Monday, September 14, 2009

Intelligent Decisions Successfully Completes FBI Data Center Relocation and Renovation

ASHBURN, Va., Sept. 14 /PRNewswire/ -- Intelligent Decisions, Inc. (ID), a premier global technology solutions provider specializing in Information Technology capabilities, announces that it has successfully completed the relocation of the Federal Bureau of Investigation's (FBI) Fort Monmouth Information Technology Center (FMITC) in New Jersey to an undisclosed Information Technology Center on the west coast and then completely renovated the data center.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090128/PH63489LOGO )
Intelligent Decisions was chosen by STG to manage and execute the Criminal Justice Information Services Division (CJIS) Disaster Recovery Relocation Project, under STG's ITES-2S contract with the FBI. This project was divided into two tasks. Task 1 involved the relocation of IT equipment across the country to another data center and Task 2 was a comprehensive renovation of the new data center.
Task 1 required the de-installation, secure transporting, reinstallation, testing and recertification of critical national security IT equipment. The FBI set a strict data center downtime requirement that could not exceed 7 days, and had to take place between the Presidential Inauguration and Super Bowl. ID successfully completed the task of relocating the sensitive equipment from Fort Monmouth, NJ to the west coast, and had the systems reinstalled, tested/certified and running in 5 days.
Task 2 of the project included renovation of an existing data center structure of approximately 15,000 square feet at a government owned facility. ID, acting in the capacity of the general contractor on the project, replaced all the HVAC units, UPS units, flooring, ceilings, walls and Fire Protection System. Intelligent Decisions has an array of scalable fire system solutions that can be integrated into any IT environment.
"ID is very excited to have been given the opportunity to display our creative, IT solutions capabilities on such a highly sensitive national security project," said Mark Whitty, Senior Director of Professional Services at Intelligent Decisions. "It was a very unique project with many variables, so we came up with the idea to use both aircraft and ground vehicles to safely and securely move the equipment to its new home. Under our close supervision, the tasks ran smoothly and were completed on time and on budget."
About Intelligent Decisions, Inc.
Headquartered in Ashburn, VA, Intelligent Decisions (ID), a premier global systems integrator, provides a broad range of innovative, IT professional services, software, hardware and manufacturing solutions to Federal, State and Local governments and Fortune 1000 customers. Ranked on the VARBusiness 500 and CRN's Fast Growth 100, ID offers best-value pricing and helps clients meet their strategic goals and mission objectives.
For more information, visit www.intelligent.net or call toll-free 800-929-8331.
Contact
Brady Kavulic
Intelligent Decisions
Senior Marketing Manager
p)703.554.1619
bkavulic@intelligent.net

Lockheed Martin Achieves ISO 20000 Certification for ITA Program

First program in Lockheed Martin history to achieve milestone
ARLINGTON, Va., Sept. 14 /PRNewswire/ -- Lockheed Martin (NYSE: LMT - News) has achieved International Organization for Standardization (ISO) 20000 certification for the Information Technology Agency (ITA) program based in the Pentagon. The ISO auditors reviewed more than 70 Lockheed Martin standard operating procedures, providing the customer with the satisfaction and advantage of a third party verification that Lockheed Martin uses the best IT practices in the world to support their mission.
This new certification is fully IT Infrastructure Library (ITIL) compliant. As the most widely accepted approach to IT Service management in the world, ITIL provides a cohesive set of best practices, drawn from the public and private sectors internationally, and supported by a comprehensive qualification scheme, accredited training organizations, and implementation and assessment tools.
The ITA-Lockheed Martin program spent six rigorous months of procedure and documentation auditing and on-site compliance verification.
"We are thrilled to have this expansive program accomplish this milestone," said Ron Stefano, Vice President of Enterprise IT at Lockheed Martin Information Systems and Global Services-Defense. "This achievement is a testament that our employees and partners are committed to supporting the ITA's mission and have worked tirelessly to ensure the best practices and solutions are provided to our customer."
Lockheed Martin's ITA program provides network operations maintenance, management, and security support for all security levels of data networks within the Pentagon and the National Capital Region. The program provides constant, round-the-clock support through the Network Operations Security Center. Before achieving ISO 20000, the program had been ISO 9001 certified since October 9, 2003.
ISO (International Organization for Standardization) is the world's largest developer and publisher of International Standards. ISO is a network of the national standards institutes of 161 countries, one member per country, with a Central Secretariat in Geneva, Switzerland, that coordinates the system.
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.
For additional information, visit our website: http://www.lockheedmartin.com

QD Vision Spotlights Advances in Quantum Dot Technology for Solid State Lighting and Displays at Key Industry Events

WATERTOWN, Mass.-September 14, 2009, -(BUSINESS WIRE)--QD Vision (www.qdvision.com), developer of nanotechnology-based products for lighting and displays, has accepted invitations to highlight advances in quantum dot technology at nine major industry events in the next six months.
Since announcing its first product earlier this year – a Quantum Light™ optic for a new LED lamp developed by Nexxus Lighting that combines the warmth and color of incandescent bulbs with the efficiency of LED technology – QD Vision has seen a significant increase in lighting and display industry interest for its quantum dot technology. The company’s Quantum LightTM product line enables major improvements in color quality, brightness and efficiency for solid state lighting and displays, while reducing overall system costs. The Nexxus LED lamp incorporating the Quantum Light™ optic from QD Vision will be commercially available in early 2010.
“The potential improvements in lighting and display system cost, color and efficiency offered by our Quantum LightTM product platform have drawn increasing interest from several prestigious industry organizations, as well as leading companies in general illumination and consumer electronics markets,” said Dr. Dan Button, President and CEO of QD Vision. “Our announcement with Nexxus Lighting of the first SSL lamp utilizing quantum dot technology to achieve best-in-class performance generated a lot of excitement about what QD Vision is bringing to lighting and display applications.”
Company co-founder and chief technology officer Seth Coe-Sullivan and other QD Vision executives will discuss quantum dots and their impact on lighting and displays at the following conferences:
Dates Location Link
September 14 – 17
Rome
http://www.eurodisplay.org/
September 29 – October 1
San Francisco
http://www.oled-info.com/oleds-world-summit-2009
October 14 –16
Shenzhen
http://www.sslchina.org/
October 20-22
San Diego
http://www.ledsconference.com/
November 30–December 4
Boston
http://www.mrs.org/s_mrs/sec.asp?CID=9546&DID=198609
December 1–4
San Jose,
http://www.idtechex.com/printedelectronicsusa09/en/index.asp
December 9–11
Miyazaki, Japan,
http://www.idw.ne.jp/
January 23–28, 2010
San Francisco,
http://spie.org/x33511.xml
February 10–12, 2010
Santa Clara
http://www.strategiesinlight.com/
About QD Vision, Inc.
QD Vision (www.qdvision.com) is a quantum dot product company that delivers highly differentiated lighting and display solutions to major industries where color, power and design matter. QD Vision’s Quantum Light™ platform enables step-change advances in current generation solutions, such as LCDs, LEDs and even OLEDs, and ultimately a significant leap over these technologies. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.
Contact:
Aquarius Advisers

