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SI Silvergate Capital Corporation

1.25
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Silvergate Capital Corporation NYSE:SI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.25 0 01:00:00

/C O R R E C T I O N -- Siemens Enterprise Communications/

28/01/2009 7:37pm

PR Newswire (US)


Silvergate Capital (NYSE:SI)
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In the news release, Siemens Enterprise Communications and Tiburon, Inc. Partner to Provide Integrated Public Safety Systems, issued earlier today by Siemens Enterprise Communications over PR Newswire, we are advised by the company that the following version of the release contains the most up-to-date information. Please disregard the original transmission as multiple updates have been made to the release. The complete, corrected release follows: BOCA RATON, Fla., Jan. 28 /PRNewswire/ -- Siemens Enterprise Communications and Tiburon, Inc. announced today they have entered into a strategic partnership, where together they can better serve their customers with a more holistic, end-to-end solution for emergency response and public safety. The combination of Siemens Command and Control solution with Tiburon's Computer Aided Dispatch (CAD) system delivers improved communications and more efficient dispatch, helping to reduce response times and improve resource utilization. (LOGO: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO ) Siemens provides public safety organizations its Command and Control Open Communications solution with features including radio caller ID and emergency alerts, as well as better control of vital information and improved situational awareness. All information is channeled to a single, central point, where it can be recorded, evaluated, and processed with increased speed and efficiency -- all in real time. It also leverages the power of fixed mobile convergence -- bringing IT, wired and wireless voice and data together over an IP network -- facilitating enhanced continuity of operations, improved information gathering and processing, and optimized real-time decision-making. Serving some of the largest, most complex agencies in the world, Tiburon is one of the country's leading providers of integrated public safety solutions. Tiburon's suite of products includes computer aided dispatch and records management systems for law enforcement, fire and rescue, and corrections agencies. With a unique distributed, workstation-based peer-to-peer architecture, Tiburon CommandCAD provides the optimum in availability, disaster tolerance, scalability, and deployment options. Tiburon CommandCAD operates as a fully distributed system on standard PCs using Microsoft(R) Windows(R). This server-independent architecture places a completely functional and self-sufficient CAD system in front of every user, resulting in 99.999% uptime for all critical functions. By combining Siemens' Command and Control Communications solution with Tiburon's CommandCAD system, customers are better able to get the right information to the right people, and the right people to the incident -- wherever they are -- more quickly and reliably for more effective incident management. "With Siemens' focus on emergency communications and Tiburon's focus on rapid dispatch of relevant resources, combining efforts gives public safety and first response organizations the best of both worlds," said Dana Rasmussen, President of Siemens Enterprise Communications in North America. About Siemens Enterprise Communications Siemens Enterprise Communications is a joint venture between the private equity firm The Gores Group, a leading private equity firm, and Siemens AG. The joint venture incorporates Siemens Enterprise Communications GmbH & Co. KG, its worldwide affiliates and the businesses of Enterasys Networks and SER Solutions, creating a new leader in enterprise communications -- strong in unified communications, contact centers and secure networks. More than 14,000 employees worldwide follow an Open Communications approach, providing enterprise communications and data networking solutions for enterprises of all sizes. This enables business processes to be more productive, faster and more secure within any network or information technology infrastructure. In fiscal 2007 Siemens Enterprise Communications generated revenues of approximately 3.2 billion Euros. For more information about Siemens Enterprise Communications, please visit http://www.siemens.com/open. Note: Siemens is a registered trademark of Siemens AG or its subsidiaries and affiliates. All other company, brand, product and service names are trademarks or registered trademarks of their respective holders. About Tiburon, Inc. Established in 1980, Tiburon is the industry leading provider of automated solutions to meet the demanding and complex needs of law enforcement, fire and rescue, and corrections agencies. Tiburon provides fully integrated solutions including computer aided dispatch, records management, mobile data, field reporting, and mapping systems. For more information, go to http://www.tiburoninc.com/. This release contains forward-looking statements based on beliefs of Siemens management. The words "anticipate," "believe," "estimate," "forecast," "expect," "intend," "plan," "should," and "project" are used to identify forward-looking statements. Such statements reflect the company's current views with respect to future events and are subject to risks and uncertainties. Many factors could cause the actual results to be materially different, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Actual results may vary materially from those projected here. Siemens does not intend or assume any obligation to update these forward-looking statements. http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGODATASOURCE: Siemens Enterprise Communications CONTACT: Holly Hagerman, Connect Public Relations, +1-801-373-7888, , for Siemens Enterprise Communications Web Site: http://www.siemens.com/open

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