Monday, February 8, 2010

Accuray 2Q Results: Planting Seeds for Future Growth?

Accuray (ARAY) announced financial results for the 2Q of fiscal year 2010 on February 4 .

A few highlights:

  • total revenue were $57.3 million, with a net loss of ($1.2) million, or ($0.02) per share – both numbers were slightly worse compared to the same period of last year (revenue of $57.6 million, with a net income of $1.4 million, or $0.02 per diluted share);
  • excluding revenue recognized for systems sold under the previously used Platinum plan/accounting system, the company achieved $32.3 million of product revenue, compared to $35.8 million last year (we remind you that revenues related to Platinum plan will decrease and go to zero after 2011);
  • basically, Accuray beat analysts expectations as far as revenues, but missed the Street's expectation ($0.01) for EPS;
  • 11 new CyberKnife Systems were installed (8 in the USA and 3 internationally), including the replacement of an early model, bringing the worldwide CyberKnife installation base to 190 units -124 in the Americas, 42 in Asia and 24 in Europe;
  • 18 orders for CyberKnife® Robotic Radiosurgery Systems (with a value of $84.9 million) were added to the company's backlog (8 in the USA, 10 internationally, with 2 of the international orders coming from Japan);
  • even more important, “There were no cancellations in the second quarter of fiscal year 2010 of orders previously reported as part of backlog” - as the company wrote in its 10Q filing (more about this comment later);
  • guidance for fiscal 2010 was narrowed, with the mid point increasing from $222.5 million to $225 million (basically raising the bottom end of $5 million, to $220 million).

The stock action after earnings was positive, with the price rebounding almost 15% on Friday. With a positive cash position of about $150 million, and no debt, even after this move, the business is valued at one time yearly revenues.

Let's first get rid of the most boring problem with Accuray – the revenue recognition system associated with sales previously done under the so called Platinum Plan. The company will keep recognizing some deferred revenues, linked to these old contracts written before 2005, over the next two quarters and in the first part of 2011.

For this reason, it may become harder for investors to track the real underlining performance of the company.

Accuray I/R is helping us with a visual presentation of this problem (click on the chart to enlarge):

As we may notice, excluding the Platinum legacy revenue, the company's new guidance for 2010 would actually mean an organic growth of 11% to 17% .

We do over-simplify the problem (although this approach does not take service revenues into consideration, which are a very positive growth driver going forward), and we prefer to track and compare actual CK system installation to get a feeling of the market acceptance of Accuray's value proposition - and we are basically stable so far:

It's worth remembering that 2009 was the best year for Cks installations.

Margins are decreasing, compared to a year ago, although it plays an important part in this result the new product mix - with services, that do represent a lower margin sale, but at the same time a very interesting recurring revenue stream, getting a larger share of both revenue and backlog. (Gross profit were 45.3% in the 2Q 2010 and 51.0 % in the 2Q 2009).

During the conference call, the company said that they do expect margins to remain in the mid forty range going forward.

For the first time, Accuray replaced an existing Ck system with a new one. The CyberKnife is a relatively new technology, and this might become an additional revenue stream for the future: as a small reminder, there are 28 systems that were installed before 2005. For those who might be interested in knowing more about the history of the product, the first patient was treated in 1994 at Stanford, however very few systems were installed before 2002.

As a side story related to the origin of the company, and one of its founders, Dr. Adler, we also learned from the recently filed 10Q that Dr Adler terminated his cooperation with Accuray, something that may not come as a surprise if you read what happened during the last shareholders meeting, as reported by Matthew Rafat.

In April 2009, the company entered into a new consulting agreement with Dr. Adler, which terminated the prior consulting agreement discussed above.

This agreement has a term of one year; however, the company has received notice from Dr. Adler of his termination of this agreement, effective March 20, 2010.

One of the most positive information of the quarter was the number of CK system orders added to backlog, 18.

While the recent "backlog fiasco" invites to prudence, this is obviously very good news, as it bodes very well for future results. As we noticed previously, Accuray also stated that there were no cancellation of orders previously reported as part of backlog, which may be considered something obvious if we consider that the new, more strict criteria for backlog were introduced just in the previous quarter.

The company will need more time to regain trust from the investing community, and this is probably the reason why Oppemheimer's Amit Azan called this quarter "a step in the right direction", while reminding investors that "we will need to see consistent order totals for more than one quarter before we can get more positive on the name".

The rating remained underperform at Oppenheimer, while Zacks resumed the quarter with the headline: "Accuray disappoints".

Let's have a look at the updated backlog numbers (emphasis added):

these numbers (both in terms of new systems booked and service revenues related to installed systems), if converted into actual sales/revenues, might finally put Accuray in the "growing stories" category for analysts and investors.

Another important information revealed during the conference call is related to the new VSI system configuration. Beyond important improvements like a 20% increased speed, etc., this new system represents a potential change in the approach of owning a CyberKnife:

In November of 2009, we announced the introduction of the CyberKnife VSI ™ system, which allows physicians to perform conventionally fractioned robotic image guided intensity-modulated radiation therapy, or Robotic IMRT, in addition to Robotic Stereotactic Radiosurgery procedures. Reimbursement for Robotic IMRT is expected to be similar to conventional IMRT.

Simplifying, the decision to buy this new CyberKnife version must not be supported uniquely by the desire to introduce radiosurgery (an unknown "market"), as the same device can be used to perform radiation therapy, an existing need for cancer centers, with even more accuracy compared to the traditional solutions. We believe this new marketing approach will be, at first, probably more important in the USA than internationally, but we welcome the new selling strategy, as it makes owning a CK a stronger business case and probably an "easier" decision for the buyer.

It is highly positive that the company announced at the conference call having already received 3 orders for the new device (which is also achieving a premium price compared to the existing model), with the first shipment forecasted for this quarter (which sounds like a very quick market response, if we consider that 18 to 24 months are believed to be a pretty standard time to get to the installation of a CK system).

Talking about the 18 systems added to backlog, we are not surprised to hear that there is an important presence of orders from outside the USA. As we already wrote in our previous article, digging the web for news about the CyberKnife revealed a lot of interest from many international Countries. yyy60 does a great job of finding new potential installations, which are then shared on the Investor Village Message Board.

Starting from these data, we have compiled a list of existing CK installations (which is updated at 1Q 2010 and is taken from the company's official page), adding potential new sites at the bottom (which is all speculation on our side). As you may see looking at the data, the number of international locations interested or in the process to acquire a CyberKnife was surpassing the US ones (and as a side comment, it may not be very easy to get information out of China and Japan, so the list may be more inaccurate for international locations).

With some skepticism due to previous history, we look forward to the second half of the year to find confirmation that the question mark can be taken away from our headline.

