While other children are still playing, eight-year-old Harli Jordean is already a successful businessman. The kid managed to start a profitable marble business and due to his busy schedule he had to employ his mother and two older brothers in order to help him. Harli is from London and is running marbleking.co.uk website for two years.

His adventure began after losing his marbles to an older boy. When Harli and his mom went online to order more and saw they couldn’t find them so easily in the UK, the boy decided to start his own website selling marbles. “My friends love that I have my own business. At first some of them didn’t believe me – but they do now. They are some of my best customers. I love marbles and I love having my own marbles company,” Harli said.

Speaking about his plans for the future, Harli told DailyMail that, “My dream is to have a chain of stores like Hamleys – it will be one of the biggest toy stores in the world but selling all sorts of marbles.” His mom also added that, “Sometimes his ideas are so grand we have to scale them back a bit. But his dream is still to own Britain’s biggest marble shop and open stores around the world.”

Surprising changes in the use of the Google Map service were revealed in the last days. According to BBC from 1 January 2012, Google will force users to pay for the Google Maps API service if someone uses it more than the limit of 25,000 hits per day.

Various travel companies used this service to link costumers to the destination they would like to visit. The latest rumors claim that Google will charge no less than $4 per 1,000 views if the hits exceeded the upper limit.In spite of the controversial reactions of people this change “will only affect 0.35% of users” (BBC.co.uk).

The reason behind this restriction is the fact, that Google wants to force people to evaluate their daily usage. Taking action is the best means to protect the system and guarantee the perfect functioning of the service. Thor Mitchell, product manager of the Maps API at Google claimed that, “We understand that the introduction of these limits may be concerning […] “However, with the continued growth in adoption of the Maps API, we need to secure its long-term future by ensuring that even when used by the highest-volume for-profit sites, the service remains viable. “.

DURHAM, N.C., PRNewswire/ — GigaBeam, the global leader in gigabit wireless solutions in the 70/80 GHz spectrum, announced today that it has released a new version of its flagship product, the Gi-CORE.  New specs reflecting material improvements to Gi-CORE are available on GigaBeam’s Web site (www.gigabeam.com).  Since being first to market in 2005, Gi-CORE has consistently outperformed competitors and continues to deliver competitive advantages over all available products.  Distinguishing features of Gi-CORE include: being the only true Layer 1 product on the market with the best link budget available in the 70/80 GHz application, Automatic Transmit Power Control with the widest dynamic range of 0 – 45 dB and fasted slew rate, the lowest latency available at < 4.5us per radio, the most robust modulation scheme, advanced Forward Error Correction. Gi-CORE also has the ability to transport unlimited packet sizes on both IPv4 and IPv6, as well as redundant and independent power supplies.

“We work hard to keep improving our products,” said S. Jay Lawrence, CEO, GigaBeam. “Our distinguishing features prove that we can outperform any competitor. Combining our history, satisfied customers, and the fact that our links have been deployed in the field longer than anybody else, makes GigaBeam the most proficient millimeter wave company in the industry.  We’ve listened to our customers and these improvements to our flagship product reflect their needs.”

HUIZHOU, China, PRNewswire-Asia-FirstCall/ — NIVS IntelliMedia Technology Group, Inc., (“NIVS” or the “Company”) (NYSE: NIV), a consumer electronics company that designs, manufactures and sells intelligent audio and visual products, today announced that the Company jointly with Kuanda (Xiamen) Communications Co., Ltd, has entered into a purchase agreement with China PTAC Communications Services on behalf of China Telecom, for the purchase by China Telecom of the Company’s Android System Smartphone as a limited edition model for sale during the World Expo being held in Shanghai, China between May 1, 2010 and October 31, 2010.

The initial value of the order is approximately $3 million and could increase to as much as $7.5 million, depending on demand for the product. A decision by the buyer regarding a potential increase in the value of the order is expected to be determined sometime in June 2010. The Smartphone is being marketed to China Telecom’s “premium customer” base.

Mr. Tianfu Li, Chairman and CEO of NIVS, commented, “We’re pleased that China Telecom has come back to us again for the purchase of another of our premium mobile phone products and we’re excited to introduce the limited edition model of our Android System Smartphone during the World Expo.”

In addition, further to the news release of April 7, 2010 regarding the update provided by the Company pertaining to the order of NIVS’ 3G mobile phones by China Telecom announced on January 14, 2010, the delay in the final delivery of the aggregate order was as a result of China Telecom’s improvement of their 3G mobile phone application platform and not as a result of any delivery or production issues with the Company. Final delivery of the mobile phones is still anticipated to be completed sometime in May.

