latest news releases from the newsroom
GlobeTel Communications Corp.
GlobeTel Working to Complete 2006 and 2007 Financial Statements
FORT LAUDERDALE, Fla., Jan. 30, 2008 (PRIME NEWSWIRE) -- GlobeTel Communications Corp. (Pink Sheets:GTEM) today announced that it is preparing its financial statements for the years ended December 31, 2006 and 2007. The Company's auditors have begun the audit process and will be conducting fieldwork in the Company's offices in February. The Company expects to be able to file audited financial statements on Form 10-K for 2006 and 2007 by March 31, 2008.
Magma Design Automation
Magma Announces Validated RTL-to-GDSII Low-Power Reference Flow for UMC's Advanced 65-Nanometer Process
SAN JOSE, Calif., Jan. 30, 2008 (PRIME NEWSWIRE) -- Magma(r) Design Automation Inc. (Nasdaq:LAVA), a provider of chip design software, today announced the availability of an integrated low-power IC implementation reference flow for UMC's (NYSE:UMC) (TSE:2303) advanced 65-nanometer (nm) process. The 65-nm low-power reference flow enables designers to address low-power nanometer design considerations during implementation and within a single environment, maximizing quality of results (QoR) while reducing turnaround time. A similar low-power reference flow for 90-nanometer has been available since 2006.
Magma Design Automation
Magma's Talus Selected by NVIDIA as Standard IC Implementation Platform for 45-nm Chips
SAN JOSE, Calif., Jan. 30, 2008 (PRIME NEWSWIRE) -- Magma(r) Design Automation Inc. (Nasdaq:LAVA), a provider of chip design software, today announced that NVIDIA Corporation standardized on Magma's Talus(r) IC implementation software for design of 45-nanometer (nm) integrated circuits. NVIDIA selected Talus because it offers advanced capabilities for addressing 45-nm design challenges, supporting leading edge 45-nm routing rule and extraction, low-power design and large, high-utilization macro-rich designs. By leveraging Talus' advanced, integrated capabilities such as a congestion-aware automated macro placer, rapid timing and DRC closure, and sign-off-correlated post-layout optimization, NVIDIA can achieve better time to market and higher productivity.
Industrial Manufacturers' Optimism in the U.S. Economy Hits Record Low According to PricewaterhouseCoopers
NEW YORK, Jan. 30, 2008 (PRIME NEWSWIRE) -- Reflecting the concerns about a softening U.S. economy, only 29 percent of American industrial manufacturers responding to the fourth quarter PricewaterhouseCoopers' Manufacturing Barometer say they are optimistic about the prospects for growth in the coming year, down from 64 percent one year ago. This is the lowest level of domestic optimism recorded since the inception of the Barometer in the third quarter of 2003.