3Crowd joins growing list of CDN managers

fromTier 1 Research daily newsletter:

Joining a growing list of CDN managers is startup 3Crowd Technologies. In essence, the firm's technology is aiming to help CDN customers steer traffic across different CDNs. The startup was founded by Barrett Lyon, the co-founder of CDN vendor BitGravity, who left that project last year under odd circumstances.

Friday, February 5, 2010

Welcome CrowdMonitor and CrowdDirector

Welcome CrowdMonitor and CrowdDirector

At 3Crowd have been working furiously over the last month on the development of our first two services. The whole team has been dedicated to delivering on our mission of helping companies reduce costs, deliver, and scale their network applications through a healthy ecosystem for data delivery.

With our first services – CrowdMonitor and CrowdDirector, we’re giving the world just a tiny view of the foundation we’re building to enable a new type of Content Delivery System. We are using the idea of a crowd or crowd-sourcing to leverage multiple CDNs that can be monitored, managed and deployed as one single service.

CDNs have been an integral part of the vitality of video on the Net, but we think they are starving the next generation of innovation. The natural evolution of this marketplace has favored the content distributors but the market needs to continue its evolution into a more balanced relationship.

CrowdMonitor and CrowdDirector will give content owners the power to know what’s happening with their content and the tools to dynamically manage their assets. They will have significant implications on performance, vendor flexibility and costs and not only impact the business of current content providers, but also re-orient the economics and invite a new generation of providers to participate in the market.

We have been thoughtful about how we are creating this ecosystem and have been working on it for a while. If we do our job right, Internet streaming will be more affordable than traditional broadcast systems and together will have success.

CK Cam- Interview with Judith (CyberKnife Patient)

CK Cam- Interview with Judith (CyberKnife Patient)

Accuray Disappoints

Accuray Incorporated reported disappointing results for the second quarter of fiscal 2010. Loss per share was 2 cents, higher than the Zacks Consensus Estimate of a loss per share of 1 cent. However, Accuray reported earnings per share of 2 cents in the year-ago quarter.

...

Presently, we have an “Underperform” recommendation on Accuray.

you may read the full analysis at this link.

Wednesday, February 3, 2010

Shapiro Capital Management LLC

As of December 31, 2009, Mr. Shapiro owned 75,000 shares of the Issuer for his
own account. He may be deemed to be the beneficial owner of the 8,000,882 shares
as disclosed in Item 4C of the Schedule 13G.


Item 6. Samuel R. Shapiro is the chairman, director and majority shareholder of
Shapiro Capital Management LLC. He owns 75,000 shares of the Issuer for his
individual account, but is deemed to have beneficial ownership of the shares
reported on the Schedule 13G by virtue of his affiliation with Shapiro Capital
Management LLC.

---

as of Sept 30:


Accuray Inc. Common 004397105 8,030,572 shares

Visteon


http://www.visteon.com/products/automotive/haptic_feedback.html

Visteon Haptic and Spacial Gesture Touchscreen - CES 2010

Visteon Haptic and Spacial Gesture Touchscreen - CES 2010
By: Heather on 01-27-2010 in Technology Events

Visteon demos a new display at CES 2010. The display provides a dashboard and the screen uses Immersion's haptics technology to provide feedback. The screen uses gesture control via spacial recognition. You can pass your hand by the screen and move it. This gesture technology should go to market in 2013.

(from the IV MB, by cellodude)

High Definition Haptics with Pin Ball from Immersion's Piezo - CES 2010

from the IV MB, by cellodude:

High Definition Haptics with Pin Ball from Immersion's Piezo - CES 2010

Immersion's new piezo electric actuator makes a pin ball game on a tablet pc feel like you are playing on an actual pin ball machine. The tablet pc uses the piezo which is a tiny ceramic slip that sits on a pcb and mounted in the bezel of the laptop. The piezo moves the screen gently. Every touch on the screen feels different, so that the experience now also includes high definition haptic effects. Now pulse, hertz and intensity can be manipulated. Haptics can be used in the automotive environment to keep the driver's eyes on the road by providing tactile feedback from the screen. Mobile phone manufacturers are now using haptics to create a richer mobile phone experience.

Saturday, January 30, 2010

sales data

from Theodore Wrzesinski’s Linkedin page:

Aug 2007 – Dec 2009
EQUINIX INCORPORATED, Chicago, IL
Developed business cases, financial models, revenue targets and ROI analysis for datacenter and network infrastructure growth and expansion based on detailed research of technology, geography and partnerships.
Anticipates industry trends and the needs of customers.
Research and design Equinix Global Delivery Service Platform for Equinix customers in 18 global markets.
Sr. Account Executive
$597,930/New MRR Total US Equinix MRR 2009.
36 New Global Accounts Closed to Date, 2009.
Fully Booked MRR/kW Metric $1150, 2009.
46 New Global Accounts Closed in 2008
Fully Booked MRR/kW Metric $850, 2008

BlackRock now 5% owner - Immersion

This Amendment to Schedule 13G (this "Amendment")
is filed by BlackRock, Inc. ("BlackRock").
It amends
the most recent Schedule 13G filing, if any, made by
BlackRock and the most recent Schedule 13G filing,
if any, made by Barclays Global Investors, NA and
certain of its affiliates (Barclays Global Investors, NA
and such affiliates are collectively referred to as the
"BGI Entities") with respect to the subject class
of securities of the above-named issuer. As previously
announced, on December 1, 2009 BlackRock
completed its acquisition of Barclays Global Investors
from Barclays Bank PLC. As a result, [substantially all of]
the BGI Entities are now included as subsidiaries of
BlackRock for purposes of Schedule 13G filings.

Amount beneficially owned:

1519033

Percent of class

5.43%

Friday, January 29, 2010

2010 Stock Picks For Data Hosting And Storage Sector Of Web Services Industry

January 29, 2010 - The Wall Street Transcript has just published Internet Services Report offering a timely review of the Internet Services sector. This Special Report contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. Please find an excerpt below.

>>TWST: Tell us more about the pending acquisition of Switch & Data (SDXC) by Equinix (EQIX). What is your take on other acquisitions we might see in this space this year?

Mr. Weller: As far as Equinix and Switch, we are positive on the merits of that transaction. We think there are different angles to it. Equinix was able to get some increased capacity in certain big markets in the U.S., and there is no doubt that network-neutral, co-location has been a supply-constrained market. It also gives them an entree into second-tier markets. There should be some meaningful synergies in this transaction related to cost and revenue synergies, and I think they've talked about an initial number there in the $20 million area. Then there was, I believe, the defensive angle for this acquisition, too, in the filing related to the merger.

The other option for Switch & Data was a merger with an international company. So there are a couple of pretty big international network-neutral, co-location players that could have established a pretty good position in the U.S. with Switch, and that takes that off the table. The one uncertainty with respect to the acquisition is it still has not been approved by the U.S. Department of Justice. And actually last week, they issued a second request for information, as they're going to review that merger for antitrust issues. So we're still kind of waiting upon that, but we think ultimately the transaction is likely to go through. I'm not sure that kind of foretells a big increase in M&A in that sector. I think that transaction will likely be a little bit unique, although there are some angles. So if you think about 2010, I would think about a couple of different things.

