Radiant to provide point of sale hardware and CounterPoint software to NexCen's specialty retail franchisees

ATLANTA, Aug 11, 2008 (BUSINESS WIRE) -- Radiant Systems, Inc. (RADS:
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RADS 9.52, +0.12, +1.3%) announced today that NexCen Brands, Inc. (NEXC:
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NEXC 0.39, -0.02, -4.9%) (NexCen), which owns, licenses, franchises and markets a global portfolio of well-known consumer brands, has selected the Radiant retail solution for its two specialty retail concepts, The Athlete's Foot (TAF(TM))and ShoeBox New York.
"We chose Radiant Systems as our technology provider because of the company's proven track record supporting large, global franchisees like The Athlete's Foot," said Paul Jones, vice president of retail operations for NexCen. "Radiant Systems also delivers an integrated inventory control and retail point of sale (POS) solution that is ideal for ShoeBox New York, our high-end, boutique brand that carries an exclusive selection of the world's most coveted designer lines."
Only Radiant offers specialty retailers a complete solution with CounterPoint retail software, hardware built specifically for the retail environment, integrated ecommerce, and a company dedicated to providing excellent on-going support. CounterPoint software is easy to implement and delivers a complete retail management solution that includes robust inventory management, touchscreen POS ticket entry, built-in customer relationship management (CRM), automated purchasing and reporting. TAF(TM) and ShoeBox New York will use Radiant's P1520 retail POS terminals and CounterPoint software.
"CounterPoint is an ideal solution for NexCen's retail franchisee locations because it's an intuitive application that new employees are able to learn and understand quickly," said Chuck Moeling, vice president of sales and service for the retail division at Radiant Systems. "This is especially important in retail environments where the addition of seasonal employees results in many new users on the system."
The functionality behind Radiant Systems' retail technology aligns well with NexCen's business model. Because NexCen's retail division franchises more than 600 stores worldwide, its corporate office requires a POS solution that provides visibility into each franchisee's revenues, yet ensures privacy among the franchisee community.
"With our offerings, NexCen's corporate team receives broad visibility into the overall business results of each store, while each franchisee's data remains secure and inaccessible by others in the franchise community," Moeling added.
Radiant Systems began deploying its POS hardware and software in the first two TAF(TM) locations in July.

Applisonix' Hair Removal Technology Receives the Frost & Sullivan 2008 European Technology Innovation Award

REHOVOT, Israel, August 11, 2008 /PRNewswire-FirstCall via COMTEX/ -- Applisonix LTD (TASE: APLS), a developer of innovative ultrasound based solutions for the aesthetic market, received the 2008 European Technology Innovation Award for the aesthetics market from Frost & Sullivan, a global Growth Partnership company who provides research and consulting services to accelerate growth. Applisonix was awarded the lucrative award for developing its revolutionary and unique ultrasound technology, IMPRESA(TM).
Frost & Sullivan provides industry leading market research in several technology areas, including healthcare. The company's analysts and consultants publish market research and business intelligence data, including a recent comprehensive report on "Global Aesthetic Laser Market". The criteria for the final ranking of the Technology Innovation Award includes, among others: innovation significance in the industry, the potential to become an industry standard, the competitive advantage over other technologies, and the impact on the industry.
According to the award announcement, Applisonix' ultrasound technology platform offers a unique solution for long-term hair removal for all skin tones, hair colors, and body parts. "As ultrasound becomes an emerging technology in the aesthetic market, Applisonix' technology platform and experience pave the road for the company to join the leading aesthetic companies in the world in the hair removal and aesthetic market." Frost & Sullivan further state that "The technology holds huge market potential and the company showed impressive execution capabilities".
Sharon Mathews, Healthcare Research Analyst for Frost & Sullivan's Technical Insights team said: "We think ultrasound presents a huge opportunity in the aesthetic market in general, and specifically in hair removal. We chose Applisonix over other candidates, which are some of the leading light-based aesthetic companies, as Applisonix has developed an innovative ultrasound platform that could potentially change the way hair removal is done. Applisonix takes a phased commercialization approach, starting with a hair by hair solution for small body areas, and later a complementary component for larger body areas. Such gradual approach, common to disruptive technologies, can provide immediate commercial success, paving the way for increasing market share."
Alon Goren, Applisonix Founder and co-CEO, said: "We congratulate the recognition by some of the leading technology and market analysts, for the unique technology platform we developed, for the market penetration strategy, and for the company's commercial potential".
Applisonix Chairman, Prof. Yitzhak Peterburg stated that "The selection by a large and distinguished research firm such as Frost & Sullivan of Applisonix' technology as innovative, will help us establish Applisonix' position as a leading player in the global aesthetic market".

