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Financialbusinessnews.us: Todays Stock News: AIRN, BPWI, CEXI, SYMC
(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:17072008
Boston, MA -- Airspan Networks Inc. (NASDAQ: AIRN); Big Apple
Worldwide, Inc. (PINKSHEETS: BPWI); CDEX Inc. (OTCBB: CEXI); Symantec
Corp. (NASDAQ: SYMC)
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Airspan Networks Inc. (NASDAQ: AIRN) closed at $0.52 Wednesday, trading
242,600 shares.
Company News- July 17, 2008: City District Government Karachi in
Pakistan Deploys Airspan's 4.9 GHz WiMAX Solution for Video Surveillance
Airspan Networks Inc. (NASDAQ: AIRN), a leading provider of WiMAX
broadband wireless access networks, announced earlier today that City
District Government Karachi (CDGK) in Pakistan has successfully
deployed Airspan's 4.9 GHz WiMAX solutions for its IP Closed Circuit
Television Video surveillance project in Karachi. CDGK is committed to
video surveillance of all major city roads. Airspan is partnering with
GCS (PVT) Ltd., a U.S. based telecommunications integrator that
provides wireless video solutions in Pakistan.
"This initial deployment of Airspan's 4.9 GHz WiMAX solution in
Pakistan shows how WiMAX technology is particularly well suited for
video surveillance applications. IEEE802.16-2004 is particularly well
matched for this application which requires flexible Quality of Service
capabilities and has a high uplink demand. Airspan's products offer a
lot of flexibility not available in competing solutions at this price
point," commented Declan Byrne, Airspan's Chief Marketing Officer.
Anders Rendahl, Senior Vice President and General Manager of EMEA for
Airspan, continued, "We are pleased to be part of Karachi's video
surveillance WiMAX project in Pakistan. We are looking forward to
continued cooperation with the Karachi City Government and GCS (PVT)
Ltd. in their WiMAX initiative." Airspan has a suite of products in the
4.9 GHz frequency range which is particularly well suited for security
and surveillance applications around the world.
About GCS (PVT) Ltd.
GCS (PVT) Ltd. is a U.S. based company headquartered in Orlando,
Florida that provides Telecommunication Consulting Services, wireless
network design & planning, deployment and integration services for
wireless networks and preparation of telecom feasibility reports for
Government and Commercial carriers. GCS (PVT) Ltd. also pioneers
Wireless Video Security Surveillance network applications in Pakistan.
www.gcspvt.com
About Airspan Networks Inc.
Airspan is the industry's leading WiMAX pure player, ranked #1 for
IEEE802.16-2004 WiMAX revenue in 2007 and has now been selected for
some of the world's largest mobile WiMAX deployments. With direct sales
offices throughout Asia, EMEA and the Americas, a worldwide network of
resellers and agents, and partnership alliances with major OEMs,
Airspan boasts over 100 commercial WiMAX deployments worldwide.
www.airspan.com
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Big Apple Worldwide, Inc. (PINKSHEETS: BPWI) closed at $0.80 Wednesday,
trading 400 shares.
Company News- July 17, 2008: Big Apple Worldwide Reduces Authorized
Shares
Big Apple Worldwide, Inc. (PINKSHEETS: BPWI) is pleased to have
announced earlier today that its Board of Directors has approved a
reduction of the Company's authorized common stock to 950 million
shares. The purpose of the reduction is to aid the Company in its
objective to increase the share price in concert with its current
business plan and marketing efforts. Since February 2008, Big Apple
Worldwide's authorized share count was reduced from 20 billion to the
current level of 950 million shares.
The Company believes that the overall value of Big Apple Worldwide has
a tremendous upside and wishes to reflect that value in its stock
price. The reduction was filed with the Nevada Secretary of State. Big
Apple Worldwide's Board of Directors received the consent of a majority
of the shareholders to amend the Company's Articles of Incorporation.