First, I think it's possible you could see some of the up-and-coming private companies go public - companies like Telex and CoreSite that compete with Equinix. The other angle here would be that you do have some large international network-neutral, co-location providers that might look to still establish presence in the U.S. And so companies like Telecity (TCY.L) or Interxion could look to Telex and to CoreSite as M&A candidates. So I would expect that when we look back on 2010, you will see IPOs from these private companies, or they will be bought by some of the international players.

Equinix Netherlands Awarded Additional PCI-DSS Certification

Equinix Netherlands Awarded Additional PCI-DSS Certification

Payment Card Industry Lays Down High Security Demands For Credit Card Transactions

AMSTERDAM, 28 January 2010 – Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, has today announced that another of its data centers in the Netherlands complies with the Payment Card Industry – Data Security Standard (PCI-DSS) housing specifications.

Following in the footsteps of the Amsterdam facility (AM1), the data center in Enschede (EN1) now also meets the strict requirements governing the housing of credit card transactions. The PCI DSS certification is a standard for data security aimed at countering the increasing risks arising from the growth in electronic payment traffic. Equinix’s compliance with this standard will help its clients meet the stringent regulations, contributing to a more secure global e-commerce environment.

The PCI-DSS has been established to prevent criminals from being able to abuse the storage, transmission and processing of confidential transaction data. The standard is obligatory for every trader who processes credit card details. Severe fines and penalties are imposed on companies that do not comply with the standard. Companies that do not meet the specified requirements can thus be held liable for losses resulting from fraud.

Frank van der Heijden, Equinix’s Director Managed Services, says “As electronic payment traffic continues to grow rapidly, so too do risks such as credit card fraud, the most common form of identity theft, and the misuse of stolen credit card details. The security of business-critical information within an Equinix data center is absolutely essential to enable secure operations. With this compliance we enable our clients to easily meet the PCI-DSS requirements, allowing them to focus entirely on their core business.”


Thursday, January 28, 2010

Data Centers And Data Hosting Entering "Hyper Growth" According To Stifel Nicolaus Equity Analyst

from yahoo.com:

>>The Wall Street Transcript has just published its Internet Services Report offering a timely review of the sector to serious investors and industry executives. This 50 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

>>For example, Salesforce.com (CRM), the largest software-as-a-service provider, doesn't operate its own data centers They are a customer of Equinix. And so we think Equinix (EQIX) should benefit as cloud service providers and others look to extend their data center space. Rackspace gives you another play on the cloud, where they are operating their own cloud service. So we would call them more of a cloud services provider as opposed to Equinix, which has more of an infrastructure play on it.

Embedded World 2010


Embedded World 2010

Victor Viegas, Interim CEO and Director
Immersion Corporation

Opinion for the haptics application market in 2010

Mobile phones have been a key driver for Immersion over the past several years. Debuting in the Korean
market almost 5 years ago, Immersion’s TouchSense haptic technology has shipped in over 70 million
mobile handsets worldwide. Initially found in high‐end feature phones, haptics is gaining popularity in
touchscreen phones. We expect this trend to continue as handsets continue to evolve and become
more complex and sophisticated. Manufacturers have recognized how critical user experience is to
consumers and that touch feedback makes products more efficient, intuitive and fun.
Immersion continues to innovate and recently announced the TouchSense 4000, a new solution that
leverages multiple actuators to provide “stereo‐quality” haptics. Just as stereo took audio listeners to a
more enjoyable listening experience, our TouchSense 4000 uses multiple actuators to create similar
stereo effects. Handsets will soon be able to provide different haptic effects in different physical areas
of the phone, and be able to vary those effects in a more sophisticated manner. We’re dedicated to
constantly improving and refining our solutions, integrating new technology and helping our partners
produce exceptional, differentiated products. Our research and development team are working on even
more innovations that we expect will launch later this year.

Immersion’s role to create the Korean mobile haptic culture

Korea has long been regarded as a leading and highly competitive market for the cell phone industry
where adoption of technology often occurs well ahead of the rest of the world. Samsung and LG, both
long‐time partners, were at the forefront of valuing touch feedback and integrating our technology in
their products. Early implementations included gaming, ringtone and music enhancements – and with
the advent of the touchscreen, we really saw haptic adoption take off. These key partners continue to
bring exciting, innovative products to market – it’s been a great validation of the value of our solutions.
We estimate that TouchSense technology is currently included in 25% of all touchscreen‐based phones
with that share continuing to grow. With Samsung and LG leading and proving consumer demand, we’ve
since licensed other manufacturers around the world.

Prospect for other industrial applications in Korea

We’re changing the way that people interact with technology. An early application for haptics that
continues to be a strong market for us is console gaming and peripherals; gamers have been clear, force
feedback/rumble is a requirement. While over the past several years our cell phone business has really
grown, we’re now seeing haptics being leveraged across a range of consumer electronics including
digital cameras, personal navigation devices, media players, laptops and tablet computers; we expect
this to continue. Other markets include appliances, office equipment and industrial controls – the
adoption of touchscreens in such a wide variety of products has resulted in great opportunities for us.
Another interesting market is automotive; our touch feedback technology is licensed to manufacturers
and suppliers to make navigating and controlling infotainment systems more intuitive and less
distracting.

What’s distinguishable from other competitors

Immersion is truly the leader in developing and licensing haptics technology. We were founded in 1993
and have since built a broad intellectual property portfolio of over 800 issued or patents pending in the
U.S. and other countries. Our solutions are sophisticated and reflect the best research and development
in the market. We’re enhancing user experiences by using touch feedback to increase satisfaction and
add an emotional element, as touch is our most intimate sense.
We partner with great companies who understand the value of touch and our innovations have resulted
in hundreds of products that integrate high‐fidelity haptic systems to power exceptional user
experiences.

http://www.immersion.com/about/news-room/docs/Embedded-World_Jan10-english.pdf

Czech Republic's 1st CK install in March, operational in May

from the IV MB, by yyy60:

>>Czech Republic's 1st CK install in March, operational in May


** Translated from Czech **

The new facility will be equipped with a special robotic device to treat malignant tumors, so-called cyber knife. CYBERKNIFE is perfectly capable of destroying small tumors by radiation in places other forms of treatment available, very difficult - the brain, pancreas, lungs and spine. Will be installed at the end of March and after the trials of radiation safety, we should start from May to use the treatment.

Firm Guiding Construction Stole Millions, Officials Say

from the New York Times:

>>But according to an investigator briefed on the case, the largest fraud occurred at data centers in Bergen County, N.J., that are owned by Equinix, formerly Switch and Data Facilities. The company was overcharged by about $3 million, the investigator said.

