Wednesday, February 29, 2012
FED:Swan: Aust economic fundamentals strong
AAP General News (Australia)
08-05-2011
FED:Swan: Aust economic fundamentals strong
The Australian share market fell by around four per cent at the open on Friday, following
similar falls overseas over rising fears of another economic downturn.
Mr Swan said growth in the Asia-Pacific region remained strong, and Australia's financial
institutions were robust.
"We are located in the right part of the world at the right time," he said.
He said economic power was shifting from the west to the east, and that would have
an important bearing on Australia amid times of economic uncertainty.
"We are being impacted upon by events elsewhere in the world and that's been obvious
on local share markets for some time," Mr Swan said.
"The fact is the share market in Australia is not back to levels prior to the global
financial crisis and now we're being hit by another bout of uncertainty."
MORE jlw
KEYWORD: ECONOMY SWAN UPDATE 2 BRISBANE
� 2011 AAP Information Services Pty Limited (AAP) or its Licensors.
arc elasticity
DOUBAN.COM LAUNCHES GROUP BUYING SERVICE
AsiaInfo Services
04-11-2011
Douban.com Launches Group Buying Service
BEIJING, Apr 11, 2011 (SinoCast Daily Business Beat via COMTEX) -- After Shanghai Shanda Interactive Entertainment Ltd. (Nasdaq: SNDA) launched group buying navigation Web site Tuan.sdo.com, domestic Web 2.0 Web site Douban.com also begins to provide group buying service. Similar to Tuan.sdo.com, its group buying information all comes from third parties.
A former top executive of a logistic consultation company founded Douban.com in March 2005, which is engaged in providing comments of books, movies and music by Internet users.
The group buying service provided by Douban.com focuses on catering, hairdressing, entertainment and shopping service from other group buying Web sites such as Manzuo.com, Haotehui.com, Jumei.com and Tuan.aibang.com. Currently, the service is only available in Beijing, Shanghai and Guangzhou.
The promotion of group buying service by Douban.com has become heatedly discussed on the Internet. An analyst points out that the Web site is wise to foray into the group buying market in a roundabout way, since providing group buying service directly by itself will have high costs.
Source: www.qq.com (April 11, 2011)
KEYWORD: BEIJING INDUSTRY KEYWORD: Internet & Online Services & Media SUBJECT CODE: Internet & Online Services
E-commerce
SinoCast China Business Daily news
group buying
Web site
Web 2.0
Internet
navigation
Copyright 2011 AsiaInfo Services (via Comtex). All rights reserved
FED:Gov't released NBN business plan =2
AAP General News (Australia)
12-20-2010
FED:Gov't released NBN business plan =2
The NBN will deliver fibre to the home for 93 per cent of the nation with the remaining
seven per cent of premises to be covered by either wireless or satellite.
Specific targets for the rollout of the yet-to-be-built network were also included
in the business plan which was released alongside the corporate watchdog's advice to government.
All of these predictions and plans remain dependent on what NBN chief Mike Quigley
described as the "consummation" of the deal between NBN Co and Telstra.
Mr Quigley told reporters discussions with the nation's largest telecommunications
provider would continue throughout the Christmas break.
"I spoke with (Telstra boss) David Thodey this morning," Mr Quigley said.
MORE pv/sb/jlw
KEYWORD: NBN 2 CANBERRA
� 2010 AAP Information Services Pty Limited (AAP) or its Licensors.
FED:McKibbin wrong on stimulus: Bowen
08-12-2010
FED:McKibbin wrong on stimulus: Bowen
CANBERRA, Aug 12 AAP - Federal Labor has rejected Reserve Bank director Warwick McKibbin's
claim that the government did not save 200,000 jobs through its stimulus spending at the
height of the global financial crisis.
Mr McKibbin says the role of fiscal policy was relatively small in supporting the Australian
economy.
"That doesn't mean it wasn't important, but it could not have been responsible for
creating 200,000 jobs," Mr McKibbin told The Australian.
Labor campaign spokesman Chris Bowen says the Reserve Bank director is wrong.