Mel Webster,
617-494-9800
mwebster@aquariusadvisers.com

Omni-ID Introduces Enhanced RFID Next-Generation Technology Platform

Showcases Value Innovation for RFID With Global Broadband Operability and New Patented Technology Tag Design
Omni-ID ~ September 14, 2009,
FOSTER CITY, CA--(Marketwire - 09/14/09) -
News Facts:
Omni-ID, the leading supplier of high-performance passive UHF RFID tags, today unveils its next-generation technology platform that delivers global functionality without compromising tag read performance -- regardless of the surrounding environment.
Omni-ID continues to develop world-class products and innovate around existing patented technologies that enable the Company to stay on the cutting-edge of passive UHF RFID product design. The next-generation technology platform includes:
Global Broadband Standard and Operability: Omni-ID tags will be optimized for global frequencies in accordance with EPC Gen2 Protocol, providing near-perfect functionality across all geographic regions, with uncompromised on-metal performance.
Patented Plasmonic Structure: Updated construction of the RFID tag plasmonic structure allows for improved scalability, repeatability, and higher tolerances -- therefore minimizing variation and improving its use as a broadband technology.
New Coupling Structure: Omni-ID RFID tags use a two-component system that optimizes the use of plasmonics and a near-field loop antenna design as a coupling structure. Omni-ID's new custom designed "loop" antenna increases the flexibility in design and facilitates unique performance while improving the capacity for solid state quality.
Migration to High Memory Silicon Chip: The new chip provides for improved performance and additional user memory.
Omni-ID's move to a next-generation technology platform marks a commitment to continued value innovation and enables the Company to meet market and customer needs for longer read distances; improved performance and reliability; and global functionality and interoperability with other RFID hardware and software.
On the heels of establishing a leadership position for meeting the RFID needs of commercial services industries, Omni-ID is broadening its product offerings to extend customer and partner benefits to additional markets. Omni-ID's newly announced suite of RFID passive tags, targeted toward the manufacturing, transportation/logistics and defense industries, takes full advantage of this next-generation technology platform.
Multimedia:
Case Study: Click here to read about the next-generation technology in action. The Omni-ID Max(TM) Pro tag is driving supply chain transparency in a European automobile engine tracking pilot.
Quotes:
"During the past few years, passive RFID technology has evolved from 'mostly working' to 'unquestionably delivering.' Omni-ID's latest product offerings break all the performance records for on-metal and near metal operation and do so with passive tags designed to work globally," said Louis Sirico, Founder and CTO of IndustryWizards.com. "These products give businesses and government agencies the ability to implement rock solid asset tracking solutions in a variety of new applications never before possible."
"Two important values that are a part of Omni-ID's DNA and critical to our growth and success are value innovation and an empathy with our customers," said Tom Pavela, President and CEO, Omni-ID. "Omni-ID approaches technology design and development of new passive RFID products with these two values in mind, and our next-generation technology platform marks the continued dedication toward that achievement. We look forward to the additional benefit we can now bring to meeting customer needs and markets around the world through this enhanced platform design."
"After more than forty years in leadership roles within the logistics industry and national defense, I see the potential that Omni-ID's passive, on-metal and global functionality RFID technology has to enable 'asset tracking and visibility,'" said Major General Hawthorne L. Proctor, U.S, Army (Retired). "From a defense perspective, this technology will provide better asset visibility, reduced cost and overall improved readiness for combat. Principally, the global functionality and balanced performance elements of this technology will allow the military to effectively maintain asset visibility and tracking in what is now called "the last tactical mile" by enabling the transfer and tracking of military equipment from container to storage to point of use. This passive RFID technology will mark a new level of efficiency and insight for logistics management and will enable other sustainment of our Armed Forces."
About Omni-ID
Omni-ID is the leading supplier of high-performance passive UHF RFID tags that deliver near-perfect read rates on, off and near metals and liquids. Using a fundamentally different approach to RFID design, Omni-ID created a patented technology structure that allows for continued innovation and product development. Omni-ID has built a global partner ecosystem with leading RFID technology companies to deliver complete RFID asset tracking, supply chain management, work-in-process and cargo and container tracking solutions. To complement its product line, Omni-ID has a full service bureau offering to ensure efficient and seamless deployment of RFID implementations. With offices in Foster City, Calif. and in the UK, along with a manufacturing facility in China, Omni-ID's mission is to drive the widespread adoption of RFID technology as the optimal tracking and identification solution. For more information, visit http://www.omni-id.com/.
Contact:
Emily Murphy

SHIFT Communications
Email Contact
617-779-1815

RADA Electronic Industries Ltd. has Received a $3.6M Purchase Order to Produce and Deliver Advanced Video Management Systems (VMS) to the IAF

NETANYA, Israel, Sept. 14, 2009 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (Nasdaq:RADA - News) has announced today that it has received a $3.6 million follow-on purchase order from the Israeli Ministry of Defense (IMOD) to produce the advanced airborne video and data management system (Video Management System - VMS) for the Israeli Air Force (IAF) aircraft. Delivery of the units will be completed until the end of 2010.
The VMS is the latest generation of RADA's Digital Video Recorder (DVR), which is one of RADA's current most-selling products worldwide and has been in production for several years now.
Zvi Alon, RADA's CEO, commented on this purchase order: "This follow-on production order proves the confidence of the IAF in RADA's advanced solutions to airborne video and data management. We are confident that other air forces worldwide will follow the IAF and enhance the sales potential of this advanced system."
About RADA
RADA Electronic Industries Ltd. is an Israel based defense electronics contractor. The Company specializes in Data Recording and Management (Digital Video & Data Recorders, Ground Debriefing Stations, Head-Up Display Cameras), Inertial Navigation Systems, Avionics Solutions (Trainer Aircraft Upgrades, Stores Management Systems, Interface Computers) and avionics systems for UAVs.
Note: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. Such risk uncertainties and other factors include, but are not limited to, changes in general economic conditions, risks in product and technology developments, market acceptance of new products and continuing product demand, level of competition and other factors described in the Company's Annual Report on Form 20-F and other filings with the Securities and Exchange Commission.
Contact:
RADA Electronic Industries Ltd.