Wednesday, January 27, 2010

Chi-X experiences low latency benefits by outsourcing to Equinix

from datacentermanagement.com:

>>Outsourcing our platform to a specialist data center services provider was a logical step for Chi-X Europe.”
Following a full market evaluation of data center providers, Chi-X Europe selected Equinix as its vendor of choice, commencing work in August 2008. Critical to its decision to choose Equinix was the Equinix Financial eXchange, a global financial ecosystem consisting of financial market firms including buy and sell side firms, market data providers, technology providers as well as execution venues that locate with Equinix data centers to support highly reliable, low latency connectivity for a broad range of market participants.
As Miciu states: “The solution offered by Equinix successfully meets the needs of Chi-X Europe, with Equinix Financial eXchange also enabling participants to directly connect to an active community of strategic partners.

“Moreover, outsourcing to Equinix has meant an improvement in our operational efficiency, with the management of power, cooling and security all handled by the provider.”
Chi-X Europe initially hosted its platform at Equinix’s London Slough data centre (LD4). It has since opened a new Point of Presence (PoP) at Equinix’s Frankfurt data center (FR2), and has also housed a business continuity solution at Equinix’s Park Royal center in London (LD3).

The Benefits
“Outsourcing to Equinix has given us a proven advantage over other MTFs by allowing our participants to directly connect to the platform, thus enabling them to bypass relatively expensive and unreliable network links,” comments Miciu.

“Not only have we achieved our initial aim of improving latency, but outsourcing has also enabled us to expand our customer base, thus further improving our return on investment.”
As Chi-X Europe continues to expand, partnering with a data center provider that can facilitate company growth is essential. “Equinix’s vision aligns completely with our own. Its ability to scale its services to meet the needs of our growing customer base is critical to our aggressive growth strategy.”

Exegy And Essex Radez Relaunch MarketDataPeaks.com, First Tool To Track Comprehensive Market Data Rates

Exegy Incorporated, the market data appliance company, has announced today that they are working with Essex Radez, a leading provider of direct exchange feeds and co-location services for algorithmic trading firms, as a partner on the first public website that tracks real-time market data rates every second of every trading day.

Called MarketDataPeaks.com (http://www.marketdatapeaks.com/), the site provides a minute-by-minute account of the aggregated volume of market data messages across major North American exchanges. The site highlights the peaks from the current day as well as historic peaks.

“This site is designed to provide unique information on peaks in market data to the financial community – trading firms, exchanges and regulators,” says Jeff Wells, V.P., Product Management at Exegy. “It helps executives stay on top of market data issues and plan for the future. Today, for example, the market peaked at 2,162,363 messages per second, a new all time high.”

Kerry Hindle, Director of Market Data Sales & Marketing at Essex Radez, said, “We are pleased to supply the market with this service. We know that every market data manager is interested to know when big peaks are occurring from a reliable third party, and by keeping up to date in real-time, the whole market will be in a better position.”

The historic data will be captured and included in the Financial Information Forum’s capacity statistics as part of the organization’s collaborative efforts to address issues that impact financial technology operations and development in light of rapid changes occurring in the marketplace.

“We look forward to giving our members insight into market data peaks based on this aggregated feed data,” says Manisha Kimmel, Executive Director of FIF. “We will include this unique data as part of the FIF Market Data Capacity Working Group discussions and this will allow us to further assist our members in planning and provisioning for market data growth.”

All data are processed and updated through a single Exegy Ticker Plant located within the Essex Radez data center at the Equinix NY4 facility in Secaucus, New Jersey. The 340,000 square foot, carrier neutral, Equinix facility is a major data distribution center for the new CBOE C2 platform, Direct Edge, ICE, ISE, BOX, and NASDAQ. In addition to Secaucus, Essex Radez operates co-location facilities in New York, Weehawken (New Jersey), and Chicago and provides all North American direct feeds over its private network.

MarketDataPeaks.com features the total number of messages that occur simultaneously in any given second across all live data feeds including NYSE/SIAC, NASDAQ, OPRA, CME, ARCA, BATS and Direct Edge, both Level 1 and 2. The graph displays the highest one-second aggregate peak that occurs in each minute. The graph on the site’s home page automatically updates every minute.

MarketDataPeaks.com is co-sponsored by Exegy, Essex Radez and the Financial Information Forum.

Sunday, January 24, 2010

Switch and Data removes an obstacle seeking to block the Equinix merger

Switch and Data (SDXC) recently settled three shareholder class action lawsuits, thus removing a few more obstacles toward its sale to Equinix (EQIX).

  • In connection with this settlement, the three lawsuits and all claims asserted therein would be dismissed with prejudice, including the claims brought against Switch and Data and its directors. Switch and Data and the other defendants deny all of the allegations in the lawsuits and believe that the existing disclosures regarding the proposed merger are appropriate under the law. Nevertheless, Switch and Data and the other defendants have agreed to settle the putative class action lawsuits in order to eliminate the risk, burden and expense of further litigation, to fully resolve all claims raised in the lawsuits, to permit the merger to be consummated without the risk of injunctive relief or delay, and to permit Switch and Data's stockholders to receive the consideration provided for in the merger.

Switch and Data shareholders are expected to vote on the merger next January 29, and further to that the only remaining obstacle to the closing of the merger is the US Department of Justice investigation, as its green light is required for Antitrust reasons. However, this scrutiny has already contributed to delaying the Equinix and Switch and Data merger into the 2Q 2010.

To resume, Equinix and Switch and Data first filed a Notification and Report Forms with the Antitrust Division of the Department of Justice, whose waiting period under the HSR Act was due to expire on December 4, 2009. Later, Equinix voluntarily withdrew this application, and re-filed the form on December 7, 2009, thus extending the waiting period an additional 30 days to January 6, 2010. On that day, Equinix received a Request for Additional Information from the Antitrust Division. This second request basically extended the waiting period imposed by the HSR Act until 30 days after Equinix has substantially complied with it, and for this reason the Merger is not expected to close in the first quarter of 2010, as planned.

We are no lawyers, but we believe that, given the low single digit market share of the data center sector hold by the combined Companies, there should be no problem to get the deal authorized, unless the DoJ looks at the smaller network neutral sub-sector, or at the interconnection side of the business model (as both Equinix and Switch and Data are leaders when it comes to peering points, although this specific market is shared with other important competitors like TelX, etc. in the US).

More interesting from an investor point of view, a few more details about the merger were disclosed in a FORM 8-K filing, made on January 19, that gave additional insight into the combination of the Companies and the background to it.

  • This Supplement supplements and amends the Proxy Statement dated December 21, 2009
  • On January 19, 2010, counsel for parties in all three lawsuits entered into a memorandum of understanding in which they agreed upon the terms of a settlement of all lawsuits.
  • As contemplated by the proposed settlement, Switch and Data is providing certain additional disclosures that are supplemental to those contained in the Proxy Statement.