"The Treasury analysis is clear - the stimulus saved 200,000 jobs and that's a conservative
estimate," Mr Bowen told ABC Radio on Thursday.
"Mr McKibbin is ignoring the modelling and the work of the Treasury."
Mr Bowen said Mr McKibbin was also at odds with the Nobel laureate Joseph Stiglitz
"who pointed out that our stimulus was particularly effective and one of the better designed
in the world".
Prof Stiglitz, a former World Bank chief economist and adviser to the US government,
has said Labor did a "fantastic job" of saving Australia from the global downturn.
MORE jcd/rl/was
KEYWORD: POLL10 ECONOMY
� 2010 AAP Information Services Pty Limited (AAP) or its Licensors.
Fed: Another Qantas flight grounded mechanical mishap
AAP General News (Australia)
04-03-2010
Fed: Another Qantas flight grounded mechanical mishap
Another Qantas aircraft has run into trouble .. and will be forced to attempt a second
takeoff from Brisbane Airport today.
QF15 was scheduled to leave for Los Angeles yesterday .. when an issue was discovered
with the wiring in one of the 747's engines.
The airline says the problem was fixed by the afternoon but the aircraft was forced
to stay put overnight .. because the crew members' shift was due to end.
The 386 passengers were sent home in taxis or put up in hotels .. with the flight now
due to depart at 10.30am (AEST).
AAP RTV bzs/wf
KEYWORD: QANTAS (BRISBANE)
2010 AAP Information Services Pty Limited (AAP) or its Licensors.
Vic: Killer driver fled Australia on false passport: police
AAP General News (Australia)
08-20-2009
Vic: Killer driver fled Australia on false passport: police
By Daniel Fogarty
MELBOURNE, Aug 20 AAP - A drunk learner driver who killed a pedestrian in a high speed
crash fled to India on a false passport hours after reporting for bail, police claim.
Puneet Puneet (Puneet Puneet) had a blood alcohol reading of 0.165 when he crashed
his car into Gold Coast student Dean Hofstee, 19, in central Melbourne last October.
He was to face the Victorian County Court on Thursday after pleading guilty to culpable
driving, despite blaming the crash on a cat.
But Puneet, 19, failed to front court and Judge Lisa Hannan issued a warrant for his arrest.
Police believe Puneet left Australia on the passport of fellow Indian student Sukhcharanjit
(Sukhcharanjit) Singh, on a 3.50pm flight to New Delhi on June 12, three hours after reporting
for bail.
Shortly after Puneet, of Newport, was due to front court on Thursday, police arrested
and charged Singh with providing his passport to Puneet.
In court documents, police allege Singh, 20, provided Puneet with his Indian passport
knowing Puneet could use it to travel.
Singh, 20, of Reservoir, appeared briefly in the Melbourne Magistrates Court and made
no application for bail.
He was remanded in custody to appear in the same court for committal mention on November 12.
Mr Hofstee's family had travelled to Victoria from Queensland for Puneet's hearing
hoping for some closure.
Outside court, Mr Hofstee's brother Quinton and father Peter said they would continue
to pursue justice.
"I think Dean would like justice," Quinton Hofstee told reporters.
"If it was him in that position he would have stood up and taken responsibility for his actions."
Peter Hofstee said it was his belief that Puneet had fled to India.
"He is in India. I think he is in India," he said.
"I would certainly hope the Australian and Indian authorities co-operate to bring him back."
Police said at a previous court hearing that Puneet, a Victorian Institute of Culinary
Arts and Technology cookery student, recorded a 0.165 blood-alcohol reading after the
crash.
He was estimated to be travelling at almost 150km/h when he lost control of his vehicle
in the 60km/h zone on City Road at Southbank.
Mr Hofstee and a second student, Clancy Coker, 20, who was seriously injured in the
crash, were in Melbourne for the Australian Universities Games.
In an interview with News Limited papers a few days after the crash, Puneet blamed
a cat for the crash.
"My eyes were sore and they were closed and when they opened a cat came onto the road
and I lost control," Puneet said.
