Wednesday, February 29, 2012

Senators remain unphased by govt pressure to pass package=3


AAP General News (Australia)
02-05-2009
Senators remain unphased by govt pressure to pass package=3

Family First senator Steve Fielding said he would support a stimulus package of some
kind, but wanted to hear from experts expected to be called by a Senate inquiry.

"What we want to do is just stop for a couple of days, have an inquiry, allow experts
to have their say to see whether they've got this right," he told reporters.

"Once we've spent this money, we can't get it back. Once it's gone, it's gone."

The coalition was resolute in its opposition to the package, Liberal frontbencher …

Quova Releases Data Module


Wireless News
06-08-2011
Quova Releases Data Module
Type: News

Quova, a Neustar service and provider of IP geolocation, announced the release of a new data module to its existing editions (Silver, Bronze and Gold) available, called User Type.

"The number of possible applications for user type data are about as broad reaching as the number of IP addresses," said Evelyn Dixon, Director Product Management, Quova, in a release.
"For example, a user attempting to complete a financial transaction with behavior profile information indicating that they normally connect from home will raise an alert when the connection is made from a public space like an Internet cafe or library. A violation to free access rights, which are granted to educational institutions, can be detected by identifying individuals who are connecting from home, a business, a public space or any other non- educational organization."

User Type data is available in data file format and through GDS V7.0.1. It is offered as an add-on to current subscriptions.

Quova provides IP intelligence data.

((Comments on this story may be sent to newsdesk@closeupmedia.com))

Copyright 2011 Close-Up Media, Inc. All Rights Reserved.
n/a

NSW:Image released of mystery Belanglo girl


AAP General News (Australia)
12-02-2011
NSW:Image released of mystery Belanglo girl

SYDNEY, Dec 2 AAP - Police hope that a black and white facial impression of a young
woman will spark someone's memory and reveal the identity of remains found in the Belanglo
State Forest last year.

A group of trail-bike riders found a human skull and what looked like leg bones lying
near a log at Dalys Waterhole on August 29, 2010 in the same forest where Ivan Milat murdered
seven backpackers in the 1990s.

But Australia-wide inquiries by Strike Force Hixson had failed to reveal her identity,
Homicide Squad Commander Detective Superintendent Michael Willing said on Friday.

"No one has ever reported this teenage girl or young woman missing, but someone must
know who she is," he said in a statement.

Police believe she could have been aged anywhere between 13 and 25 when she died, and
that her remains had been in the forest anywhere between six months and a decade.

The image, released on Friday, is a facial approximation based on examinations of the skull.

"We're hoping someone might remember her as being a friend or a neighbour, or even
someone they recognise as having been a member of their local community," Detective Superintendent
Willing said.

Forensic analysis suggested her hair was about the length shown in the image, but her
hairstyle could have been different, he said.

Police have re-released the illustration of a short-sleeved T-shirt found near the
remains: it features the word "Angelic" in pink text, surrounded by a rose and a heart
with angel wings.

The T-shirt was sold in NSW and other parts of Australia from about 2000 to 2005 but
is no longer available, police said.

The discovery of the remains last year sparked renewed concerns from the local community,
who suspected the forest had been used as a dumping ground for other possible victims
of Milat.

Police are asking anyone with information that could help them identify the teenage
girl or young woman to contact Crime Stoppers on 1800 333 000.

AAP lcf/jjs/tab

KEYWORD: BONES (PICS AND VIDEO AVAILABLE)

� 2011 AAP Information Services Pty Limited (AAP) or its Licensors.

Main stories in Wednesday's AM program


AAP General News (Australia)
03-17-2011
Main stories in Wednesday's AM program

SYDNEY, March 17 AAP - Main stories in Wednesday's AM program:

* Heavy snowfall across Japan's quake-affected northern region is making life increasingly
difficult for rescue crews and survivors, with roads closures and massive fuel shortages
forcing people to remain huddled together in temporary shelters as they await assistance.

* The US nuclear body says the spent fuel rods in reactor four of the crippled Fukushima
nuclear power plant north of Tokyo are now completely exposed, meaning significant levels
of radiation are most likely being released into the air.

* Confidence in Japan's response to its nuclear crisis has dropped even further as
the head of the International Atomic Energy Agency leaving for Japan to find out what's
going on.

* For Australian expatriates living in Tokyo the urge to leave is mounting as pressure
builds on electricity supplies, petrol and even water.

* Qantas is continuing normal flights into Tokyo but air crews are not staying on the
ground and are instead moving on to Hong Kong.

* Prime Minister Julia Gillard says if parliament does not introduce a price on carbon
this year it will miss its opportunity to make a transition to a clean-energy economy.

* Libyan warplanes have bombed a military airport in the rebel stronghold of Benghazi
as fierce fighting continues in the strategic town of Ajdabiya.

* Thirty-one Australians have been arrested in what international police say was the
world's largest internet pedophile ring.

* An international survey on alcohol consumption has found drinking it having a wide
range of detrimental effects on Australian women.

AAP nep/rl

KEYWORD: MONITOR AM PROGRAM

� 2011 AAP Information Services Pty Limited (AAP) or its Licensors.

VIC:Ration packs saved $40,000: Vic inquest


AAP General News (Australia)
12-07-2010
VIC:Ration packs saved $40,000: Vic inquest

By Michelle Draper

MELBOURNE, Dec 7 AAP - Senior army officials recommended a Melbourne college feed students
ration packs on cadet camps, saving the school almost $40,000, an inquest into the allergy
death of a student has been told.

Scotch College teacher Tony Glover told the inquest into the death of 13-year-old Nathan
Francis that ordering the ration packs would save costs and allow students to experience
army life.

Nathan died after eating beef satay from a ration pack on a cadet camp in the Wombat
State Forest on March 30, 2007, despite providing medical documents noting he had a peanut
allergy and should avoid all nuts.

Mr Glover, the commander-in-chief of the cadet camp at the time, said senior defence
personnel recommended the ration packs to the school, which subsequently requested the
meals.

"Senior people in the cadet corps were insisting that we accepted ration packs," Mr
Glover told the inquiry on Tuesday.

"And, therefore, because the food and rations were highly recommended by senior people
in the army, there was no other reason for me to think otherwise."

Mr Glover said a colonel "strongly suggested we accept ration packs to cost save and
to give the students more of an experience of army lifestyle".

He agreed with counsel for Nathan's parents, Paul O'Dwyer SC, that obtaining the packs
free from the army saved $39,000.

But, he said, it was not just about saving money. It was to give students a taste of
army life and to keep school fees down.

"It was important not to offload the expenses onto the parents who were already paying
fees," Mr Glover said.

"It seemed sensible.

"I thought they were safe and appropriate."

The ration packs were banned from camps after the incident, the inquest heard.

Mr Glover agreed with coroner Audrey Jamieson that teachers were not required to eat the rations.

Mr Glover, who reached the rank of lieutenant colonel in the army and had been commander
of the cadet camps since 1998, said he had never eaten from a ration pack.

He said he consumed a cooked meal on the Thursday night before Nathan's death.

People with allergies are barred from joining the army, the inquest also heard.

Scotch College has introduced a range of measures since the incident to better deal
with students' allergies, including meeting with parents of affected students and requiring
those pupils to supply their own food and cooking utensils, the inquest was told.

The inquiry is primarily examining the role of Scotch College and Ambulance Victoria
response times in relation to Nathan's death.

An investigation into the role of the Australian Defence Force resulted last June in
a Federal Court ruling that the army pay a $210,100 penalty over Nathan's death.

The inquest is continuing.

AAP md/pmu/jhp/cdh

KEYWORD: FRANCIS WRAP

� 2010 AAP Information Services Pty Limited (AAP) or its Licensors.

GEORGE SOROS BECAME NO. 3 SHAREHOLDER OF ALIBABA.COM


AsiaInfo Services
05-17-2010
George Soros Became No. 3 Shareholder of Alibaba.com

HANGZHOU, May 17, 2010 (SinoCast Daily Business Beat via COMTEX) -- George Soros, founder of Soros Fund Management, LLC, made an investment in Alibaba.com Ltd. (SEHK: 1688) last year, becoming the third-biggest shareholder of the Chinese e-commerce giant, said David Wei, chief executive officer for the Hong Kong-listed company.

Mr. Soros invested in Alibaba.com in the third quarter of 2009, said Mr. Wei at an annual shareholder meeting, without specifying the size of the investment, or disclosing whether the billionaire investor ranked third among all the Alibaba.com shareholders or among the non-institutional shareholders.

