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CUPERTINO, Calif. - Oct. 20, 2004 - Symantec Corp. (Nasdaq: SYMC), the global leader in information security, today announced that its Board of Directors has increased the dollar amount of the company's authorized stock repurchase program from $940 million to $1.24 billion. The company had previously announced a repurchase plan under Rule 10b5-1 to facilitate such purchases. Symantec expects to purchase approximately $60 million per quarter under this plan through March 2006.
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Full View / NID: 4324 / Submitted by: TACKtech Team
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MILPITAS, Calif., October 20, 2004 -- Maxtor Corporation (NYSE: MXO) today announced its financial results for the third quarter ended September 25, 2004. Revenue for the quarter was $927.2 million. The Company reported a net loss on a GAAP basis in the third quarter of 2004 of $90.6 million, or $(0.36) per share. Included in the GAAP net loss was $27.2 million of severance and facilities-related restructuring charges and a $5.1 million charge for the amortization of intangible assets. On a non-GAAP basis, excluding these charges, Maxtor reported a net loss of $58.3 million, or $(0.23) per share. In the third quarter of 2003, revenue totaled $1.066 billion. Net income on a GAAP basis in the third quarter of 2003 was $29.9 million, or $0.12 per diluted share. The GAAP net income included a charge for the amortization of intangible assets and stock-based compensation expense totaling $20.7 million. On a non-GAAP basis, excluding these charges, net income in the third quarter of 2003 was $50.6 million, or $0.20 per diluted share.
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Full View / NID: 4323 / Submitted by: TACKtech Team
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SANTA CLARA, Calif., Oct. 20, 2004 -- Intel Corporation today introduced the Intel® Pentium® M processor 765, expanding its mobile processor offerings and enabling a broader range of Intel® Centrino™ mobile technology-based notebooks for corporate and home users.
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Full View / NID: 4322 / Submitted by: TACKtech Team
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BRAINTEE, Mass., Oct. 19 /PRNewswire/ -- InterMute, Inc., a leading developer of Internet security and content filtering solutions, is announcing the acquisition of CWShredder, widely regarded as the only software to effectively detect and remove CoolWebSearch, one of the most treacherous spyware programs infecting personal computers today. CWShredder, developed in the Netherlands by Merjin Bellekom, will be incorporated into InterMute's SpySubtract PRO anti-spyware solution.
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Full View / NID: 4517 / Submitted by: TACKtech Team
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SANTA CLARA, CA—OCTOBER 19, 2004—NVIDIA Corporation (Nasdaq: NVDA), a worldwide leader in graphics and digital media processors, today introduced the NVIDIA nForce™4 media and communication processors (MCPs), the Company’s new family of high-performance PCI Express-based MCPs for AMD64 computing environments.
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Full View / NID: 4317 / Submitted by: TACKtech Team
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Too many people still greatly underestimate their own cybersecurity risks. In another in a series of Microsoft essays on society and technology, McAfee, RSA Security and Trend Micro join Microsoft to help educate people about how to stay safe online through the National Cyber Security Alliance.
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Full View / NID: 4316 / Submitted by: TACKtech Team
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NETWORK SYSTEM DESIGN CONFERENCE, San Jose, Calif. and INTEL DEVELOPER FORUM, Moscow, Oct. 19, 2004 - With a goal of boosting already robust network processor market segment sales, Intel Corporation announced today two new families of network processor units (NPUs) for traditional communications applications and for the emerging embedded networking segment.
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Full View / NID: 4315 / Submitted by: TACKtech Team
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SUNNYVALE, CALIF -- October 19, 2004 --AMD (NYSE: AMD) is launching its first ever experiential technology tour, initiating a highly interactive 20-city road show that offers both consumers and small businesses first-hand experiences with AMD64 technology. The AMD64 Experience Tour features custom demonstrations that are dedicated to showcasing the versatile power of AMD64 technology, including gaming, music, imaging, video and home/office computing solutions.
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Full View / NID: 4313 / Submitted by: TACKtech Team
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PARIS, FRANCE -- October 19, 2004 --Spansion LLC, the Flash memory subsidiary of Advanced Micro Devices, Inc. (NYSE: AMD) and Fujitsu Limited (TSE: 6702), announced today that it has established European headquarters in Paris, France, to serve as its center for worldwide mobile security. A primary strategic focus for Spansion is to develop advanced security technologies to protect data on memory subsystems. France, renowned for its expertise as one of the world’s leading regions for security, is the ideal location for Spansion’s mobile security initiative.
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Full View / NID: 4312 / Submitted by: TACKtech Team
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SUNNYVALE, CALIF -- October 19, 2004 --Spansion LLC, the Flash memory subsidiary of Advanced Micro Devices, Inc. (NYSE: AMD) and Fujitsu Limited (TSE: 6702), announced today it has expanded its system engineering capabilities across seven global locations, in line with its strategy to bring higher value to the marketplace and to its customers. New and expanded design centers include sites in Paris, France; Dresden, Germany; and Seoul, Korea.
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Full View / NID: 4311 / Submitted by: TACKtech Team
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SUNNYVALE, CALIF -- October 19, 2004 --AMD (NYSE: AMD) today announced PCI Express support from leading chipset manufacturers, offering performance-hungry customers additional graphics bandwidth and improved I/O for gaming and multimedia applications. PCI Express is a next-generation graphics-to-chipset interface which dramatically increases throughput capability, providing added bandwidth for tomorrow’s graphic-intensive applications.
