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About the company: SCL has been in business for 12 years. We are contracted with multiple funding sources which enables us to provide more competitive rates and flexible terms and conditions. |
Tuesday,
September 14,2004
Headlines---
Correction:
NorVergence Class Action Suit
Editor’s
Comment: “Get Leasing Companies”
Drayer
Fires Attorneys, Trial Postponed until March, 2005
New
Leasing Conference Countdown
Siemens
Financial Services to Enter Small Ticket Fray
Far
East National Bank Appoints Two Pacific Rim Veterans
Sadu
Thinakal Named CEO of Inter. Decision Systems
Siemens
Financial Services Now After Fed. Gov. Leasing
Orix
"Down Under" with SeeBeyond ICAN
######## surrounding the article denotes it is a “press
release”
-------------------------------------------------------------------------------
CapitalWerks---Postponed
Due to legal proceedings,
the naming of the “culprit” has been
postponed until further
notice, according to Jim Raeder.
http://www.leasingnews.org/Conscious-Top%20Stories/Jim_Reader.htm
http://www.leasingnews.org/Conscious-Top%20Stories/NY_Times-main.htm
-------------------------------------------------------------------------------
Correction:
NorVergence Class Action Suit
On Wednesday, September
1, 2004, an Order to Show Cause Seeking an Injunction to stop the leasing
companies from enforcing the leases was filed in the class action. In
addition, an amended complaint against 26 leasing companies was filed.
“The Court has scheduled
the hearing date for the Order to Show Cause With Temporary Restraints
for Friday, October 1, 2004 at 2:30PM.”
(Leasing News reported that the judge will give “results”
and that is not correct,
we are informed.)
The web site www.njnorvergenceclassaction.com will be posting
a list of a network of attorneys in key states that is accepting the
defense of individual cases already filed by the leasing companies against
putative class members, while the class action continues to litigate.
Michael S. Green says, “This list will be updated as we hear about
suits filed in the different states by the leasing companies. At the
present time we are aware of suits filed in PA, Illinois, Iowa, Ohio,
Washington State. If you are aware of other states involved please let
us know.”
MICHAEL SCOTT GREEN,
ESQ.
Law Offices of Michael
Scott Green
14 Easton Ave., #340
New Brunswick, New
Jersey 08901
Tel: (732) 390-0480
Fax: (732) 390-0481
Cell: (732) 690-2093
E-mail: msgreen@lawmsg.com
On the web@: www.lawmsg.com
From the Web Site:
http://www.lawmsg.com/njnorvergence.html
Editor’s
Comment: “Get Leasing Companies”
There appears to
be a wild fire in this movement to join a
class action suit
“to get” leasing companies.
It is interesting
to note on the many list serve internet communication systems, leasing
companies are being blamed as the “bad guys” for
wanting to collect
lease payments, were in “cahoots” with NorVergence, knew all along about
the value of the “equipment”
and telephone service
agreement, and many are not only seeking
relief from lease
payments, but also seeking “damages.”
So far, none of the
telephone companies, who provided the services,
and must have understood
the situation, have not been named in
any of the legal
actions filed, nor have they been castigated for
their role in the
financing transactions.
One of the key communications
resolves around Robert J. Fine,
former head of the
NorVergence finance corporation, and former
president of the
Eastern Association of Equipment Lessors.
His
involvement leads
the customers to believe GE Capital, CIT,
Wells Fargo, and
almost fifty other leasing companies were
in “conspiracy” with
NorVergence.
Those joining class
action suits believe leasing companies
“hoodwinked” them
into signing equipment leases where
the actual value
of the equipment was worth very little
and both the seller
and lessor (creditor) were deceptive in what they represented to the
lessee (debtor) in the contract they signed.
While it has been
determined some of the amounts are too
small to fight individually
in court, a business decision due
to the costs involved,
this alleged “deception” by the
50 leasing companies
does fit a class action suit. They also believe they are “consumers,”
therefore they will get much sympathy as a group before a jury.
Kit Menkin, editor
---------------------------------------------------------------------------
|
Vendor Sales Specialist: Experienced in developing relationships & vendor programs. Will need to establish/head our new vendor division. Must be knowledgeable in all aspects of leasing from the broker lessor perspective. Entry Level Accountant: Entry level position, accounting background req., leasing exp. a plus, must be organized individual w/ strong work ethic. Please E-mail resume to: elang@nationwidefunding.com About the Company: Nationwide Funding, Irvine, CA. With its prime location in Southern California and offices in Chicago's downtown financial district, Nationwide Funding, LLC has been able to secure specialized credit facilities and create funding partnerships with a wide variety of financial institutions. This diversity allows Nationwide Funding, LLC to be a complete funding partner for your business. |
--------------------------------------------------------------------------------
Classified
Ads---Attorneys
Leasing
Industry Attorneys
These are attorneys who specialize in equipment leasing,
listed by geography,
and are free to all who practice in this
field with the stipulation
they belong to an equipment leasing
association as an
indication of their “expertise.”
California - statewide:
CA "ELA"
5-attorney creditors rights law firm, in biz 25 yrs +, specialize all aspects of creditor representation. Primarily represent equipment lessors & funders, plus collection and creditor rep. in bankruptcy.
Email: phemar@hemar.com
Website: www.hemar.com
California –
Statewide:
Encino, CA. "ELA"
24 Attorney AV-rated Law firm representing the Leasing Industry for over 25 Years. We specialize in
Lease-enforcement, collection and representation in Bankruptcy Court.
Email: sjenkins@hemar-rousso.com
Website: www.hemar-rousso.com
Connecticut, Southern New England:
EVANS, FELDMAN & BOYER, LLC Collections, litigation, documentation, portfolio sales and financing, bankruptcy. We represent many of the national and local leasing companies doing business in this state. Past chairman EAEL legal committee. Competitive rates.