Alibaba.com, which runs the country's biggest online business-to-business (B2B) platform, is 73% owned by its biggest shareholder Alibaba Group. An affiliate of Morgan Stanley (NYSE: MS) takes 1.5% of the holdings in Alibaba.com, and each of the other shareholders get not more than 0.36% of the company.

Alibaba.com unveiled its financial report for the first quarter of 2010 last Thursday, saying that the results it achieved was the best in a year.

Source: www.ittime.com.cn (May 17, 2010)

KEYWORD: HANGZHOU INDUSTRY KEYWORD: Internet & Online Services & Media SUBJECT CODE: Internet & Online Services
E-commerce
SinoCast China Business Daily news
investment
shareholder
holdings
size
shareholder meeting
results
financial report

Copyright 2010 AsiaInfo Services (via Comtex). All rights reserved

Fed: Diversity rules Aussie music in 2009


AAP General News (Australia)
12-17-2009
Fed: Diversity rules Aussie music in 2009

By Alyssa Braithwaite, National Entertainment Writer

SYDNEY, AAP - Aussie music was all about diversity in 2009.

Among the most talked about, successful and highest selling homegrown music acts were
an electro pop duo, an R&B-flavoured former Australian Idol, a white soul singer based
in New York, a four-piece rock band that has been compared to U2, and a critically-acclaimed
singer with a growing penchant for Bjork-esque stage wear.

Empire of the Sun, Jessica Mauboy, Daniel Merriweather, The Temper Trap and Sarah Blasko
are just some of the varied artists 2009 will be remembered for.

It was a year in which female artists were strongly represented, including Lisa Mitchell,
Kate Miller-Heidke, Ladyhawke, Blasko and Mauboy.

Rock bands like Powderfinger, Jet, Wolfmother and Eskimo Joe all released new albums,
but in the class of 2009 it was the newer names that stood out.



Empire of the Sun:

Just as The Presets dominated 2008, this year Empire of The Sun was the dance act that
got us moving.

The duo of Luke Steele and Nick Littlemore (who has all but left the band now), formed
in 2007, and released their debut album Walking On A Dream in October last year.

The first single of the same name was a huge summer hit, and the album has gone platinum.

They have made waves in the UK as well, gaining fourth position on the BBC's annual
Sound of Music poll 2009, and picking up fans in the US and Europe.

Empire Of The Sun's first live performances were at the Parklife festival held around
the country in September and October.

At the ARIA Awards in November, Empire Of The Sun picked up four awards for album of
the year, single of the year, best group and best pop release.

And if Luke Steele's victory speech is anything to go by, Empire Of The Sun's reign
is only just beginning.

"In the words of George Harrison: here comes the sun," he said.



Jessica Mauboy:

Jessica Mauboy looks like she's on her way to being our most successful Australian Idol graduate.

The 20-year-old singer from Darwin finished runner-up on the Network Ten singing contest
in 2006, and has been building her career since.

In 2009, she broke through.

When the ARIA Awards rolled around, Mauboy had the leading number of nominations, up
for seven gongs including top honours such as best female artist, best pop release and
breakthrough artist in the album and single categories.

She walked away with just one gong, a non-peer voted award for highest selling single,
for her track Running Back.

But the ever-positive Mauboy said she didn't feel bad and was just thrilled to perform
at the bash.

A couple of weeks later she was celebrating her first film role in the Aboriginal musical
comedy Bran Nue Dae (released on January 14), with her performance described as "splendid"

in an early review.



Sarah Blasko:

Sydney singer Sarah Blasko released her third studio album, As Day Follows Night, in July.

It reached number five in the album charts, and received five ARIA nominations.

Blasko picked up the best female artist gong, as well as Triple J's J Award for Australian
album of the year.

The accolades are unlikely to end there for her.

She is being tipped as a real contender to take out the Australian Music Prize.

The album is slated for a European release from next March.

The Temper Trap:

The Melbourne four-piece, now based in London, has been catapulted from little-known
indie band to multiple ARIA nominee, and one of the buzz bands of 2009.

The band impressed at the influential South By SouthWest festival in March, and backed
up the hype with the release of its debut album Conditions in June.

The single Sweet Disposition went to number six in the UK and was featured in the hit
film 500 Days of Summer.

Recognised with four ARIA nominations, the band failed to turn them into trophies on
the night, but its popularity is set to swell with a string of festival performances in
the summer.

Early in 2010 the Temper Trap will tackle the US, with a seven-week tour.

Lisa Mitchell:

Another Australian Idol contestant made good, Lisa Mitchell released her album Wonder
in July, three years after being a contestant on the TV singing competition.

The album debuted at number three on the album charts, went gold and saw her nominated
for three ARIA awards.

Her songs have been picked up and used in advertisements in countries like the UK and Canada.

In October, she was selected to perform He's My Blonde Headed, Stompie Wompie, Real
Gone Surfer Boy when Patricia "Little Pattie" Amphlett was inducted into the ARIA Hall
of Fame.

She will kick off the new year with a slot in the Big Day Out festival.

Daniel Merriweather:

Melbourne singer Daniel Merriweather found fame and success internationally before
he had made much of a mark in Australia.

His debut album Love & War was produced by Mark Ronson, went to number two in the UK,
and he is now based out of New York.

When Merriweather returned to Australia this year to promote his album, it was overshadowed
by the sudden death of Michael Jackson.

But at the ARIA Awards in November Merriweather beat better known singers such as Josh
Pyke, Bob Evans and Something For Kate's Paul Dempsey to be named the best male artist
of 2009.

"I have been working on my music for the good part of 10 years now, and it's amazing
to come back to Australia and be able to do it back here," he said.

Expect to hear more from Merriweather in the coming year.

Some of the biggest recording artists in the world visited our shores in 2009.

Beyonce shook her booty, Britney Spears lip-synched her way around the country, and
Pink played so many shows she was almost an honorary Australian.

Others who entertained us included Grace Jones, Pearl Jam, Lady GaGa, Leonard Cohen,
the Flaming Lips, Aimee Mann, Bon Iver, Fleetwood Mac, Tori Amos, Keith Urban, Chris Isaak
and Mika.

To come in 2010:

- Expect an album from a new unnamed "super group" featuring Eskimo Joe's Kav Temperley,
Josh Pyke, Bob Evans and Steve Parkin.

- Art vs Science have become festival and live favourites over the past 12 months,
an album is in the works.

- Erika Heynatz' debut album Erika will be released, with the first single Kingdom
due out in February.

- Empire of The Sun's Luke Steele has hinted there might be a new album from his other
band The Sleepy Jackson on the way in 2010.

- Kate Ceberano will team up with Irish singer Ronan Keating for her new record.

- Alex Lloyd is making a return to music after his Celebrity MasterChef experience.

- INXS is trying out a different sound on the band's upcoming record.

- Howling Bells have already started writing their third studio album, and want to
release it before the end of the year.

- Silverchair is working on a new album due out in 2010, with frontman Daniel Johns
experimenting with synths.

Also, expect tours by George Michael, AC/DC, Whitney Houston, Pixies, Them Crooked
Vultures, Yeah Yeah Yeahs, Taylor Swift, Ronan Keating, Mumford and Sons, The Mars Volta,
La Roux, Lady GaGa, James Taylor, Florence and the Machine, and Diana Krall.

AAP acb/srp/cdh

KEYWORD: YEARENDER MUSIC

2009 AAP Information Services Pty Limited (AAP) or its Licensors.

QLD: Bikies tackle major issues today


AAP General News (Australia)
08-09-2009
QLD: Bikies tackle major issues today

Delegates at the Australian Motorcycl Council conference in Brisbane today will turn
their attention to anti-bikie gang legislation.

At the opening of the two-day meeting yesterday .. 21 delegates discussed road safety
among other issues.

But Australian Motorcycle Council chairman SHAUN LENNARD says they'll now focus on
new laws aimed at outlaw bikie gangs introduced in New South Wales .. which have also
been flagged in Queensland.

The conference comes days after two bikie gang members addressed the National Press
Club in Canberra .. and Mr LENNARD says discussion about anti-bikie laws has clouded other
issues like road safety .. that they've been working on.

AAP RTV dac/wz/rt

KEYWORD: BIKIES QLD (BRISBANE)

2009 AAP Information Services Pty Limited (AAP) or its Licensors.

Vic: Two men shot in brawl


AAP General News (Australia)
02-14-2009
Vic: Two men shot in brawl

Two men were shot during a brawl in Melbourne's north last night.