In the interview, he admitted to drinking four scotch and Cokes, but denied he was
travelling at 150km/h.
AAP df/pmu/ash/cdh
KEYWORD: PUNEET WRAP
2009 AAP Information Services Pty Limited (AAP) or its Licensors.
NSW: Five injured in car accident in Hunter Valley
AAP General News (Australia)
04-11-2009
NSW: Five injured in car accident in Hunter Valley
Ambulance officers in New South Wales say a baby's in a critical condition while four
other people have been seriously injured in a car accident in the Hunter Valley.
They say a car was travelling at high speed .. when it careered off the road and into a ditch.
A 12-month-old baby has been airlifted to John Hunter Hospital.
The 28-year-old male driver .. a 28-year-old female passenger .. and two girls aged
five and three have also been injured.
They've been taken by road to the same hospital.
AAP RTV bc/tm
KEYWORD: TOLL NSW (SYDNEY)
2009 AAP Information Services Pty Limited (AAP) or its Licensors.
Vic: Fed govt provides $1.8 boost for pyrotechnics company
AAP General News (Australia)
12-07-2008
Vic: Fed govt provides $1.8 boost for pyrotechnics company
The federal government's awarded 1.8 million dollars to a Victorian pyrotechnics company
to boost jobs and the local economy.
Chemring Australia's grant .. from the Geelong Investment and innovation Fund .. will
create 40 full-time jobs and inject 18 million dollars into the local economy.
Prime Minister KEVIN RUDD's announced the funding boost during a tour of the facility
at Lara near Geelong.
Chemring makes civilian and military pyrotechnics .. marine distress and safety products.
AAP RTV cmb/gfr/jmt
KEYWORD: CHEMRING (GEELONG)
2008 AAP Information Services Pty Limited (AAP) or its Licensors.
Vic: Man crushed to death in hay fall
AAP General News (Australia)
08-03-2008
Vic: Man crushed to death in hay fall
A man is dead after being crushed under a large hay bale .. weighing several hundred kilograms.
Police say the man was aged about 40.
They say a large circular bale fell on to the cabin of a front-end loader he was using
to lift it on his property at Portland West this afternoon.
The man was found by a neighbour.
AAP RTV jrd/wz
KEYWORD: BALE (MELBOURNE)
2008 AAP Information Services Pty Limited (AAP) or its Licensors.
Carpool connects students through existing social network
University Wire
01-09-2008
(The Poly Post) (UWIRE) POMONA, Calif. -- A company dedicated to making rideshares easy takes a step forward in connecting Facebook users through a new application called Carpool.
Although barely introduced during the summer, over 10,000 rides were posted within four months, according to a press release from the application creator, Zimride.
"[Carpooling] is the smart thing to do for everybody," said Donna Pearson, administrative support assistant for rideshare at Cal Poly Pomona. "We have to reduce dependency on foreign oil and the fastest way is to share the ride."
The new Facebook application makes it convenient for students to find a carpool buddy. It allows users to carpool on a one-way trip, an everyday drive, or even a ride to a social event. With the utilization of Google maps, Carpool finds students traveling on the same path.
"Facebook is more visually appealing," said Pearson, as she viewed the Carpool application Web page. "We [Cal Poly] might have to add that feature [to our Web page]."
Students interested in carpooling must add the application to their Facebook account.Following this, users are able to search and request rides from others. However, if someone doesn't have the application, they are still able to find a lift. When a user posts a ride on Carpool, it appears on the Facebook news feed and is viewable in that user's network.
Some students are skeptical of hitching rides with strangers.
"It's a good idea that will never work," said Christopher Peers, fourth-year business student.
Logan Green, the creator of the carpool application and a former student at UC Santa Barbara, had trouble finding rides to Los Angeles, where his girlfriend resided.
He used the carpool application on Craigslist.org, but felt uneasy about the rides because he took rides from complete strangers.
This is where Facebook came into play. Facebook began allowing other developers to create applications, so a group of students united to make carpooling more successful. Some students were concerned about environmental factors, while others consider the expenses of transportation.