Email: rcfeldman@snet.net
Dallas, TX. ELA
Mayer regularly practices
in leasing, secured financing, project development and finance and corporate
finance.
Email: dmayer@pattonboggs.com
Website: www.pattonboggs.com
Los Angeles, Statewide: CA. "ELA"
Aggressive creditors rights law firm specializing in equipment leasing handling collection matters on a contingency, fixed fee or hourly basis.
Email: RGarwacki@prodigy.net
Los Angeles -statewide:
CA "ELA "
Practice limited to collections, bankruptcy and problem accounts resolution. Decades of experience. 10-lawyer firm dedicated to serving you. Call Ronald Cohn, Esq. (818)591-2121 or email.
Email: rrcohn@aol.com
National:
Full staff of attorneys and legal assistants work with Group Leader Barry S. Marks to ensure prompt, cost-effective responses to client needs:
Email: poetbarry@aol.com
Website: www.leaselawyer.com
National:
Coston & Lichtman:
Business attorneys serving the lease-finance industry since 1980. Transactional,
documentation, corporate; workouts, litigation, bankruptcy. Chicago
& Florida offices. Jim Coston, CLP (Members: ELA/UAEL/MAEL)
Email: Jcoston@costonlaw.com
Website: www.leaselawyer.com
Northern California - Statewide: CA "EAEL" "ELA"
San Francisco expertise
at Marin County prices; practice limited to equipment leasing and finance
with 22 years experience, testimonials. Ken Greene, Esq.
Vox: 415 461 3777
Email: keng@kengreenelaw.com
Website: www.kengreenelaw.com
-------------------------------------------------------------------------------
Economic
Events This Week
Today
September 14
Retail Sales: August
Wednesday
September 15
Inventory-Sales Ratio:
July
Industrial Production:
August
Capacity Utilization:
August
Estimated Tax Due
Thursday
September 16
Consumer Price Index:
August
Weekly Jobless Claims
-------------------------------------------------------------------------------
Drayer
Fires Attorneys, Trial Postponed until March, 2005
Leasing News has
been unable to confirm with lead attorneys Stephen L. Cohen or U.S.
Attorney Geoffrey Richard Kaiser this information,
and evidently Pacer
does not have this information, but it appears
the trial has been
postponed for a third time, going on three years
from the original
complaints filed by the US Attorney’s office on June 27,2002.
This is from a very
reliable source who is named in the transaction:
“The RW Professional
case has been moved to March, 2005 at the earliest.
Barry ran out of money and his attorneys were granted permission
to resign. They were replaced by court appointed attorneys who promptly
said they needed additional time to review the materials. Judge agreed
and case moved to March. If
it goes to trial in March, it will have been almost three years since
he was arrested. Final verdict projection:
Guilty and sentenced to time served.
More good stuff to follow since one defendant in the case is
really stirring up the water trying to get off the hook without waiting
for Barry's trail. For example--I did not know that Barry and associates
had three companies (RW Professional, Professional Leasing Services
and Professional Finance). When Barry "hit the wall" with
cash flow, he wrote letters to the banks he defrauded and asked for
cash advances to help him overcome his short period of cash flow difficulties. Talk about big balls. Have a nice day. Loyalty
to Barry by some of his staunch supporters in the industry is slipping
away as they find Barry told them deals did not fund, but they did and
Barry kept all the commissions.”
There are several
civil cases pending, such as the $20 million dollar
from American Express
and Crawford and Sons and others, put “on
hold” by court order
until a judgment is made in the criminal case.
Through the many
depositions and motions it does appear Barry
Drayer has sold his
original house, then bought another house, plus used his brother’s house
as collateral for bail. Both
Drayer’s have
been under “house
arrest,” not serving time in jail awaiting this
criminal trial. They do travel, at the specific approval of
the court.
It was reported several
defendants have been willing to discuss
turning state’s evidence,
while others believe the stalling tactic
is to postpone the
enviable: jail time.
Recent
stories on RW Professional:
http://www.leasingnews.org/Conscious-Top%20Stories/RW_stories.htm
NEW
LEASING CONFERENCE COUNT-DOWN----
EAEL
Expo Glenpointe/Teaneck, NJ September
27
http://www.eael.org/2587%20attendee.pdf
UAEL
Monterey, CA October 21-24
United Association
of Equipment Leasing
http://www.uael.org/events/conferences/ace/default.asp
ELA Palm
Desert, CA October 24-26
The Equipment
Leasing Association
www.elaonline.org/events/2004/annconv/convhome.cfm
AGLF
Rancho Mirage, CA November 10-12
Association for
Government Leasing and Finance
www.aglf.org/25AM04_fallpgm.pdf
MAEL Rosemont,
Illinois November 18
Mid-American Association
of Equipment Lessors
To learn about these
and other leasing associations, please go to: http://www.leasingnews.org/associations.htm
If you are interested
to learn more about the conference, please to the web site noted.
### Press Release
########################
Siemens Financial Services to Tap Emerging Opportunities In Burgeoning
Small
to Mid Ticket Leasing Market
ISELIN, N.J Initiative to Strengthen Company's Growing
U.S. Presence & Suite of Product Offerings
In a move to further expand its growing U.S. presence, Siemens
Financial Services, Inc. (SFS), the U.S. financial services arm of Siemens
AG, today announced the launch of its new lease offering to vendors
of small to mid-ticket products in specific equipment markets. As part
of this initiative, the company will be targeting manufacturers, dealers,
and distributors in the industrial machinery, manufacturing, production,
packaging, and electrical engineering industries. Although this is a
long-term strategy for SFS, the timing will allow for new business opportunities
spurred by the recent up-tick in corporate spending as well as the overall
rebound in the U.S. economy.
"We are proud to announce our expansion into the small to
mid-ticket leasing market. With the steady rebound of the economy, the
marketplace is currently ripe with opportunity, creating a prime time
for us to enter into this important market segment," said SFS President
and CEO, Bill Zadrozny. "We have a rich history of leadership and
excellence in the leasing business, due to our innovative thinking and
dedication to a customer-centric approach. A move from the mid to large-ticket
market to the small to mid-sized space just seemed like a natural evolution
for us.