Police say a fight broke out between two groups .. where one man produced a gun and
shot two men from the other group in Sunbury.

A 19-year-old man was shot to the left side of his face .. and a 20-year-old man received
a gunshot wound to his left hand .. neither of whom suffered life threatening injuries.

Three men are in police custody.

AAP RTV mok/af

KEYWORD: BRAWL (MELBOURNE)

2009 AAP Information Services Pty Limited (AAP) or its Licensors.

NSW: Electricity vote may decide future of party leaders


AAP General News (Australia)
08-26-2008
NSW: Electricity vote may decide future of party leaders

A parliamentary vote on the future of NSW's electricity sector this week could also
decide the political fates of the premier and opposition leader.

Premier MORRIS IEMMA has recalled parliament a month early .. for two sitting days
on Thursday and Friday .. to vote on his multi-billion dollar sell-off proposal.

But polls show the majority of NSW residents .. as many as 86 per cent .. oppose the sale.

Mr IEMMA may need opposition support to get his legislation through parliament .. with
some Labor MPs in both houses threatening to cross the floor to defeat the bill.

Opposition Leader BARRY O'FARRELL isn't expected to make a final decision on which
way he'll vote until a joint party meeting on Thursday.

AAP RTV kaj/evt/crh

KEYWORD: ELECTRICITY (SYDNEY)

2008 AAP Information Services Pty Limited (AAP) or its Licensors.

Vic: Judge bans TV piece tonight on gangland war


AAP General News (Australia)
04-21-2008
Vic: Judge bans TV piece tonight on gangland war

MELBOURNE April 21 AAP - Another television piece relating to Melbourne's gangland
war has been banned by the same judge who stopped the Nine Network drama Underbelly.

Victorian Supreme Court judge Betty King has banned an on-air showdown which had been
planned for tonight on the Seven Network between Judy Moran and Barbara Williams, the
mothers of the leading identities in the gangland war.

Carl Williams is serving 35 years in jail for the murder of Jason Moran and his father
Lewis Moran.

Justice King imposed an interim order stopping the interview going to air on Seven's
Today Tonight until 4.15pm tomorrow when she will have further discussions about the program.

She made her decision after viewing the segment in court this afternoon.

Justice King banned the broadcast in Victoria of Underbelly until the completion of
the current trial of Evangelos Goussis, who has pleaded not guilty to shooting Lewis Moran
in the Brunswick Club in Melbourne in March 2005.

"Being the queen of banning things, it is, obviously, my role," Justice King told the
trial's jury today before imposing the ban.

"If it is on, I urge you not to watch it - it's Mrs Williams and Mrs Moran.

"I don't know what's in it, but I don't imagine it's going to be edifying or pleasant
or anything else - one thing it is not going to be, it is not going to be relevant."

She said the two women will have strong opinions and won't be hesitant in voicing them.

She told the jury that if members of their family or friends watch it, they should
not talk to them about it.

"I do wonder about the timing, but that's a matter I have to deal with," she said.

AAP jxt/pmu/jfm/jlw

KEYWORD: GOUSSIS TV LEAD

2008 AAP Information Services Pty Limited (AAP) or its Licensors.

Vic: Murray-Darling off COAG agenda, ok: Brumby


AAP General News (Australia)
12-17-2007
Vic: Murray-Darling off COAG agenda, ok: Brumby

Victorian Premier JOHN BRUMBY says he's happy to let the Murray-Darling Basin take
a back seat to health .. education and climate change when state and federal leaders meet
on Thursday.

While KEVIN RUDD says there'll be lots to talk about at Thursday's COAG meeting ..

the Murray Darling Basin won't form part of the discussions about water.

But the PM's promised to hold one-on-one talks with each of the state premiers .. to
nut out their concerns about the federal government's water reform package.

Mr BRUMBY says he's spoken to Climate Change Minister PENNY WONG .. and the issue will
be discussed in the new year.

AAP RTV cmb/pmu/tm/jec/

KEYWORD: COAG BRUMBY (MELBOURNE)

2007 AAP Information Services Pty Limited (AAP) or its Licensors.

Fed: Aussies athletes free to express opinions: AOC head


AAP General News (Australia)
08-06-2007
Fed: Aussies athletes free to express opinions: AOC head

The Australian Olympic Committee says Australia's athletes at the Beijing Olympics
will be allowed to express their opinions on issues sensitive to China.

Reports in Fairfax newspapers say AOC chief JOHN COATES is denying athletes will be
stopped from speaking .. on issues like China's human rights record or Tibet's independence.

Mr COATES says the AOC's guidelines limit athletes to commenting only on their own
performance and not on that of others .. but they're all entitled to have their own opinion
and to express it.

AAP RTV cdh/ao/af

KEYWORD: OLY OPINIONS (SYDNEY)

2007 AAP Information Services Pty Limited (AAP) or its Licensors.

NSW: Muslim cleric sues Sydney paper over terrorist accusations


AAP General News (Australia)
02-12-2007
NSW: Muslim cleric sues Sydney paper over terrorist accusations

A muslim cleric .. who's suing The Daily Telegraph over a series of articles linking
him to terrorists .. has made his first court appearance.

Cleric ANWAR AL BARQ was the centre of controversy in 2005 .. after the NSW Department
of Corrective Services banned him from working as a prison chaplain.

It followed a discovery he had been using a false name to conceal his criminal record
.. which included periods in jail in both the United States and Australia.

But in three newspaper articles published on November 16 .. 17 and 18 of that year
.. the Sydney paper claimed he had links to some of the world's most dangerous terrorist
groups.

It also reported he was in regular contact with two former inmates .. who were facing
trial in Jordan for an alleged terror attack.

Mr AL BARQ's lawyer .. Barrister CLIVE EVATT .. says the series of articles contained
inflammatory allegations against his client.

Mr EVATT says it's up to the four person jury to decide whether the articles had injured
Mr AL BARQ'S reputation in the community and as a cleric.

The hearing continues.

AAP RTV ab/klw/nc/bart

KEYWORD: AL BARQ (SYDNEY)

2007 AAP Information Services Pty Limited (AAP) or its Licensors.

2UE 0600 (AEST) Headlines


AAP General News (Australia)
08-26-2006
2UE 0600 (AEST) Headlines

- The Federal government's eight billion dollar Telstra sell off has been dubbed a
mistake by the National's Barnaby Joyce

- Billions of extra litres of water to be taken from Shoalhaven river

- The federal government admits it's powerless of outlawing an extremist group which
is calling for the destruction of Israel

- European nations have committed around half of troops for a peace force for Lebanon

- A Sydney man's been charged with firearm and drug offences after a raid at Bradbury

- Private school teachers across the state will be paid according to their performance

AAP RTV cp

KEYWORD: 2UE 0600 (AEST)

) 2006 AAP Information Services Pty Limited (AAP) or its Licensors.

Qld: Three tender for $1.6 bln Gateway duplication


AAP General News (Australia)
04-19-2006
Qld: Three tender for $1.6 bln Gateway duplication

Three tenders have been made for the 1.6 billion dollar Gateway Bridge project in Brisbane
.. including one from overseas.

The project will see a duplicate Gateway Bridge built alongside the existing Brisbane
River toll-road crossing .. and an extra 20 K's of motorway widened .. the biggest capital
works project ever commissioned in Queensland.

The tenderers include Leighton-Abigroup joint venture .. the Thiess-Baulderstone Hornibrook
joint venture .. and the Coastlink consortium.

A decision on the winning tenderer is expected in September.

AAP RTV nt/sc/cp/tm

KEYWORD: GATEWAY (BRISBANE)

2006 AAP Information Services Pty Limited (AAP) or its Licensors.

Monday, February 27, 2012

Fed: Aust police involved in child abuse probe - Downer


AAP General News (Australia)
04-12-2005
Fed: Aust police involved in child abuse probe - Downer

CANBERRA, April 12 AAP - Australian police helped their Indonesian counterparts investigate
two cases of alleged child sex abuse at Bali holiday resorts, Foreign Minister Alexander
Downer said today.

Mr Downer has come under attack for his failure to support a request by the families
of the Australian children and his cabinet colleague Chris Ellison that the hotels in
question be listed on travel warnings by the Department of Foreign Affairs and Trade.

In a statement, Mr Downer hit out at suggestions that he had ignored the issue as wrong
and grossly misleading.

"Of the two cases of alleged child abuse in Bali hotel child care centres ... the Australian
Federal Police co-operated with their Indonesian counterparts on both investigations,
neither of which has led to charges being laid.

