /PRNewswire/ -- A motion has been filed in U.S. Bankruptcy court to allow the Conservator of MCA Financial Corp. to disburse $6.5 million to certain MCA creditors. B. N. Bahadur, Conservator of MCA and CEO of BBK, Ltd., a leading turnaround and revitalization company, made the announcement today.

These funds represent monies collected by MCA between January 29, 1999, through March 31, 1999. If the motion is approved, these funds will be disbursed to governmental agencies, including FHLMC, FHMA, GNMA, MSHDA, Chase Bank and other secured creditors. No hearing date has yet been set to determine when these monies will be disbursed. Monies collected beginning April 1, 1999, would be disbursed as they come in through ordinary business processes.

Bahadur announced several other MCA developments, including:

* A motion was filed to approve the sale of certain residential properties and related mortgage notes. This portfolio has approximately 280 properties owned by MCA affiliates and Detroit Revitalization, Inc. If the motion is approved, these properties are scheduled to be auctioned on June 1, 1999;

* Pursuant to an order of the bankruptcy court, MCA has transferred MSHDA loans to MSHDA's designated servicer. This includes approximately 600 loans valued at approximately $30 million.

* A plan is in place to vacate MCA's Southfield, Mich., building by May 31, 1999; and,

* The "Section 341" meeting on April 28 to address creditor's issues was constructive and "lightly attended" by creditors;

On January 28, 1999, Bahadur was named Conservator of MCA by Patrick McQueen, Financial Institutions Bureau Commissioner for the State of Michigan. The order allows the Conservator to do "all things necessary" in the best interests of the general public to oversee and manage the assets of approximately 11,000 mortgages and land contracts valued at $536 million.

A toll-free phoneline has been established to provide up-to-date information on the MCA situation. The number for the phoneline is 1-800-688-4398. It operates during regular business hours from 9 a.m. to 5 p.m. EDT. The Internet web site includes copies of the Financial Institutions Bureau order naming Bahadur as Conservator, as well as previously released information. The address of the site is www.aeg1.com/bbk/mca.htm.

B. N. Bahadur, CEO of BBK and a Certified Turnaround Professional, is a nationally recognized management, financial and turnaround consultant. He is a member of the Turnaround Management Association, the National Association of Bankruptcy Trustees, American Bankruptcy Institute and the National Association of Credit Management.

BBK offers a complete range of corporate turnaround and revitalization services for companies in all industries. The company has provided turnaround management and revitalization services for more than 500 companies throughout North America, including the United States, Canada and Mexico.

Sunday, February 26, 2012

Bedford Rolls Out Wire-Line Demand Report.(Report)

The abrupt drop in home phone line demand has led several telecom companies to adopt new business to stabilize revenues, and keep their dividends strong, according to a release from Bedford.

The Bedford Report examines the outlook for companies in the Telecom sector and provides equity research on Frontier Communications and Windstream Corporation.

Windstream Corporation has been working to transition its business more towards broadband in hopes of cashing in on the growing levels of mobile data consumption. Most companies in the telecom industry are seeing a shift away from wire-line communications. While this does not necessarily pertain to internet access, consumers are looking to their mobile phones as their primary connection as opposed to old fashioned "wall connections."

Presently Windstream pays an annual dividend of $1.00 per share for a hefty yield of around 7.6 percent.

Frontier pays an annual dividend of $0.75 for a massive yield of around 9.2 percent. The company says that it plans to hold the dividend steady for the next two years while they fully integrate their recently acquired wirelines. As of the most recent quarter Frontier had 5.6 million access lines -- up from 2.1 million a year earlier.

Yahoo recently announced that, later this year, Frontier customers will be upgraded to a co-branded Frontier-Yahoo email experience powered by Yahoo Mail.

The Bedford Report provides market research.

Report information:

bedfordreport.com/FTR

bedfordreport.com/WIN

((Comments on this story may be sent to newsdesk@closeupmedia.com))

On the Beach: British Travellers are the Most Internet Savvy in Europe.