"The current marketplace demands a provider who can allot
as much attention to smaller client needs as it would a large-ticket
contract," Zadrozny continued. "SFS now has the capabilities,
dedication, and expertise to fulfill such a role."
For this new initiative, SFS is recruiting a team of seasoned industry
professionals. This team will be dedicated to recruiting vendors and
providing flexible leasing arrangements for their customers. The initiative
provides both out of the box and tailored leasing contracts to the end-user.
Several new employees will support the management of this new business.
According to Steve Pressler, vice president of the Vendor division,
each client will have two dedicated managers. One will serve as the
relationship manager, overseeing the relationship and ensuring that
the equipment financing goals are met, while the other will act as program
manager overseeing day-to-day management of customer financing opportunities.
About Siemens Financial Services
With about 1,500 employees and an international network of financing
companies coordinated by Siemens Financial Services GmbH, Munich, Siemens
Financial Services offers a broad range of financial solutions. This
covers services from sales and investment financing to treasury services,
fund management and insurance brokerage. Key customers of our companies
are internationally active industrial and services companies as well
as public-sector operators. For further information about SFS see www.sfs.siemens.com.
Siemens Financial Services, Inc. is one of Siemens' operating companies
in the United States. The people of Siemens Financial Services, Inc.
build relationships to deliver customized commercial financing solutions.
SFS is led by industry veterans who work to ensure quick, quality financing.
With expertise in Asset-Based Lending, Equipment Financing, Commercial
Trade Finance and Vendor Financing, each transaction is tailored to
fit the specific borrowing needs of the client.
About Siemens
Siemens AG (NYSE:SI) is one of the largest global electronics and
engineering companies with reported worldwide sales of $80.5 billion
in fiscal 2003. Founded more than 150 years ago, the company is a leader
in the areas of Automation and Control, Information and Communications,
Lighting, Medical, Power and Transportation. With its U.S. corporate
headquarters in New York City, Siemens in the USA has sales of $16.6
billion and employs 70,000 people throughout all 50 states and Puerto
Rico. Eleven of Siemens' worldwide businesses are based in the United
States. With its global headquarters in Munich, Siemens AG and its subsidiaries
employ 423,000 people in 192 countries.
For more information on Siemens in the U.S.: www.usa.siemens.com.
CONTACT:Siemens Financial
Services, Inc. Brian Galloway, 732-476-3498 brian.galloway@siemens.com
or Press Contact: Jeff Dahncke, 212-445-8217 jdahncke@webershandwick.com
### Press Release
##############################
Far East National Bank Appoints Robert Sweeney
President
and Robert Oehler Vice Chairman
LOS ANGELES-- Fredrick Copeland Joins Bank's Board in Additional
Move towards Strengthening
Pacific Rim Integration
Far East National Bank announced that Robert W. Sweeney has been
appointed as its new president and board member and Robert B. Oehler,
former president, as vice chairman. Mr. Sweeney joins Far East National
from GE Commercial Finance where he most recently served as Managing
Director, Asia/Japan for GE Global Electronic Solutions. Prior to GE,
he was Director of Corporate Banking at Mexico's Grupo Financiero Serfin.
Mr. Oehler, who has been president of the bank since 1997, will
continue to serve in his senior banker role in supporting Far East National's
external business affairs, which includes key government and board relationships.
"Robert Sweeney brings Far East National an important cross
section of experience to grow our Pacific Rim banking business,"
said Paul C. Lo, Chairman of Far East National Bank and Chief Executive
Officer of its parent company, SinoPac Holdings of Taiwan. "In
addition to building GE Electronic Solutions Asia/Japan business from
'ground zero,' he also has a top track record in international banking
and emerging markets. Robert's far-reaching experience will take Far
East National Bank to the next level of integration with SinoPac's CrossPacific
network of over 140 offices in the region."
"This is a brilliant opportunity," said Mr. Sweeney.
"The advantages of the bank's headquarters in the key trade hub
of Los Angeles, SinoPac's established network in Asia and continuing
strong commercial flow among Pacific Rim countries, provide a great
foundation to further exploit future growth for Far East National."
At GE/GES Electronic, Mr. Sweeney built the Asia/Japan division
from its genesis to $265 million in annual leasing revenue. Prior to
the Asia/Japan role, he managed the integration of GE's acquisition
of Comdisco's Electronics group, which was instrumental in the creation
of a new business platform within GE Commercial Financial. Previously,
Mr. Sweeney served five years at GE Capital de Mexico. In Mexico, he
was a key member of the team that established GE Capital Bank. Later,
he joined GE's Commercial Equipment Finance de Mexico unit, where he
developed the company's Foreign Direct Investment product and platform.
Mr. Sweeney received a bachelor's degree from the University of
Colorado in classical literature with a minor in economics. He also
holds a master's degree in international finance and banking from Columbia
University's School of International and Public Affairs.
Far East National also announced its new appointment of Frederick
C. Copeland as board member. Mr. Copeland previously served as Chairman
and President of Fleet Bank, CT. and CEO of Aetna International. Prior
to his tenure with Fleet Bank, he was the country head of Citibank in
Taiwan and Canada.
Headquartered in Los Angeles, Far East National Bank has 15 offices
throughout California, a newly established Vietnam branch and a Representative
Office in Beijing. The bank's customers have access to a regional service
network through its ultimate parent, SinoPac Holdings, a fully integrated
financial institution with more than $19 billion in assets and 140 locations
worldwide.