Dubi Sella,
V.P Marketing & Sales
+972-9-892-1111
mrkt@rada.com

GigOptix $5M Federal Funding for an On-Chip Polymer Modulator Integrated Photonic Transceiver Development Receives Subcommittee Approval

BOTHELL, Wash.-September 14, 2009, -(BUSINESS WIRE)--GigOptix Inc. (OTCBB:GGOX - News) today announces that $5 million in government funding for development of its On-Chip polymer modulator Integrated Photonic Transceiver, which was part of the funding request made by U.S. Senator Patty Murray (D-WA) to be included in the Fiscal Year 2010 Defense Appropriations bill, has received the approval of the Defense Appropriations Subcommittee last week.
This appropriation bill must still receive legislative approval and the signature of the President. Furthermore, if the appropriations are enacted, GigOptix will need to go through an application process before it would receive funding.
The funding would help to develop a new family of cutting edge integrated driver - modulator devices for use by the U.S. Air Force. GigOptix’ technology provides 200 gigabytes in data transmission capability which could decrease the size, weight, and energy usage of some of the military’s most critical technology systems.
Dr. Avi Katz, CEO and Chairman of the Board of GigOptix Inc., said, “Getting the latest technology into the hands of the Air Force improves our military readiness. Creating that technology is what we focus on every day at GigOptix. We’re very grateful to have the support of a leader like Senator Murray who understands the urgency of getting great resources into the hands of military personnel to help them carry out their mission safely, while creating high-tech sophisticated jobs here at home.”
To see Senator Murray’s full statement on the project, please visit http://www.murray.senate.gov/news.cfm?id=317588.
About GigOptix Inc.
GigOptix is a leading fabless manufacturer of electronic engines for the optically connected digital world. The Company offers a broad portfolio of high speed electronic devices including polymer electro-optic modulators, modulator drivers, laser drivers and TIAs for telecom, datacom, Infiniband and consumer optical systems, covering serial and parallel communication technologies from 1G to 120G. For more information, please visit www.GigOptix.com.
Forward Looking Statements
Statements made in this release, other than statements of historical fact, are forward-looking statements, including any statement that refers to expectations, projections or other characterizations of future events or circumstances and those which can be identified by the use of forward-looking terminology such as “expects,” “plans,” “may,” “should,” or “anticipates” and other similar expressions. Forward-looking statements are subject to a number of known and unknown risks, which might cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include whether the appropriations bill will receive legislative approval and ultimately become law, whether GigOptix will receive any funding, whether the modulator developed by GigOptix will be used by the Air Force, and those risks described in GigOptix's periodic reports filed with the SEC, and in news releases and other communications. GigOptix disclaims any intention or duty to update any forward-looking statements made in this release.
Contact:
GigOptix Inc.

Media:Parker Martineau,
650-424-1937 ext. 102
Corporate Communications Manager
pr@gigoptix.com
or
Alliance Advisors, LLC
Investor Relations:
Alan Sheinwald,
914-669-0222
President
asheinwald@allianceadvisors.net

Myers Industries Consolidating Production

Closure of Two Facilities Builds on Optimization Programs and Other Initiatives Underway to Enhance Operational Efficiency
AKRON, Ohio-September 14, 2009, -(BUSINESS WIRE)--Myers Industries, Inc. (NYSE: MYE - News) today announced that it plans to consolidate production facilities in two business segments, Material Handling and Automotive and Custom. This consolidation is related to the Company’s previously announced initiatives and assessment of resources to better align capacity and reduce operating costs, which will further strengthen competitiveness.
The consolidation impacts two facilities:

In the Material Handling Segment, the Company will close one facility in Shelbyville, Kentucky. This injection-molding plant produces plastic reusable containers. The plant employs approximately 88 people.


In the Automotive and Custom Segment, the Company will close one facility in Reidsville, North Carolina. This blow-molding plant produces custom plastic products for a wide range of markets. The plant employs approximately 70 people.
Both facilities are expected to close by the end of 2009. Production from the facilities will be transferred to other Myers Industries operations in North America. The Company will make severance and outplacement support available to affected employees.
President and Chief Executive Officer John C. Orr said, “The decision to close any facility is extremely difficult because of the people and communities it impacts. However, given the changed economic landscape and to better position our business, it is absolutely critical that we further reduce costs, consolidate facilities and fully utilize our high-efficiency molding capacity to enhance productivity.”
Myers Industries expects to incur total one-time, pre-tax expenses of approximately $10.6 million in connection with the consolidation actions, of which approximately $7.4 million is related to the Material Handling Segment and $3.2 million is related to the Automotive and Custom Segment. The Company’s cash expenses are estimated to be approximately $1.7 million in each segment.
The Company anticipates an annualized pre-tax savings of approximately $2.5 million related to the Material Handling Segment consolidation. In the Automotive and Custom Segment, the Company anticipates annualized pre-tax savings of approximately $2.0 million related to the consolidation. Additional options remain under consideration for certain businesses in the Automotive and Custom Segment, including further restructuring or potential divestitures.
About Myers Industries
Myers Industries, Inc. is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial and consumer markets. The Company is also the largest wholesale distributor of tools, equipment and supplies for the tire, wheel and undervehicle service industry in the U.S. The Company reported 2008 net sales of $867.8 million.
Visit www.myersind.com to learn more.
Caution on Forward-Looking Statements: Statements in this release may include “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement that is not of historical fact may be deemed "forward-looking." Words such as “expect,” “believe,” “project,” “plan,” “anticipate,” “intend,” “objective,” “goal,” “view,” and similar expressions identify forward-looking statements. These statements are based on management’s current views and assumptions of future events and financial performance and involve a number of risks and uncertainties, many outside of the Company's control, that could cause actual results to materially differ from those expressed or implied. Factors include: changes in the markets for the Company’s business segments; changes in trends and demands in the industries in which the Company competes; unanticipated downturn in business relationships with customers or their purchases; competitive pressures on sales and pricing; raw material availability, increases in raw material costs, or other production costs; future economic and financial conditions in the United States and around the world; the Company’s ability to integrate acquisitions over time; the Company’s ability to execute the components of its Strategic Business Evolution process; and other risks as detailed in the Company’s 10-K and other reports filed with the Securities and Exchange Commission. Myers Industries undertakes no obligation to publicly update or revise any forward-looking statements contained herein, which speak only as of the date made.
Contact:
Myers Industries, Inc.