"Our mission is to reduce the barriers to a mainstream ride-sharing culture, so everyone can find ride-sharing partners in an easy and safe way," said the Facebook's Carpool application Web site.
Therefore, with the help of Zimride.com and GoLoco.org, Facebook's carpool application has become a success. Carpool creators believe this is a safe route to take because one is able to see another's profile before carpooling with them.People also have the option to accept or decline the ride, or users also have the option to take rides exclusively from people at their school.
"[The Facebook application is] great but you have got to be cautious about what you're doing on the Internet and who you're interacting with," said David Flores, rideshare coordinator for Cal Poly. "It's a form of hitchhiking on the Internet."
Flores and Pearson recommend Cal Poly students to use the school's match list for finding a rideshare partner.They are also willing to assist students in planning trips using alternative transportation, such as the Metrolink, carpool, or vanpool.
"My Web site is for Cal Poly students only," said Pearson."I feel good about that."
If students choose to use Facebook's Carpool application, Flores recommends they get additional information about their carpooling partner through e-mail, and they should also meet in a mutual place.
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(C) 2008 The Poly Post via UWIRE
Qld: ACCC hears independent fuel retailers struggling to survive
AAP General News (Australia)
08-22-2007
Qld: ACCC hears independent fuel retailers struggling to survive
By Gabrielle Dunlevy
BRISBANE, Aug 22 AAP - Independent fuel retailers battling the big chains have appealed
to the Australian Competition and Consumer Commission (ACCC) for a lifeline.
The ACCC inquiry into unleaded fuel prices today heard from Queensland independent
chains Neumann Petroleum and Matilda Fuels at a public hearing in Brisbane.
Neumann Petroleum general manager Charles Wright told the inquiry, headed by ACCC chairman
Graeme Samuel, that his outlets were forced to set prices close to cost for weeks, in
order to compete with nearby Caltex/Woolworths outlets.
"We are getting down to very, very thin margins, close to break-even or in some cases,
negative," he said.
"We try and stop at our cost (price) but some of the charts I have seen though, I think,
show negative."
Mr Wright said Caltex/Woolworths outlets sometimes sold petrol close to cost price
for weeks or months, particularly when the outlet, or a new supermarket, had just opened.
At the supply end, Mr Wright said he had little choice but to sign a long-term contract
with oil giant BP, because the cost of importing was prohibitive.
Also forcing independents to deal with major companies was lack of access to shipping
infrastructure, he said.
While Neumann has its own terminal, it is relatively small.
Mr Wright said Neumann would soon focus on its convenience store business, in an attempt
to gain an advantage.
It offers a four cents a litre discount on presentation of a Coles or Woolworths discount
voucher, but without the backing of the chains, it must pay for the scheme.
Mr Wright said the future for independents was uncertain.
"(Neumann) are surviving because we were forced into producing a four cent offer," he said.
"Where the others have got a similar offer I think they are surviving, but in terms
of their general health, it's difficult to say."
The inquiry also heard from independent fuel price monitors FUELtrac.
General manager Geoff Trotter told reporters the ACCC should dismantle the Coles/Shell
and Woolworths/Caltex deals, and make their imported fuel supplies "contestable".
He said this would allow independents cost effective access to imported fuel, and attract
international investment in import infrastructure.
Mr Trotter said banning discount schemes would also force supermarkets to concentrate
on selling petrol at a competitive price, rather than selling petrol subsidised by grocery
sales.
"The petrol market would be better off, and the grocery market would be better off," he said.
"We had petrol price cycles regardless of Coles and Woolworths being in the market
(but) it does appear that with their entry, they have been able to achieve a higher price
at the top of the cycle which has meant that the average price has probably gone up a
couple of cents a litre."
The inquiry is due to report back to federal Treasury on its findings in mid-October.
AAP gd/pjo/cjh/cdh
KEYWORD: PETROL INQUIRY
2007 AAP Information Services Pty Limited (AAP) or its Licensors.
Fed: Sex therapist tipped for sex-discrimination post
AAP General News (Australia)
04-07-2007
Fed: Sex therapist tipped for sex-discrimination post
SYDNEY, April 7 AAP - Sex therapist Bettina Arndt has been tipped as the favourite
to replace newly-elected NSW MP Pru Goward as federal sex-discrimination commissioner.