CONTACT:Casey Sayre
& Williams, Inc. Daniel Margolis, 310-396-2400, ext. 14
### Press Release
###########################
SADU
THINAKAL NAMED CEO OF INTERNATIONAL DECISION SYSTEMS
(When the company
went private, the press release announced: “Messrs. Meinen, Lyles, and
Horstmann, Anthony Laudico will
serve as the Company’s
interim COO, overseeing sales and marketing as well as international operations. Laudico, Schroder Ventures U.S.¹s operating
advisor to IDS, has 17 years of experience in the software and technology
industries, including various management positions with Microsoft. He
also served as CEO of the digital entertainment company Muze, and was
President and COO of Agency.com. “
We are told: “ Messrs.
Meinen and Horstmann are no longer with the organization. However
Mr. Lyles is still serving as President.”—editor)
Joins to Lead IDS
to its Next Stage of Growth
as Global Leader
in Lease and Loan Accounting Software and Services
Minneapolis, MN,
– International Decision Systems, Inc. (IDS), the global leader in lease/loan
accounting and portfolio management software and services, today announced
that Sadu Thinakal, most recently the President of the mortgage servicing
business unit of Fiserv, Inc. (Nasdaq:FISV), has been appointed Chief
Executive Officer, effective immediately.
“We are delighted
to welcome Sadu to IDS. He brings a rich heritage in managing lending
operations and systems services in customer-focused organizations, from
strategy to technology and product development, marketing, and customer
service, and has distinguished himself in helping companies to reach
their next stage of growth,” commented Nicholas Somers, a partner at
Schroder Ventures U.S., which acquired IDS in September 2003. “Sadu
has the ideal experience to lead IDS at this important juncture in the
Company’s ongoing development.”
“I am excited to
come to IDS, which for 30 years has set the standard for lease and loan
accounting software on a global basis, with over half of the world’s
leading leasing companies among its clients,” said Mr. Thinakal. “It
is a time of change and consolidation in the leasing industry and, with
its new ProFinia suite, IDS is well positioned to capitalize on it.
IDS’ new ProFinia solutions will enable lessors to leverage market opportunities
and maximize returns. It is a great time to be here and I look forward
to working with the highly talented IDS team,” he added.
Before joining IDS,
Mr. Thinakal was with Fiserv for 12 years. In the past seven years,
as President, he led its Mortgage Servicing Systems business, a solutions
and technology provider to the loan servicing industry. During his tenure
as President, the business achieved double-digit annual growth, obtained
long-term recurring revenue contracts with leading clients, increased
the loan volume under service, and reached a market leading position
with its web-centric solution, “MortgageServ”.
Mr. Thinakal joined
Fiserv from Prudential Real Estate Affiliates, and prior to that was
at Home Savings of America. Mr. Thinakal began his career at Unisys
Corporation. He graduated from the University of Kerala in India and
received an M.B.A. from the Illinois Institute of Technology.
The Company’s senior
management team, including Charles Lyles, President, Anthony Laudico,
Interim Chief Operating Officer, and Michael Mehr, who was recently
appointed Vice President of Finance and Administration, will report
to Mr. Thinakal. Mr. Mehr joined IDS from Adaytum, Inc. He also previously
worked at Fourth Shift Corporation (now Soft Brands), and began his
career at Arthur Andersen.
About International
Decision Systems: International Decision Systems (IDS) is the global
leader in developing lease/loan accounting and portfolio management
systems and services. Headquartered in Minneapolis, Minnesota, IDS has
offices in London, Sydney, and Singapore. The Company offers the largest
and most experienced global consulting, implementation, and technical
support teams in the leasing industry. For additional information about
IDS, visit www.idsgrp.com.
About Schroder Ventures
US: Schroder Venture Partners LLC ("Schroder Ventures US")
is one of six affiliated international private equity organizations
advising over $7.5 billion of funds under management in 11 offices located
in North America, Europe, and Asia. The firm is focused on middle market
investment opportunities in the media, business services, communications,
and technology services sectors in partnership with management. Schroder
Ventures US currently advises the $270 million Schroder Ventures US
Funds. Further information can be found at www.svus.com.
### Press Release
###########################
Siemens Financial Services Creates Public Sector Presence With
Launch
of New Practice Dedicated to Servicing the Federal Government
ISELIN, N.J.-- SFS Partners With GTSI to Offer Innovative
Finance & Leasing
Solutions to Government Entities
Further building its physical presence in the U.S. and enhancing
its portfolio of finance solutions, Siemens Financial Services (SFS),
the financing arm of Siemens AG, has established an office in Richmond,
VA that will focus solely on servicing Federal government entities.
Working with Siemens Operating Companies and third-party prime contractors,
SFS will provide Federal government bodies with innovative finance and
leasing solutions customized to their specific needs.
"We are delighted to announce the launch of our Federal financing
service line. As a result of the healthy economy, there is a tremendous
amount of liquidity in the market today waiting to be utilized in both
the public and private sectors. As a result, SFS recognized the opportunity
to apply our finance and leasing capabilities to effectively service
the presently untapped Federal market," said SFS president and
CEO William Zadrozny. "We have strategically put in place a Virginia-based
operational facility that will allow us greater access to our public
sector client base, primarily located throughout the greater D.C. area.
We believe our cadre of best-in-class finance professionals, coupled
with our deep industry knowledge and expertise, will enable us to provide
an invaluable financing solution resource to the public sector."
On July 15, 2004 SFS opened the doors to its new office branch,
which is assigned to the development of tailored programs for Federal
customers. Collaborating with leading government IT solutions provider
GTSI(R) Corp.(Nasdaq:GTSI), SFS will aim to provide comprehensive offerings,
including IT equipment, installation, software, and maintenance services,
that satisfy the client's goals and expectations.
Jack Helmly, Director of Financial Services at GTSI, added, "To
address budget constraints and refresh technology, federal finance is
becoming main stream for most agencies. GTSI has built a strong practice
in financing our federal, state and local customers worldwide. We are
pleased to have Siemens Financial Services as a strategic partner in
this growing business. Our customers have demanding business requirements
which call for original solutions. We value SFS's contribution to GTSI's
innovative and cost effective financial solutions offerings.