A recent report from Ipsos, a market research company, has pegged Brits as the group most likely to book their holidays online. Their research found that 71 per cent use the web to make arrangements for their trips - this figure stands well above the European average of 57 per cent. In light of these numbers On the Beach, one of the UK's leading online travel agencies, has hailed British tourists as the most internet savvy group in Europe.

Ipsos released these figures in a report entitled: Intentions and Concerns of Europeans in relation to holidays. The company surveyed over 3,500 Europeans on a wide variety of travel related issues.

Alistair Daly, Marketing Director of On the Beach, comments: "Since the dawn of the internet era Brits have been quick to adopt new technology and new ways of doing things. This has arguably accelerated over the past few years as people are discovering that the internet is by far the easiest way to book their trips, whether they are looking for a last minute holiday or a thoroughly planned trip."

Daly continues: "At On the Beach we provide our customers with a wide variety of holiday options that they can access in a matter of minutes - it has really never been so easy to plan a trip away, whether it's a holiday to Alicante, the Canary Islands or Turkey. We expect that next year even more Brits will be using the internet for all their travel needs."

Keywords: Advertising, Marketing, On the Beach, Technology.

This article was prepared by Marketing Weekly News editors from staff and other reports. Copyright 2011, Marketing Weekly News via VerticalNews.com.

CTI Group Reports First Quarter 2011 Results.(Financial report)

CTI Group (Holdings) Inc. (OTCBB: CTIG), an international provider of electronic invoice processing and management (EIM), enterprise communications management software and services solutions, and carrier class voice over internet protocol (VoIP) management applications, reported results for the three months ended March 31, 2011. Revenues for the three months ended March 31, 2011 increased to $4,116,366 as compared to revenues for the three months ended March 31, 2010 of $3,940,057. The Company reported a net loss for the three months ended March 31, 2011 of ($342,516) or ($0.01) per share as compared to a net loss of ($223,131) or ($0.01) per share for the three months ended March 31, 2010. The increase in revenues for the three months ended March 31, 2011 was primarily attributable to the increase in sales in VoIP and Telemanagement segments and the increased net loss in the three months ended March 31, 2011 was primarily due to increased costs incurred in the Telemanagement segment during the three months ended March 31, 2011.

Commenting on the results, John Birbeck, CTI Group's President and CEO, stated, "We emerged from the challenges faced in 2010 prepared for growth. We are encouraged by increased revenues and especially an approximate $6 million order received from a large European telecommunications company we disclosed previously. This $6 million order has been paid in advance and has greatly improved the liquidity of CTI. We are encouraged that this new order will provide us with the momentum needed to make 2011 a good year for CTI."

The Company's hosted VoIP applications provide business telephone facilities in a hosted, distributed telecoms environment while creating new revenue opportunities for service providers through the delivery of compelling value added services. CTI Group's new products include emPulse, a real-time web-based communications management and analysis solution, and the award-winning SmartRecord[R], which enables service providers to selectively intercept and record any communications on behalf of their hosted and managed service customers. Specifically engineered to seamlessly integrate with the service provider's evolving online eBusiness strategy, these business applications provide enterprise customers with customized access to their provider's eBusiness portal and their complex service invoices.

The Proteus[R] suite of products is used by companies, institutions and government agencies to track communications activity and to control costs associated with operating communications networks. Proteus[R] performs functions of call accounting, cost allocation, client bill-back, analyses of trunk traffic and calling and usage patterns, toll fraud detection, directory services, and integrates with SmartRecord[R] as well as with other private branch exchange peripheral products.

The EIM suite of products includes: Analysis 7, for complete on-line customer care and bill management of mobile, fixed line and data services; SplitBill to enable users to automate Business vs Personal use; and Dynamic Reports, which is a "push" analysis, billing and advertising medium for mobile, data and fixed line, targeting the consumer and SMB markets. CTI's EIM products enable telecoms companies to replace their costly paper billing systems with on-line self-care systems that empower their customers.