Donald A. Merril,
330-253-5592
Vice President & Chief Financial Officer
or
Max Barton,
330-253-5592
Director,
Corporate Communications & Investor Relations

International Battery Awarded $2.1 Million in Federal Funding to Develop Advanced Batteries for U.S. Army

ALLENTOWN, Pa.-September 14, 2009, -(BUSINESS WIRE)--International Battery (www.internationalbatteryinc.com), a U.S. manufacturer, designer, and developer of large-format lithium-ion rechargeable cells, today announced it has been awarded $2.1 million in federal appropriations funding, secured by U.S. Representative Charles W. Dent through the Department of Defense.
This award will fund work aimed at the development for a new Silent Watch system with high energy storage capabilities for use in U.S. combat tactical vehicles.
The Non Primary Power System (NPS 1160) is modeled on International Battery’s large format Iron Phosphate cells and Battery Management System (BMS) technology manufactured in the U.S. The goal of this program is to test and deliver prototypes aimed at creating increased power in military combat and silent watch vehicles. The potential for this technology is very significant in both size and growth in these modular systems. With the added rolling Silent Watch requirements and tight space claims within the military, these systems offer the scalability and modularity to fit multiple platforms.
International Battery's U.S. based manufacturing facility will offer several advantages in the rapid development of Iron Phosphate batteries including: clean and environmentally safe setting through the use of its water based manufacturing process; higher energy density and longer life cycle than those achieved from current conventional lead-acid batteries.
"Congressman Dent has been a great advocate for International Battery and our innovative battery manufacturing technology," said International Battery’s CEO, Ake Almgren. “We’re honored by the recognition of Congressman Dent and the Department of Defense for our capabilities to help enhance our country's security and provide increased operational effectiveness for our troops in the field."
International Battery's award is among an initial base contract with several options to follow that will allow a path for International Battery’s strength of engineering and manufacturing to lead Silent Watch technologies into the future. The total funding package will help to create International Battery's future capability of adding more high-paying jobs in Allentown, Pennsylvania. This technology footprint represents additional market growth capability for the commercial markets, such as trucks, buses and future stationary power applications.
"With companies like International Battery, our region is leading the way in the development of advanced, innovative technology for use by the military," Congressman Dent stated. "The rollout of this important technology will also help provide a model for commercial uses. This is an important investment toward meeting our nation's overall goal of replacing petroleum as our primary energy source in the transportation sector."
About International Battery
Headquartered in Allentown, Pa., International Battery is a U.S. manufacturer, designer, and developer of large-format lithium-ion rechargeable cells and batteries for use in a wide range of transportation, industrial, electric utility, smart grid and military applications, employing a uniquely environmentally friendly manufacturing process.
In addition to historical information, this release may contain forward-looking statements. International Battery may, from time-to-time, make written or oral forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements encompass International Battery’s beliefs, expectations, hopes or intentions regarding future events. Words such as "expects," "intends," "believes," "anticipates," "should," "likely" and similar expressions identify forward-looking statements. All forward-looking statements included in this release are made as of the date hereof and are based on information available to International Battery as of such date. International Battery assumes no obligation to update any forward-looking statement. Actual results may vary, and may vary materially, from those anticipated, estimated, projected or expected for a number of reasons.
Contact:
Jennings & Associates Communications, Inc.

PJ Jennings,
760-471-7376
pj@jandacommunications.com
www.jandacommunications.com

The MathWorks Announces Release 2009b of the MATLAB and Simulink Product Families

New Version Extends Support for Handling of Large Data Sets and Large-Scale System Models
NATICK, Mass.-September 14, 2009, -(BUSINESS WIRE)--The MathWorks today announced Release 2009b (R2009b) of its MATLAB and Simulink product families. R2009b includes features for faster performance and enhanced handling of large data sets, builds on component-based modeling features in Simulink, and updates 83 other products, including PolySpace code verification products.
Key R2009b highlights for the MATLAB product family include extended support for multicore and multiprocessor systems as well as improvements for handling large data sets. MATLAB and Image Processing Toolbox now offer more multithreaded implementations of functions, and Statistics Toolbox adds parallel computing support for several functions. For users with large data sets, MATLAB now offers the ability to perform FFTs on data sets larger than 2 GB, Image Processing Toolbox adds a function to support processing of arbitrarily large TIFF images, and Parallel Computing Toolbox includes a new interface for working with large data sets that are distributed across a cluster.
Other MATLAB highlights in R2009b include:
Mapping Toolbox enables the search and retrieval of geographic data sets from Web Map Service (WMS) servers (for example, NASA JPL OnEarth and Microsoft TerraServer).
Users can now access the MATLAB Central File Exchange, including thousands of user-contributed files, directly from the MATLAB environment.
For Model-Based Design, R2009b enables Simulink users to capture design variants in models and switch between model-wide configurations to better manage design alternatives and reuse. Engineers can now simulate and generate embeddable code from MATLAB programs and Simulink models containing arrays that dynamically change size over time, which are useful for applications such as object detection and motion tracking.
Other Simulink highlights in R2009b include:
Simulink Control Design – Automated tuning and turnkey PID controller blocks in Simulink for faster design and verification of these frequently used controllers.
Real-Time Workshop Embedded Coder – More efficient code generation for signal processing applications, with reduced data copies and optimized matrix operations.
Simulink Verification and Validation – Model Advisor Configuration Editor to manage and deploy a consistent set of checks and rules for modeling standards across an organization.
Simulink Design Verifier - New API that allows Embedded MATLAB to be used as a property specification language.
The new release is available immediately and is being provided to users with current subscriptions to MathWorks Software Maintenance Service. Additional information on R2009b product updates is available at www.mathworks.com/R2009b.
About The MathWorks
The MathWorks is the leading developer of mathematical computing software. MATLAB, the language of technical computing, is a programming environment for algorithm development, data analysis, visualization, and numeric computation. Simulink is a graphical environment for simulation and Model-Based Design of multidomain dynamic and embedded systems. Engineers and scientists worldwide rely on these product families to accelerate the pace of discovery, innovation, and development in automotive, aerospace, electronics, financial services, biotech-pharmaceutical, and other industries. MathWorks products are also fundamental teaching and research tools in the world’s universities and learning institutions.
Founded in 1984, The MathWorks employs more than 2,100 people in 15 countries, with headquarters in Natick, Massachusetts, USA. For additional information, visit www.mathworks.com.
MATLAB and Simulink are registered trademarks of The MathWorks, Inc. See www.mathworks.com/trademarks for a list of additional trademarks. Other product or brand names may be trademarks or registered trademarks of their respective holders.
Contact:
The MathWorks,