In addition to creating this business unit, Siemens Financial Services
will be launching a Web page that will serve as an information center
for potential clients. The page will outline the company's Federal capabilities,
providing details on its various product and service offerings for this
space. The information will be made available on at www.siemensfinancial.com/federal.
About Siemens Financial Services
With about 1,500 employees and an international network of financing
companies coordinated by Siemens Financial Services GmbH, Munich, Siemens
Financial Services (SFS) offers a broad range of financial solutions.
This covers services from sales and investment financing to treasury
services, fund management and insurance brokerage. Key customers of
our companies are internationally active industrial and services companies
as well as public-sector operators. For further information about SFS
see www.sfs.siemens.com.
Siemens Financial Services, Inc. is one of Siemens' operating companies
in the United States. The people of Siemens Financial Services, Inc.
(SFS) build relationships to deliver customized commercial financing
solutions. SFS is led by industry veterans who work to ensure quick,
quality financing. With expertise in Asset-Based Lending, Capital Markets,
Equipment Financing, Commercial Trade Finance and Vendor Financing,
each transaction is tailored to fit the specific borrowing needs of
the client.
About Siemens
Siemens AG (NYSE:SI) is one of the largest global electronics and
engineering companies with reported worldwide sales of $80.5 billion
in fiscal 2003. Founded more than 150 years ago, the company is a leader
in the areas of Automation and Control, Information and Communications,
Lighting, Medical, Power and Transportation. With its U.S. corporate
headquarters in New York City, Siemens in the USA has sales of $16.6
billion and employs 70,000 people throughout all 50 states and Puerto
Rico. Eleven of Siemens' worldwide businesses are based in the United
States. With its global headquarters in Munich, Siemens AG and its subsidiaries
employ 423,000 people in 192 countries.
For more information on Siemens in the U.S.: www.usa.siemens.com.
CONTACT:Siemens Financial Services, Inc. Brian Galloway, 732-476-3498 brian.galloway@siemens.com
or Press: Jeff Dahncke,
212-445-8217 jdahncke@webershandwick.com
### Press Release
##########################
ORIX
Australia Selects SeeBeyond ICAN Suite to Enable Single View Composite
Application
SYDNEY, Australia
& MONROVIA, Calif.--- Solution
to Improve Customer Relationship Management Through Integrated View of Customer Interactions
SeeBeyond (Nasdaq:SBYN), provider of the world's first fully integrated
composite application network (SeeBeyond ICAN) for the deployment of
advanced integration and composite application solutions, today announced
that ORIX Australia has selected the SeeBeyond ICAN 5 Suite.
ORIX Australia is part of the global ORIX Group, one of the world's
largest non-bank financial institutions with 1,175 offices in 23 countries.
ORIX Australia employs over 500 people and manages in excess of $2 billion
in assets locally.
The Company provides asset and risk management solutions for businesses,
including fleet services, truck and trailer rental, equipment leasing,
property finance, and cash flow finance. ORIX Australia customers use
these products to minimize cost and risk associated with ownership,
borrowing and leasing of assets to realize more from their business.
ORIX Australia has chosen SeeBeyond's eGate(TM) Integrator, eView(TM)
Studio and eInsight(TM) Business Process Manager -- all components of
the SeeBeyond ICAN Suite - to build a new composite application that
will enable a single view of all interactions with each of its customers.
Implemented utilizing Web services, this composite application will
assist ORIX Australia in cost-effectively consolidating disparate customer
information and transactional data in real time.
"Using the SeeBeyond software to consolidate our customer
information will allow us to make informed decisions about how we manage
relationships with our customers. This has relevance across our entire
organization, from marketing to sales, and customer service to risk
management," said John Carter, Executive Director Group Operations
for ORIX Australia.
"In today's business environment, vital information is distributed
throughout the enterprise via disparate systems such as CRM, ERP, Billing,
eCommerce and Customer Support," adds Kevin O'Reilly, Vice President
of Asia Pacific for SeeBeyond. "These systems typically use their
own unique record identifiers, making it difficult to create a single,
reliable view of information across the organization. Through composite
application development, SeeBeyond ICAN 5 is enabling global organizations
like ORIX to better leverage existing assets while driving added value
through improved business process management."
For more information on SeeBeyond's eGate Integrator, eView Studio
and eInsight Business Process Manager solutions, please visit http://www.seebeyond.com/software/ican.asp.
About SeeBeyond
Based on 15 years of software innovation and real-world experience
in integrating systems across Global 2000 organizations, SeeBeyond (Nasdaq:SBYN)
delivers the industry's first integrated composite application network
built on a comprehensive integration platform. Beyond eAI, the SeeBeyond(R)
Integrated Composite Application Network Suite(TM) helps organizations
rapidly assemble and deploy enterprise-scale end-user applications built
on existing systems and infrastructure to dramatically improve business
operations. SeeBeyond has more than 1,900 customers worldwide, including
ABB, ABN Amro, BHP Billiton, The Cleveland Clinic, Commerzbank, The
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General Motors, Halliburton, Hertz Corporation, HP, Lockheed Martin,
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SeeBeyond is a registered trademark of SeeBeyond Technology Corporation
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CONTACT:SeeBeyond
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### Press Release
########################
|
News
Briefs----
Deficit at record
high with a month left in budget year
http://www.signonsandiego.com/news/business/20040913-1455-federaldeficit.html
Fed Seen Raising Rates Next Week
http://www.nytimes.com/reuters/business/business-economy-fed-rates.html
Cisco Shaking Router
Market
http://www.internetnews.com/bus-news/article.php/3407501
Store sales could
help boost Net calling
http://www.boston.com/business/technology/articles/2004/09/13/
store_sales_could_help_boost_net_calling/
-------------------------------------------------------------------------------
“Gimme
that Wine”
U.S. Wine Market
Enjoys Another Banner Year
http://www.winespectator.com/Wine/Daily/News/0,1145,2591,00.html
Call It the "Fleetwood
Uncorked" Tour: Rock Star Drums Up Own Wine Label
http://www.winespectator.com/Wine/Daily/News/0,1145,2594,00.html
Unique
Wines direct from North Dakota
http://www.vino.com/press/press_release.asp?PRID=424
America’s
Wine School Announces New Wine Programs
http://www.emediawire.com/releases/2004/9/emw156607.htm
-------------------------------------------------------------------------------
This
Day in American History
1847-
Gen. Winfield Scott entered Mexico City. A Battalion of U.S. Marines
made its presence felt at the “halls of Montezeuma.” The United States was later able to
claim a large Mexican
territory, including what was to become the state of California
in 1850 ( following
the gold rush fever of 1849 ).