About CTI Group - CTI Group (Holdings) Inc. is an international provider of online bill management solutions, enterprise communications management software and services solutions, and carrier class voice over internet protocol (VoIP) management applications. CTI Group's Analysis 7, SmartBill[R], SmartRecord[R] and Proteus[R] product suites offer a full array of solutions for traffic analysis, post-billing call analysis, customer care and call recording. CTI Group's products are used by some of the top service providers in North America and the United Kingdom, and play a trusted role in managing telephony costs at major corporations internationally. Headquartered in Indianapolis, CTI Group maintains overseas offices in London and Blackburn, UK. For more information, please visit CTI Group's website at www.ctigroup.com.

Keywords: Advertising, CTI Group (Holdings) Inc., CTI Group Holdings Inc., Internet Protocols, Software, Telecommunications, World Wide Web.

This article was prepared by Telecommunications Weekly editors from staff and other reports. Copyright 2011, Telecommunications Weekly via VerticalNews.com.

Grab those vanishing power deals.(News)

Byline: Lauren Thompson

HOUSEHOLDS are being urged to snap up a cheap energy tariff as more suppliers are expected to increase prices.

Last week, Scottish Power scrapped its cheapest online plan and replaced it with one [pounds sterling]53 a year more expensive for the average home, while E.ON increased its best deal by [pounds sterling]59 per year.

It means British Gas WebSaver 11 is currently the cheapest online tar- iff, at an average of [pounds sterling]895 per year -- the only supplier to stay under the [pounds sterling]900 mark.

Online tariffs -- where you input your meter readings and pay your bills using the internet -- are the cheapest way to pay for your gas and electricity.

Deals are withdrawn only for new customers; people already on the tariff continue to pay the same price for their energy.

emma Bush, from comparison website uswitch, says: 'online energy prices are creeping up as a result of volatility in the wholesale energy market. There are still some competitive plans out there, but there is no guarantee they will be around for long. This is a last call to sign up to one now.' Experts say that energy firms might be gearing up to increase prices across the board as soon as next month.

Mark Todd, at comparison website Energyhelpline, says: 'A major price rise of around 15pc is expected between August and November, but suppliers are thought to be consid- ering smaller spring price adjustments even before then.' Mr Todd says instability in the Middle East and North Africa, the Japanese nuclear catastrophe and surging demand from China and India are all putting pressure on wholesale prices, which, in turn, could be passed on to consumers.

Gas wholesale prices have increased by a massive 75 pc in the past 12 months, according to analyst ICIS Heren.

All energy suppliers must now give customers 30 days' notice before increasing prices, following an order from regulator Ofgem that came into effect last week.

Previously, suppliers did not have to tell their customers that prices had increased until three months after the event. 'At least people will be given a month's warning when prices increase now,' says Mr Todd.

Apart from British Gas at [pounds sterling]895, the cheapest online plans are with npower at [pounds sterling]960 a year and E.ON at [pounds sterling]965 a year.

Saturday, February 25, 2012

ROBUST REGULATION OF INFORMATION TECHNOLOGY CRUCIAL FOR ECONOMIC GROWTH - UN.

NEW YORK -- The following information was released by the United Nations:

Effective regulation of the information and telecommunications technologies (ICTs) is crucial for overall economic growth, the United Nations telecommunications agency says in a report released today, stressing that setting rules and standards creates an enabling digital environment.

In its 2010-2011 report on "Trends in Telecommunications Reform", the UN International Telecommunication Union (ITU) notes that a robust and complex regulatory landscape has emerged in response to the tremendous influence ICTs have on the shape and growth of other economic sectors.

At the beginning of this year, for example, more than 80 per cent of markets worldwide had separate ICT regulatory agencies, bringing the total to 158 ICT regulators worldwide, up from 106 just one decade ago, according to the report.

"Because ICTs touch all aspects of society, when setting sound policies and regulation, the link between ICTs and major social issues like climate change, economic growth and digital lifestyles has to be taken into account," said Brahima Sanou, the Director of ITU's Telecommunication Development Bureau.