"The investigations never established who was responsible for the abuse."

MORE so/sb/sp

KEYWORD: RESORTS DOWNER AFP

2005 AAP Information Services Pty Limited (AAP) or its Licensors.

NSW: Investors running scared amid crumbling housing market


AAP General News (Australia)
12-15-2004
NSW: Investors running scared amid crumbling housing market

SYDNEY, Dec 15 AAP - Sydney home sales are at their lowest level in 15 years and prices
have fallen significantly to match the slump.

The Sydney Morning Herald today reported the number of listed spring auctions fell
by almost 50 per cent, and spring sales were the lowest since 1988, excepting the Olympics
year.

House prices fell by 15 per cent this year.

Real Estate Institute NSW president Rowan Kelly told the paper the change signalled
a return to a consumer-driven housing market.

Housing Industry Association figures showed that since the NSW government introduced
an investment property tax in June, there been 3000 fewer investors a month.

Investment property spending had dropped from $3 billion a month in 2003 to $2.1 billion
a month this year.

A Housing Industry Association senior economist told the newspaper the tax had affected
the industry.

"There is certainly no shortage of anecdotal evidence that the investment exit tax
had an immediate and significant negative impact on the Sydney market," the economist
said.

AAP tam/was

KEYWORD: HOUSING

2004 AAP Information Services Pty Limited (AAP) or its Licensors.

edge briefs.(Company Business and Marketing)

Marconi reached a deal to buy Mariposa Technology, a maker of ATM-based integrated access devices (IAD), for $268 million. The deal will give Marconi IADs that sort customer traffic by priority and place it on a single link from customer sites to service-provider networks. Marconi and Mariposa together plan to develop an IAD that supports DSL. Marconi also plans to have its IADs, including its current IP-based devices, managed by its ForeThought software. Marconi was already reselling some Mariposa gear under an OEM agreement announced in May.

RC Networks, a vendor of in-building DSL gear, announced that service provider Edge Connections has chosen the vendor's RC8000 symmetric DSL (SDSL) access concentrators and RC2000 premise devices. Edge Connections of Atlanta plans to install DSL service for business customers in multitenant buildings in 24 markets. The RC8000 runs SDSL from common areas of buildings to tenants over regular telephone wires, supporting voice, video, frame relay and ATM as well as Internet access.

RC Networks: www.rcnets.com

Convergent Networks announced that its ICS2000 broadband voice switch will be deployed by Chicago competitive local exchange carrier Focal Communications. Convergent says Focal chose the ICS2000 broadband switch to cap its investment in traditional local telephony circuit switches and to accommodate growth in dial-up modem traffic. The ATM-based ICS2000 is designed for interworking between circuit and packet networks, and is expected to let Focal offer voice over DSL.

Convergent: www.conver

gentnet.com

Sunday, February 26, 2012

Coyote Network Systems to Take 19% Stake in DTA Communications Network; Markets International Long Distance Services to Carriers/Enterprises.

WESTLAKE VILLAGE, Calif., Oct. 19 /PRNewswire/ -- Coyote Network Systems, Inc. (OTC Bulletin Board: CYOE) today announced it has signed a letter of intent to take a 19% equity position in DTA Communications Network, a facilities-based provider of wholesale international long distance services, primarily to India, Pakistan, Bangladesh, and Caribbean markets.

Under terms of the agreement, Coyote will pay $1,400,000 in equal amounts of cash and Coyote Network Systems common stock in exchange for 19% of the shares of DTA Communications Network. In addition, Coyote Network Systems will be granted an option to increase its position in DTA Communications Network on a formula based on earnings growth. The agreement is subject to various closing conditions and is expected to close by the end of this quarter.

"DTA Communications Network is positioned to take advantage of new opportunities in the international long distance marketplace," said Robert J. Donahue, president and chief executive officer, DTA Communications Network. "Our relationship with Coyote will enable us to be more cost competitive by sharing facilities and better carrier pricing."

"Our strategy for growth is to model the best of the international long distance carrier initiatives that provides for high growth and domestic reach and to complement that effort with affinity-based services," said Daniel W. Latham, president and chief operating officer, Coyote Network Systems. "We are leveraging our core switching technologies in the international long distance and affinity-based service businesses. We expect to realize synergies and cost savings by interconnecting local carriers with domestic and international long distance providers. We look forward to our relationship with DTA Communications Network."

About DTA Communications Network

DTA Communications Network markets international long distance services to other U.S.-based carriers, pre-paid debit card companies, Telecom Reseller Association facilities-based carriers, switchless resellers, Fortune 500 companies, and financial institutions. DTA Communications Network has international gateway switching facilities in New York, Los Angeles and Miami and a point of presence in Houston. DTA Communications Network is cost- competitive in the U.S. market due to satellite and fiber optic back-haul agreements and offers competitively priced high quality telecom services to a number of international locations. DTA Communications Network is fully licensed by the FCC.

About Coyote Network Systems

Headquartered in Westlake Village, CA, Coyote Network Systems (CNS) provides telecom equipment and network services that enable and deliver local, long distance and Internet services. Coyote Technologies provides scalable Class 4/5 telecom switches and IP (Internet Protocol) gateway systems. Headquartered in Houston, TX, American Gateway Telecommunications provides international long distance services to carriers. Headquartered in Los Angeles, CA, Interactive Network Systems markets international long distance services to more than 17,000 customers, primarily to French and Japanese affinity groups. CNS is authorized to provide competitive local exchange carrier (CLEC) services in California. For more information, please visit the Company's Web site: http://www.cyoe.com, or call 1-818-735-5312.

The statements in this news release may be considered "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to be materially different from any future performance suggested in this news release. Such factors include, but are not limited to, actual and potential competition, risks associated with consolidation in the industry and with international expansion, general and economic conditions, the need to manage growth, and certain product, technology and regulatory risks. For more information, please refer to the Company's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

McAfee to Appoint Michael DeCesare and Todd Gebhart as Co-Presidents.

President David DeWalt Announces Intent to Resign

SANTA CLARA, Calif. -- McAfee today announced that it is creating an office of the president. By Q3 2011 Michael DeCesare and Todd Gebhart will assume the role of co-presidents, reporting directly to Renee James, Intel senior vice president and group general manager and chairman of McAfee subsidiary. DeCesare is currently executive vice president for global operations, and Gebhart is executive vice president and general manager, consumer, mobile and small business at McAfee.

McAfee also announced the resignation of President David DeWalt, who will continue as a non-employee member of the McAfee Board of Directors after serving the role of president for more than four years. As a director, he will provide strategic guidance and counsel to the more than 6,500 security experts that today comprise the world's largest dedicated security company as well as the global customer base.

"With the formation of the office of the president, we have two proven executives with long histories of accomplishment and leadership at McAfee," said James. "Intel continues to be very pleased with McAfee's performance in terms of both sales and innovation since the acquisition was announced last year. I appreciate Dave's many contributions to the company and look forward to continuing to work with him on the McAfee Board of Directors. We anticipate a smooth transition and I am confident that the incredibly talented people of McAfee will remain focused on innovation, delivering products and services that help make connecting to the digital world safer and more secure."

DeCesare joined McAfee in 2007 and most recently has been responsible for leading global operations, including manufacturing, facilities, travel and information technology, as well as worldwide sales, channels, sales engineering, consulting services and education services. Since joining McAfee in 2007, DeCesare has continued to fortify the expansion of McAfee sales around the globe, which has resulted in multiple quarters of double-digit revenue growth. He leads a team of more than 2,000 employees and is a critical driver in creating and executing the company's sales strategy.

Gebhart joined McAfee in 1999. His most recent role was developing and executing the partnership, retail and direct web sales strategy for the global expansion of the consumer, mobile and small business units. Under his leadership, the McAfee global consumer business achieved record sales and established significant partnerships with many leading PC makers, Internet service providers, telecommunications companies and financial services companies.

"I'll be leaving McAfee in great hands," said DeWalt. "We had strong results, a record quarter and a great pipeline of innovation. We have a very strong foundation for the second half of 2011 and I look forward to serving on McAfee's Board of Directors."