Inc.Dave Smith,
508-647-7427
Dave.Smith@mathworks.comor
Text 100 Public Relations
Jennifer Bulmahn,
617-723-1044
mathworks@text100.com

ARC Automotive Announces New Inflator for Passive Safety Restraint Systems - the EcoSafe Inflator

New Airbag Technology Made from H2O Brine Provides ‘Greener,’ Low-Cost Alternative
FRANKFURT-- September 14, 2009, (BUSINESS WIRE)--ARC Automotive Inc., a leading producer of airbag inflator technologies, today announced a new, ‘greener’ alternative – the EcoSafe Inflator™ – to engage airbag passive safety restraint systems in passenger vehicles.
“ARC Automotive, a pioneer in gas inflators, now introduces a technology that provides a safer, greener alternative to today’s pyrotechnic inflators,” said Ali El-Haj, President, ARC Automotive Inc. “With this patented technology we introduce a new passenger vehicle inflator that employs a saltwater brine solution mixed with heated gas – a safer alternative at a lower cost.”
The EcoSafe Inflator™ uses a saltwater solution and small, encapsulated pyrotechnic charge to deploy the airbag during a traffic collision. Other pyrotechnic inflators use larger charges to generate hot gases, which must be cooled and filtered as it inflates the airbag.
“EcoSafe Inflator™ requires a smaller pyrotechnic charge to vaporize the brine or saltwater solution,” El-Haj said. “The mixture of vaporized liquid and combustible gases then inflates the airbag with a non-toxic, low temperature, low particulate mixture.”
“By using less propellant the inflator offers greater vehicle occupant safety because during the airbag deployment the technology emits less particulate into the vehicle cabin,” he said.
Cost of the EcoSafe Inflator™ is lower compared to today’s inflators due to the use of saltwater and less pyrotechnic material, compared to today’s pyrotechnic inflators. Savings to the airbag system manufacturer can be significant considering the lower part costs, as well as reduced logistics and handling costs.
“The manufacturers of passive safety restraint systems for vehicles will realize significant cost savings by applying this technology,” said El-Haj.
The EcoSafe Inflator™ can be used in standard side airbag or active knee bolster applications. It can be used in existing air bag configurations with no new module development required.
ARC Automotive is a supplier to the world’s developers of passive safety restraint systems and also works directly with automotive original equipment manufacturers on safety restraint system design.
ARC Automotive, a legacy company of Atlantic Research Corporation, in the early 1970s pioneered the hybrid inflators used in today’s vehicle airbag systems. In 1998 Atlantic Research Corporation evolved into ARC Automotive Inc. following a joint venture buyout from AlliedSignal.
ARC Automotive Inc., a leader in inflators and propellants for the automotive industry, is a global supplier to the manufacturers of vehicle airbag safety systems. Founded more than 50 years ago as Atlantic Research Corporation, ARC Automotive has evolved over the years to utilize the same proven technologies found in propellant military systems. ARC Automotive has manufacturing operations in the United States, Mexico and China, operating with TS 16949, A2LA-ISO / IEC 1725 and ISO 14001 qualifications. ARC Automotive is a division of Sequa Corporation. More information is at www.arcautomotive.com.
Sequa Corporation is a diversified industrial company with operations in the aerospace, metal coatings and automotive industries. Sequa is a Carlyle Group company. For additional information, visit www.sequa.com.
Contact:
Sequa Corporation

Cathy Gedvilas,
718-974-9595
cathy_gedvilas@sequa.com

Interfast Inc. Launches European Base of Operations

New presence will better service the European aerospace and industrial fastener markets
TORONTO, ONTARIO--(Marketwire - 09/14/09) - Interfast Inc., a leading global aerospace and industrial fastener distributor, today announced it has purchased certain assets of UK-based Burwood Fastener Products Ltd. and has launched a new European division that will operate under the name Interfast Europe Ltd.
"Interfast Europe integrates the best of both organizations and will offer a comprehensive range of fastener products from more than 40 manufacturers, engineering product support and extensive supply chain management expertise," says Peter Oleck, director of Interfast Inc. and general manager of Interfast USA. "Interfast has been a valued and trusted partner to the world's leading aerospace and industrial companies for more than 40 years. We're confident that the newly formed organization will bring a new critical mass to servicing the European market."
David Proctor has been appointed general manager of Interfast Europe Ltd. and Howard Gerstein becomes director of sales and marketing. No changes to existing staff are anticipated as the company moves forward to support existing customers. Interfast Europe will support customers in the European aerospace and industrial fastener markets.
The establishment of Interfast Europe now brings the total of Interfast stocking locations to nine across North America and Europe.
About Interfast Inc.
Interfast is a value-added distributor of specialty fasteners, fastening systems, and production installation tooling for the aerospace, automotive, electronics and general industrial markets. Interfast serves the global market through a network of strategic business partnerships, combining its extensive business and product knowledge with local representatives. The company works with the aerospace OEMs and their suppliers, airlines and the MRO sectors to deliver proactive and innovative fastener-based solutions for a broad base of applications, coupled with a strong presence in the industrial market with recognized branded products such as PEM� and Unbrako�.
PEM is a registered trademark of PennEngineering.
Unbrako is a registered trademark of Unbrako Group.
Contact:
Contacts:

Interfast Inc.
John Rossi
Marketing Manager
1 800 263 6167 ext 308
JohnRossi@interfast.ca
HMB Communications for Interfast
Hugh Black
905-338-1590 / Cell: 416-898-4871
hughblack@cogeco.ca

Elbit Systems Completes $18 Million Acquisition for 19% of Mikal Ltd.