1814
- An attorney in Washington, DC, Frances Scott Key, was aboard a warship
that was bombarding Fort McHenry, the outpost guarding the city of Baltimore,
Maryland. Key wrote what would become famous words to express his emotions.
Those words would become "The Star-Spangled Banner", which
officially became the national anthem of the United States by an act
of Congress in 1931.
1847
- Mexico City was occupied by US troops after the defeated forces of
General Santa Anna were forced to abandon the city. The day before,
young Mexican cadets had tried unsuccessfully to defend the fortified
hill of Chapultepec. With the occupation of Mexico City, the United
States-Mexico conflict virtually came to an end. While some call the
1846-48 period the "Mexican War," others call it the "US
Invasion".
1861-
The first Civil War Naval Battle took place at Pensacola, FL.
Lieutenant John Henry Russell descended upon the Confederate
navy yard at Pensacola at 2 a.m. He had sailed the frigate Colorado past shore
batteries in the dark, and with a force of 100 sailors and Marines,
went for the southern privateer five gun Judah in the shipyard. After
hand-to-hand fighting, the contingent burned the vessel to the waterline
and left. They burned the five-gun steamer Judah, lying at anchor, and
spike the only gun in the yard. There
were no Confederate casualties. three of the
Union troops were killed and four wounded
President Lincoln thanked Russell personally and the Navy Department
honored him.
1882-
Birthday of Winnifred Sprague Mason Huck, U.S. Congressional Representative
from Illinois, serving out the term of her late father 1922-23. She
broke the rules about freshmen being still and introduced a number of
bills including the call for independence for the Philippine Islands.
She was an investigative reporter who even went to jail for four months
under an assumed name to bring to light the abuses in prison as well
as the difficulties in "going straight" afterwards.
1868
- The first recorded hole-in-one at golf was scored by Tom Morris at
Prestwick in Scotland.
1874
-- The White Leagues, paramilitary organizations dedicated to the restoration
of lily-white rule in Louisiana, temporarily seize control of the state
government in a bloody coup d'etat. 38 killed. 79 wounded.
http://www.jimcrowhistory.org/scripts/jimcrow/map.cgi?city=
http://civilwar.bluegrass.net/AftermathAndReconstruction/raceriots.html
1886-
George K. Anderson of Memphis, TN, received a patent on typewriter ribbon.
1889-
Hull House in Chicago opened its doors. Formed by Jane Addams and Ellen
Starr, it was the first major settlement house in the United States.
In its first year of operation, it hosted more than 50,000 people. In
all, there would be more than 600 residents at various times ranging
from some of the most influential social reformers of the day to a future
prime minister of Canada - and just about everyone in between. Hull
House under Addams, in addition to social work and reform, served as
the "mother house" for the meeting and networking of reformers
who then went out to change the world.
1897-Birthday
of Margaret Fogarty Rudkin,
American businesswoman. who started making a healthy bread for one
of her sons in 1937 and parlayed those few loaves of bread it into a
major commercial company, Pepperidge Farms. The company had sales of
$32 million a year when she and husband sold out to Campbell Soup. She
stayed as president - supervising the day to day operations personally
as she had from the beginning - until a year before her death in 1967
of breast cancer, a disease from which she had since 1956.
Her noted collection of cookbooks was donated to the Pequot Library
in Southport, Connecticut.
1900
--Jazz Trumpet player Kid Rena birthday
http://www.redhotjazz.com/kidrena.html
1916
- Pitcher Christy Mathewson won the last pitching assignment of his
major- league career. He had a total of 373 wins, 188 losses, 83 shutouts
in 636 games, and he struck out 2,511 batters.
1921-
Constance Baker Motley , U.S. District judge who framed many of the
early civil rights cases. CBM influenced legal desegregation interpretations
in nine victories before the U.S. Supreme Court. She was the first Afro-American
woman to become a federal judge (1966) and only woman borough president
of Manhattan (1965).
http://www.jtbf.org/five_firsts/Motley_C.htm
http://www.toptags.com/aama/bio/women/cmotley.htm
1926-
seventeen-year-old Benny Goodman’s first recording session ( with Ben
Pollack and his Californians), Chicago, IL.
1927
- Gene Austin recorded one of the first million sellers; his composition,
"My Blue Heaven", for Victor Records.
1929
-- Ella May Wiggins and other
workers are riding in the back of an old pick-up truck to a union meeting,
when local vigilantes, thugs, and a sheriff's deputy force the truck
off the road and begin shooting at it. Ella May is killed.
Labor union organizers appear in Gastonia, Carolina. The textile mill
workers there eagerly flock to the union, but when the mill owners refuse
to recognize the union, a strike breaks out in June of this year. Prominant
on the union picket lines is Ella May Wiggins, a 29-year-old mother
of nine children who had been working the night shift at one of the
mills. When some of her children come down with whooping cough, Ella
May asks the mill foreman to put her on the day shift so she can care
for her sick babies. The foreman refuses and Ella May is forced to quit
her job. With no money for medicine, four of her children die. From
this point on, she becomes a militant in the strike movement. Her songs,
with the older melancholy of mountain ballads, help cheer on fellow
picketers.