About McAfee

McAfee, a wholly owned subsidiary of Intel Corporation (NASDAQ:INTC), is the world's largest dedicated security technology company. McAfee delivers proactive and proven solutions and services that help secure systems, networks, and mobile devices around the world, allowing users to safely connect to the Internet, browse and shop the Web more securely. Backed by its unrivaled Global Threat Intelligence, McAfee creates innovative products that empower home users, businesses, the public sector and service providers by enabling them to prove compliance with regulations, protect data, prevent disruptions, identify vulnerabilities, and continuously monitor and improve their security. McAfee is relentlessly focused on constantly finding new ways to keep our customers safe. http://www.mcafee.com

NOTE: McAfee is a registered trademark or trademark of McAfee or its subsidiaries in the United States and other countries. Other names and brands may be claimed as the property of others.

General Dynamics to Purchase Fortress Technologies.

General Dynamics announced that it has entered into a definitive agreement to acquire Fortress Technologies, Inc., a provider of secure wireless networking equipment for the U.S. military and other government customers.

According to a release, the acquisition has been approved by the boards of directors of both companies and is subject to normal regulatory review. General Dynamics expects the transaction to be completed in the third quarter of 2011.

Fortress Technologies will be managed by General Dynamics C4 Systems, which is based in Scottsdale, Ariz. General Dynamics C4 Systems designs, manufactures and delivers trusted and secure communications systems, command and control systems and operational hardware to customers within the U.S. Department of Defense, the intelligence community and federal civilian agencies, and to international customers.

"Fortress Technologies successfully delivers commercially developed, commercially priced secure Wi-Fi/WiMAX networking capabilities that extend the reach of our current broadband tactical-internet offerings," said Chris Marzilli, president of General Dynamics C4 Systems. "Our high-priority military and civilian users require cyber-protected access to 4G internet services. Fortress effectively provides them with highly secure 'hot spots' downrange over the last tactical mile."

"This acquisition will enhance General Dynamics' ability to meet the growing tactical-communications requirements of global defense and civilian agencies, bringing new value to our advanced networking solutions. Fortress Technologies also will continue its current model of selling products to other DoD prime contractors and integrators," Marzilli said.

Fortress Technologies is a wireless-technology provider for the Combat Service Support Automated Information System Interface (CAISI) system, the Army's only certified tactical wireless LAN.

More Information:

www.fortresstech.com

((Comments on this story may be sent to newsdesk@closeupmedia.com))

Telemark Voice of the Customer report: Orange Business Services gets highest attainable rating from its customers.(Company overview)

named "World Class" global data VPN provider for 10th consecutive time

PARIS -- Orange Business Services attained the accolade World Class for the 10th consecutive time and gets the highest attainable rating, based on the Telemark data VPN Voice of the Customer report. It is the only operator to exceed the resilience target in the top quadrant of the Telemark crystal ball.

Based on the Telemark data VPN Voice of the Customer report, Orange Business Services received accolades for successfully outperforming rivals significantly in four key areas: long-term relationship; secure data transfer; geographical reach end-to-end; and billing at cost center.

The Telemark report illustrates that Orange Business Services:

* delights customers in nine key areas;

* has the wow factor;

* has committed customers;

* is the only operator offering outstanding geographical reach; and

* sets a new world record in cost center billing.

Attaining the highest attainable rating and meriting the Gold Award is based on an "Outstanding" customer rating in the following categories:

* indispensable to customers

* network availability

* secure date transfer

* network reliability

* geographical reach end to end - still the only provider to offer "Outstanding" geographical coverage

* installation not disrupting

* support in local language

* bills in currency of choice

* billing at cost center

According to Janet Watkin, director at Telemark: "By independently measuring the customer experience against benchmarks ranging from acceptable to outstanding buyers of wide area networks are able to compare and contrast the various global service providers on many aspects of service from bid to bill. The results of Telemark's comprehensive study once again illustrates that the service quality, experienced by Orange Business Services customers, is rated world class."

"This Telemark ranking is a great recognition of our commitment to customer satisfaction," said Dominique Espinasse, Senior Vice President, Customer Services & Operations, Orange Business Services. "Ensuring them with an outstanding customer experience is one of our top five corporate priorities and all of the Orange employees embrace a culture of service excellence and continually look for ways to simplify our customers' lives. We will continue gaining and sustaining customer loyalty by building trustworthy relationships and leveraging best practices that maximize the business value of our services."

Telemark'sdata VPN Voice of the Customer report is based on data from 956 interviews conducted between January 2010 and December 2010.

About Telemark Services

Telemark is an established marketing services firm offering OCEAN (Outstanding Customer Experience, Analysis and News), consultancy, publications and online analysis with proven expertise in measuring customer satisfaction, competitive analysis, benchmarking, trend analysis, channel management, new product development, demand estimates, branding, tariff analysis, and business strategy, exclusively within the telecommunications and ICT sectors. Telemark is often the first-choice supplier for many organisations with a requirement for international market research and analysis covering emerging technologies such as VoIP, ICT convergence and hosting applications. For more information, please visit www.telemarkservices.com or email info@telemarkservices.com

About Orange Business Services

Orange Business Services, the France Telecom-Orange branch dedicated to B2B services, is a leading global integrator of communications solutions for multinational corporations. With the world's largest, seamless network for voice and data, Orange Business Services reaches 220 countries and territories with local support in 166. Offering a comprehensive package of communication services covering cloud computing, enterprise mobility, M2M, security, unified communications, videoconferencing, and broadband, Orange Business Services delivers a best-in-class customer experience across a global landscape. Thousands of enterprise customers and 1.4 million mobile data users rely on an Orange Business Services international platform for communicating and conducting business. Orange Business Services is a four-time winner of Best Global Operator at the World Communication Awards. Learn more at www.orange-business.com

France Telecom-Orange is one of the world's leading telecommunications operators with 170,000 employees worldwide, and sales of 11.2 billion euros in the first quarter 2011. Orange is the Group's single brand for Internet, television and mobile services in the majority of countries where the company operates. France Telecom (NYSE:FTE) is listed on Euronext Paris (compartment A) and on the New York Stock Exchange.

Orange and any other Orange product or service names included in this material are trade marks of Orange Brand Services Limited, Orange France or France Telecom.

A REPORT ON THE SENATE'S LEGISLATIVE WEEK OF MAY 9TH MANDATE RELIEF BILLS RECEIVE SENATE SUPPORT.

HARRISBURG, PA -- The following information was released by the Pennsylvania State Senate, State Senator Jane Orie (R):

Many concerns expressed by local school officials involve state mandates. In response to those concerns, Senate Republicans introduced a legislative package earlier this year intended to relieve schools of costly, onerous and outdated state mandates. Four of those bills were approved by the full Senate this week:

Senate Bill 612 would allow school districts to furlough teachers based on economic reasons to control costs. Currently, if a school district faces a budget shortfall, it would have to eliminate an entire program, rather than furlough a teacher. Teacher seniority would be respected.

Senate Bill 857 would repeal an obsolete mandate requiring schools to use increases in basic education funding for new programs or expanding existing programs.

Senate Bill 858 would give school districts the option of hiring certificated superintendents (current law) or candidates with a graduate degree in business or finance. The legislation would allow districts to choose from a deeper pool of candidates to find the best person to oversee the education of students and manage the district's finances.

Senate Bill 872 would give school districts more flexibility to determine policies for students participating in dual enrollment programs, where high school students earn credit for college courses. SB 872 removes a requirement for school districts to establish a concurrent enrollment committee and relaxes some state mandates for schools. The legislation would require the school district to work with colleges to develop a mutual agreement on concurrent course selection.

Senate Approves "Safe Schools" Legislation

On Monday, the Senate passed a school safety measure that would establish tougher school hiring policies. Senate Bill 224 would establish a lifetime employment ban for those who have been convicted of serious violent offenses, including sexual violence and crimes against children. The bill would also prohibit anyone convicted of any other felony crime from working in a school setting for at least ten years.

Senate Approves Bill Banning Synthetic Drugs

Recently, we've heard disturbing reports of an evolving trend in our communities involving the use of synthetic drugs, commonly known as "bath salts." Bath salts and synthetic marijuana mimic the effects of powerful drugs and many of these drugs are available over the Internet or from local shops. These drugs are extremely dangerous. On Tuesday, the Senate passed legislation to ban these substances.

Senate Bill 1006 adds Salvia Divinorum, Salvinorin A, Divinorin A, synthetic marijuana, and synthetic cocaine/heroin to the list of Schedule I controlled substances. Salvia Divinorum has been shown to be a powerful hallucinogen. SB 1006 treats these substances the same as other Schedule I Controlled Substances and carries the same penalties as other non-narcotic Schedule I offenses.

