Wednesday, May 17, 2006Gateway To Open Nashville Manufacturing FacilityIrvine-based Gateway has selected Nashville, Tennesse for a new, configure-to-order manufacturing facility, the firm said today. The company said that it expects to employ more than 300 people and have an annual payroll of about $8M for the new site. The plant will assemble configure-to-order desktops, notebooks, servers, and storage arrays. Dell also maintains a manufacturing plant in Nashville.
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Stamps.com Integrates With PhotoshopLos Angeles-based Stamps.com announced today that its popular PhotoStamps service has been integrated with Adobe's Photoshop CS2, Elements, and Photoshop Album Starter Edition software packages. The company's service, which allows consumers to print their own, legal U.S. postage, is now integrated with Adobe's popular consumer editing applications. Those applications now allow users to edit their images and turn them into PhotoStamps from within the software. Stamps.com is a provider of software (More info...)
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Vitesse Faces Delisting, Other WoesCamarillo-based Vitesse announced Tuesday that the company's stock is subject to delisting from the Nasdaq. The company, which is listed as VTSS on the market, said that it has received a Nasdaq Staff Determination and is subject to delisting. The firm also said this morning that it has fired CEO Louis R. Tomasetta, CFO Yatin Mody, and EVP Eugene F. Hovanec. The firm's new CEO is Christopher R. Gardner, and CFO is Shawn C. A. Hassel. The company also gave an update on its finances, saying its in (More info...)
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DivX Signs PanasonicSan Diego-based DivX has scored a win for its digital media format at Panasonic, saying today that Panasonic will incorporate its codec into two of the firm's DVD recorders. Panasonic Consumer Electronics will use the DivX video codec in its DMR-EH55S and DMR-EH75VS DVD recorders, allowing consumers to play back DivX encoded video. The win is the latest win for DivX, which is in the midst of an IPO to raise up to $118M.
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Verari Adds 4GB ArraysSan Diego-based Verari Systems has announced new, 4GB Fibre Channel storage arrays, saying this week that its new products provide up to 8TB of capacity in a 3U form factor, aimed at the midrange computing market. Verari, which develops blade computing systems, said that its new VS4000 storage arrays provide 16 drive bays, up to 4GB of cache, and are focused on mid-range and HPCC applications. The systems support both SATA and Fiber Channel drives. Verari said the product will ship in June.
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LeisureLink Appoints CEOPasadena-based LeisureLink, a venture-funded startup that operates an electronic marketplace for vacation rental and timeshares, has appointed a new President and CEO. The firm said yesterday that it has named Erik Hovanec to the position. founder and former CEO Kelly Tompkins continues as Chief Strategy Officer of the company. Hovanec has served on the company's board of directors since 2004, and has served as General Manager for Green Dot Financial Network. Hovanec was also at Goto.com (Overtu (More info...)
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DispenseSource Adds VP SalesIrvine, California-based DispenseSource has named a new vice president of sales, the firm said today. Michael D. Blough has been named EVP Sales, and will head the company's global sales force. Blough was most recently at SAP America in the automotive and industrial sales group. DispenseSource develops inventory management hardware for the industrial market.
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Sequenom Hires R&D HeadSan Diego-based Sequenom, which is developing genetic analysis products, has hired a new Senior Vice President for Research and Development. The firm said it hired Betty Dragon, Ph.D. to the position. Dr. Dragon joins from Roche Molecular Systems. She was most recently Senior Vice President of Global Standardization and Vice President of Diagnostics Development at Roche. Sequenom is developing genetic analysis products that the company is targeting toward non-invasive prenatal testing, biomedica (More info...)
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