Ms Arndt, 58, is said to be Prime Minister John Howard's favoured candidate for the
position, with Mr Howard poised to hand-pick the next commissioner, Fairfax reports.
Ms Arndt, a clinical psychologist and social commentator, edited the controversial
Australian Forum magazine for four years.
AAP krc/jt
KEYWORD: ARNDT
2007 AAP Information Services Pty Limited (AAP) or its Licensors.
Briefs Australia
AAP General News (Australia)
12-06-2006
Briefs Australia
Briefly in other news this hour:
A major bushfire in central New South Wales has narrowly missed one of Australia's
most important koala colonies.
++
Australia's combined motoring clubs have named Toyota's new locally-built Aurion V6
the nation's best large car.
++
And .. six jolly Santas have rolled up their sleeves in Sydney to give blood as part
of the annual Red Cross Christmas blood appeal.
++
AAP RTV /rt/bart
KEYWORD: BRIEFS AUSTRALIA (SYDNEY)
2006 AAP Information Services Pty Limited (AAP) or its Licensors.
Internet Helps Analog Photography Hold On
AP Online
05-10-2006
Dateline: NEW YORK
Rowland Mowrey continues to work with traditional cameras and darkroom materials at his home in Rochester, N.Y., Friday, May 5, 2006. When Eastman Kodak Co., eviscerated by digital photography, last year stopped making black-and-white photo paper, a few photographers dreaded the loss of Azo, a paper with unusual characteristics. But through a Web site, the few Azo adherents left pulled together to finance production of an Azo-like paper at an old photographic plant in Europe. (AP Photo/Kevin Rivoli)
With its market eviscerated by digital photography, Eastman Kodak Co. last year stopped making black-and-white photo paper.
It was a loss most photographers could live with, except for a few who dreaded the loss of Azo, a paper with unusual characteristics that Kodak had made continuously since 1898. Other papers "just are not as beautiful," said Michael A. Smith, a photographer who prints all of his work on Azo.
In another world, the few Azo adherents that were left might never have found each other. But through their Web site, Smith and his wife Paula Chamlee, also a photographer, pulled together almost a quarter of a million dollars from photographers and customers to finance production of an Azo-like paper at an old photographic plant in Europe.
"The place we're having it done has one old guy who supposedly made it for Kodak in the 50s, and we were told that if he wasn't there, it just couldn't be done," Smith said.
The resurrection of Azo is just one example of how the Internet is helping an old craft hang on despite the march of technology. By facilitating the exchange of information, equipment and plain old-fashioned encouragement, Web sites and mailing lists has given analog photography a second lease on life.
"The Internet certainly has enabled us to reach the community of people who use these products. Without it, it would be impossible," Smith said.
One online haven for photographers who use silver-based materials is APUG.org, home of the Analog Photography Users Group. Discussions of digital cameras and inkjet printers are forbidden from the site, except for a few circumstances where they're an adjunct to traditional processes.
Started in 2002, APUG has more than 12,000 members. Its founder, New Zealand-based Sean Ross, left an IBM Corp. job a few months ago to devote himself full-time to the site.
"I have no doubt that much more film, paper, and chemistry are sold today because of our community," Ross said via e-mail.
A beneficiary of that trend is JandC Photo, a small company in Kansas City that specializes in importing photo products from Eastern Europe and film for old-fashioned cameras.
"There was a pent-up demand for film _ especially black-and-white film _ in formats that were previously unavailable," said JandC's John Minakais.
For example, the company reintroduced film for the classic Kodak Brownie box cameras. Kodak hasn't made film for them in more than a decade.
Such film wouldn't be worth the shelf space in a brick-and-mortar store, because in any given area, there are only a few users. But JandC's Web site reaches a worldwide customer base, Minakais said.