Safe Harbor Statement

This release contains certain “forward-looking statements” relating to the business of the Company and its subsidiary companies. These forward looking statements are often identified by the use of forward looking terminology such as “believes, expects” or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties, including, but not limited to the Company’s ability to timely deliver products; the Company’s ability to timely develop and market new products; the Company’s ability to continue to borrow and raise additional capital to fund its operations; the Company’s ability to accurately forecast amounts of supplies needed to meet customer demand; exposure to market risk through sales in international markets; the market acceptance of the Company’s products; exposure to product liability and defect claims; fluctuations in the availability of raw materials and components needed for the Company’s products; protection of the Company’s intellectual property rights; and changes in the laws of the PRC that affect the Company’s operations. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the discussed above and in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume an obligation to update these forward-looking statements.

    For more information, please contact:

    Company Contact:
     Jason Wong
     Vice President Investor Relations
     Tel:   +86-138 299 16919
     Email: jason@nivsgroup.com

    Investor Contact:
     United States & Canada
     BPC Financial Marketing
     John Baldissera
     Tel:   +1-800-368-1217

ASHBURN, Va., PRNewswire/ — Brainware, Inc., the leading provider of intelligent data capture and enterprise search solutions, today announced that the company’s sales results for the First Quarter of 2010 were up by 121% compared with the same period last year.  This announcement comes on the heels of Brainware’s Q4 2009 results, continuing the company’s consistent string of performance improvement.

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In the first quarter of the year, Brainware announced new contracts with leading global companies including: EDM Group to automate processing of 300 million pages per year; a Fortune 1000 manufacturing company for end-to-end A/P automation; and a global manufacturing and distribution company for A/P automation worth over $1.7 million.  Brainware announced implementations of its Distiller platform at the Finance Service Centre Europe of Philip Morris International, Sun Chemical, and CORT Business Services.  Additionally, the company announced the general availability of its industry leading intelligent data capture platform, Brainware Distiller v5.2, as well as the latest release of the company’s enterprise search solution, Globalbrain v5.

“We continue to accelerate the momentum of our business as evidenced by the global companies who are selecting Brainware’s solutions, even when they’ve had to forgo prior investments in other technologies,” said Carl Mergele, chief executive officer for Brainware.  ”These companies are recognizing that our solutions can unlock significant profit that’s otherwise trapped in their operations, and that we can implement our solutions and achieve the productivity improvements that others are simply talking about.  This is not only helping us build our customer base, but is helping us draw top talent from around the industry to build on our foundation and to achieve future success.”

OTTAWA, PRNewswire-FirstCall/ — IBM (NYSE: IBM) and the Telfer School of Management at the University of Ottawa today announced they are collaborating to create an international center of excellence for business analytics at the University’s Telfer School to help prepare students for careers in “economy of tomorrow” industries that are expected to benefit from the billions in provincial and federal government stimulus investments.

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To initiate the new IBM Center for Performance Management, IBM and the Telfer School will invest more than $4.8 million in cash and in-kind time of IBM research and development, software, services, consulting and support staff. IBM will contribute hardware and software, while the Telfer School will establish a new $1 million endowment fund as an institutional contribution to the new Center.

Through the new Center, The Telfer School of Management and IBM will collaborate on new business analytics research, focused on performance management innovation that will help guide curriculum for students as they prepare for work in key industries, including healthcare, green infrastructure, clean energy and utilities, education, transportation and public service.

This joint research will center on two key areas of business analytics – performance management, and business intelligence – capabilities that help organizations better integrate their global operations, sense and respond, predict and then take action for smarter management, better business decisions and improved performance.

As part of the investment, IBM researchers will reside at the University of Ottawa and work side by side with the Telfer School of Management faculty in a collaborative lab environment that will include research initiatives for high performance computing with business analytics as well as other research and academic projects.

IBM’s 2010 Global CFO Study of 1,900 CFOs worldwide attests to the need for organizations to gain better insight across their business. Many respondents indicated that they plan to use sophisticated analytics to uncover correlations among seemingly unrelated pieces of information and find patterns nearly impossible to detect manually.

Industries Need Mainstream Analytics Skills to Improve Business Outcomes

According to IDC, more than 1,200 Exabytes of digital information will be created this year. One Exabyte is the digital equivalent of a trillion novels. Business and governments alike are using the power of analytics to strategically manage the information explosion and make informed decisions to better serve customers and citizens. Examples of these transformation projects include smart grids that lower energy consumption, sensors that help reduce traffic congestion, electronic medical records for personalized healthcare and RFID tags that trace food and medicine for consumer safety.

“Analytics can be applied to every day challenges to vastly improve our lives and provide highly marketable skills to our university students entering the workforce,” said Dr. Greg Richards, Professor of Performance Management, University of Ottawa Telfer School of Management.  ”One of the challenges with research in the field of Performance Management and Analytics is the lack of integration across different disciplines addressing the topic. This new Center will allow us to collaborate across disciplines to drill into integrative processes and methods that dramatically improve organizational productivity. Focusing these research efforts on some of the wicked problems facing our planet will deliver long-term benefits to organizations and to the communities in which they operate.”