Serving and leading beyond boarders

BEGINNINGS
Naval Institute of Technology (NIT), the only state college in the province of Biliran, will be celebrating its 36th anniversary this month.
Many years back, when remnants of the war were still around, Naval was a town without a secondary school. Naval the capital of Biliran Province (formerly a sub-province of Leyte).
Amid these trying times, the need for a secondary school was felt. A municipal resolution requesting that a junior high school be established in the Municipality of Naval, was presented and approved on June 3, 1946.
Like other newly opened institutions, the school had undergone all kinds of trials — from lack of funds and buildings to an impermanent site for the school campus.
Nevertheless, a few years later, the Naval High School was converted into a state college now known as the Naval Institute of Technology through Republic Act No. 4309 in 1972.
With the mandate to bring education within the reach of students in the rural areas, NIT aims to be a globally competitive institution of higher learning imbued with positive values that will contribute to progress, with the mission to produce graduates adequately equipped with quality education, professional training, and relevant skills through instruction, research, extension services, and production.
THE PRESENT
The word Naval gives one an impression that the Institute is specializing in seafaring.
Marine Transportation and Marine Engineering are, indeed, the flagship programs and the major draw for students to enroll in the school. However, the Institute also offers an array relevant curricular programs, covering various disciplines from basic to health and applied sciences and liberal arts.
More than 30 academic programs are offered by five different colleges namely: BS in Marine Transportation and Marine Engineering, College of Maritime Education; AB in Economics and Communication Arts, BS in Biology, Criminology, Business Administration, and Nursing, College of Arts and Sciences; Bachelor in Elementary Education and Secondary Education, College of Education; BS in Civil Engineering, Electrical Engineering, Mechanical Engineering, Computer Engineering and Biomedical Technology, College of Engineering; and Computer Science, Information Management, Hotel, Restaurant, and Tourism Management and Industrial Technology, College of Technology.
NIT also offers post-graduate degrees such as Doctor of Education, Doctor in Management, Master of Education, Master of Arts in Elementary Education, Industrial Education, and Master of Arts in Teaching Filipino, English, Math, and Science.
The College of Law also brings Bachelor of Laws within the reach of students.
The satellite campus in the municipality of Biliran offers Agriculture, Forestry, and Fishery-related programs.
ACCREDITATIONS
Most of the programs are ladderized for which the Institute was awarded by Malacanang as one of the first institutions to have implemented Executive Order No. 358. Most of its programs are AACCUP accredited. The Det Norske Veritas or DNV, an international auditing body that ensures quality and standard operation, certifies its robust quality assurance mechanism and that NIT is on even keel.
NIT was also the pilot institution in Region 8 visited by the Institutional Quality Assurance Monitoring and Evaluation or IQuAME team of CHED. For ranking fifth in the 2005 Licensure Exam for Electrical Engineers, the Institute gained the respect among electrical engineering schools in the country today.
NIT has obtained Level III-A in the SUC Leveling of the DBM and CHED, a great leap which juxtaposed the Institute on the same footing with other prestigious colleges and universities in the country.
Faithful as a technological school, the Institute is equipped with state-of-the-art facilities and amenities. The main-campus houses five computer laboratories and two internet cafes with access to the Internet, a speech laboratory, multimedia language system center, multimedia center, science laboratories, mock bridge for maritime students, a mock hospital and a nursing arts laboratory for nursing students, and a hostel which serves as the laboratory hotel for HRTM students.
Luxury of space affords the institute to have sports facilities such as a gymnasium, sports arenas, and a soccer field, reputed to be the most beautiful in Region 8. With the well-maintained and beautiful landscape, one would find NIT as a school that sits in the middle of a garden where technology and nature amicably coexist.
LINKAGES
At present, the Institute has established and sustained linkages and partnerships with industry sectors, here and abroad, which include Semiconductor and Electronics Industries in the Philippines, IOc. (SEIPI), PRICON Microelectronics Philippines, Inc., ZiLOG Electronics Philippines, Inc., Dream Search International, Inc., SERVIECON International Corporation, World Apart-One Heart, Inc., 2000 Recruitment PTE Ltd., University of Perpetual Help System, PAROLA Maritime Agency Corp., Vintes Maritime Corporation, Blue Manila, Inc., and Cebu Ceramic House to name a few. In cooperation with CHED, some BSHRTM and Engineering students undergo international on-the-job training in Singapore, Saipan, and the United States.
A number of maritime students take apprenticeship in Japan, Malaysia, and Korea through the Ventis Maritime Training Corporation and K-Line Shipping Corporation.
An interview with employers during the IQuAME visit revealed the strength of the Institute - the students.
Employers vouched for the competence of NIT graduates. They attested that NIT graduates possess the life skills, in addition, of course, to the technical know-how that one needs to succeed in the workplace. A graduate tracer study (Ariaso, D. Sr., 2008) revealed the high employability status of NIT graduates pegged at 71.3%. NIT also maintains high passing percentage in different licensure examinations for all its academic programs.
UNIVERSITY CONVERSION
The Institute is vigorously pursuing its quest for its conversion or elevation into a state university to be known as Naval State University per House Bill No. 4414 contained under Committee Report NO.752 (in substitution of House Bill No. 1927) sponsored by Congresswoman Cynthia A. Villar (Chair, Committee on Higher and Technical Education), Congressman Edcel C. Lagman (Chair, Committee on Appropriations), Congressman Exequiel B. Javier (Chair, Committee on Ways and Means), and Congressman Glenn A. Chong (Representative, Lone District of Biliran Province) and Senate Bill No. 2146 sponsored by Senator Juan Miguel F. Zubiri.
This is a priority program of the present administration in collaboration with its stakeholders, congressional and local government unit’s officials, and partner institutions. The conversion is expected to provide equal opportunity and better access to modern but affordable higher education for the student populace in Biliran Province and nearby provinces in Leyte and Samar Islands.
This will also enable the school to undertake intellectual inquiry and creation of meaningful knowledge with greater fiscal and institutional autonomy.
In the words of NIT president Dr. Edita S. Genson, "These laudable achievements are hoped to serve the present and future cause of the people of Biliran and the nation as a whole. We dedicate this to the past and future administrators, students, and other stakeholders. NIT serves and will continue to serve and lead across borders."