We already noticed, in our article “Equinix Plus Switch & Data: Looking Forward” that the two Companies estimate cost synergies in the range of $20 million per year, as first revealed by Equinix during the NASDAQ OMX Investor Conference. It now appears that this is the low range of the synergies estimated by Switch and Data during the merger negotiations:

  • During the discussion, it was noted that, unlike a transaction with the International Party (which, as discussed above, would have been structured as a merger of equals without any premium to Switch and Data’s stockholders), the proposed transaction with Equinix offered Switch and Data stockholders a significant premium for their Switch and Data common stock and was expected to create substantial synergies for the surviving entity. Mr. Olsen advised the board of directors that Switch and Data’s management estimated that a combination with Equinix could result in an annual reduction in expenses of approximately $20.0 million to $25.0 million due to the elimination of certain duplicate expenses and fee-based services.

We believe that these costs savings are achievable, once the integration is fully operative, and notice that they represent well over 10% of the cash costs of Switch and Data, per year.

Another small note, from the filing:

  • The board of directors also determined not to aggressively seek to have a post-signing market check because, in the board of directors’ judgment, such a market check was unlikely to result in a more favorable proposal in light of the significant proposed premium, and during the course of the negotiations, it became apparent that insisting upon a post-signing market check would likely imperil the proposed transaction with Equinix.

Those readers who remember what happened after Equinix announced the acquisition of IX Europe probably don't need to be told why Equinix was not willing to leave this opportunity to Switch and Data shareholders (Equinix had to spend about $73.0 million more than originally forecasted for its European acquisition).

Getting back to our analysis of the business plans for the next few years, disclosed in a filing by both Equinix and Switch and Data, we recently got a few more comments which are worth a mention. As a reminder, both Equinix and Switch & Data predicted growth above 20% for the next 4 years, with a drop below this level just in the 5th year:

Here are the two “forecasts” (although we shouldn't use this word) - click to enlarge:

At the recent Citi Global Entertainment, Media, and Telecommunications Conference Keith Taylor, Equinix CFO, put the whole thing into the right prospective, as far as Equinix is concerned:

  • What is included in the S-4 is basically a plan, a plan of what could we do over a five-year period. That plan is 2009, it’s lower than projected guidance for 2009. In fact, it’s lower — and that’s on the revenue line, and EBITDA line. And it gives you outlook to 2010 as well, and it’s slightly lower than what we give you on a growth rate for 2010.

There's also more insight into future CAPEX for expansion, thanks to a direct question by Citi analyst, which includes a comment about the financial vertical:

  • Mike RollinsCiti Investment Research—Analyst
  • And just thinking about the investment that you are making in Switch & Data, does that then count towards some of that revenue capacity and CapEx? So in a way, is there a risk that looking at that plan is double accounting because in a way you are buying a lot of the capacity and some of the expansion that I think you were originally hoping to do.
  • Keith TaylorEquinix, Inc.—CFO
  • The plan did not contemplate any duplication with Switch & Data. The only place where we will get a little bit of — not a little bit — more meaningful capacity is in New York, and we get a little bit of capacity in Dallas. But overall, these are all new markets that we want — that’s an organic plan where we wanted to be as an industry, or as a company. And so that’s what we think we can do. When you throw on Switch & Data, there’s an opportunity that is even greater. So I don’t think it’s going to displace any meaningful CapEx. I think it might defer it for a short period of time.
  • But in New York, the biggest issue — and we’re quite concerned. Even though we’re in construction today for the final phase of our New York-4 Phase III asset, that we will run out of capacity very, very quickly because that gives you a sense of the pent-up demand for that asset.

Saturday, January 23, 2010

A CyberKnife will be installed in Florence (Italy) at Casa di cura Santa Chiara



quote (minute 2.05):

In 2009, the decision to acquire a CK has been taken.

EDGECAST NETWORKS CONTINUES TO EXPAND GLOBAL CAPACITY WITH NEW FACILITIES IN SINGAPORE AND PARIS

LOS ANGELES, CA – January 14, 2010 — EdgeCast Networks, the superior, cost–effective rich media content delivery network (CDN), today announced major upgrades to its global network, bringing online two new strategic points of presence (POPs) in 2010 - Singapore and Paris. Additionally, the company's content delivery network now interconnects with more than 800 user networks around the world, making EdgeCast one of the world's best-connected and fastest CDNs."

...

The Singapore point of presence completed testing this month and is now online. The Paris point of presence is scheduled to go live in the first half of this year.

...

Public Peering Exchange Points
Exchange Point Name ASN IP Address Mbit/sec
Equinix Singapore 15133 202.79.197.67 1000

Friday, January 22, 2010

ST Telemedia appoints Terry Clontz as Managing Director, North America & Europe

Mr. Clontz sits on the Equinix Board of Directors

ST Telemedia appoints Terry Clontz as Managing Director, North America & Europe
Terry Clontz, StarHub's former Chief Executive Officer, assumes the appointment of Managing Director overseeing ST Telemedia's investments in North America and Europe with effect from January 2010. During his 11 years at the helm of StarHub, Mr Clontz has led the company in a number of major milestones including transformed StarHub from being Singapore’s third mobile player in 2000 to a fully-integrated "quad-play" service provider in 2009; merged StarHub with Singapore Cable Vision (SCV) in 2002; brought StarHub public in 2004 on the main board of the Singapore Exchange; and advanced StarHub’s market position to become Singapore’s second largest mobile operator in 2005, the same year that it became profitable.
Terry Clontz, Managing Director, North America & Europe

Prevention is cheaper than cure

from the Guardian:

Deep in the basement of the centre's new Marylebone building – in a radiation-proof concrete bunker just a few feet away from the Bakerloo tube line – a machine to rival any Hollywood techno-monster lies in wait. The Cyberknife, an inappropriate label for the device that is more ray gun than surgeon's scalpel, fires its beams of electrons with pinpoint accuracy as its linear accelerator whirls around the prone patient.

Such technology – alongside two other linear accelerators in adjoining bunkers – accounts for quite a slice of the £70m invested in the London Clinic's showpiece centre. While we marvel at the arrival of expensive space-age gadgetry, available of course only to a few private patients, it is disappointing to note the UK remains among the stragglers in adopting the technology already widely installed across Europe and even in India.

...

The NHS may be in line for one of these expensive gadgets – one for the entire country – sometime next year apparently, but that will not prevent many of us feeling short-changed when doctors have to deny patients access to vital treatments for lack of resources.

The 100th patient is treated at the UK's first CyberKnife Centre

from the IV MB, by yyy60:

>>The 100th patient is treated at the UK's first CyberKnife Centre

NHS patient suffering from prostate cancer receives 100th treatment at Harley Street CyberKnife Centre

A man from Greater London has become the 100th person to be treated at the UK's first CyberKnife Centre at the renowned Harley Street Clinic in London.