(see middle of this:
http://www.beachonline.com/textile.htm
)
http://www.charleston.net/stories/022904/sta_29slain.shtml
http://www.ibiblio.org/uncpress/chapters/smith_ncwomen.html
1948
-- Milton Berle starts his TV career on Texaco Star Theater.
http://us.imdb.com/name/nm0000926/
http://www.cnn.com/2002/SHOWBIZ/News/03/27/milton.berle.obit/
1937
- The mercury soared to 92 degrees at Seattle, WA, a record for September.
1938-Birthday
of Niara Sudarkasa, Black-Afro-American anthropologist and president
of Lincoln University in Pennsylvania. She is an authority on African
and Black Afro-American women and families. NS is one of the leading
scholars of the U.S. and has served on more than 20 boards and task
forces in the furtherance of race relations.
http://www.malaspina.com/site/person_1090.asp
1944
-the Great Atlantic Hurricane passed near Cape Hatteras, NC. A few days
before it was a category 5 hurricane with winds near 160 mph. At Cape
Henry, VA sustained winds of 134 mph with gusts to 150 occurred. The
storm raced into New England. 46 were killed on land and over 300 were
lost at sea. Total damage was $122 million The hurricane destroyed the
Atlantic City NJ boardwalk
1951-
In a 9-6 loss to the Red Sox at Fenway Park, rookie Bob Nieman hits
consecutive dingers off Mickey McDermott becoming the first player to
hit home runs in his first two career at bats in the majors. In his
third trip to the plate, the St. Louis Browns freshman beats out a bunt
for a base hit.
1956---Top
Hits
Hound Dog/Don’t Be
Cruel - Elvis Presley
Whatever Will Be
Will Be (Que Sera Sera) - Doris Day
The Flying Saucer
(Parts 1 & 2) - Buchanan & Goodman
I Walk the Line -
Johnny Cash
1957-
“Have Gun, Will Travel,” so read the business card of Paladin (Richard
Boone), a loner whose professional services were available for a price.
This western also featured Kam Tong as his servant, Hey Boy. The show
was extremely popular and ranked in the top five for most of its run.
My father Lawrence Menkin wrote many of the episodes.
http://www.museum.tv/archives/etv/H/htmlH/havengunwil/havegunwil.htm
1963-The
Beach Boys' "Surfer Girl" peaks at #7 on the pop singles chart.
1964---Top
Hits
The House of the
Rising Sun - The Animals
Because - The Dave
Clark Five
Bread and Butter
- The Newbeats
I Guess I’m Crazy
- Jim Reeves
1967-
“Ironsides.” This crime series starred Raymond Burr as Robert T. Iron
side, Chief of Detectives for the San Francisco Police Department(he
was in a wheelchair, paralyzed from an assassination attempt).Also featured
were Don Galloway as his assistant, Detective Sergeant Ed Brown, Barbara
Anderson as Officer Eve Whitfield, Don Mitchell as Mark Sanger, Ironside’s
personal assistant, Gene Lyons
as Commissioner Dennis Randall, Elizabeth Baur as Officer Fran Balding
and Joan Pringle as Diana, Mark’s wife.
http://us.imdb.com/title/tt0107951/
http://www.museum.tv/archives/etv/B/htmlB/burrraymond/burrraymond.htm
1968-Big
Brother and the Holding Company's LP, "Cheap Thrills" enters
the LP chart -- where it will stay for 29 weeks, including 8 at #1.
1970
- The temperature at Fremont, OR, dipped to 2 above zero to equal the
state record for September set on the 24th in 1926.
1972-
“The Walton’s.” This epitome of the family drama spawned nearly a dozen
knock-~offs during its nine-year run on CBS. The drama was based on
creator/writer Earl Hamner Jr’s experiences growing up during the Depression
in rural Virginia. It began as the TV movie “The Homecoming,” which
was so well-received that it was turned into a weekly series covering
the years 1933—43. The cast went through numerous changes through the
years; the principals were: Michael Learned as Olivia Walton, mother
of the clan, Ralph Waite as John Walton, father, Richard Thomas as John-Boy,
eldest son, Jon Walmsley as son Jason, Judy Norton Taylor as daughter
Mary Ellen, Eric Scott as son Ben, Mary Beth McDonough as daughter Erin,
David W. Harper as son Jim-Bob and Kami Cotler as daughter Elizabeth.
The Walton grandparents were played by Ellen Corby (Esther) and Will
Geer (Zeb). The last telecast aired Aug 20, 1981
http://www.geocities.com/TelevisionCity/2792/walton1.htm
1972---Top
Hits
Alone Again (Naturally)
- Gilbert O’Sullivan
Long Cool Woman (In
a Black Dress) - The Hollies
Baby Don’t Get Hooked
on Me - Mac Davis
Woman (Sensuous Woman)
- Don Gibson
1973
- For his hit single "The Twelfth of Never," Donny Osmond
received a gold record. Released in March of 1973, the son was one of
five that went gold for the young Osmond. His other solo successes were:
"Sweet & Innocent", "Go Away Little Girl", "Hey
Girl" and "Puppy Love".
1975-
the first Catholic saint who was born in America was Elizabeth Ann Bayley
Seton , who was born into a Episcopalian family in New York City on
August 28, 1774, was canonized this day. The mother of five children, she founded the Society for the Relief
of Poor Widows with Small Children in 1797. She converted to Roman Catholicism in New York City in 1805 and
founded an order of nuns, the Sisters of Charity of St. Joseph. She died on January 4, 1821, in Emmetsburg,
MD, was beatified on March 17,1963, at the Vatican, Rome, by Pope John
XXIII, and was canonized this day in 1975.
