Archive for April, 2011

Senior Market Sales Launches Social Security Timing™ Software

April 28th, 2011

Senior Market Sales, Inc. today announced the launch of its new patent-pending Social Security Timing™ software, which helps married retirees uncover tens of thousands in additional Social Security benefits they may have otherwise left on the table.

“Whether to elect Social Security early or late is a decision virtually every retiree is faced with,” said Joe Elsasser CFP, Director of Advisory Services for Senior Market Sales and the software’s creator. “Social Security Timing™ is the only software in the marketplace that simultaneously calculates all whole year election age combinations across nine possible election strategies in order to identify the strategy that offers the highest lifetime benefit.”

Social Security Timing™ has two components that help retirees make better choices. One is the free “What’s at Stake?” consumer calculator, which allows married couples to find out in real dollars the difference between their best and worst possible Social Security election decision. The calculator also shows their top three election strategies and gives them the option to consult an advisor for further guidance. The second component is the Social Security Timing™ software that financial advisors can purchase to use with their clients.

Source:http://www.prnewswire.com/news-releases/senior-market-sales-launches-social-security-timing-software-120780089.html

Fresno Software Company Growing

April 28th, 2011

Mayor Ashley Swearengin congratulated a local software company on their growth.

Decipher is in the middle of a big expansion and moved into the old Gottschalks corporate building.

Mayor Swearengin says the company’s success is cause for celebration. “And this company has grown to over 100 employees here in Fresno. It’s exciting to consider that Fresno… we know we can grow lots of crops, we know we’re well known for agri-business, but we can also grow startup technology companies right here in Fresno.”

Decipher’s expansion also means they are hiring more employees too.

Some of the company’s clients include eBay, PayPal and Whole Foods.

Source:http://www.cbs47.tv/news/local/story/Fresno-Software-Company-Growing/9SQ4Cp9Z1ESi2smX0UcSAA.cspx

Paragon Announces Hard Disk Manager 11 Software

April 28th, 2011

Paragon Software Group has announced its new Hard Disk Manager 11 Professional software. The software provides users with tools for data safety and recovery, data migration for physical and virtual environments, partition alignment and management, wiping technologies, and partition conversion.

Other notable features include backup functionality and a migrate HDD to SSD wizard.

A full feature list includes:

Empowered data safety and disaster recovery tools for both physical and virtual Windows environments.

All type of migration operations for physical and virtual environments: Full spectrum of virtual and physical migration operations: P2V, P2V Restore, V2P, V2V, P2P and Migrate OS to SSD to move any Windows OS since XP from a regular hard disk to a fast SSD (Solid State Drive) even of a smaller capacity. In addition, Paragon Connect VD technology, which works with virtual disks as if they were physical, is now included.

New Automatic partition alignment for computer performance optimization: All partitioning (resize, move, creation) and copy with resize operations now take partition alignment problems into account with all volumes being automatically aligned by sector (for drives with non-512b sector size offset\ border will differ) . Hard Disk Manager 11 Pro users do not need to worry about possible system performance decline caused by unaligned partitions.

Full set of Partition Management operations: All partitioning operations can now be maintained on physical or virtual environments. For mixed systems environments, Hard Disk Manager 11 Pro allows easy install and management of several diverse operating systems on a single hard disk drive.

Updated wiping technologies can efficiently dispose data on any HDD, SSD, flash-drives and laptops.

Support of latest technologies – AFD (Advanced Format Drive) ready: Full support of new large HDDs with advanced format structure and large sector sizes. Hard Disk Manager 11 Pro places volumes accordingly to new partition alignment rules and is able to manage partitions on these drives.

USB 3.0 ready: New USB 3.0 port grants the possibility to access to external HDD and Flash drives on the new high-speed version of the traditional serial port
Conversion of basic MBR to basic GPT disks; support of modern virtual machines.

WinPE 3.0 based bootable environment: Support of a wider range of hardware configurations with the option to add drivers for specific hardware on-the-fly.

Source:http://www.storagereview.com/paragon_announces_hard_disk_manager_11_software

Legal settlement boosts JDA Software profits

April 28th, 2011

Improving economies in North America and Europe and a favorable settlement of a patent infringement suit led to a substantially higher first-quarter profit reported Tuesday by JDA Software Group Inc.

The Scottsdale producer of supply chain management software said it earned $45.53 million, or $1.07 per share, in the quarter compared with a $4.27 million, or 11 cents per share, loss posted for the first quarter of 2010.

The results were helped by a favorable $37.5 million settlement of a patent infringement suit against Oracle Corp., which JDA booked as a credit to its operating expenses. Without the credit, the company earned 45 cents per share in the quarter, a cent more than analysts expected.

Revenue was bolstered by increased demand for its software products and consulting services and jumped 24 percent to $163.6 million from $131.6 million a year earlier.

“We opened the year with a strong performance driven by record revenues in every line of business and finished the quarter with over $260 million of cash on hand,” said JDA President and CEO Hamish Brewer.

JDA reported its first-quarter results after major markets closed Tuesday and its shares were up 2 cents at $29.51.

Source:http://www.azcentral.com/business/articles/2011/04/27/20110427biz-jda-earnings0427.html

Ultimate Software Group Inc. Stock Downgraded (ULTI)

April 28th, 2011

Ultimate Software Group has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and good cash flow from operations. However, as a counter to these strengths, we find that the company’s return on equity has been disappointing.