"More than ever, it is vital to consider the appropriate scope of the ICT regulators' mandate in creating an enabling digital world, a world where no citizen should be left out of the digital society," Mr. Sanou says in a press release.

The reports points out that ICT markets around the world are becoming more competitive in every respect, from international gateway services to wireless local loop and 3G. In 2010, for example, more than 93 per cent of countries worldwide allowed competition in the provision of Internet services, and 90 per cent in the provision of mobile cellular services. A further 92 per cent have competitive 3G mobile broadband markets.

"ICTs are truly at the heart of everything we do," said ITU Secretary-General Hamadoun Toure. "Technology is reshaping the lives of everyone - even those who still lack direct access themselves."

Worldwide, mobile cellular subscriptions now total more than 5.3 billion, including 940 million subscriptions to mobile broadband services - a figure which is expected to reach one billion before mid-2011, according to the report. Access to mobile networks is now available to 90 per cent of the world's population. Eighty per cent of people in rural areas now have mobile cellular coverage.

In terms of applications, at the end of last year, Facebook alone had 600 million active users, representing more than a third of Internet users worldwide. Forty per cent of active Facebook users accessed the platform through their mobile devices. The micro-blogging site Twitter now has over 200 million registered users, and 37 per cent of active Twitter users use their mobile device to "tweet".

Data also shows that two billion videos are watched every day on YouTube, while five billion photos are now hosted on Flickr.

The report also stresses that broadband access is no longer a luxury, but a necessity that will be crucial to every country's economic, social, and political growth, and calls for proactive national broadband planning by every government.

CMP Media Titles Honored at Computer Press Association Awards.

MANHASSET, N.Y.--(BUSINESS WIRE)--Five CMP Media Inc. titles were honored at the Computer Press Awards ceremony on Tuesday night. Recipients were recognized for what the Computer Press Association (CPA) called "outstanding achievement in technology journalism."

Computer Retail Week's Editor Kevin Ferguson and Senior Editor Douglas Olenick, took home first place for their "Secret Shopper" column in the Overall Columnist category.

Sister publication Computer Reseller News was honored with two runner-up awards in the Individual News Story or Series category. "Intel Turns Up the Heat with 150 MHz Notebook Chip," won Kelley Damore, News Editor and Jeff Bliss, Associate Editor, an award. John Longwell, Senior Editor, and Pedro Pereira, Section Editor, were honored for "Irreconcilable Differences."

In the Overall Online Site category, Network Computing Online (http://www.networkcomputing.com) was a runner-up. Notably, Network Computing Online was the only publication-specific site to be recognized with an award in the category; the others were super sites.

InformationWeek and its Editor-in-Chief Bob Evans landed a runner-up award in the Overall Trade Weekly or Tabloid category.

An Individual Product Review runner-up award went to Contributing Editor Richard Santalesa of NetGuide Magazine for his article, "Browser Power: Internet Explorer and Navigator Push Each Other to the Limit."

CMP Media Inc. serves the builders, sellers and users of technology. All of CMP's publications and online products can be accessed through the company's TechWeb(R) site at http://www.techweb.com. Print titles include EE Times, Computer Reseller News, Computer Retail Week, InformationWeek, Network Computing, HomePC and WINDOWS Magazine.

NOTE: All of CMP's press releases are available on the Web at http://techweb.cmp.com/corporate. Journalists and reporters may also set up interviews with CMP's high technology experts through the site by e-mail.

CONTACT: CMP Corporate Communications

Barbara Kerbel, 516/562-5218,

or by e-mail bkerbel(at)cmp.com

or

Catherine Jarrat Koatz, 516/562-7827,

or by e-mail ckoatz(at)cmp.com.

Graphic Media announces LifeGuard 2.0; ergonomic computer safety software program provides reminders to reduce repetitive strain injury.

Media Inc., a Portland, Ore.-based multimedia training and communications firm, announced today the newest version of LifeGuard 2.0 at Training '96 in Atlanta.