Saturday, February 25, 2012

Equinix Reports First Quarter 2011 Results.(Financial report)

* Reported revenues of $363.0 million, a 5% increase over the previous quarter and a 46% increase over the same quarter last year

* Reported adjusted EBITDA of $167.3 million, a 12% increase over the previous quarter and a 43% increase over the same quarter last year

* Increased 2011 annual revenue guidance to greater than $1,525.0 million and increased 2011 adjusted EBITDA guidance to greater than $685.0 million

* Sets target to exceed $2.0 billion in annual revenues in 2013

REDWOOD CITY, Calif. -- Equinix, Inc. (Nasdaq:EQIX), a provider of global data center services, today reported quarterly results for the quarter ended March 31, 2011.

Revenues were $363.0 million for the first quarter, a 5% increase over the previous quarter and a 46% increase over the same quarter last year. Recurring revenues, consisting primarily of colocation, interconnection and managed services were $343.9 million for the first quarter, a 5% increase over the previous quarter and a 45% increase over the same quarter last year. Non-recurring revenues were $19.1 million in the quarter.

"We are extremely pleased with our first quarter results and are well positioned to achieve our 2011 financial objectives. Whether it's cloud computing or mobile and video traffic, Internet growth is propelling demand for Platform Equinix," said Steve Smith, president and CEO of Equinix. "Due to this momentum, we are increasing our expansion investments to provide the capacity required to support greater than $2 billion in revenues, which we expect to achieve in 2013. We have a great opportunity for disciplined investment to meet our customers' need for network-dense, global data center capacity while generating strong returns for our shareholders."

Cost of revenues were $194.6 million for the first quarter, a 1% increase over the previous quarter and a 46% increase over the same quarter last year. Cost of revenues, excluding depreciation, amortization, accretion and stock-based compensation of $72.0 million, were $122.6 million for the first quarter, a 2% decrease from the previous quarter and a 44% increase over the same quarter last year. Cash gross margins, defined as gross profit before depreciation, amortization, accretion and stock-based compensation, divided by revenues, for the quarter were 66%, up from 64% for the previous quarter and unchanged from the same quarter last year.

Selling, general and administrative expenses were $96.2 million for the first quarter, essentially flat over the previous quarter and a 54% increase over the same quarter last year. Selling, general and administrative expenses, excluding depreciation, amortization and stock-based compensation of $23.1 million, were $73.1 million for the first quarter, a 3% increase over the previous quarter and a 58% increase over the same quarter last year.

Restructuring charges were $0.5 million for the first quarter and the previous quarter, which were primarily related to Switch and Data. Acquisition costs were $0.4 million for the first quarter and the previous quarter.

Interest expense was $37.4 million for the first quarter, a 4% decrease from the previous quarter and a 46% increase over the same quarter last year. The Company recorded income tax expense of $11.1 million for the first quarter as compared to an income tax benefit of $2.8 million in the prior quarter and income tax expense of $8.7 million in the same quarter last year.

Net income for the first quarter was $25.1 million. This represents a basic net income per share of $0.54 and diluted net income per share of $0.53 based on a weighted average share count of 46.5 million and 47.2 million, respectively, for the first quarter of 2011.

Adjusted EBITDA, defined as income or loss from operations before depreciation, amortization, accretion, stock-based compensation, restructuring charges and acquisition costs for the first quarter, was $167.3 million, an increase of 12% over the previous quarter and a 43% increase over the same quarter last year.

Capital expenditures, defined as gross capital expenditures less the net change in accrued property, plant and equipment in the first quarter, were $172.5 million, of which $139.8 million was attributed to expansion capital expenditures and $32.7 million was attributed to ongoing capital expenditures. In addition, the Company purchased a building in Paris for cash in March 2011 totaling $15.0 million.

The Company generated cash from operating activities of $115.2 million for the first quarter as compared to $122.9 million in the previous quarter and $99.8 million for the same quarter last year. Cash used in investing activities was $283.8 million in the first quarter as compared to cash provided by investing activities of $17.5 million in the previous quarter and cash used in investing activities of $31.6 million for the same quarter last year. Cash provided by financing activities was $26.1 million for the first quarter, which was primarily related to the proceeds from employee equity awards and draw downs of certain loans payable.

As of March 31, 2011, the Company's cash, cash equivalents and investments were $456.7 million, as compared to $592.8 million as of December 31, 2010.

Company Metrics and Q1 Results Presentation

* A presentation to accompany Equinix's Q1 Results conference call, as well as the Company's Non-Financial Metrics tracking sheet, have been posted on the Investors section of Equinix's web site at www.equinix.com/investors

Business Outlook

For the second quarter of 2011, the Company expects revenues to be in the range of $376.0 to $378.0 million. Cash gross margins are expected to be approximately 65%. Cash selling, general and administrative expenses are expected to be approximately $76.0 million. Adjusted EBITDA is expected to be between $166.0 and $170.0 million. Capital expenditures are expected to be in the range of $220.0 and $240.0 million, comprised of approximately $40.0 million of ongoing capital expenditures and between $180.0 and $200.0 million of expansion capital expenditures. The anticipated results of ALOG are not included in the Company's business outlook at this time.

For the full year of 2011, total revenues are expected to be greater than $1,525.0 million. Total year cash gross margins are expected to range between 65% and 66%. Cash selling, general and administrative expenses are expected to approximate $315.0 million. Adjusted EBITDA for the year is expected to be greater than $685.0 million. Capital expenditures for 2011 are expected to be in the range of $615.0 to $665.0 million, comprised of approximately $115.0 million of ongoing capital expenditures and $500.0 to $550.0 million for expansion capital expenditures. The anticipated results of ALOG are not included in the Company's business outlook at this time.

The Company will discuss its results and guidance on its quarterly conference call on Wednesday, April 27, 2011, at 5:30 p.m. ET (2:30 p.m. PT). A presentation to accompany the call will be available on the Company's website at www.equinix.com/investors. To hear the conference call live, please dial 210-234-8004 (domestic and international) and reference the passcode (EQIX). A simultaneous live Webcast of the call will also be available at www.equinix.com/investors.

A replay of the call will be available beginning on Wednesday, April 27, 2011, at 7:30 p.m. (ET) through May 28, 2011, by dialing 402-998-1022. In addition, the webcast will be available on the company's web site at www.equinix.com/investors over the same time period. No password is required for the replay or the webcast.

About Equinix

Equinix, Inc. (Nasdaq:EQIX) connects businesses with partners and customers around the world through a global platform of high performance data centers, containing dynamic ecosystems and the broadest choice of networks. More than 3,350 enterprises, cloud, digital content and financial companies connect to more than 650 network service providers and rely on Platform Equinix to grow their business, improve application performance and protect their vital digital assets. Equinix operates in 37 strategic markets across the Americas, EMEA and Asia-Pacific and continually invests in expanding its platform to power customer growth.

Non-GAAP Financial Measures

Equinix provides all information required in accordance with generally accepted accounting principles (GAAP), but it believes that evaluating its ongoing operating results may be difficult if limited to reviewing only GAAP financial measures. Accordingly, Equinix uses non-GAAP financial measures, such as adjusted EBITDA, cash cost of revenues, cash gross margins, cash operating expenses (also known as cash selling, general and administrative expenses or cash SG&A), adjusted EBITDA margins, free cash flow and adjusted free cash flow to evaluate its operations. In presenting these non-GAAP financial measures, Equinix excludes certain items that it believes are not good indicators of the Company's current or future operating performance. These items are depreciation, amortization, accretion of asset retirement obligations and accrued restructuring charges, stock-based compensation, restructuring charges and acquisition costs. Legislative and regulatory requirements encourage use of and emphasis on GAAP financial metrics and require companies to explain why non-GAAP financial metrics are relevant to management and investors. Equinix excludes these items in order for Equinix's lenders, investors, and industry analysts who review and report on the Company, to better evaluate the Company's operating performance and cash spending levels relative to its industry sector and competitors.

Equinix excludes depreciation expense as these charges primarily relate to the initial construction costs of our IBX centers and do not reflect our current or future cash spending levels to support our business. Our IBX centers are long-lived assets, and have an economic life greater than 10 years. The construction costs of our IBX centers do not recur and future capital expenditures remain minor relative to our initial investment. This is a trend we expect to continue. In addition, depreciation is also based on the estimated useful lives of our IBX centers. These estimates could vary from actual performance of the asset, are based on historic costs incurred to build out our IBX centers, and are not indicative of current or expected future capital expenditures. Therefore, Equinix excludes depreciation from its operating results when evaluating its operations.