The man, who has been suffering from prostate cancer, could not be treated by other forms of radiotherapy. He is among a growing number of patients sent to the Harley Street Clinic for CyberKnife radiotherapy treatment by their NHS trusts.

Avectra Announces New Data Center

Avectra Announces New Data Center

Move enhances Web-based association management software performance and takes customer service to the next level

Our investment in this new, state-of-the-art hosting operation allows us to continue offering the industry’s best uptime and network performance as we add new clients on our association management software platforms

McLean, VA (Vocus/PRWEB ) January 22, 2010 -- True to Avectra’s commitment to provide world-class cloud computing and service, the industry’s innovator for association management software announced today a successful move of the company’s primary hosting services to a new data center in December 2009.

News Image“We focus on providing the best hosting and technology available,” said John Norton, director of Avectra’s network operations. “Our investment in this new, state-of-the-art hosting operation allows us to continue offering the industry’s best uptime and network performance as we add new clients on our association management software platforms.”

The new facility is operated by leading data center provider Equinix and is located in Ashburn, Va., on one of the largest internet exchange points in the world. In addition to offering even more reliable internet connectivity, the center provides upgraded equipment and improved power redundancy, physical security and environmental controls for the data of the nearly 1,000 member-based organizations using Avectra’s netFORUM association management software.

“The move to this data center more than doubles our network’s capacity and at the same time cuts our energy usage and physical footprint by more than 40%,” said Mark Zigadlo, network service manager at Avectra. “This enables us to extend even higher service levels to our customers while maintaining a green hosting option.”

With more than 12 years of hosting experience, Avectra is the leading provider of hosted membership management solutions and is committed to ensuring complete system redundancy with its Avectra Super Network. The shift of services to the new facility further extends Avectra’s hosting beyond the typical application platform level to provide the most comprehensive and reliable solution available with triple redundant disaster recovery and back-up.


About Avectra, Inc.

Avectra, with more than 16 years of experience, is the leading provider of on-demand association management software. Avectra’s Web-based, integrated netFORUM software enables organizations of all sizes to experience world class membership management. netFORUM Enterprise Edition is uniquely tailored to the needs of the largest member-based organizations, while their netFORUM Team and Pro Editions are scaled to perfectly address the needs of small and mid-sized organizations, providing the tools that help identify, secure and build members for life. Headquartered in McLean, Va., Avectra also has a regional office in Chicago. For more information about Avectra and the netFORUM family of products, visit www.avectra.com, or call 800-858-8272.

9th Annual CyberKnife® Scientific Meeting

WELCOME!

This year’s CyberKnife® Society Scientific Meeting will be held March 26 - 27, 2010 at The Fairmont Dallas located in downtown Dallas, Texas. Be sure to arrive on Thursday, March 25, as the program will begin promptly at 7am on Friday.

In the interest of your busy schedules and cost savings for all, this year's program has been condensed to 1.5 days – back to basics and focusing on science. This shortened program necessitates an early start with an agenda packed with only the highest quality clinical and technical presentations. As in previous years, the Physics session will run concurrent to general session allowing for the maximum number of technical presentations.

Something new this year is the integration of new and clinically compelling treatment protocols into general session. There will also be Tumor Review Boards highlighting complex cases utilizing the automatic response system encouraging interaction from the entire audience. The second half-day will focus entirely on Performance Improvement cases submitted, selected and presented by CyberKnife Users from around the globe. Undoubtedly you will receive an incredible amount of information during these two days – please register early as space will be limited.

We look forward to seeing you!

REGISTRATION FEES

Member Status

Sept 1st -
Nov 30
th

Dec 1st -
Mar 5
th

CKS Member: Physician

$350

$450

Non CKS Member: Physician

$450

$550

CKS Member: Nurse/RT/Coordinator/Dosimetrist/Physicist

$300

$400

Non CKS Member: Nurse/RT/Coordinator/Dosimetrist/Physicist

$400

$500

Administrator

$400

$500

Resident

$200

$250

Accuray Attendee

$300

$300

Guest of Registered Attendee

$150

$150


STATEMENT OF NEED

Advances in the applications, technologies and methodologies of CyberKnife Radiosurgery continue to evolve rapidly, creating a need for continual learning. The 9th Annual CyberKnife Meeting Scientific Meeting is designed to disseminate new scientific findings and technical innovations and expand basic knowledge relevant to clinical practice and to the improvement of patient outcomes.

PROGRAM DESCRIPTION AND OBJECTIVES

The educational elements of this program are targeted at surgeons, oncologists of all disciplines, physicists, nurses, therapists and other professionals involved in CyberKnife Robotic Radiosurgery. Attendees will receive state-of-the-art practice information relating to radiation, and surgical oncology. Embracing the multidisciplinary approach to cancer care is essential to quality care. Research presented from medical and allied professionals will enhance the interdisciplinary nature of the program. The program will include presentations on standard, investigational and experimental therapeutics, treatment planning, alternative fractionation, emerging technologies, and physics. These topics are presented in a combination of panel discussions, proffered papers and posters. Educational sessions provide attendees with an essential review of timely topics. Panel discussions emphasize current controversies. Proffered papers and poster presentations represent new research findings. This combination provides complementary coverage of a broad range of topics relevant to radiation oncology and members of the multidisciplinary cancer care team.


WHO SHOULD ATTEND

This continuing medical education activity is designed to meet the interest of surgeons, radiation oncologists, physicians working in related specialties, residents, radiation physicists, dosimetrist, radiation therapists, radiation oncology nurses, radiation oncology administrators and all other health professionals involved in the field of oncology.

Wednesday, January 20, 2010

Storms KO NaviSite San Jose Data Center

from Data Center Knowledge:

A NaviSite data center in Silicon Valley was without power for an hour this morning after severe storms knocked out the facility’s utility power from PG&E. NaviSite’s San Jose data center lost utility power from PG&E at 4:45 a.m. Pacific time, and backup power systems failed to operate as designed.

A Study of Gemcitabine and Cyberknife Radiation Therapy for Pancreatic Cancer

from the IV mb, by yyy60:

>>A Study of Gemcitabine and Cyberknife Radiation Therapy for Pancreatic Cancer

People with pancreatic cancer that cannot be cured by surgery are being asked to participate in this study. The purpose of this study is to test the ability of the radiation oncologists to administer Cyberknife therapy along with Gemcitabine chemotherapy for patients with pancreatic cancer. Radiation and Gemcitabine are both effective at killing cancer cells but they generally cannot be given at...

Date First Received: January 15, 2010
Clinical Trial Phase: Phase 1 | Start Date: November 2009
Last Updated: January 15, 2010
Overall Status: Recruiting
Verified by: Georgetown University, January 2010
Estimated Enrollment: 10


Brief Summary

Official Title: “A Pilot Study of Full Dose Gemcitabine and Hypofractionated Stereotactic Radiosurgery in the Treatment of Unresectable Pancreatic Cancer”

People with pancreatic cancer that cannot be cured by surgery are being asked to participate in this study.