The Ottawa Hospital is three years into its journey from a paper-based information-sharing environment to a digital one. The hospital, along with its 12,000 staff and 1,300 physicians, is using IBM business analytics to inform the best patient care decisions. Increasingly, jobs at the hospital require a combination of deep healthcare expertise and analytics skills.

“Business analytics provides an essential foundation for the development of compassionate, patient-centered care,” said Dale Potter, CIO of The Ottawa Hospital. “By providing doctors, nurses and other health professionals the timely, relevant information they need to make the best care decisions, The Ottawa Hospital can become a world leader in quality and patient safety.”

The Telfer School of Management at the University of Ottawa offers undergraduate and graduate programs in English and French across business and health management, information systems, finance, human resources and marketing. The Telfer School is one of only 3 business schools in Canada with all three international accreditations.

The Telfer School has existing courses on Managing Corporate Performance in which students are currently learning methods of integrative analysis using multi-dimensional tools. Beginning September 2010, with the new IBM technology available, students will also learn how to create dashboards that focus on key business performance measures and how to manipulate data using analytic techniques to generate insights that lead to better strategic performance. Overall, the intent is to help students use the power of information by applying modern information technology to quickly identify key performance drivers and apply analytic thinking to make insightful management decisions.

“To innovate, we have to continue to invest in skills that are in-demand by organizations worldwide. Analytics is becoming mainstream as we prepare students for the jobs of tomorrow. These kinds of skills are no longer solely the domain of IT analysts, mathematicians or statisticians,” said Rob Ashe, general manager, business analytics, IBM. “Through collaboration, the University of Ottawa is helping to lead this charge by combining essential business and technical skills for students who will help transform key industries with modern techniques.”

IBM has invested more than $10 billion in the past four years in organic investments as well as 14 strategic acquisitions to build its business analytics capabilities. In the past 12 months, IBM has assembled 4000 analytics consultants with industry expertise and opened seven new analytics centers worldwide where clients can work closely with IBM experts to directly apply analytics in their business. The IBM Academic Initiative offers no charge access to online resources to help over 4,600 universities and community colleges worldwide cultivate more competitive business and IT skills to meet the needs of new and emerging industries.

For more information on IBM Business Analytics, please visit the online press kit or follow IBM and Analytics on Twitter.

SANTA CLARA, Calif., PRNewswire-FirstCall/ — Coherent, Inc. (Nasdaq: COHR) today announced that it plans to report its second quarter fiscal year 2010 results after market close on April 29, 2010.  The Company will host a conference call to discuss its financial results at 1:30 P.M. Pacific (4:30 P.M. Eastern) on April 29, 2010.  A listen-only broadcast of the conference call can be accessed on the Company’s website at either http://www.coherent.com/Investors/ or http://www.earnings.com For those who are not available to listen to the live broadcast, the call will be archived for approximately three months on both web sites.

Founded in 1966, Coherent, Inc. is a world leader in providing photonics based solutions to the commercial and scientific research markets and part of the Russell 2000. Please direct any questions to Leen Simonet, Executive Vice President and Chief Financial Officer at 408-764-4161 begin_of_the_skype_highlighting              408-764-4161      end_of_the_skype_highlighting. For more information about Coherent, visit the Company’s web site at http://www.coherent.com.

LAS VEGAS, PRNewswire-FirstCall/ — Datascension, Inc. (OTC Bulletin Board: DSEN), a leader in global outsourcing solutions, today announced financial results for the Company’s full-year ended December 31, 2009.

For the full-year ended December 31, 2009, the Company recorded a net loss of ($533,171) compared to a net loss of ($6,503,644) in the prior year, an improvement of $5,970,473.  For the full-year ended December 31, 2009, the Company generated $14,814,100 in revenues as compared to $18,056,808 during the full-year ended December 31, 2008, a decrease of $3,242,708 or 18.0%. Cost of goods sold decreased to $12,191,404 from $15,955,766, a reduction of $3,764,362, or approximately 23.6%, from the prior year period.  For the full-year ended December 31, 2009, the Company generated a gross profit of $2,622,696 compared to $2,101,042 from the prior year period, an increase of $521,654 or 24.8%. The decrease in revenue is primarily attributable to the current general economic downturn that has affected its customers resulting in less outsourcing for services provided by the Company; however, the revenue was more profitable for the Company. The increase in gross profit was the direct result of the aggressive action taken by management to slash operating costs along with driving hourly productivity yields on work done for clients.

Total selling, general and administrative expenses decreased by $509,772 to $2,293,543 for the full-year ended December 31, 2009, from $2,803,315 in the prior year period.