In his Manhattan apartment, language professor and fervent APUGer David Goldfarb shows off his eBay finds, including a boxy 12-pound Graflex camera the size of a desktop computer, made in 1926 for photojournalists. Built for speed, it can take about one picture every 20 seconds (compared to eight pictures per second for today's press photographers' digital cameras.)
"I've taken it to Central Park to take pictures of friends' kids," he said.
Before the Internet, he probably wouldn't have thought of getting the camera, he said. Then, finding information on old cameras involved writing to manufacturers and getting old catalogs from them. Now, he can just ask aficionados eager to share their knowledge on the Web.
Goldfarb bought the Graflex a few years ago for about $750. He said it's now worth a lot more _ perhaps $1,200 _ as people's eyes have opened to the cameras via Web forums.
Another find: a huge but modern camera that cost about $13,000 new, bought on eBay for $850. Through the Web, Goldfarb hired a machinist to produce an adapter so he could attach to the camera a lens from the very earliest days of photography, 150 years ago.
One online fount of information is Rowland Mowrey, a retired Kodak researcher in Rochester, N.Y. He spends 2 to 4 hours a day online on photo sites and e-mail, sharing knowledge gathered during 32 years in the photo industry.
The discourse isn't always to his liking. The Internet has spread a lot of myths in photographic circles and "created more acrimony than I've ever seen in groups face to face," Mowrey said.
He has sometimes seen others give advice about mixing photo chemicals without mentioning potential health hazards. "And then when I try to say something, all hell breaks loose," Mowrey complained.
But Mowrey has connected with valuable collaborators online. One sent him about 250 rolls worth of film without the coating that makes it light-sensitive. Apart from coming up with new chemical formulas, Mowrey is now planning to lead workshops that teach participants how to coat their own film and paper.
"None of that would have happened if it weren't for the Internet," Mowrey said.
However, Mowrey has no illusions about halting the decline of film-based photography, which he devoted most of his professional life to. The Internet may be one of the best things that ever happened to traditional photography, but it still may only amount to an additional bailing bucket on a sinking ship.
"The investment to restart any photographic (production) line is so enormous it boggles the mind," Mowrey said.
Homemade film will only go so far, especially in terms of light sensitivity _ Mowrey's film won't be very light sensitive compared to commercial products. Manufacturers have kept some parts of the process secret, and may take those secrets with them when they leave the film business.
"Even though the Internet is there, there is a certain level we can't go beyond," he said.
__
On the Net:
http://www.apug.org
http://www.jandcphoto.com
Copyright 2006, AP News All Rights Reserved
Qld: Foreign doctors move could backfire, says Oppn
AAP General News (Australia)
02-01-2006
Qld: Foreign doctors move could backfire, says Oppn
The Queensland opposition says a decision to ease checks on overseas doctors in the
state could lead to another Dr Death scandal.
The Medical Board of Queensland's announced it will allow overseas-trained graduates
to work in the state for up to six weeks before their medical degrees are verified.
The temporary measure is to help ease the state's doctor shortage and expires in April.
Foreign doctors came under the spotlight last year following the alleged malpractice
of Indian-trained surgeon JAYANT PATEL .. who was dubbed Dr Death .. after being linked
to 80 deaths.
AAP RTV nt/sc/wz/bart
KEYWORD: DOCTORS (BRISBANE)
2006 AAP Information Services Pty Limited (AAP) or its Licensors.
Monday, February 27, 2012
Fed: Six missing Australians of concern after quake: Downer
AAP General News (Australia)
12-27-2004
Fed: Six missing Australians of concern after quake: Downer
ADELAIDE, Dec 27 AAP - The Australian government held concerns for six Australians
who remain unaccounted for after the devastating earthquake and tsunamis in southern Asia,
Foreign Minister Alexander Downer said today.
Mr Downer said the six Australians included three in Phuket, two in Indonesia and one
in Sri Lanka.
But he said that number was likely to change during the day as further reports of missing
people were received, or some of those missing were found.
"At this stage we understand around half a dozen, six Australians are of concern, but
these numbers are likely to change around hour by hour as we get information," Mr Downer
said.
Mr Downer said the emergency consulate hotline had received more than 18,000 calls
regarding more than 4,000 Australians in the affected areas.