The purpose of this study is to test the ability of the radiation oncologists to administer Cyberknife therapy along with Gemcitabine chemotherapy for patients with pancreatic cancer.

Radiation and Gemcitabine are both effective at killing cancer cells but they generally cannot be given at the same time. Cyberknife therapy is highly focused radiation that is being used extensively at Georgetown University and around the United States to treat a number of cancers. It is believed that because Cyberknife is so highly focused it can be given safely with regular doses of chemotherapy to attack cancer cells in two ways at the same time.

This research is being done because it is not known if using Cyberknife with chemotherapy will be a safe way to treat pancreatic cancer.

Study Type: Interventional

Study Design: Treatment, Non-Randomized, Open Label, Active Control, Single Group Assignment, Safety Study

Study Primary Completion Date: May 2010

Switch and Data Agrees to Settle Stockholder Class Action Lawsuits

TAMPA, Fla., Jan 19, 2010 (BUSINESS WIRE) -- Switch and Data (NASDAQ: SDXC), a leading provider of network-neutral data center and Internet exchange services, today announced that it and the other defendants have entered into a memorandum of understanding with plaintiffs' counsel to settle three purported class action lawsuits filed regarding the proposed merger between Switch and Data, Equinix, Inc. and Sundance Acquisition Corporation, a wholly-owned subsidiary of Equinix.

In connection with this settlement, the three lawsuits and all claims asserted therein would be dismissed with prejudice, including the claims brought against Switch and Data and its directors. Switch and Data and the other defendants deny all of the allegations in the lawsuits and believe that the existing disclosures regarding the proposed merger are appropriate under the law. Nevertheless, Switch and Data and the other defendants have agreed to settle the putative class action lawsuits in order to eliminate the risk, burden and expense of further litigation, to fully resolve all claims raised in the lawsuits, to permit the merger to be consummated without the risk of injunctive relief or delay, and to permit Switch and Data's stockholders to receive the consideration provided for in the merger.

Switch and Data today filed with the Securities and Exchange Commission a Current Report on Form 8-K to announce the settlement of the stockholder class action lawsuits and to also supplement and amend the Proxy Statement dated December 21, 2009, as previously supplemented on December 23, 2009. For further information, please see the Form 8-K, which is available at www.sec.gov or on Switch and Data's website at www.switchanddata.com.

Under the memorandum of understanding, the parties will seek approval of the settlement in the Florida state court; simultaneously, the parties will agree to stay the actions pending in the Delaware Chancery Court and the United States District Court for the Middle District of Florida. The proposed settlement is conditional upon, among other things, the execution of an appropriate stipulation of settlement, consummation of the merger and final approval of the proposed settlement by the Florida state court. The proposed settlement contemplates that plaintiffs' counsel will apply to the Florida state court for an award of attorneys' fees and costs in an aggregate amount of $900,000, and that the defendants will not oppose or undermine this application. These attorneys' fees and costs will not be deducted from the merger consideration.

Tuesday, January 19, 2010

The Countdown to the Nanosecond

from Securities Industry News:

The Countdown to the Nanosecond

Does one millionth of a second—a microsecond— really matter? How about one billionth of a second? As exchanges and trading firms strive for ultra-low latency, a nanosecond most certainly can.

...

Nasdaq selected Correlix in November to provide Nasdaq OMX customers with independent real-time measurement of latency in trades on its market, for intraday and post-day analysis. “I think that’s the common goal, maybe someone would manage to break the 100-microsecond mark. Maybe we’ll have the first exchange going below 100, next year, maybe, it can get to tens of microseconds, but I think nanoseconds are a five-year horizon.”

Correlix measures up to one microsecond of granularity, which is pretty much what will be needed for the next two years, at least, said Melamed.

Competitor Corvil also supports nanosecond precision in its products, noted Byrne, who said many of his customers use this precision to examine nanosecond differences in arrival of messages. This is particularly important today in co-location facilities, he added.

“The final frontier is collocation, where the algorithms, the trading engines are right at the exchange, located as close as possible to where the orders are being executed so there’s almost no latency,” said Lloyd Altman, a senior executive in Accenture’s Capital Markets Industry division. “Whether that will be nanoseconds eventually, I would guess maybe one day it will be, but will it matter? What is the competitive advantage of being within nanoseconds? Ultimately, it really comes down to who got the order in first, who got the execution matched first, and the ultimate factor will be the speed of the execution engine within the exchange… you reach a point where it’s hard to see whether you are getting more efficient because it’s already so fast and so close.”

...

Once nanoseconds become the new benchmark, the race towards picoseconds—one-trillionth of a second— may not be light years away.

CBOE Delays New Options Market as SEC Mulls Ban on Flash Orders

from businessweek.com:

>>CBOE Delays New Options Market as SEC Mulls Ban on Flash Orders

Jan. 8 (Bloomberg) -- The Chicago Board Options Exchange, the largest U.S. equity derivatives market, will wait until the second half of the year to start a new platform catering to high-speed traders while the Securities and Exchange Commission reviews industry practices.

...

CBOE is creating C2 to appeal to so-called high-frequency traders who sometimes send thousands of orders a second to exchanges to take advantage of fleeting price changes. The all- electronic exchange was approved by the SEC on Dec. 10.

Secaucus, Not Chicago

C2 will enable CBOE to compete more effectively with newer exchanges with different market models, the Chicago-based firm says. As part of this effort, C2’s matching engine will be based in Secaucus, New Jersey, instead of Chicago, reducing the time to trade and update quotations for C2’s participants based in the New York metropolitan area.

Saturday, January 16, 2010

coming soon to The Ottawa Hospital

from the Ottawa Citizen:

For four years, Dr. John Sinclair, a neurosurgeon at The Ottawa Hospital, has been singing the praises of the CyberKnife. The device uses targeted radiation to destroy tumours anywhere in the body, reaching places a scalpel cannot.

For four years, Dr. John Sinclair, a neurosurgeon at The Ottawa Hospital, has been singing the praises of the CyberKnife. The device uses targeted radiation to destroy tumours anywhere in the body, reaching places a scalpel cannot.

...

Sinclair always hoped he could help bring CyberKnife to Ottawa. “It’s a huge part of the reason why I came back. If someone told me, you’re going to go back but you’re not going to do radiosurgery, I would have thought long and hard about returning.”

The next weeks are crucial as The Ottawa Hospital looks for donors. The Ottawa Hospital Foundation is raising money. An order for the machine must be placed. Sinclair is confident it will all come together.

He hopes to be able to have a CyberKnife operating at The Ottawa Hospital by May.

Friday, January 15, 2010

The CyberKnife radiosurgery program at Erlanger

from the Chattanooga Times:

A few weeks ago, the hospital agreed to buy the CyberKnife robotic radiosurgery equipment, a noninvasive treatment that can be used for cancers of the body and brain and treat complex tumors previously considered inoperable, cancer specialists said.