The decrease in expenses is related to the reduction in executive staff salaries and benefits along with rigorous cost cutting measures related to all aspects of the Company’s operations.

Interest expense declined by $413,165, or approximately 38.0%, to $674,238 for the full- year ended December 31, 2009, as compared to $1,087,403 for the full-year ended December 31, 2008. The Company was able to reduce its interest expense through a combination of renegotiation of the interest rate on its convertible debt along with the repayment of some other debt obligations.

Basic and diluted loss per share was ($0.02) for the full-year ended December 31, 2009, as compared to basic and diluted loss per share of ($0.22) for the full-year ended December 31, 2008.

For the full-year ended December 31, 2009, the Company increased its working capital position by $352,859 from ($1,369,443) as of December 31, 2008 to ($1,016,584) as of December 31, 2009, as a result of the restructuring of the Company’s convertible debt, including an extension of the maturity date to March 31, 2011.

“For Datascension, 2009 was a defining moment as we made significant progress in our turnaround plan,” said Datascension Chairman and CEO Lou Persico. “I am pleased by the way our team rose to the challenge and executed against the priorities of our turnaround program. We did this work in a difficult economic environment, and our efforts paid off. The Datascension turnaround is not complete by any measure,” Persico said. “While we have taken positive first steps, our goal is to become a consistently and predictably profitable company that generates free cash flow and delivers outstanding quality in our targeted area of market research data collection and offshore outsourcing solutions. We have leveraged our strong brand to expand our global footprint by establishing partnerships in Asia Pacific, Europe and the U.S. in order to satisfy increased demand from our customers for services in these emerging markets,” stated Persico. “With a robust portfolio of services, and a closer proximity to the customer base, we anticipate that these new markets will generate growth for the years ahead.”

“We are well-positioned to win going forward,” said Persico. “We have a strong plan. We are making the right investments. We are executing well. Our record performance in such a tough environment validates the strength of our strategy and the talent of our team. Our focus on gross profit improvement in 2009 delivered approximately 52.6% greater profit yield than we generated in the prior year. We are committed to our strategy of growing globally, driving innovation, developing partnerships and using our scale to deliver value to our customers without compromising quality.”

CLEVELAND, PRNewswire-FirstCall/ — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors increased the company’s regular quarterly cash dividend to 26 cents per share of common stock and declared a dividend payable June 4, 2010 to shareholders of record as of May 20, 2010.   This represents a 4 percent increase over the previous quarterly dividend of 25 cents per common share and is the company’s 240th consecutive quarterly dividend, resulting in a total distribution to shareholders of approximately $42 million.

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“We are encouraged by the Board’s confidence in our ability to consistently generate strong free cash flows while simultaneously maintaining a strong balance sheet,” said Tim Pistell, Executive Vice President – Finance and Administration and Chief Financial Officer. “By focusing on these metrics we have been able to perform successfully through the recent global recession and position the company to emerge even stronger as the recovery unfolds.  Importantly, our performance gives us the financial flexibility to return value to our shareholders in the form of our long standing record of increasing dividends in each of the past 54 fiscal years.”

With annual sales exceeding $10 billion in fiscal year 2009, Parker Hannifin is the world’s leading diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of mobile, industrial and aerospace markets. The company employs approximately 52,000 people in 48 countries around the world. Parker has increased its annual dividends paid to shareholders for 54 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index. For more information, visit the company’s web site at http://www.parker.com, or its investor information site at http://www.phstock.com.

MCLEAN, Va., PRNewswire-FirstCall/ – Global Defense Technology & Systems, Inc. (Nasdaq: GTEC), a provider of mission-critical, technology-based systems, solutions, and services for national security agencies and programs of the U.S. government, announced today that the company has received a  $26.7 million order to provide field feeding systems, also known as Containerized Kitchens (CK), to the U.S. Army Natick Soldier Systems Center in support of the military’s force modernization and mobility efforts. This order is in addition to a $4 million award for field feeding systems received from the U.S. Army in March. Delivery on the most recent order is scheduled to begin later this year.

Designed to improve the quality of life for U.S. forces operating in challenging environments, the field feeding system is a completely self-contained, rugged and transportable commercial grade kitchen with the ability to feed 800 troops three fresh meals per day.  To date, GTEC has delivered over 550 field feeding systems to the U.S. military and the systems are currently deployed in places such as Afghanistan, Iraq, Korea, Germany and as part of the recent humanitarian efforts in Haiti.

John Hillen, President & CEO commented on the latest order, “We are pleased to continue our role designing and fielding highly engineered systems that improve the advantage for U.S. troops deployed overseas. And the $50 million of orders we have received year-to-date reaffirm our commitment as a mission-partner helping the U.S. Army meet the challenges of force sustainment in expeditionary environments.”