HAIFA, Israel, September 14 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (NASDAQ:ESLT - News) announced further to its announcement on June 15 2009, that after receiving all the appropriate approvals (or authorizations), the $18 million loan that was granted to Mikal Ltd., was converted to an equity investment, and Mikal will issue approximately 19% of its shares to Elbit Systems.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080408/300441 )
As part of the agreement, Elbit Systems was granted the option to purchase the remaining shares of Mikal from the other shareholders, in the course of 2011, for a purchase price to be determined in accordance with an independent external valuation.
About Elbit Systems
Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of defense-related programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned air vehicle (UAV) systems, advanced electro-optics, electro-optic space systems, EW suites, airborne warning systems, ELINT systems, data links and military communications systems and radios. The Company also focuses on the upgrading of existing military platforms and developing new technologies for defense, homeland security and commercial aviation applications.
For additional information, visit: http://www.elbitsystems.com.
This press release contains forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current fact. Forward Looking Statements are based on management's expectations, estimates, projections and assumptions. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results, performance and trends may differ materially from these forward-looking statements due to a variety of factors, including, without limitation:scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this release. The Company does not undertake to update its forward-looking statements.
Contacts:
Company Contact:
Joseph Gaspar, Executive VP & CFO
Dalia Rosen, Head of Corporate Communications
Elbit Systems Ltd
Tel: +972-4-8316663
Fax: +972-4-8316944
E-mail:
j.gaspar@elbitsystems.com
dalia.rosen@elbitsystems.com
IR Contact:
Ehud Helft / Kenny Green
G.K. Investor Relations
Tel: +1-646-201-9246
E-mail:
info@gkir.com

End-to-End Software Defined Radio From Element CXI

Element CXI Announces nGEN Elemental Computing Array, a Fully Reconfigurable Platform for 4G Networks
CHICAGO, IL--(Marketwire - 09/14/09) - 4G WORLD -- Element CXI, premier developer of next-generation processing solutions, today introduced its new nGEN Elemental Computing Array (ECA) platform at 4G World in Chicago. The fully programmable, reconfigurable platform is ideal for multi-mode, multi-band, multi-functional 4G wireless applications. With its unlimited flexibility, the nGEN ECA offers OEMs a common platform for end-to-end, software defined solutions from baseband to front-end processing.
The challenge facing manufacturers of wireless devices and wireless infrastructure equipment is the need to stay agile in the face of rapidly evolving standards and access technologies. With the nGEN platform, applications are developed as software and can be modified, replaced, and dynamically managed for quick, cost-effective deployment of new standards and feature sets. Unlike traditional solutions that require separate chips for each task domain, the fully programmable nGEN ECA supports functionality that typically requires multiple specialized chips, significantly reducing the capital outlay, complexity, and time to market for 4G systems.
"The nGEN ECA is the first truly dynamically reconfigurable solution capable of providing a single platform for applications ranging from 4G mobile handsets to macro-basestations," said John Watson, Founder and Vice President of Marketing at Element CXI. "Until now designers had to choose between power-hungry FPGAs with limited flexibility and DSP-based SOCs with even less flexibility. The nGEN platform not only offers greater flexibility than competing technologies, it also consumes less power and costs a fraction of the price."
Built around the second-generation of Element CXI's massively parallel, multi-threaded ECA architecture, the nGEN platform is designed to handle the order of magnitude increase in computational intensity of 4G applications. The inherent efficiency of the architecture provides accelerated, high-data rate, low latency processing -- at power consumption levels that rival fixed-function ASICs.
The nGEN ECAs are available as a standard product or a licensable core. Element CXI is also offering an nGEN Transmit Processing reference design, which combines digital up conversion (DUC), crest factor reduction (CFR), and digital pre-distortion (DPD) wideband front-end processing functions.
The 2009 4G World runs from September 15 to 18, 2009 at the McCormick Place Convention Center in Chicago. Element CXI is located in the Mobile Innovations Pavilion, a special section of the exhibit floor that showcases new technologies for mobile solutions.
About Element CXI
Headquartered in Milpitas, California, Element CXI, Inc. is the premier developer of fully programmable, reconfigurable processors for compute-intensive applications. The company's revolutionary ECA technology offers system designers a low-power, high-performance, cost-effective solution for next-generation products with unprecedented flexibility and resiliency. Element CXI customers include market-leading OEMs and IDMs in the wireless communications, automotive, consumer electronics, and aerospace industries. ECA solutions are currently available as standard products or licensable cores.
Contact:
Contact:

Media Relations
Element CXI, Inc.
1815 McCandless AvenueMilpitas, CA; 95035
(408) 934-8160
Email Contact

United Tech F-35 engine damaged in test

* Investigation under way to determine cause
* Engine being taken off test line (Adds comment from congressional aide)
By Andrea Shalal-Esa
WASHINGTON, Sept 13 (Reuters) - United Technologies Corp (UTX.N) on Sunday said the forward section of the F135 engine it builds for the Lockheed Martin Corp (LMT.N) F-35 fighter jet was damaged during a qualification test on Friday. Pratt & Whitney, the United Technologies unit doing the work, said an investigation was ongoing and it was working closely with Lockheed and the Pentagon's F-35 program office to find the root cause of the problem and resolve the issue.
Pratt spokeswoman Erin Dick said the issue was not expected to affect the F-35 flight test schedule since those aircraft are powered by the first generation of the F135 engine, which has been fully tested, while the damage occurred to a second generation of the engine that was still being tested.
The company said the engine would be taken off the test line, but the F-35 program office estimated it would take five days to determine root cause and any corrective action.
The incident comes just after the Pentagon launched an independent assessment of projected cost growth in Pratt's F135 engine, and could provide fodder for backers of a multibillion- dollar program to develop an alternate F-35 engine that the Obama administration calls wasteful.
President Barack Obama and Defense Secretary Robert Gates say the Pratt engine is performing well, and the fighter does not need an alternate engine that is being developed by General Electric Co (GE.N) and Britain's Rolls-Royce Group PLC (RR.L).
Pratt said the incident occurred during a qualification test on an F135 engine built for the conventional takeoff and landing version of the fighter to be flown by the Air Force.
It said there was no damage to the turbine section of the engine, which was redesigned after problems two years ago.
SPARKS OUT THE TAIL PIPE
A company program expert said the incident occurred on Friday evening, during the fifth of 11 hours of planned testing of the engine under supersonic conditions, when the engine began producing "sparks out the tail pipe."
He said the damage was mostly to the first and second fan blades, and the engine continued to run and produce thrust.
Pratt had completed about 95 percent of the qualification test when the incident occurred, and the engine had run through 2,455 cycles, an amount equal to eight years of operation, he said, adding, "This engine was pushed very, very hard."
It was not immediately clear if the incident occurred because the engine ingested some foreign object, such as a nut or bolt from testing equipment, or if the damage resulted from some manufacturing defect or a structural issue triggered by the supersonic conditions, said the program expert.

