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Applied Materials Announces Cost Reduction Plan

Applied Materials, Inc. today announced a global cost reduction plan that primarily affects its semiconductor equipment and services businesses and related support organizations. As part of the plan the company will reduce its global workforce by approximately 1,000 positions or about 7%, through a combination of job elimination and attrition.

Posted: Jan 15th, 2008

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Ratliff Named Chairman of NAM Manufacturing Institute

Robert J. Ratliff, founder and retired chairman, president and chief executive officer of AGCO Corporation in Duluth, Ga., is the new chairman of The Manufacturing Institute, the research and education arm of the National Association of Manufacturers (NAM), the nation's largest industrial trade association.

Posted: Jan 14th, 2008

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NVE Schedules Conference Call On Third Quarter Results

NVE Corporation announced that it plans to release its financial results for the quarter ended December 31, 2007 on Wednesday, January 23, 2008 after the close of the NASDAQ Regular Market. The company will hold its quarterly conference call later that day at 4:00 p.m. Central Time.

Posted: Jan 14th, 2008

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Xerox Fuels Innovation Engine with 584 New Patents in 2007

Xerox Corporation was granted 584 U.S. utility patents in 2007, adding to its extensive intellectual property portfolio. Many of the patents are already fueling new technologies embedded in products and services Xerox brought to market within the last year, while others provide the foundation for the next generation of products, services and software.

Posted: Jan 14th, 2008

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Electrovaya Joins Forces on Plug-in Hybrid Electric Vehicles

Electrovaya (EFL:TSX) announced today that it has signed a non-binding Memorandum of Understanding with New York based Visionary Vehicles (VV) to produce batteries for VV's full line of plug-in hybrid vehicles (PHEVs). The agreement will result in a Joint Venture to develop, manufacture and provide Electrovaya's Lithium-Ion SuperPolymer batteries and intelligent battery management systems to Visionary Vehicles for use in its PHEVs.

Posted: Jan 14th, 2008

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