Highlights from the ratings report include:

Compared to its closing price of one year ago, ULTI’s share price has jumped by 54.78%, exceeding the performance of the broader market during that same time frame. Looking ahead, however, we cannot assume that the stock’s past performance is going to drive future results. Quite to the contrary, its sharp appreciation over the last year is one of the factors that should prompt investors to seek better opportunities elsewhere.

The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. In comparison to the other companies in the Software industry and the overall market, ULTIMATE SOFTWARE GROUP INC’s return on equity is significantly below that of the industry average and is below that of the S&P 500.

ULTI’s debt-to-equity ratio is very low at 0.06 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Even though the company has a strong debt-to-equity ratio, the quick ratio of 0.29 is very weak and demonstrates a lack of ability to pay short-term obligations.

The net income growth from the same quarter one year ago has significantly exceeded that of the Software industry average, but is less than that of the S&P 500. The net income increased by 28.6% when compared to the same quarter one year prior, rising from $0.26 million to $0.33 million.

The revenue growth came in higher than the industry average of 7.2%. Since the same quarter one year prior, revenues rose by 15.9%. This growth in revenue does not appear to have trickled down to the company’s bottom line, displaying stagnant earnings per share.

The Ultimate Software Group, Inc. designs, markets, implements, and supports unified human capital management (HCM) software-as-service (SaaS) solutions to businesses, providing a single source for comprehensive human resources, payroll, and talent management technology. The company has a P/E ratio of 523, below the average internet industry P/E ratio of 719.1 and above the S&P 500 P/E ratio of 16.7. Ultimate Software Group has a market cap of $1.6 billion and is part of the technology sector and internet industry.

Source:http://www.thestreet.com/story/11097024/1/ultimate-software-group-inc-stock-downgraded-ulti.html

Check Point Software Stock Hits New 52-Week High (CHKP)

April 28th, 2011

Check Point Software Technologies (Nasdaq:CHKP) hit a new 52-week high Wednesday as it is currently trading at $54.26, above its previous 52-week high of $54.23 with 1.2 million shares traded as of four p.m. ET. Average volume has been two million shares over the past 30 days.

Check Point Software has a market cap of $11.1 billion and is part of the technology sector and computer software & services industry. Shares are up 15.9% year to date as of the close of trading on Tuesday.

Check Point Software Technologies Ltd. develops, markets, and supports a range of software, and combined hardware and software products and services for information technology security worldwide. The company has a P/E ratio of 23.1, below the average computer software & services industry P/E ratio of 23.9 and above the S&P 500 P/E ratio of 16.7.

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TheStreet Ratings rates Check Point Software as a buy. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

Source:http://www.thestreet.com/story/11096820/1/check-point-software-stock-hits-new-52-week-high-chkp.html

Ithaca-made software aids energy-saving efforts

April 28th, 2011

A green-technology company in Ithaca is working toward reducing the United States’ dependence on foreign oil through improving energy efficiency in homes and businesses.

Performance Systems Development of Ithaca is an energy auditing, training and consulting firm whose software is used in 20 states and by agencies such as the Nature Conservancy.

“Our impact on the nation’s energy efficiency is very broad and meaningful,” said John Behlar, PSD’s marketing manager. “It’s what drives us.”

Founded in 1998 by current Chief Executive Officer Greg Thomas, the company provides engineering and training services, consults on green building projects and energy efficiency programs and develops software used for energy audits. With field offices in Philadelphia and Meadville, Pa., its training academy certifies hundreds of auditors a year on how to measure and analyze the energy efficiency of buildings and to predict energy savings.

The average home uses 148,309 kBtu of energy annually, whereas an efficient home uses approximately 73,030 kBtu, according to PSD.

Much of the company’s current focus is on software development, Behlar said. TREAT (Targeted Retrofit Energy Analysis Tool) is widely used by auditors and can be downloaded from the company’s website for a fee.

Green Energy Compass, PSD’s most recent design, is a web-based program that determines a home’s energy use during the winter and summer months and its energy score, and how it compares to other homes in the neighborhood.

Sunnywood Designs, a division of PSD, recently designed carbon calculators for the Pew Center for Global Climate Change and the Nature Conservancy, whose carbon calculator also takes travel, food, diet and recycling into account.

The company has grown rapidly, Behlar said, due in part to its in-demand green technology and federal incentive programs to reduce greenhouse gas emissions. In the last six months, the company went from 37 employees to 47.

“That growth has been fueled by the expansion of energy efficiency programs at the federal and state and local levels,” he said.

PSD representatives traveled to Japan last fall to deliver energy efficiency training at Camp Foster, a U.S. Marine Corps base, on the island of Okinawa as part of the federal government’s push to reduce its energy consumption.

The U.S. government is the largest user of energy in the nation, and in 2007, it passed the Energy Independence and Security Act, which requires overall energy reduction of 30 percent in federal buildings by the end of 2015.

Locally, PSD has worked with individuals and businesses, including St. Paul’s United Methodist Church in Ithaca, South Hill Business Campus and Watkins Glen Public Library. It also provides program support for the utility company First Pennsylvania and the New York State Energy Research and Development Authority, which promotes renewable energy sources and limits energy consumption. On the federal level, the California Energy Commission, the Wisconsin Energy Conservation Corp., and the U.S. Department of Housing and Urban Development use PSD’s software.

Source:http://www.theithacajournal.com/article/20110427/NEWS01/104270375/Made-Tompkins-Ithaca-made-software-aids-energy-saving-efforts?odyssey=tab|topnews|text|FRONTPAGE

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