To fix the damaged engine, the company would have to make some "very specific targeted hardware replacements," but not a significant overhaul of the entire engine, the expert said.
Dick said the company wanted to disclose incident as quickly as possible, especially given the ongoing debate over funding for the alternate GE-Rolls engine. "We recognize that this is a heated discussion. We wanted to make sure that we got the right information out as quickly as possible," she said.
Dick said Pratt had had relatively few incidents during the development of the new F135 engine, partly because it was based on the Pratt F119 engine that powers the F-22 fighter jet.
Gates recently said most of the high-risk elements associated with the F-35 had been addressed. He said he continued to oppose funding for the GE-Rolls engine and that engine could face similar problems later in its development.
One congressional aide, who asked not to be named since funding for the second engine is still being debated, said the latest problem with the Pratt engine further underscored the importance of continuing competition for the F-35 engine.
"There is no way you can say that the highest risk is behind us," said the aide, noting that the Pentagon's own testing director had said the F-35 program had significant risk due to the concurrent production and testing of the plane.
Dick said this incident showed that having a single engine did not make the F-35 more susceptible to a fleetwide grounding. The program office had not ordered any hold on flight testing because the engines powering the test aircraft were from an earlier generation, while this incident occurred with a "second-generation" engine, or later model.
"If you have something that impacts one generation, you still have the other previous generations that have been proven," she said, calling the chance of a fleetwide grounding that would affect all generations "almost nill." (Reporting by Andrea Shalal-Esa, editing by Maureen Bavdek and Diane Craft)

Micrel Introduces Family of Sub-100 Femtosecond Jitter Clock Synthesizers and Jitter Attenuators

Micrel Signs Partnership Agreement With Multigig, Inc. to Offer Very High Performance Timing Solutions
SAN JOSE, CA--(Marketwire - 09/13/09) - Micrel Inc., (NASDAQ:MCRL - News), an industry leader in analog, high bandwidth communications, and Ethernet IC solutions, announced today a partnership agreement with Multigig Inc., a fabless semiconductor company providing advanced next generation clock and timing ICs for communication markets. The agreement enables Micrel to augment its growing family of high performance clock solutions, and offer ultra-low jitter Clock Synthesizers and Jitter Attenuators based on Multigig's RotaryWave(TM) technology. These products are well suited for high speed wireline and wireless communication applications with stringent phase noise requirement. The products will be available beginning in the fourth quarter, 2009.
"The addition of Multigig's high performance Clock Synthesizers and Jitter Attenuator products complement Micrel's high-end Precision Edge clock product portfolio very nicely. These products are the highest performance available on the market today, with jitter in the sub-100 femtosecond range, ultra-low power consumption, and excellent Power Supply Rejection Ratio (PSRR)," noted Rami Kanama, director, high bandwidth products, Micrel. "The performance of these key products will have significant benefits for the most stringent communications and networking applications, such as SONET/SDH OC-192 and OC-768, 8G and 16G Fibre Channel, 10GbE, and even upcoming 40G and 100G Ethernet."
"Multigig is delighted to be partnering with Micrel on this product family. Micrel's existing customer base and product lines combined with their excellent reputation for reliability and customer service provide an ideal complement for these leading edge RotaryWave(TM) based products," said Haris Basit, Founder and Chief Strategy Officer of Multigig.
The new line of PLL-based Clock Synthesizer products is designed to take a low frequency crystal input and produce very low jitter high frequency differential or single-ended outputs, with frequency up to 850MHz. It offers a broad range of output types including LVCMOS, LVPECL, LVDS, and HCSL. In addition, each output is independently configurable and enabled. With hundreds of configurations available in both MLF� and TSSOP package options, the lead-free solutions operate at -40C to +85C and are targeted at datacom, telecom networking, storage applications, PCI Express, and broadcast video.
About Micrel, Inc.
Micrel Inc., is a leading global manufacturer of IC solutions for the worldwide analog, Ethernet and high bandwidth markets. The Company's products include advanced mixed-signal, analog and power semiconductors; high performance communication, clock management, Ethernet switch and physical layer transceiver ICs. Company customers include leading manufacturers of enterprise, consumer, industrial, mobile, telecommunications, automotive, and computer products. Corporation headquarters and state-of-the-art wafer fabrication facilities are located in San Jose, CA, with regional sales and support offices and advanced technology design centers situated throughout the Americas, Europe and Asia. In addition, the Company maintains an extensive network of distributors and reps worldwide. Web: http://www.micrel.com.
About Multigig, Inc.
Multigig, Inc., is a fabless semiconductor company providing advanced next generation clock and timing ICs for the wired and wireless communications markets. Multigig's clock synthesizer ICs are the first in the industry to break the 100 femtosecond jitter barrier. The QuietClock family covers the most popular frequencies used by PHY, MAC, SERDES, and memory subsystems used in the communication, telecom, networking, server and storage markets.
Note: MLF is a registered trademark of Amkor Technologies. RotaryWave is a trademark of Multigig, Inc.
Contact:
Contact:

Julieanne DiBene
Micrel
Marketing Communications
1-408-474-1276
Email Contact

FACTBOX-How many lobbyists are there in Washington?