...

The CyberKnife robotic radiosurgery equipment will cost $7.3 million, an expense shared between Erlanger and its project partner Community Care Inc., an ambulatory surgical center development company.

Last month Dr. Kimsey told hospital budget committee members considering the resolution to buy the equipment.

"I think it's going to launch Erlanger into the No. 1 cancer (center) position here in the community," he said.

The equipment features a robotic arm that administers a targeted, high-dose radiation beam to a tumor, while compensating for almost indiscernible motions such as the patient's breathing to stay on target.

In a CyberKnife treatment session, radiation beams are directed at the tumor from various angles to avoid any extended exposure to the tissue surrounding the tumor.

Conventional radiation therapy delivers low-dose radiation over a more generalized area in 30 to 45 treatments over a period of weeks or months.

The CyberKnife's high-dose radiation treatments can be effective in just one to five treatments, Dr. Kimsey said. That means patients usually will be done with radiation treatments within a week and have minimal side effects, he said.

"From a quality-of-life standpoint, anything we're able to do avoid toxicity in cancer treatment is critically important," he said.

...

UNIQUE IN THE REGION

The CyberKnife radiosurgery program at Erlanger will be the only one of its kind within a 100-mile radius of Chattanooga, officials said. Other medical centers in Tennessee with this technology are in Nashville, Knoxville, Memphis and Bristol. That means growth in Erlanger's patient volume from these treatments likely will come either from outside the region or from patients who previously weren't getting treated, said Joe Winick, senior vice president of strategic planning.

from law360.com:

Switch & Data Fires Back At Shareholder Complaint

Internet exchange company Switch and Data Facilities Co. Inc. has fired back at a putative shareholder class action, saying its proposed $689 million acquisition by Equinix Inc. should be allowed to proceed.

Data Centers as Important As Trading Floor, Says Tabb Group

from information-management.com:

Data centers are the new keystone for U.S. equity trading, said Tabb Group senior analyst and report author Kevin McPartland in a study released this month, “U.S. Equity Technology 2010: The Sell Side Perspective.”

The study, which McPartland discusses in a video presentation available at http://www.youtube.com/watch?v=lyVyJD2vXdM , is based on one-to-one interviews with CIOs, CTOs and heads of technology at 24 sell-side firms with bulge-bracket firms accounting for 25% of the participants--equal to two thirds of all bulge bracket firms.

...

"From a sell side perspective, it means that those guys--major data center providers such as Equinix and Savvis-- should look to expand current client footprints as the sell side looks to reduce server scatter (when firms use space in a variety of geographic locations)," McPartland explained to Securities Idustry News. "So if a major dealer is using three separate data center providers, they’ll look to use only one. Whoever wins that deal will see spending by that dealer grow significantly as they consolidate under one roof."


Accelitech’s 7th CyberKnife to Open in Miami

from the IV MB, by yyy60:

>>Accelitech’s 7th CyberKnife to Open in Miami

Chicago, IL (PRWEB) January 15, 2010 -- Accelitech LLC, is pleased to announce that its 7th CyberKnife Stereotactic Radiosurgery System will be placed in partnership with Mercy Hospital in Miami, Florida.

With the launch of the Miami site during the first quarter of 2010, Accelitech locations will represent approximately 6% of the total CyberKnife installations in the US market. Accelitech’s market share and total installations are projected to grow considerably in 2010 and beyond as demand for cancer care increases and capital constraints experienced within the healthcare system continue. Accelitech provides hospitals and physicians with a full array of service to successfully launch and operate cancer treatment technologies including structured capital, business planning, partnership creation, deployment and ongoing program optimization.

Accelitech locations represent approximately 6% of the total CyberKnife installations in the US
Accelitech LLC is a leading developer of stereotactic radiosurgery and cancer treatment programs. Headquartered in Chicago, IL., Accelitech is a privately-held company with extensive experience and resources in healthcare law, finance, development, and clinical operations. Accelitech provides the funds, expertise and legal models to allow physicians and hospitals to bring new technology to market for the benefit of the patients they serve. Accelitech has sites and projects under development throughout the United States.

For additional information about Accelitech and the services provided contact Scott Milligan at (312) 622-3301. www.accelitech.biz

Wednesday, January 13, 2010

ARAY - new sale by President (BVI) International Investment Holdings Ltd.

NASDAQ OMX Europe certifies Interoute Fast Trade service for algorithmic trading

Interoute Fast Trade guarantees ultra low round trip delay between trading exchanges

London, [13 January 2010] – Interoute, owner operator of Europe’s largest next-generation network, has been approved as a direct connectivity supplier to the pan-European multilateral trading facility, NASDAQ OMX Europe (NEURO).

...

Fast Trade is available in more than two hundred of Interoute’s points-of-presence (PoPs), including eight that are located within key Equinix exchanges.

Tuesday, January 12, 2010

17 operators keen on NSW data centre consolidation plan

from infoworld.com:

>>17 operators keen on NSW data centre consolidation plan

Seventeen data centre operators have thrown their hats into the ring to help the NSW government consolidate 130 facilities down to two.

The organisations, which include some of the country's most high-profile operators, responded to a request for Expressions of Interest process opened up in October last year.

The list of 17 organisations:

Equinix Australia

...

First & Second CK in Latin America install in Venezuela soon

from the IV MB, by yyy60:

>>First & Second CK in Latin America install in Venezuela soon

Venezuela: primer país Latinoamericano en alcanzar máxima tecnología en radiocirugía

Caracas, 11 Ene. ABN.- Con la adquisición de dos equipos calificados como bisturí cibernético (cyber knife, por sus siglas en inglés) uno para el hospital Miguel Pérez Carreño y otro para el Domingo Luciani, Venezuela se coloca a la vanguardia tecnológica latinoamericana para procedimientos de radiocirugía en el sector público.

Reinaldo López, jefe del servicio de neurocirugía del hospital Pérez Carreño, explicó que el cyber knife es un equipo capacitado para realizar radiocirugía tanto para lesiones del área craneal como de la columna y otras áreas del cuerpo que padezcan afecciones tumorales.

Monday, January 11, 2010

Samsung Touch Remote hands-on photos

HT to cellodude on the IV MB:

>>Samsung Touch Remote hands-on photos



The remote itself looks and feels like a mobile phone, complete with haptic feedback and sound effects found on existing Samsung handsets. The screen is pretty vibrant too. One thing we must say is that it was incredibly responsive to our commands and very easy to use. Taking on a mobile phone exterior also gives the impression it will smash into a thousand pieces if dropped on the floor, so the utmost care will be needed - you won't be able to treat this one like your bog standard Freeview remote.

Samsung's Touch Remote is one of those gadgets that you don't really need but it wold be incredibly awesome if you had one.

The Touch Remote is not exclusive to the C9000 and will be available as an accessory for a selection of LED LCD TVs.