US Dataworks Submits Plan to the American Stock Exchange and Zimbra Broadens Mobile Capabilities for iPhone 2.0 with OTA Sync

City of Industry, CA --(www.USEquityNews.com)-- 08/29/2008 - Internet Information Provider industry alert provided by U.S. Equity News. US Dataworks, Inc. (Amex: UDW), a leading innovator of payment processing solutions, announced recently that it has submitted to the American Stock Exchange, a Compliance Plan in response to the Exchange's letter of July 23, 2008 informing the Company that it is not in compliance with certain of the Exchange's continued listing standards as set forth in Part 10 of the AMEX Company Guide (the "Company Guide") and the Company has therefore become subject to the procedures and requirements of Section 1009 of the Company Guide. "We have prepared a Compliance Plan to address the requirements outlined by the Exchange in their letter of July 23, 2008. The Plan was respectively submitted to the Exchange on August 27, 2008," says US Dataworks Chairman and CEO Charles Ramey. "It is our belief that we have provided a Plan that will result in the Company's compliance within the timeframe requested by the Exchange."


Oracle Corp. (NasdaqGS: ORCL) has hired Jeff Epstein as its new chief financial officer to replace Safra Catz, who had held the job for nearly three years while also serving as one of the business software maker's co-presidents. Epstein, 52, had been CFO at online video game publisher Oberon Media before accepting Oracle's job offer Wednesday. He will join Oracle Sept. 8. Epstein's resume includes CFO stints at several other companies, including Internet ad service DoubleClick Inc., which was acquired by Google Inc. for $3.2 billion earlier this year. Oracle is paying Epstein a $700,000 salary and may award him a $1.2 million bonus depending on the company's and his individual performance, according to documents filed Wednesday with the Securities and Exchange Commission. The Redwood Shores-based company also intends to award Epstein with 1 million stock options. The terms of the stock option grant will be set at a later date.

Zimbra, a Yahoo! (Nasdaq:YHOO) company, and the leader in open source, next-generation messaging and collaboration software, recently announced general availability of Zimbra Mobile for iPhone 2.0. Zimbra Mobile provides over-the-air (OTA) two-way synchronization of e-mails, multiple calendars and contacts between user mailboxes and mobile devices, and enables seamless "push" e-mail service for all versions of Zimbra Collaboration Suite (ZCS) Network Edition Standard or Professional, including the most current version, ZCS 5.0. Zimbra Mobile for iPhone 2.0 software allows iPhone users to maximize their business functions on the iPhone, complementing Apple's recently added support for Microsoft Word, Excel, and PowerPoint, PDF, JPEG and iWork. Additionally, Zimbra Mobile for iPhone enables OTA photo-sync, so photos associated with iPhone contacts will sync with the Zimbra address book as well. "We believe the iPhone is a great device for both personal and business use, and we are dedicated to providing iPhone users with mobile support to match iPhone's enterprise class capabilities," said Satish Dharmaraj, Yahoo! VP and Zimbra co-founder. "We're demonstrating our commitment to the Apple community by enabling Zimbra Mobile with the best iPhone enterprise support." "We're very excited that Zimbra is leveraging Apple's support for over-the-air sync on any iPhone or iPod touch with 2.0 software," said Jon Enos, CIO, Franklin and Marshall College. "The iPhone and iPod touch are sure to be very popular among students, faculty and staff and we look forward to rolling out Zimbra Mobile capabilities to iPhone and iPod touch users across campus."

Elysium Internet, Inc. (OTCBB:EYSM), a next generation Internet advertising and new media Company, recently announced that it has formed a joint venture and now owns 51% of Local Jobs, Inc. Elysium Internet Chairman and CEO Scott Gallagher commented, "We believe a phenomenal opportunity exists for us to become a leader in the local job space utilizing cutting-edge technology to connect employers with job seekers. Our CEO and founder Derek Chisholm has created a scalable technology platform similar to our local directories that should allow us to enter new markets with relative ease. We believe www.TampaBayJobListings.com will be very well received by Florida's largest job market, the Tampa Bay area." Gallagher continued, "After Tampa, we're targeting launching local job sites in all of Florida's major markets by the end of the year and nationally in 2009."

About U.S. Equity News

U.S. Equity News provides information, resources and news services for investors of small-cap, micro-cap and emerging companies. U.S. Equity News distributes RSS news feeds and a free subscription-based newsletter available through its website at www.usequitynews.com.

U.S. Equity News is a financial news distribution service by Equity Solutions, Inc. (www.equityirsolutions.com) that provides a platform for public companies to disseminate important news to key Wall Street interest such as shareholders and new investors. Equity Solutions, Inc. can assist by providing an effective increase in the awareness of a public company's news, development and corporate story through its proprietary network and its financial portal. U.S. Equity News and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.USEquityNews.com.

Contact Information:
U.S. Equity News
Tel: (626) 961-8039
Email: info@usequitynews.com

Comments:
Disclaimer: User Comments do not reflect the views of US Equity News, and we are not responsible for the content of users' comments. We also reserve the right to edit or delete comments to our discretion.

---