"We've never had the volume of calls we've had this time," Mr Downer said.
"For example, with the Bali bombings there were many fewer calls than we've got this time.
"We've had to call in Centrelink to help with the work because there's been such an
enormous number of calls."
Mr Downer said Australia would provide $10 million in financial aid, probably through
the Red Cross and United Nations.
"We do want to make a very strong contribution, we'll do everything we can to assist
with the relief and we're a country which has some resources to be able to do that," he
said.
Emergency supplies, such as bottled water, tarpaulins and blankets were also to be
delivered by the Royal Australian Air Force, he said.
"First of all we have to establish where our contribution would be of greatest use,
so we're giving consideration to that, there are still discussions under way in Canberra,"
Mr Downer said.
Consular officials were travelling to Bangkok and Colombo to reinforce existing Australian
embassies.
A consular officer from Colombo was flying to the Maldives, where there is no Australian embassy.
MORE scl/apm
KEYWORD: QUAKE ASIA DOWNER LEAD
2004 AAP Information Services Pty Limited (AAP) or its Licensors.
Master of trends
Businesses struggling with the downturn in the economy often need new ways to market their products and services. And a Naperville resident and business owner stands ready to help. Meet Pat Price.
Price, 54, is the owner and CEO of The Price Group and knows that small businesses need fast results.
"One of the advantages of working with smaller companies is that it doesn't take long to find out if your marketing strategies or ideas are effective," she said. "Either the phone starts ringing or you're hearing from clients through the Internet clicks or you're not."
Born and raised in upstate New York, Price earned a master's degree in electrical engineering from the University of Southern California, followed by an MBA from Northwestern University. She went on to join AT&T Bell Laboratories in 1978, and stayed with the company and its various monikers until early retirement from Lucent in 2001. She launched the Price Group in 2002, and it has become her "retirement" job.
"Having worked with large multinationals, my passion shifted to working with smaller businesses, and these companies become part of the family," she said. "The Price Group is based on a unique business model that uses subcontracted businesses."
The company's slogan says it all: smart marketing for small business.
"Through negotiated price points, we are able to pull together teams of freelancers on a project-by-project basis, as needed," she said. "I'm able to keep costs down, and therefore, offer an affordable option for small businesses."
Price said the economic slump has actually proven to be a boon for her business, because more of the smaller companies have discovered an increased need in marketing.
One of her clients, Bob Nyman, vice president of Darien-based Multi-Printing Solutions, said Price "has steered the company in a more contemporary direction."
"I really admire Pat, and she has exposed us to the social media sites in terms of marketing our paper products and together with her subcontractors, she has really brought us up to speed on things like that," Nyman said. "She really has a lot of good ideas and has an incredibly positive attitude. No matter how bad things may get in business, she never finds bad things contagious."
Price said her business offers virtually any service "from soup to nuts" in terms of marketing services, which include Web or graphic design, online Internet options or regular print material.
The future of the company, she says, will be driven by working to remain as current as possible with the latest technologies and trends. Today's marketplace requires that all involved "continue to reinvent themselves."
"We have to continue to evaluate the social media and monitor platforms as well as current trends," she said. "The market, at times, changes that fast, and by having a small company and a cluster of 10 subcontractors I use regularly, we can move fast as well."
Price and her husband, Don, have two adult children, including a daughter Angie, who lives in Atlanta, and a son Dan who still lives in Naperville. Like many who live and work here, Price finds her home "a wonderful place to live" and says that having her business in Naperville "adds credibility."
"I've lived here since 1978, and this is home," Price said. "My friends and family are here. There's a great business base in the area and just having Naperville as a part of my mailing address adds to my business."
Send recommendations for From the CEO to Dave Sharos at dsharos@yahoo.com. Make sure to send their name, phone number and email address.
Price
Raytel Medical Announces Amended Line of Credit.