"By reducing the authorized share count, we want to assure our
shareholders that the Company is committed to maximizing shareholder
value. This is all part of an effort to increase our share price and
become more attractive to the large investment community," stated Neal
Jablon, CEO and President of Big Apple Worldwide, Inc.
The Company believes that a significant increase of the share price is
obtainable with existing assets in place and projected income based on
current business contracts and those in negotiations. It intends to
raise additional growth capital to achieve a share price worthy of a
move to a higher trading arena.
About Big Apple Worldwide, Inc.:
Big Apple Worldwide, Inc. (www.bigappleworldwide.com) is a holding
company focused on serving the hospitality, leisure and retail market.
Big Apple Wallcovering, Inc. (www.bigapplewallcovering.com) is a wholly
owned subsidiary of Big Apple Worldwide and has inspired the
Architecture and Design community with cutting-edge design and the
manufacturing of architectural wallcovering and fabrics for
hospitality, private offices and commercial interiors. Big Apple
Wallcovering now enters the retail industry, placing its "No More Books
" kiosks into major retailers across the country. Big Apple Worldwide,
Inc.'s subsidiary, Elabrient Surfaces (www.elabrient.com), is a
commercial interior design development and manufacturing company
specializing in commercial wallcovering. Big Apple Travel, Inc.
(www.bigappletravel.com), a wholly owned subsidiary of Big Apple
Worldwide, Inc., is a full-service travel agency and features a
next-generation travel salon in Orlando, Florida.
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CDEX Inc. (OTCBB: CEXI) closed at $0.33 Wednesday, trading 28,821
shares.
Company News- July 17, 2008: CDEX Announces First Sales and Deliveries
of ID2 Meth ScannerTM
CDEX Inc. (OTCBB: CEXI) announced earlier today its first sales and
deliveries of ID2 Meth Scanners for methamphetamine detection to U.S.
clients in the Law Enforcement and Home Inspection Markets, and to U.S.
and international distributors. The ID2 Meth Scanner is a hand-held,
battery operated device that detects trace amounts of methamphetamine
(low nanogram range) on virtually any surface while in the continuous
scan mode. It employs the same CDEX patented Enhanced Photoemission
Spectroscopy technology used in the ValiMed System, currently saving
lives in hospitals today.
"We are excited about the commercialization of the ID2 Meth Scanner
following two years of extensive R&D, beta testing and market research
by the CDEX Team," said Steve Schmidt, VP and General Manager of CDEX's
Security Division. The scourge of methamphetamine abuse is growing
exponentially around the world. It is estimated that over 13 million
are addicted to methamphetamine in the U.S. alone, raising significant
concerns of officials in law enforcement, homeland security, school
systems and the border patrol, as well as the unsuspecting consumers
purchasing homes and used automobiles. "Residue from use or production
of methamphetamine in homes, schools, automobiles, hotels and public
buildings raises serious health risks for those exposed," Schmidt
continued. "CDEX plans to build an extensive distribution network
around the world, particularly in countries where meth abuse,
manufacturing or distribution is at dangerous levels. This marks the
first step in that process."
About CDEX Inc.
CDEX is a technology development company, currently manufacturing and
globally distributing advanced chemical detection products, based on
its patented Enhanced Photoemission Spectroscopy technology. With this
technology, the company is providing unique solutions to the challenges
of identifying substances in difficult to monitor environments. CDEX
technology is being adapted to market needs for medication validation,
hazardous chemicals detection, and brand protection through analysis of
counterfeit substances. Currently, CDEX is organized to serve the two
critical markets encompassing our existing product lines -- Medication
Safety and Security. The Valimed System product line is providing
life-saving validation of high-risk medications and return narcotics in
healthcare facilities and pharmacies. The ID2 Meth Scanner product line
is a revolutionary new tool in the global battle against the growing
scourge of methamphetamine abuse and its toxic impact on the general
public. Corporate headquarters and R&D facilities are located in
Tucson, Arizona with an international office in Paris, France. For more
information, visit www.cdexinc.com and www.valimed.com or contact Steve
Schmidt, VP Corporate Communications, (sschmidt@cdex-inc.com) at (520)
745-5172 x212.