In addition, in presenting the non-GAAP financial measures, Equinix excludes amortization expense related to certain intangible assets, as it represents a cost that may not recur and is not a good indicator of the Company's current or future operating performance. Equinix excludes accretion expense, both as it relates to its asset retirement obligations as well as its accrued restructuring charges, as these expenses represent costs which Equinix believes are not meaningful in evaluating the Company's current operations. Equinix excludes non-cash stock-based compensation expense as it represents expense attributed to equity awards that have no current or future cash obligations. As such, we, and many investors and analysts, exclude this stock-based compensation expense when assessing the cash generating performance of our operations. Equinix excludes restructuring charges from its non-GAAP financial measures. The restructuring charges relate to the Company's decision to exit leases for excess space adjacent to several of our IBX centers, which we did not intend to build out, or our decision to reverse such restructuring charges or severance charges related to the Switch and Data acquisition. Equinix excludes acquisition costs from its non-GAAP financial measures. The acquisition costs relate to costs the Company incurs in connection with business combinations. Management believes such items as restructuring charges and acquisition costs are non-core transactions; however, these types of costs will or may occur in future periods.

Our management does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. However, we have presented such non-GAAP financial measures to provide investors with an additional tool to evaluate our operating results in a manner that focuses on what management believes to be our core, ongoing business operations. Management believes that the inclusion of these non-GAAP financial measures provides consistency and comparability with past reports and provides a better understanding of the overall performance of the business and its ability to perform in subsequent periods. Equinix believes that if it did not provide such non-GAAP financial information, investors would not have all the necessary data to analyze Equinix effectively.

Investors should note, however, that the non-GAAP financial measures used by Equinix may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies. In addition, whenever Equinix uses such non-GAAP financial measures, it provides a reconciliation of non-GAAP financial measures to the most closely applicable GAAP financial measure. Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measure.

Equinix does not provide forward-looking guidance for certain financial data, such as depreciation, amortization, accretion, stock-based compensation, net income (loss) from operations, cash generated from operating activities and cash used in investing activities, and as a result, is not able to provide a reconciliation of GAAP to non-GAAP financial measures for forward-looking data. Equinix intends to calculate the various non-GAAP financial measures in future periods consistent with how it was calculated for the periods presented within this press release.

Forward Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; and other risks described from time to time in Equinix's filings with the Securities and Exchange Commission. In particular, see Equinix's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.

Equinix and IBX are registered trademarks of Equinix, Inc. International Business Exchange is a trademark of Equinix, Inc.

EQUINIX, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - GAAP PRESENTATION

(in thousands, except per share data)

(unaudited)

Three Months Ended

March 31,

December 31,

March 31,

2011

2010

2010

Recurring revenues

$343,909

$326,338

$237,236

Non-recurring revenues

19,120

18,906

11,413

Revenues

363,029

345,244

248,649

Cost of revenues

194,576

193,559

133,050

Gross profit

168,453

151,685

115,599

Operating expenses:

Sales and marketing

33,636

31,518

19,468

General and administrative

62,601

64,820

43,155

Restructuring charges

496

491

-

Acquisition costs

415

380

4,994

Total operating expenses

97,148

97,209

67,617

Income from operations

71,305

54,476

47,982

Interest and other income (expense):

Interest income

215

208

506

Interest expense

(37,361)

(38,822)

(25,675)

Other-than-temporary impairment recovery on investments

-

-

3,420

Loss on debt extinguishment and interest rate swaps, net

-

(5,356)

(3,377)

Other income

2,111

497

20

Total interest and other, net

(35,035)

(43,473)

(25,106)

Income before income taxes

36,270

11,003

22,876

Income tax benefit (expense)

(11,125)

2,757

(8,677)

Net income

$25,145

$13,760

$14,199

Net income per share:

Basic net income per share

$0.54

$0.30

$0.36

Diluted net income per share

$0.53

$0.29

$0.35

Shares used in computing basic net

income per share

46,451

46,059

39,562

Shares used in computing diluted net

income per share

47,219

46,871

40,791

EQUINIX, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - NON-GAAP PRESENTATION

(in thousands)

(unaudited)

Three Months Ended

March 31,

December 31,

March 31,

2011

2010

2010

Recurring revenues

$343,909

$326,338

$237,236

Non-recurring revenues

19,120

18,906

11,413

Revenues (1)

363,029

345,244

248,649

Cash cost of revenues (2)

122,631

125,456

85,084

Cash gross profit (3)

240,398

219,788

163,565

Cash operating expenses (4):

Cash sales and marketing expenses (5)

27,104

25,523

15,185

Cash general and administrative expenses (6)

46,018

45,318

31,108

Total cash operating expenses (7)

73,122

70,841

46,293

Adjusted EBITDA (8)

$167,276

$148,947

$117,272

Cash gross margins (9)

66%

64%

66%

Adjusted EBITDA margins (10)

46%

43%

47%

Adjusted EBITDA flow-through rate (11)

103%

17%

92%

(1)

The geographic split of our revenues on a services basis is presented below:

Americas Revenues:

Colocation

$176,196

$166,477

$118,932

Interconnection

45,922

44,443

23,764

Managed infrastructure

767

779

539

Rental

504

642

182

Recurring revenues

223,389

212,341

143,417

Non-recurring revenues

9,138

8,307

5,139

Revenues

232,527

220,648

148,556

EMEA Revenues:

Colocation

68,200

64,439

54,442

Interconnection

2,812

2,607

1,939

Managed infrastructure

3,198

3,002

2,901

Rental

118

134

163

Recurring revenues

74,328

70,182

59,445

Non-recurring revenues

7,711

8,569

4,719

Revenues

82,039

78,751

64,164

Asia-Pacific Revenues:

Colocation

36,339

34,546

26,985

Interconnection

5,341

4,948

3,529

Managed infrastructure

4,512

4,321

3,860

Recurring revenues

46,192

43,815

34,374

Non-recurring revenues

2,271

2,030

1,555

Revenues

48,463

45,845

35,929

Worldwide Revenues:

Colocation

280,735

265,462

200,359

Interconnection

54,075

51,998

29,232

Managed infrastructure

8,477

8,102

7,300

Rental

622

776

345

Recurring revenues

343,909

326,338

237,236

Non-recurring revenues

19,120

18,906

11,413

Revenues

$363,029

$345,244

$248,649

(2)

We define cash cost of revenues as cost of revenues less depreciation, amortization, accretion and stock-based compensation as presented below:

Cost of revenues

$194,576

$193,559

$133,050

Depreciation, amortization and accretion expense

(70,600)

(66,978)

(46,372)

Stock-based compensation expense

(1,345)

(1,125)

(1,594)

Cash cost of revenues

$122,631

$125,456

$85,084

The geographic split of our cash cost of revenues is presented below:

Americas cash cost of revenues

$70,210

$72,651

$44,148

EMEA cash cost of revenues

34,491

34,808

28,536

Asia-Pacific cash cost of revenues

17,930

17,997

12,400

Cash cost of revenues

$122,631

$125,456

$85,084

(3)

We define cash gross profit as revenues less cash cost of revenues (as defined above).

(4)

We define cash operating expenses as operating expenses less depreciation, amortization, stock-based compensation, restructuring charges and acquisition costs. We also refer to cash operating expenses as cash selling, general and administrative expenses or "cash SG&A".

