Harland Clarke Holdings Corp. ("Harland Clarke Holdings" or the "Company") recently reported results for the third quarter and nine months ended September 30, 2010. In addition to the Harland Clarke Holdings quarterly report on Form 10-Q filed with the Securities and Exchange Commission today, Harland Clarke Holdings' financial results are also consolidated in the Quarterly Report on Form 10-Q filed today by M & F Worldwide Corp. ("M & F Worldwide") (NYSE:MFW), which is the indirect parent company of Harland Clarke Holdings.
M & F Worldwide will host a conference call to discuss its third quarter 2010 results on November 11, 2010, at 9:00 a.m. (EST). The conference call will be accessible by dialing (800) 230-1096 in the United States and (612) 332-0226 internationally. For those unable to listen live, a replay of the call will be available by dialing (800) 475-6701 in the United States and (320) 365-3844 internationally; Access Code: 174921. The replay will be available from 11:00 a.m. (EST) Thursday, November 11, 2010, through 11:59 p.m. (EST) Thursday, November 25, 2010.
PTS, Inc. (OTCPK:PTSH) Announces New IT 3 Year Service Contract
PTS, Inc. (OTC.BB:PTSH) www.ptspi.com/ announced that through its ThinLine division has signed a 3-year Voice Over Internet Protocol (OTCPK:VOIP) contract with MC Universal Art (www.greatamericanart.com).
MC Universal Art has been designing and installing quality framed art for over 30 years. They are a leading provider of wholesale and retail art frames, fine art prints, signed limited additions, as well as providing interior design consulting services. MC Universal Art works with leading interior designers, architects, and office furniture dealers - they help their wholesale clients achieve an environment that drives the image and identity they want to project for customers.
MC Universal Art is expanding its office and manufacturing infrastructure and required a scalable communications system that can handle their growth without effecting customer service. They also had a need to insure that their IT architecture would not be impacted with their communication upgrade.
"We were looking for a company that had VOIP expertise but also had the IT expertise to install, manage and scale our telecommunications infrastructure", said Macky Pannu CEO of MC Universal Art. "ThinLine met all of our criteria and we look forward to growing our services with them in the future," added Macky Pannu.
"I am impressed with MC Universal Art. They have a world class company and I am excited to have the opportunity to work with Macky and his team," said Raj Kalra CEO of PTS, Inc. "Our VOIP product will work perfectly to meet their existing demand, and will allow them to grow as quickly as they need so they can scale to keep up with their growth," added Raj Kalra.
In other company news:
Following several queries from the investment community, PTSH explains the relationship with ThinLine and addresses its "70% ownership". Raj Kalra, CEO of PTSH explains, "PTSH purchased my 70% ownership of ThinLine in a Share Exchange Agreement last week. In exchange of my 70% ownership I received restricted shares of PTSH stock. ThinLine has two owners, PTSH (70%) and a second party (30%). ThinLine is a subsidiary of PTSH, owning 70% therefore shall receive 70% of the profits. In respect to why the deal won't close until December 31, 2010 is due to two factors: 1) ThinLine has approx 70 days to complete SEC audits and; 2) PTSH has its year end 12/31/10, and it makes for easier accounting. For all intensive purposes it is business as usual for PTSH and ThinLine since the merger.
PTS, Inc. does not have significant operations. It intends to acquire undervalued businesses and/or merge with businesses with a history of operating revenues. Prior to February 23, 2010, the company engaged in the provision of accessibility compliance consulting services to government, school districts, and municipalities and other public entities, as well as to retail, commercial, recreational, and corporate customers. PTS, Inc. was founded in 1996 and is based in Las Vegas, Nevada.
M.D.C. Holdings, Inc. (NYSE:MDC) recently announced that Christopher M. Anderson has concluded his employment as the Company's Senior Vice President and Chief Financial Officer, effective at the close of business on November 5, 2010. Mr. Anderson will provide consulting services to the Company for a period of 90 days, commencing November 6, 2010.
"For the past two and a half years, Chris has been an integral part of our team," said Larry A. Mizel, MDC's Chairman and Chief Executive Officer. "As a leader in the Company, Chris' ability to identify and solve key business issues has led to long-lasting improvements to our operations. As the leader of the finance organization, he has been an excellent steward of our investment grade balance sheet and has consistently demonstrated strong financial integrity. We regret seeing him go and wish him well."
Celebrating its first holiday season in true Santa Monica style, Santa Monica Place introduces a seasonal experience unlike anything else in Los Angeles, including a one-of-a-kind, modern performance tree.
The lights on this contemporary, 50 foot-tall, sculptural holiday tree don't just dance, they actually groove to a custom-created soundtrack from KCRW DJs. Enveloping the entire main level Plaza in a wash of color, light and hip, seasonal music, the new tree – more an art installation than a traditional holiday tree – transforms Santa Monica Place into a must-see holiday destination.
The season kicks off with an exciting, musical tree-lighting celebration, called Santa Monica Shines, Saturday, Nov. 20, 2010, from 6-7 pm. This fun, free event for the public stars KCRW Music Director Jason Bentley and the acclaimed new vocal group, The Living Sisters, featuring three of LA's best singer-songwriters (Inara George of The Bird and The Bee, Becky Stark of Lavender Diamond and singer Eleni Mandell). The event also showcases the abundance of local talent that helps make Santa Monica so special. Featured performers include groups from Santa Monica High School, Brentwood Academy of Dance and more, plus a special appearance by Santa. Santa Monica Shines is presented by Yogi Bear, the movie.
Santa Monica Place's parent company, Macerich® (NYSE:MAC), which has been headquartered in Santa Monica for more than 30 years, is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich now owns approximately 73 million square feet of gross leaseable area consisting primarily of interests in 71 regional malls.
Additional information about Macerich can be obtained from the Company's website at www.macerich.com.
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