Thursday, 15 April 2010

Computer Software Innovations, Inc. to Present at AMI Spring Small/Micro Cap Investment Conference

EASLEY, SC, Apr 14, 2010 (MARKETWIRE via COMTEX) -- Computer Software Innovations, Inc. /quotes/comstock/11k!cswi (CSWI 0.68, +0.02, +3.03%) , CSI Technology Outfitters(TM) ("CSI") today announced that Company executives will be presenting at the Accredited Member, Inc. (AMI) Spring Small/Micro Cap Investment Conference to be held April 20-22, 2010 at the Green Valley Ranch Resort and Spa just outside of Las Vegas in Henderson, Nevada.

WHO:   Nancy Hedrick, Chief Executive Officer
David Dechant, Chief Financial Officer
WHEN: Wednesday, April 21st at 2:55 PM PT
WHERE: Green Valley Ranch Resort
2300 Paseo Verde Parkway
Henderson, Nevada

To secure one of the final registration spots at the AMI Spring 2010 Small/Micro Cap Conference, accredited investors can register at: www.theamiexperience.com/register.

About Accredited Members, Inc. Accredited Members, Inc. (AMI) is a publisher of research and information regarding small/micro cap companies. AMI provides an online social networking website intended for high net-worth investors (www.accreditedmembers.com) and corporate profile clients, and also holds conferences for investors to meet and build relationships with small/micro cap companies. AMI is a wholly-owned subsidiary of Across America Real Estate Exchange, a publicly-traded company.

About Computer Software Innovations, Inc. CSI provides software and technology solutions to public sector markets. CSI software solutions have established the Company as a major software provider in the southeast education market including through its award winning financial management solutions for the education and local government market sectors. CSI's Version3 products, which include identity and access management and cloud-based communication and collaboration solutions expand CSI's presence beyond the southeast and internationally.

The CSI 21st Century Connected School solution has established the Company as a major technology provider to the southeast education market. CSI 21st Century Connected School is a seamless integration of instruction, collaboration, and network solutions. CSI financial management applications and the 21st Century Connected School solutions have been a significant factor in nearly doubling company revenue in the past three years to over $50 million and increasing education revenue contribution to approximately 90% of total revenue.

The CSI solution portfolio encompasses proprietary financial management software specialized for the public sector, lesson planning and identity and access management software, cloud-based communication and collaboration solutions, SharePoint development, network infrastructure and end device solutions, IP telephony and IP convergence applications, network management solutions and managed services, and interactive classroom technologies. More information about CSI /quotes/comstock/11k!cswi (CSWI 0.68, +0.02, +3.03%) is available at www.csioutfitters.com.

Contacts: Company Contact: David Dechant Computer Software Innovations, Inc. (864) 855-3900 ddechant@csioutfitters.com Investor Contact: Daniel Conway DC Consulting, LLC (407)792-3332 investorinfo@dcconsultingllc.com

SOURCE: Computer Software Innovations, Inc.

mailto:ddechant@csioutfitters.com mailto:investorinfo@dcconsultingllc.com

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http://www.marketwatch.com/story/computer-software-innovations-inc-to-present-at-ami-spring-smallmicro-cap-investment-conference-2010-04-14?reflink=MW_news_stmp

Sunday, 18 October 2009

IBM plans big hardware upgrade next year

IBM disclosed the plans at a time when server sales among all vendors have taken a bruising during the economic downturn, and IBM is no exception. In a third quarter earnings call yesterday, said Mark Loughridge, IBM's chief financial officer, said that the company's third quarter mainframe revenue declined by 26% from the year-earlier period.

Nonetheless, Loughridge said IBM is optimistic about the hardware business in the near future in a climate of what he called a return to "general stability."

The new Power7 chip will offer up to eight cores and increase support for virtualized environments, executives said. IBM has slowly be releasing specs for Power7, which it says will support 1,000 virtualized machines, almost four times the 254 supported by the dual core Power6 chip that was released in 2007. IBM's Power chips support AIX, Linux and the older System I computers.

IBM released its last mainframe, the z10, in February, 2008, and typically releases a new mainframe every three years. If it keeps with that schedule, the new mainframe probably won't be shipping until late next year.

Gordon Haff, an analyst at Illuminata Inc. in Nashua, N.H., said IBM's next mainframes may help users cut costs by allowing them to move some of the mainframe processing to IBM x86 systems. In a hybrid system, the mainframe may handle the service management and data storage with the x86 systems performing some of computational work, said Haff.

IBM has tried to cut user costs in the current mainframe line by using specialty processing engines, such the Linux IFL processor.

The ability to offload mainframe work to the x86 systems of multiple vendors is one of the reasons cited by the Computer and Communications Industry Association (CCIA) trade group in its effort to trigger a new antitrust inquiry into IBM practices by the Department of Justice. The trade group claims that IBM is blocks third party vendors from offering such an offloading capability.

Rich Partridge, an analyst at Ideas International Inc. in Rye Brook, N.Y., said that with increases in throughput and processing power in the next mainframe, IBM will probably encourage users to replace servers with mainframes to cut back on data center sprawl. The argument for "more centralized computing infrastructure will play to the mainframe," he said.

IBM's planned hardware improvements come as Oracle Corp. outlines more of its plan to integrate Sun Microsystems Inc. once its deal to buy the struggling computer maker closes. Oracle CEO Larry Ellison went into overdrive about IBM at company's annual conference OpenWorld, vowing to vanquish IBM.

IBM CTO Alan Ganek was sanguine about IBM's prospects in any head-to-head performance metric match up.

"Oracle is a competitor and will always be a partner," said Ganek, of Ellison's attack, "but I don't see any change here I'm worried about."

Meanwhile, Loughridge noted that IBM's software's sales improved in the third quarter. He cited In particular a 2% increase in sales of the company's major middleware products, such as the WebSphere, Tivoli, Lotus and Rational product lines.

Ganek said in an interview that improvements in the WebSphere and other middleware lines generally are the result of automating businesses processes, so that a user's data can flow through the process end-to-end.

Source: http://www.computerworld.com/s/article/9139482/IBM_plans_big_hardware_upgrade_next_year