LifeGuard 2.0 is an ergonomic computer safety software program that reinforces through reminders ergonomically correct behavior, when to rotate tasks and perform simple exercises to reduce repetitive strain injuries (RSI), the fastest growing occupational disease of the 1990s.

"With repetitive strain injuries on the rise, organizations want to be proactive in educating their staff on learning correct ergonomic safety," said Michael Loftus, executive vice president of Graphic Media.

"This program provides companies with added assurance because they know that their PC users are taking breaks away from the computer at regular intervals, which can decrease the number of ergonomic-related work injuries. It also has a strong positive influence on productivity."

LifeGuard 2.0's new features include interval and event timers while it still maintains the option to base reminders on actual mouse and keyboard activity. The interval timer reminds a PC user to take regular breaks from computing, which maintains overall fitness level and helps to avoid RSIs, like carpal tunnel syndrome.

The event timer can be set to remind the user to exercise regularly. For example, by incorporating these two timers, the program can be set so that a person is reminded to take a computing break every 45 minutes (interval timer) and regularly exercise every afternoon at 2 p.m. (event timer).

LifeGuard 2.0 now includes administrator password protection which allows companies the option to standardize settings on break intervals, etc. Once locked into place, settings can only be changed with the password. This ensures that the program's benefits are utilized since users can not turn off the program at their own discretion.

The new version also allows users to launch an application from a reminder. This lets a user launch a custom exercise program or any other program that is keyed by the reminder.

Additional LifeGuard 2.0 features:

----------------------------------

-- Displays exercises for the seven parts of the body most likely

to be affected by repetitive motion or posture imbalance

-- Monitors computer usage based on individual keyboard activity

-- Illustrates stretches and simple exercises

-- Provides diagrams to help keep work stations properly adjusted

-- Windows 95 compliant

Availability

------------

LifeGuard 2.0, available in March, will be $79.95 (SRP) for single use with site-licensing available and can be found at national retailers or directly from Graphic Media at 1-800-845-2439. The product is available for the Microsoft Windows and Apple Macintosh (3rd Qtr) platforms. LifeGuard 2.0 requires Windows 3.1 or higher; a 386/33 with 1 MB RAM; and a 256 color VGA. For the Macintosh, it requires system 7.X; 1 MB RAM; and a 640 x 480 color monitor.

Based in Portland, Oregon, Graphic Media (http://www.graphicmedia.com) is an interactive marketing communications and multimedia training company that has developed more than 350 interactive training modules. The company currently offers ErgoKnowledge, a one-hour office ergonomics multimedia training course.

This is the first in a series of interactive multimedia CBT programs that offers a low-cost, comprehensive training solution for corporate workplace and safety issues. In addition to its multimedia training programs, Graphic Media offers LifeGuard, a computer safety software program that provides an early warning system for the prevention of repetitive strain injury (RSI).

The company has also produced award-winning multimedia advertising and communications for a number of America's Fortune 500 companies, including Chase Manhattan Bank, Compaq Computer, Consolidated Freightways, Fred Meyer, Hewlett-Packard, Intel, Kaiser Permanente, Lotus, Microsoft and NationsBank. The company was established in 1976.

-0-

ErgoKnowledge and LifeGuard are trademarks of Graphic Media.

Microsoft and Windows are registered trademarks of Microsoft Corp., while Apple and Macintosh are registered trademarks of Apple. Other trademarks are the property of their respective owners.

Editors' Note: To receive a review copy of LifeGuard 2.0 or screenshots or boxshots, please call Michele Ruegg at Kaufer Miller Communications at 206/450-9965 or micheler@kmcomm.com.

CONTACT: Kaufer Miller Communications

Michele Ruegg or John Snyder, 206/450-9965

Internet: MRuegg@aol.com

NOTE TO EDITORS: In the Internet/email addresses noted in this

news release, there is an "at" symbol between:

-- micheler AND kmcomm.com

-- MRuegg AND aol.com

These symbols may not appear properly (or at all) in some systems.