Business Editors/Medical Writers
SAN MATEO, Calif.--(BUSINESS WIRE)--Jan. 3, 2001
Raytel Medical Corporation (Nasdaq:RTEL) today announced that it has amended its existing line of credit with Fleet National Bank and BNP Paribas. The amended credit line is for $20 million and can be used to finance acquisitions, and for working capital and general corporate purposes. The line of credit has been extended to October 1, 2001, at which time it will be due and payable. Raytel's access to the line of credit is subject to the maintenance of certain financial covenants related to the company's level of indebtedness and cash flow and other non-financial covenants. Also, as part of the amendment, the banks granted the Company a waiver for the event of default existing at June 30, 2000, and September 30, 2000, under the then current line of credit.
About Raytel
Raytel (www.raytel.com), headquartered in San Mateo, Calif., is a leading provider of services and efficient dissemination of technical information to physicians and patients. These services include remote cardiac monitoring and testing services utilizing telephone technology and the delivery of diagnostic information over secure Internet links, as well as ambulatory diagnostic imaging facilities for both general as well as cardiac imaging.
Annually, Raytel provides cardiac testing and pacemaker monitoring services to over 250,000 patients who are referred by approximately 12,000 physicians. Using the Patient Management Database, all of these physicians will have the ability to access their patient test results and also make use of other services being offered at the site. Raytel has a database of more than 500 different pacemaker models, which it relies upon in the preparation of this information. Raytel's imaging operations include MRI, CT and other radiological exams provided in convenient, state-of-the-art facilities. The imaging operations also include a network with over 550 multi-modality diagnostic imaging facilities located throughout the East Coast. The network provides services to over 600,000 beneficiaries participating in occupational injury and management programs and group health plans.
Except for the historical information contained herein, the matters discussed in this news release are forward looking statements that involve risks and uncertainties. Factors which may affect the Company's results are detailed in the Company's SEC reports, including the Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
Dotcomguy Videochats Live Over the Internet With Visitors to His Site Using CU-SeeMe Web Technology.
Business Editors/High Tech Writers
Spring Internet World 2000
NASHUA, N.H.--(BUSINESS WIRE)--April 7, 2000
White Pine Software Brings Premier Internet Celebrity to the
Spring Internet World Trade Show Via a 3-Day Event
in which the Public Can Participate
White Pine Software, Inc. (NASDAQ: WPNE), a leading provider of multimedia conferencing applications for the Internet and intranets, today announced that DotComGuy is using the company's CU-SeeMe Web technology this week to interact live over the Internet with visitors to his site.
DotComGuy has implemented technology from White Pine's Videochat Your Site package to enable him to see, hear and chat with other users live over the Internet for the three days of the show. Users from around the world can visit DotComGuy's site, http://www.dotcomguy.com , through Friday, April 7th to interact with him live.
White Pine is hosting the MeetingPoint conference server that provides the backend technology for Internet videochat and other group videoconferencing applications. The company is demonstrating DotComGuy's implementation of videochat as one of several live demonstrations at the Internet World trade show in Los Angeles. Each of the demos features CU-SeeMe Web technology powering a different application scenario such as visual instant messaging, face-to-face ecommerce and web-based Internet videochat.
"The DotComGuy site is an ideal showcase for the value of Internet videochat," said Roger Wallman, senior product manager for White Pine. "Like many other Internet sites, his goal is to attract visitors and keep them on his site longer. By taking advantage of the interactive qualities of CU-SeeMe Web, he can get face-to-face with the visitors and fans on his site - which not only builds loyalty among his visitors, but also increases the value of his sponsorships."
TheDotComGuy videochat event is also featured on CU-SeeMeWorld, White Pine's showcase web site at http://www.cuseemeworld.com .
About White Pine Software
White Pine Software develops, markets and supports multi-platform browser-based internetworking software that facilitates worldwide video and audio communication and data collaboration across the Internet, intranets, extranets and other networks that use the Internet Protocol. White Pine's videoconferencing software products, CU-SeeMe and MeetingPoint, create a client-server solution that allows users to participate in real-time, multi-point video, audio and data conferences over the Internet and intranets. White Pine Software can be found on the World Wide Web at http://www.wpine.com. All trademarks are recognized.



