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Full View / NID: 4310 / Submitted by: TACKtech Team
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SUNNYVALE, CALIF. -- October 19, 2004 --AMD (NYSE: AMD) today upholds the PC performance crown with the introduction of the AMD Athlon™ 64 FX-55 processor, the world’s ultimate PC processor for enthusiasts and hard-core gamers. The AMD Athlon 64 processor 4000+, also announced today, provides businesses and consumers with world-class performance and enables a more secure computing environment. These new additions to the award-winning AMD Athlon 64 processor family represent the next leap forward in desktop computing, providing exceptional performance on 32-bit applications today, with the ability to migrate to 64-bit applications.
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Full View / NID: 4309 / Submitted by: TACKtech Team
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REDMOND, Wash., Oct. 18, 2004 -- Adoption of Microsoft Windows Server 2003 is growing at the fastest rate of any Windows Server operating system ever released, say representatives of the Windows Server Group, and feedback continues to be positive. In 2005, Microsoft plans to deliver more updates to the Windows Server platform than ever before and continue to enhance and expand its partnerships to provide more complete, secure and customer-driven solutions.
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Full View / NID: 4303 / Submitted by: TACKtech Team
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Detroit, MI -- October 18, 2004 --Spansion LLC, the Flash memory subsidiary of Advanced Micro Devices, Inc. (NYSE: AMD) and Fujitsu Limited (TSE: 6702), today at Convergence 2004 announced it has added a faster, higher density model to its top-selling automotive Floating Gate Flash memory product line. This new 32Mbit burst-mode, simultaneous read/write NOR Flash memory device uses a 32-bit bus to reach frequencies as high as 75 MHz to deliver the fastest memory data throughput for next-generation engine control units (ECUs). The burst mode Flash “gluelessly” interfaces with most high-speed microcontrollers to enable optimum engine performance, fuel efficiency, and meet stringent environmental requirements.
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Full View / NID: 4302 / Submitted by: TACKtech Team
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SUNNYVALE, CALIF -- October 18, 2004 --AMD (NYSE:AMD) today announced that guitar superstar Mark Knopfler’s latest album “Shangri-La” was recorded in high-resolution 24-bit/96kHz audio and 5.1 surround sound on a dual AMD Opteron™ processor-based digital audio workstation. Basic tracks for the album were initially laid down on dual 16-track analog machines and then immediately transferred to the digital format for the remainder of the recording process. Mixing continued on the AMD64 workstation to provide the 5.1 surround and high-resolution stereo mixes. Chuck Ainlay, AMD64 Masters Group member, engineered the recording that he co-produced with Knopfler.
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Full View / NID: 4301 / Submitted by: TACKtech Team
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Corel Corporation today acquired Jasc Software, Inc., the award-winning developer of the Paint Shop™ family of digital-photography and image- editing software. A critical milestone in Corel's ongoing growth strategy, this acquisition follows four consecutive quarters of profitability and a successfully completed turnaround since Corel was taken private in August 2003. The acquisition further extends Corel's position as a powerful force in the packaged software industry providing exceptional office and personal productivity and graphics products. Corel will now serve a combined base of more than 60 million customers worldwide with an extended software portfolio that combines innovative photo editing and graphics creation, vector- illustration and technical- graphics applications along with Corel's popular WordPerfect line of products. The acquisition is expected to officially close by the end of October 2004.
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Full View / NID: 4298 / Submitted by: TACKtech Team
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MILPITAS, Calif., October 14, 2004 -- Maxtor Corporation (NYSE: MXO) today announced that Michael Bless, executive vice president and chief financial officer, has resigned from the Company, effective immediately, for personal reasons. The Board of Directors has named Paul Tufano, president and CEO of Maxtor, as the Acting CFO. The Company has launched a search for a permanent replacement. As previously announced, Maxtor will release its financial results for the third quarter ended September 25, 2004 on Wednesday, October 20, 2004.
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Full View / NID: 4290 / Submitted by: TACKtech Team
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SAN DIEGO, October 14, 2004 - For years, analysts and enthusiasts alike have been debating the popularity of desktop Linux. This week, there will be hard data to back up the theories with the release of new, up-to-date graphical maps that show where, when, and just how often people are connecting to the Internet with computers running Linux.
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Full View / NID: 4289 / Submitted by: TACKtech Team
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IRVINE, Calif., Oct. 14 /PRNewswire-FirstCall/ -- Gateway, Inc. today announced that all of its eMachines and Gateway consumer systems sold in North America now come preloaded with BigFix(R) software, a tool that enhances PC health and performance. BigFix provides critical system-specific information to users, and identifies and resolves problems that affect users' systems before they occur.
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Full View / NID: 4288 / Submitted by: TACKtech Team
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MARKHAM, Ontario - ATI Technologies Inc. (TSX:ATY, NASDAQ:ATYT) announced today that David Orton, President and CEO of ATI, has advised the company that he intends to enter into a new trading plan to sell a portion of his holdings of shares of the company. The trading plan is identical in concept to the one Mr. Orton announced almost a year ago, in November 2003. Under the terms of the trading plan, which will comply with the requirements of the U.S. Securities and Exchange Commission’s Rule 10b5-1, Mr. Orton anticipates selling up to 40% of his common shares and options, subject to market conditions.
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Full View / NID: 4287 / Submitted by: TACKtech Team
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