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Symantec Corp. (NASDAQ: SYMC) closed at $18.98 Wednesday, trading
18,727,100 shares.
Company News- July 17, 2008: Symantec Products Earn Common Criteria
EAL2+ Certification
Symantec Corp. (NASDAQ: SYMC) announced earlier today that Symantec
Endpoint Protection 11.0 and Symantec Network Access Control 11.0 have
been awarded Common Criteria Evaluation Assurance Level 2 augmented
with ALC_FLR.2 and AVA_MSU.1 (EAL2+) certification. This certification
assures customers that Symantec Endpoint Protection and Symantec
Network Access Control have gone through a rigorous analysis and
testing process and conform to standards sanctioned by the
International Standards Organization. Common Criteria is an important
worldwide evaluation standard for security products as its
certifications are recognized in 25 countries around the world.
Based on the recent certification, Symantec Endpoint Protection is
conformant to the U.S. Government Protection Profile for Anti-Virus
Applications for Workstations in Basic Robustness Environments, Version
1.1, April 4, 2006. For more information about Symantec's Common
Criteria certifications, visit:
http://www.cse-cst.gc.ca/services/common-criteria/trusted-products-e.htm
l.
"This certification further validates the ability of Symantec Endpoint
Protection and Symantec Network Access Control to protect any
organization," said Brad Kingsbury, senior vice president Endpoint
Security and Management, Symantec Corp. "Recognizing that the Federal
government is a leading proponent of Common Criteria certification,
Symantec is well positioned to continue providing customers in the
Department of Defense and civilian federal agencies with endpoint
protection technology that meets stringent EAL2+ certification."
Symantec Endpoint Protection combines Symantec AntiVirus with advanced
threat prevention to deliver defense against malware for laptops,
desktops and servers. It provides protection against sophisticated
attacks that evade traditional security measures, such as rootkits,
zero-day attacks and mutating spyware. Symantec Network Access Control
securely controls access to corporate networks, enforces endpoint
security policy and easily integrates with existing network
infrastructures.
Communications Security Establishment Canada (CSEC) participates in the
international Common Criteria Recognition Arrangement (CCRA) on
Canada's behalf and sets the standards for the Canadian certification
process. Upon successful completion of the certification process, a
product's Security Target and Certification Report and its Certificate
of Product Evaluation are posted on CSEC's Internet site at:
http://www.cse-cst.gc.ca/services/common-criteria/common-criteria-e.html
.
About Common Criteria
The Common Criteria for Information Technology Security Evaluation (CC)
is a set of evaluation criteria agreed to by the United States'
National Security Agency/National Institute of Standards and
Technologies and equivalent bodies in 24 other countries. It was
designed to resolve the technical and conceptual differences among
existing standards for the evaluation of security systems and products.
Certification to the Common Criteria requires in-depth analysis of
product design and development methodology, backed by extensive
testing. Common Criteria is currently recognized by the following
countries: United States, Canada, Australia, New Zealand, Austria, The
Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary,
India, Israel, Italy, Japan, Malaysia, The Netherlands, Norway,
Republic of Korea, Singapore, Spain, Sweden, Turkey, and the United
Kingdom.
The Common Criteria represents the outcome of efforts to develop
criteria for evaluation of IT security that are widely accepted within
the international community. Further information is available at
http://www.commoncriteriaportal.org.
About Symantec
Symantec is a global leader in providing security, storage and systems
management solutions to help businesses and consumers secure and manage
their information. Headquartered in Cupertino, Calif., Symantec has
operations in more than 40 countries. More information is available at
www.symantec.com.
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