1978
- The first episode of the television series "Mork & Mindy",
starring Robin Williams as Mork and Pam Dawber as Mindy, debuted on
ABC-TV. Mork made an earlier appearance in February, 1978, during an
episode of "Happy Days".
http://www.timstvshowcase.com/mork.html
http://us.imdb.com/title/tt0077053/
http://www.tvtome.com/tvtome/servlet/ShowMainServlet/showid-1520
1980---Top
Hits
Upside Down - Diana
Ross
All Out of Love -
Air Supply
Fame - Irene Cara
Lookin’ for Love
- Johnny Lee
1985-
“Golden Girls” premiere on TV.. This comedy starred Bea Arthur, Betty
White, Rue McClanahan and Estelle Getty as four divorced/widowed women
sharing a house in Florida during their golden years. The last episode
aired Sept 14, 1992 but the show remains popular in syndication.
http://timvp.com/goldgirl.html
1985
- At Radio City Music Hall in New York City, the first "MTV Video
Music Awards" were presented. The Cars won "Best Video"
for "You Might Think" while Michael Jackson won "Best
Overall Performance" and "Choreography" for his "Thriller"
video.
1985
- The Reverend Benjamin Weir, an American missionary, was released after
being held captive for 16 months by Shiite Muslim kidnappers in Lebanon.
1987
- A record for the skateboard high jump was set when Tony Magnuson went
9.5 feet above the top of the U-ramp.
1987
- Thunderstorms developing along a cold front produced severe weather
from Minnesota to Texas. Thunderstorms in Iowa produced baseball size
hail at Laporte City, and 80 mph winds at Laurens. Hail caused more
than ten million dollars damage to crops in Iowa. Thunderstorms in Missouri
produced wind gusts to 75 mph at Missouri City and Kansas City. A thunderstorm
in Texas deluged the town of Fairlie with two inches of rain in just
two hours
1988---Top
Hits
Sweet Child o’ Mine
- Guns N’ Roses
Simply Irresistible
- Robert Palmer
Perfect World - Huey
Lewis & The News
(Do You Love Me)
Just Say Yes - Highway 101
1988
- Thunderstorms produced severe weather over the Texas panhandle during
the evening hours. One thunderstorm spawned a strong (F-2) tornado in
the southwest part of Amarillo, and deluged the area with five inches
of rain. The heavy rain left roads under as much as five feet of water,
and left Lawrence Lake a mile out of its banks. Hurricane Gilbert lost
some of its punch crossing the Yucatan Peninsula of Mexico. Its maximum
winds diminished to 120 mph.
1990-
Ken Griffey, Sr. , and Ken Griffey, Jr., father and son, hit unprecedented
back-to-back home runs for the Seattle Mariners in a game against the
California
Angeles. Kirk McCaskill was the pitcher. The Mariners lost, 7-5.
1994---Top
Hits
I' ll Make Love To
You- Boyz II Men
Stay (I Missed You)
(From "Reality Bites")- Lisa Loeb
Stroke You Up- Changing
Faces
When Can I See You-
Babyface
1996-
Mark McGwire hits his 50th home run off Cleveland hurler Chad Ogea becoming
the 13th player in major league history to reach that plateau. The Cardinal
first baseman gives the milestone ball to his eight-year-old son, Matthew.
1998
- A new talk show, The Roseanne Show, debuted in syndication in more
than 150 stations in the country. It was Roseanne's first major television
project since her hit ABC sitcom Roseanne ended its 9-year run in May
1997.
http://us.imdb.com/name/nm0001683/
http://abc.go.com/primetime/realroseanne/index.html
1999-
The free "Sheryl Crow and Friends" concert is held in New
York's Central Park. She is joined on stage at different times by Keith
Richards, Stevie Nicks, The Dixie Chicks, Eric Clapton, Chrissie Hynde
and Sarah McLachlan. The second hour of the concert is broadcast live
on Fox.
1999---Top
Hits
Unpretty- TLC
Bailamos- Enrique
Iglesias
Summer Girls- LFO
She s All I Ever
Had- Ricky Martin
2002-
Barry Bonds ties Hank Aaron for the most 100-RBI seasons by a National
League player as he drives in his 100th run of the season for the 11th
time in his career. The major league record is13 shared by Jimmie Foxx,
Lou Gehrig, and Babe Ruth.
2002
Chin-Feng Chen becomes the first Taiwan-born player to appear in the
major leagues as
he walks and scores as a pinch-hitter for the Dodgers against the Rockies.
The 24-year-old first baseman-outfielder played for the 1990 Taiwan
team which won the Little League World Series.
2003---Top
Hits
Shake Ya Tailfeather-
Nelly, P. Diddy & Murphy Lee
Baby Boy- Beyonce
Featuring Sean Paul
Right Thurr- Chingy
Into You- Fabolous
Featuring Tamia Or Ashanti
Baseball
Poem
THERE WAS A BALL
GAME SOMEWHERE
by Tim Peeler
Before video parlors,
PCs and
Nintendo, on our
ragged bicycles
We scrambled to one
house or the other—
Hefners, Peelers,
then the Swansons who moved
In the neighborhood,
sometimes the Coffeys
From church, or the
Swansons' friends from their church -
For the really big
affairs with full teams,
Baseball games with
football scores. Out in the heat
Most of the day,
just breaking for lunchtime—
Easy pitches and
little guys taking
Big cuts, ghost runners
and no catcher, weird
Rules like ground
rule doubles for balls driven
Into the short cow
pasture fence in left
Or how to play a
pop fly that rolled off
The eight-sided parsonage
roof or smacked
The huge oak trees
in center field or the
Maple in right-center.
Barefoot sometimes,
always in shorts only,
Crew cuts and popsicle
stains on our mouths—
Before Play Station
and VCRs there
Was a baseball game
somewhere in dust and
Sweltering heat,
a game to be played by
Our rules only.
--- with the permission
of the author, from his
book of baseball
poetry:
“Waiting for Godot's
First Pitch”
More Poems from Baseball
available from Amazon
or direct from the publisher at: www.mcfarlandpub.com
 |
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