(5)

We define cash sales and marketing expenses as sales and marketing expenses less depreciation, amortization and stock-based compensation as presented below:

Sales and marketing expenses

$33,636

$31,518

$19,468

Depreciation and amortization expense

(3,666)

(3,645)

(1,352)

Stock-based compensation expense

(2,866)

(2,350)

(2,931)

Cash sales and marketing expenses

$27,104

$25,523

$15,185

(6)

We define cash general and administrative expenses as general and administrative expenses less depreciation, amortization and stock-based compensation as presented below:

General and administrative expenses

$62,601

$64,820

$43,155

Depreciation and amortization expense

(5,259)

(5,508)

(1,598)

Stock-based compensation expense

(11,324)

(13,994)

(10,449)

Cash general and administrative expenses

$46,018

$45,318

$31,108

(7)

Our cash operating expenses, or cash SG&A, as defined above, is presented below:

Cash sales and marketing expenses

$27,104

$25,523

$15,185

Cash general and administrative expenses

46,018

45,318

31,108

Cash SG&A

$73,122

$70,841

$46,293

The geographic split of our cash operating expenses, or cash SG&A, is presented below:

Americas cash SG&A

$48,812

$45,469

$30,626

EMEA cash SG&A

16,936

16,212

10,673

Asia-Pacific cash SG&A

7,374

9,160

4,994

Cash SG&A

$73,122

$70,841

$46,293

(8)

We define adjusted EBITDA as income from operations plus depreciation, amortization, accretion, stock-based compensation expense, restructuring charges and acquisition costs as presented below:

Income from operations

$71,305

$54,476

$47,982

Depreciation, amortization and accretion expense

79,525

76,131

49,322

Stock-based compensation expense

15,535

17,469

14,974

Restructuring charges

496

491

-

Acquisition costs

415

380

4,994

Adjusted EBITDA

$167,276

$148,947

$117,272

The geographic split of our adjusted EBITDA is presented below:

Americas income from operations

$47,319

$37,067

$29,601

Americas depreciation, amortization and accretion expense

53,482

51,448

28,174

Americas stock-based compensation expense

11,842

13,620

11,013

Americas restructuring charges

496

491

-

Americas acquisition costs

366

(98)

4,994

Americas adjusted EBITDA

113,505

102,528

73,782

EMEA income from operations

11,471

8,678

8,321

EMEA depreciation, amortization and accretion expense

16,844

16,539

14,484

EMEA stock-based compensation expense

2,295

2,214

2,150

EMEA acquisition costs

2

300

-

EMEA adjusted EBITDA

30,612

27,731

24,955

Asia-Pacific income from operations

12,515

8,731

10,060

Asia-Pacific depreciation, amortization and accretion expense

9,199

8,144

6,664

Asia-Pacific stock-based compensation expense

1,398

1,635

1,811

Asia-Pacific acquisition costs

47

178

-

Asia-Pacific adjusted EBITDA

23,159

18,688

18,535

Adjusted EBITDA

$167,276

$148,947

$117,272

(9)

We define cash gross margins as cash gross profit divided by revenues.

Our cash gross margins by geographic region is presented below:

Americas cash gross margins

70%

67%

70%

EMEA cash gross margins

58%

56%

56%

Asia-Pacific cash gross margins

63%

61%

65%

(10)

We define adjusted EBITDA margins as adjusted EBITDA divided by revenues.

Americas adjusted EBITDA margins

49%

46%

50%

EMEA adjusted EBITDA margins

37%

35%

39%

Asia-Pacific adjusted EBITDA margins

48%

41%

52%

(11)

We define adjusted EBITDA flow-through rate as incremental adjusted EBITDA growth divided by incremental revenue growth as follows:

Adjusted EBITDA - current period

$167,276

$148,947

$117,272

Less adjusted EBITDA - prior period

(148,947)

(146,461)

(111,660)

Adjusted EBITDA growth

$18,329

$2,486

$5,612

Revenues - current period

$363,029

$345,244

$248,649

Less revenues - prior period

(345,244)

(330,347)

(242,552)

Revenue growth

$17,785

$14,897

$6,097

Adjusted EBITDA flow-through rate

103%

17%

92%

EQUINIX, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands)

(unaudited)

Assets

March 31,

December 31,

2011

2010

Cash and cash equivalents

$304,466

$442,841

Short-term investments

150,040

147,192

Accounts receivable, net

114,207

116,358

Other current assets

126,277

71,657

Total current assets

694,990

778,048

Long-term investments

2,145

2,806

Property, plant and equipment, net

2,881,126

2,650,953

Goodwill

789,876

774,365

Intangible assets, net

148,874

150,945

Other assets

135,502

90,892

Total assets

$4,652,513

$4,448,009

Liabilities and Stockholders' Equity

Accounts payable and accrued expenses

$133,536

$145,854

Accrued property and equipment

125,579

91,667

Current portion of capital lease and other financing obligations

8,381

7,988

Current portion of loans payable

20,204

19,978

Other current liabilities

55,574

52,628

Total current liabilities

343,274

318,115

Capital lease and other financing obligations, less current portion

296,913

253,945

Loans payable, less current portion

126,617

100,337

Senior notes

750,000

750,000

Convertible debt

922,325

916,337

Other liabilities

225,987

228,760

Total liabilities

2,665,116

2,567,494

Common stock

47

46

Additional paid-in capital

2,372,660

2,341,586

Accumulated other comprehensive loss

(61,356)

(112,018)

Accumulated deficit

(323,954)

(349,099)

Total stockholders' equity

1,987,397

1,880,515

Total liabilities and stockholders' equity

$4,652,513

$4,448,009

Ending headcount by geographic region is as follows:

Americas headcount

1,169

1,156

EMEA headcount

498

482

Asia-Pacific headcount

297

283

Total headcount

1,964

1,921

EQUINIX, INC.

SUMMARY OF DEBT OUTSTANDING

(in thousands)

(unaudited)

March 31,

December 31,

2011

2010

Capital lease and other financing obligations

$305,294

$261,933

Paris IBX financing

12,101

-

New Asia-Pacific financing

134,720

120,315

Total loans payable

146,821

120,315

Senior notes

750,000

750,000

Convertible debt, net of debt discount

922,325

916,337

Plus debt discount

97,411

103,399

Total convertible debt principal

1,019,736

1,019,736

Total debt outstanding

$2,221,851

$2,151,984

EQUINIX, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands)

(unaudited)

Three Months Ended

March 31,

December 31,

March 31,

2011

2010

2010

Cash flows from operating activities:

Net income

$25,145

$13,760

$14,199

Adjustments to reconcile net income to

net cash provided by operating activities:

Depreciation, amortization and accretion

79,525

76,131

49,322

Stock-based compensation

15,535

17,469

14,974

Debt issuance costs and debt discount

7,284

8,512

5,554

Loss on debt extinguishment and interest rate swaps

-

5,356

3,377

Restructuring charges

496

491

-

Other reconciling items

1,563

1,888

434

Changes in operating assets and liabilities:

Accounts receivable

3,099

(1,400)

(6,086)

Deferred tax assets, net

5,640

(1,611)

5,002

Accounts payable and accrued expenses

(13,606)

14,316

15,886

Other assets and liabilities

(9,510)

(12,021)

(2,850)

Net cash provided by operating activities

115,171

122,891

99,812

Cash flows from investing activities:

Purchases, sales and maturities of investments, net

(2,185)

176,172

112,285

Purchase of Amsterdam IBX property

-

(14,861)

-

Purchase of Paris IBX property

(14,951)

-

-

Purchases of property and equipment

(172,516)

(143,351)

(143,400)

Other investing activities

(94,138)

(422)

(442)

Net cash provided by (used in) investing activities

(283,790)

17,538

(31,557)

Cash flows from financing activities:

Proceeds from employee equity awards

15,668

3,638

10,883

Proceeds from loans payable

22,653

5,770

-

Proceeds from senior notes

-

-

750,000

Repayment of capital lease and other financing obligations

(1,968)

(2,019)

(1,554)

Repayment of mortgage and loans payable

(10,102)

(88,930)

(114,340)

Debt issuance costs

(125)

-

(15,193)

Debt extinguishment costs

-

(4,448)

-

Net cash provided by (used in) financing activities

26,126

(85,989)

629,796

Effect of foreign currency exchange rates on cash and cash equivalents

4,118

(748)

(4,805)

Net increase (decrease) in cash and cash equivalents

(138,375)

53,692

693,246

Cash and cash equivalents at beginning of period

442,841

389,149

346,056

Cash and cash equivalents at end of period

$304,466

$442,841

$1,039,302

Free cash flow (1)

$(166,434)

$(35,743)

$(44,030)

Adjusted free cash flow (2)

$(151,483)

$(20,882)

$(44,030)

(1)

We define free cash flow as net cash provided by operating activities plus net cash provided by (used in) investing activities (excluding the net purchases, sales and maturities of investments) as presented below:

Net cash provided by operating activities as presented above

$115,171

$122,891

$99,812

Net cash provided by (used in) investing activities as presented above

(283,790)

17,538

(31,557)

Purchases, sales and maturities of investments, net

2,185

(176,172)

(112,285)

Free cash flow (negative free cash flow)

$(166,434)

$(35,743)

$(44,030)

(2)

We define adjusted free cash flow as free cash flow (as defined above) excluding any purchases or sales of real estate and acquisitions as presented below:

Free cash flow (as defined above)

$(166,434)

$(35,743)

$(44,030)

Less purchase of Amsterdam IBX property

-

14,861

-

Less purchase of Paris IBX property

14,951

-

-

Adjusted free cash flow (negative adjusted free cash flow)

$(151,483)

$(20,882)

$(44,030)