WASHINGTON, Sept 13 (Reuters) - As of June, there were 12,553 federal lobbyists registered in Washington, down from 14,800 at the end of 2008, and well below a record 15,137 in 2007, according to the Center for Responsive Politics, a nonprofit group that tracks such activities.
Experts say the total number of people engaged in non-covered lobbying activities such as grassroots initiatives and advertising may be seven times that high.
Under the Lobbying Disclosure Act of 1995, which was amended in 2007, individuals must register as lobbyists if they make two or more contacts with covered officials and spend more than 20 percent of their time trying to influence legislation. Those reports are due every six months.
Those rules clearly leave a huge gray area for people who are seeking to influence federal policy, said James Thurber, who heads the Center for Congressional and Presidential Studies at American University in Washington.
Current law requires registered lobbyists to file quarterly reports about any contacts with lawmakers or government officials. But lobbyists do not have to report a contact if the meeting was initiated by someone else, not them.
Company chief executives also generally do not register as lobbyists, but often meet with lawmakers and government officials and clearly have a strong interest in affecting federal policy, he said.
The same is true for state and local government officials.
Thurber says the Lobbying Disclosure Act does not capture massive marketing efforts undertaken by special interest groups and corporations, grassroots initiatives, survey research or even the publication of magazines by groups such as the American Association of Retired Persons (AARP).
"It's a much bigger industry than the federal registry of lobbyists shows," said Thurber, who estimates that a much better count of the people engaged in lobbying in Washington would be around 90,000 -- not including support staff.
Industry executives, congressional aides and lobbyists say some companies and special interest groups have terminated the lobbyist status of people on their staffs in the wake of tighter ethics rules imposed by the Obama administration.
But it is difficult to get good data, since congressional offices do not keep a running count of terminations.
Lee Mason, director of nonprofit speech rights at OMBWatch, said his own review of the congressional lobbyist database showed 1,836 terminations in the fourth quarter of 2008, before Obama took office, but when it was already clear he planned to crack down on lobbying, 1,662 terminations in the first quarter of 2009, and 1,207 terminations in the second quarter.
Mason said it was not clear if those data reflected a true count of individuals who had stopped lobbying, and noted that the data also gave no indication about their motivation.
He said the database should be revamped to allow easier tracking of any terminations. "If transparency is the intent of the order, then this search engine ought to be made more functional," he said. (Reporting by Andrea Shalal-Esa; Editing by Diane Craft)

Sunday, September 13, 2009

Brazil holds out for better deal on fighter jets

Brazilian president seeks better deal on fighter-jet bids from Dassault, Saab, Boeing
BRASILIA, Brazil September 13, 2009, (AP) -- Brazilian President Luiz Inacio Lula da Silva said Friday he is holding out on a multibillion-dollar contract for 36 fighter jets in case there are better offers. (Image: F-18 Super Hornet)
Brazil is carrying out technical evaluations on bids to deliver 36 fighters by France's Dassault SA, Sweden's Saab AB and Boeing Co. of Chicago.
Silva said he has the final word on the winner, and negotiations are not over if a bidder wants to offer better terms.
Brazil said the companies have until Sept. 21 to formalize their offers. The air force expects to finish the technical evaluations by November.
Brazil has hinted at close negotiations for Dassault's Rafale fighters.
Saab is offering its Gripen fighter and Boeing Co. is proposing the F-18 Super Hornet.

Raytheon Missiles Head East

Raytheon Co. September 13, 2009, (NYSE: RTN - News) bagged a $77 million contract from the US Air Force for building missiles for Korea and Taiwan. According to terms of the contract, the company will produce AGM-65D and AGM-65G2 infrared-guided Maverick air-to-surface missiles for the two Asian nations. Raytheon will manufacture and provide life-cycle support for more than 250 new missiles. The company began producing the missiles’ infrared guidance and control sections in November 2008.
The company’s AGM-65 Maverick is a class of air-to-ground tactical missile used by US Air Force, Navy, Marine Corps and 33 international customers. Its AGM-65D has a 125-pound warhead with a forward-firing, conical-shaped charge for armor penetrations. Raytheon’s AGM-65G2 employs a 300-pound blast fragmentation/penetrator warhead that was developed for maximum effectiveness against larger, reinforced targets. The company has manufactured more than 69,000 AGM-65 missiles till date.
Raytheon is the one of the largest aerospace and defense companies in the U.S., with a well-diversified line of military products including missiles, radars, sensors, surveillance and reconnaissance equipment, communication and information systems, naval systems, air traffic control systems and technical services. We maintain our market outperform recommendation on the shares.
RAYTHEON CO (RTN): Read the Full Research Report
Zacks Investment Research

American Airlines in talks to invest in JAL: source

TOKYO (Reuters) - American Airlines is in talks to take a stake in Japan Airlines (Tokyo:9205.T - News) and to expand their business partnership, a source with direct knowledge of the matter said.
Reuters - A Japan Airlines aircraft takes off at Haneda international airport in Tokyo September 13, 2009. REUTERS/Toru Hanai ...
The two sides have been talking for weeks about forming closer business ties that may include a revenue-sharing agreement and joint contracts for business clients, pending the enactment of an "open skies" agreement between Japan and the United States.
"I'm not talking about hugs and kisses. I'm talking about economic value to Japan Airlines," the source said, speaking on condition of anonymity because the negotiations are not public and nothing has been decided.
Delta Air Lines (NYSE:DAL - News), the world's biggest carrier, is also in talks to invest in Japan Airlines, which has fallen deep into the red on a slump in revenue and a high cost base and is now restructuring with the help of state-backed loans.
A deal with Delta could cause headaches for American, including a possible defection by JAL to the SkyTeam network.
JAL is currently part of the Oneworld alliance along with American Airlines, British Airways (LSE:BAY.L - News) and others.
"We are ready to be overall competitive with Delta," the source said.
American Airlines is a unit of AMR Corp (NYSE:AMR - News).

JAL considers raising $2.76 bln by end March-Nikkei

TOKYO, Sept 13 (Reuters) - Japan Airlines Corp (9205.T) is considering raising about 250 billion yen ($2.76 billion) by March through measures including new shares issuances and borrowings, the Nikkei business daily reported on Sunday.
Delta Air Lines (DAL.N), the world's largest carrier, is in talks to take a minority stake in JAL in a bid to expand its reach in Asia, a source familiar with the matter said on Friday. [ID:nN11471217]
The newspaper reported, without citing any sources, that Japan's top airliner is also planning to seek capital injection from Delta Air and seek money from domestic trading houses and investment funds.
In addition, the cash-strapped airliner is considering raising cash by selling shares of its subsidiaries, Nikkei said.
Japan's national broadcaster NHK reported on Saturday JAL is seeking a capital injection of about 50 billion yen from Delta, as well as several billion yen from Air France-KLM (AIRF.PA). [ID:nT104517]
Cash-strapped JAL is due to submit a restructuring plan to the government by the end of the month.
JAL secured a 100 billion yen government-backed loan in June and is widely expected to ask for more financial assistance to help it restructure.
JAL posted a 99 billion yen net loss for the April-June quarter and is headed for its second-straight annual loss this business year to March, hit by a downturn in travel and as it struggles to rein in costs. ($1 = 90.69 yen) (Reporting by Chikafumi Hodo; Editing by Sugita Katyal)